Underwriting Specialist at Figure in Charlotte, NC

About Figure

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 this Role

Figure is looking for an Underwriter Specialist to join our dynamic team. This role will be key in developing and maintaining underwriting processes and ensuring our loan products adhere to all regulatory and internal standards. The ideal candidate will bring expertise in underwriting various loan products and contribute to enhancing operational efficiency and product innovation.

What You’ll Do

• Review and underwrite loan applications, ensuring compliance with company policies, investor guidelines, and applicable regulations.
• Apply underwriting guidelines for diverse loan products, including those for Self-Employed borrowers, Trusts, LLCs (Limited Liability Companies), POA Power of Attorney), and DSCR (Debt Service Coverage Ratio).
• Analyze complex financial data, such as tax returns, income statements, and business documentation, to make informed lending decisions.
• Collaborate with the Senior Operations Manager and underwriting team to develop and refine underwriting guidelines for new products.
• Monitor key performance metrics for underwriting accuracy, efficiency, and compliance.
• Provide feedback on loan applications and collaborate with cross-functional teams (e.g., Product, Legal, Credit) to resolve issues and ensure seamless loan processing.
• Ensure accuracy and completeness of loan documentation, including reviewing credit, collateral, and income verification.
• Help create and maintain training materials, underwriting procedures, and compliance documentation.
• Stay current with industry regulations, investor requirements, and best practices related to underwriting.
• Support efforts to improve underwriting efficiency, quality, and compliance across new loan products.
• Assist in responding to loan repurchase requests, underwriting deficiencies, and any other challenges that arise.

What We Look For

• 3+ years of underwriting experience, with a focus on conventional, portfolio, and special program loans.
• Expertise in underwriting guidelines, including Self-Employed borrowers, Trusts, LLCs, Powers of Attorney (POA), and Debt Service Coverage Ratios (DSCR).
• Familiarity with underwriting tools and systems (e.g., DU, LP), as well as proficiency in Google Workspace and/or Microsoft Office Suite.
• Knowledge of federal and state regulations, including those set by the CFPB, FHA, VA, and other relevant bodies.
• Ability to analyze and interpret financial data and make independent underwriting decisions.
• Strong attention to detail and the ability to manage multiple tasks in a fast-paced environment.
• Excellent organizational, communication, and time management skills.
• Ability to work collaboratively across teams to resolve issues and ensure the timely processing of loans.
• Bachelor’s degree in Business, Finance, or a related field preferred.
• Ability to thrive in a dynamic, startup-like environment.

Salary

• Base Compensation Range: $77,400-$94,600/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.

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