Collateral Associate (Capital Markets Residential Mortgage Due Diligence)

Collateral Analyst (Capital Markets Residential Mortgage Due Diligence)

Figure (NASDAQ: FIGR) is transforming capital markets through blockchain. We're proving that blockchain isn't just theory - it's powering real products used by hundreds of thousands of consumers and institutions.

By combining blockchain's transparency and efficiency with AI-driven automation, we've reimagined how loans are originated, funded, and traded in secondary markets. From faster processing times to lower costs and reduced bias, our technology is helping borrowers, investors, and financial institutions achieve better outcomes.

Together with our 170+ partners, we've originated over $22 billion in home equity loans (HELOCs) on our blockchain-native platform, making Figure the largest non-bank provider of home equity financing in the U.S. Figure's ecosystem also includes YLDS, an SEC-registered yield-bearing stablecoin that operates as a tokenized money market fund, and several other products and platforms that are reshaping consumer finance and capital markets.

We're proud to be recognized as one of Forbes' Most Innovative Fintech Startups in 2025 and Fast Company's Most Innovative Companies in Finance and Personal Finance.

About the Role

We are seeking a Collateral Analyst to join our Capital Markets team to support residential whole loan sales and securitizations with a focus on third-party due diligence coordination, collateral sample preparation, and exception resolution.

What You'll Do

• Prepare loan-level due diligence samples for third-party review (TPR) firms
• Track due diligence reviews, findings, and outstanding items
• Review TPR outputs and resolve loan-level exceptions
• Coordinate across capital markets, credit, operations, and external counterparties
• Support whole loan sales and securitizations through closing
• Maintain trackers, exception logs, and investor reporting

What We Look For

• Bachelor's degree in Finance, Economics, Business, or related field
• 24 years residential mortgage due diligence experience at a bank, rating agency, originator, TPR firm, or residential credit investor
• Strong understanding of mortgage loans and collateral documentation
• Prior experience in working with capital markets on loan and securitization execution a plus
• Experience with loan data tapes and exception tracking
• Strong Excel skills and attention to detail
• Ability to manage multiple transactions in a fast-paced environment
• Exposure to HELOC, Non-QM, DSCR, RTL mortgage products
• Experience with whole loan or securitization diligence workflows

Salary

• Base Compensation Range: $96,000 - $144,000/yr
• 25% annual bonus target, paid quarterly
• Company equity in the form of RSUs

This is the compensation range for the role in the United States. Actual compensation may vary based on a candidate's experience, skills, location, internal equity, and evolving business needs. While most offers are generally made within the middle of the range, final compensation is determined based on the factors above.

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

Depending on your residential location certain laws might regulate the way Figure manages applicant data. California Residents, please review our California Employee and General Workforce Privacy Notice for further information. By submitting your application, you are agreeing and acknowledging that you have read and understand the above notice.

Figure will not sponsor work visas for this position. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.