Portfolio & Investment Operations Manager

Figure Lending • Dallas, NV

14h • Remote

About The Position

Figure Technology Solutions is hiring a Portfolio & Investment Operations Manager for its Capital Markets team. This newly created role owns asset management for residential transition loans (RTL)/bridge loans and HELOCs across securitizations, forward flow agreements, and joint ventures. The manager is the primary point of accountability for portfolio performance, compliance, and economics, translating portfolio objectives and servicing, warehouse, and sale documents into repeatable operational practices. The role supports a structured finance platform with institutional counterparties.

The position involves monitoring asset performance, preparing stakeholder reporting, maintaining portfolio risk and covenant oversight, managing day-to-day portfolio operations, applying governing agreements, and coordinating across internal teams and external counterparties. It also oversees joint venture investment vehicle mechanics and works with Finance, Accounting, and Treasury on portfolio cash, economics, and warehouse facilities.

The role requires at least four years of relevant experience and strong document interpretation, analytical, reporting, and technical skills. Preferred experience includes investment vehicle administration, NAV attribution and valuation, and credit analysis. The position’s U.S. base compensation range is $120,438–$180,656 per year, with a 25% annual bonus target paid quarterly and company equity in the form of RSUs. Figure will not sponsor work visas for this position.

Requirements

• At least 4 years of experience in portfolio or asset management, structured finance, or capital markets operations, with direct exposure to residential transition loans, HELOCs, RMBS, or warehouse-financed loan portfolios.
• Comfort interpreting and applying governing agreements, servicing agreements, and financing documents.
• Ability to read and apply legal and transaction documents directly rather than relying on summaries.
• Strong Excel, SQL, Python, Tableau, and financial modeling skills, with comfort building and maintaining portfolio tracking and reporting tools.
• Excellent written communication skills for reporting across counterparties.
• High attention to detail and comfort verifying claims against source documents rather than assumptions.
• Ability to thrive in a fast-paced startup environment.
• Adherence to company security policies and data handling procedures; completion of mandatory security awareness training; prompt reporting of suspected security incidents or suspicious activity.

Nice To Haves

• Experience with fund or investment vehicle administration, including capital calls, distributions, and investor reporting cycles.
• Comfort with NAV attribution and valuation processes for asset-backed credit portfolios.
• Strong investment and credit analysis skills, including the ability to assess asset performance trends and flag emerging risks.

Responsibilities

• Track mortgage asset performance, including origination trends, payoffs, delinquencies, extensions, draws, and loss metrics across warehouse and owned positions.
• Produce recurring portfolio reports for internal and institutional stakeholders and support board and investor reporting cycles.
• Maintain oversight of portfolio concentration limits, eligibility criteria, and covenant compliance.
• Build and maintain portfolio dashboards and trackers covering performance, cash flows, and key risk metrics.
• Manage day-to-day portfolio operations, including delinquency tracking and cash and collateral reconciliation.
• Apply governing agreements to operational decisions, including expense sharing, decision rights, and waterfall mechanics.
• Support forward flow and loan sale relationships and ensure compliance with applicable purchase and forward flow agreements.
• Coordinate with Legal and Compliance on counterparty notifications, consents, and amendments.
• Oversee joint venture investment vehicle mechanics, including capital calls, distributions, and investor reporting cycles.
• Partner with deal and transaction management, structuring, and compliance teams on new originations, securitizations, and portfolio sales.
• Work with Finance and Accounting on cash reconciliation, fee distributions, and portfolio economics.
• Collaborate with Treasury on warehouse facility utilization and borrowing-base reporting.
• Adhere to company security policies and data handling procedures, complete required security awareness training, and promptly report suspected security incidents or suspicious activity.

Benefits

• Comprehensive medical, dental, and vision coverage, with 100% employer-paid premiums for employees and their dependents on select plans.
• Company HSA, FSA, and Dependent Care FSA.
• 401(k).
• 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.
• 25% annual bonus target, paid quarterly.
• Company equity in the form of RSUs.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed