Associate General Counsel, Structured Finance

About the role

Figure is a leading platform in the blockchain space, specializing in the origination and trading of tokenized assets. The company has established a significant presence in the capital markets with a focus on innovative financial products, including a credit marketplace and an on-chain lending platform.

In this role, the Associate General Counsel will oversee the legal aspects of securitization programs and other financing vehicles. Success will involve managing legal documentation, compliance, and leading a team focused on structured finance, while fostering collaboration with product and engineering teams on blockchain-related legal matters.

The role offers a competitive salary range, with additional bonuses and equity options, reflecting the seniority and expertise required.

Skills that matter here

• structured finance: The role requires extensive experience in structured finance, particularly in managing securitization transactions.
• securitization law: Candidates must have a strong command of securitization law and practices, including compliance with relevant regulations.
• digital assets: An interest and understanding of digital assets and tokenized securities are crucial for advising on blockchain-native structures.
• legal drafting: Strong drafting skills are essential for creating legal documents that support complex financial transactions.
• team leadership: The role involves leading a legal team and developing internal legal resources for efficient transaction management.

Who this role suits

• A seasoned lawyer with over 10 years of experience in structured finance.
• Someone who thrives in a fast-paced environment and can handle high-pressure situations with sound judgment.
• An individual with a strong interest in digital finance and the ability to rapidly learn and apply new legal concepts.
• A proactive leader who enjoys mentoring and developing junior lawyers while managing outside counsel effectively.

From the employer

What You’ll Do

• Lead legal execution of the securitization program: shelf and program documentation, offering documents and disclosure, rating agency and investor diligence, trustee, servicer, and transaction-party agreements, and ongoing compliance (Regulation AB II, Rule 17g-5, risk retention)
• Lead legal deal team for warehouse, repurchase, participation, and loan purchase facilities and their amendments
• Also lead legal support for forward flow and whole loan sale programs
• Structure and document joint ventures, credit funds, and other financing vehicles with institutional capital partners
• Serve as legal lead on blockchain-native structures: tokenized securitization tranches, on-chain transfer and settlement mechanics, DeFi-sourced funding, and digital asset collateral, working with Product and Engineering to translate protocol mechanics into enforceable documentation and clear disclosure
• Advise on true sale, bankruptcy remoteness, UCC perfection, servicing and trust structures, and the accounting and tax interactions of deal structure, including consolidation and deconsolidation
• Own the legal workplan against the deal calendar, including the documentation and financing integration tail from acquired lending platforms
• Lead and develop the Structured Finance legal team, currently a senior capital markets counsel, and build the templates, playbooks, and precedent that let repeat transactions run in-house
• Select and manage outside counsel on owned matters against first-draft insourcing goals and a spend budget
• Coordinate with the Corporate & Securities group on the securities-law aspects of capital markets transactions and with Compliance on regulatory touchpoints.

What We Look For

• 10+ years in structured finance at a top law firm and/or in-house at an issuer or lender, with first-chair securitization and lender finance experience across multiple asset classes (residential mortgage and HELOC, residential transition, auto, unsecured consumer, or similar)
• Command of securitization law and practice, including Regulation AB II, Rule 17g-5, risk retention, Rule 144A and Regulation S offerings, true sale and non-consolidation analysis, and trust and servicing structures
• Real interest in digital assets, tokenized securities, and DeFi-based funding, with hands-on exposure strongly preferred; ability to learn protocol mechanics quickly and reason about them legally
• A structuring mindset: comfortable designing structures without precedent and defending them to rating agencies, investors, auditors, and regulators
• A drafter first and a firm manager second, with a record of bringing work in-house and reducing per-deal outside counsel spend
• Sound judgment under deal pressure and the ability to turn risk into clear recommendations for senior executives
• Experience leading and developing lawyers
• Public company or regulated-entity experience a plus; familiarity with Securities Act, Exchange Act, and Investment Company Act questions as they touch structured products a plus
• J.D. and membership in good standing with at least one state bar
• Excellent written, oral, and interpersonal communication skills
• Ability to thrive in a fast-paced, growing company.

Salary

• Base Compensation Range: $227,700 - $341,550/yr
• 25% annual bonus target, paid quarterly
• Company equity in the form of RSUs

Benefits

• Comprehensive medical, dental, and vision coverage, with 100% employer-paid premiums for employees and their dependents on select plans
• Company HSA, FSA, Dependent Care FSA, 401(k), and commuter benefits
• Employer-paid life and disability insurance
• 11 observed holidays and PTO plan
• Up to 12 weeks of paid family leave
• Continuing education reimbursement.