This is a completed and painted, fixed-pose figure.
From the Good Smile Company website:
From the anime series "GOD EATER" comes a 1/8th scale figure of the Fenrir Russian Branch God Eater, Alisa Illinichina Amiella! She has been sculpted based on her pose from the anime series' main key visual, carefully keeping her high-minded, composed appearance intact in figure form. The sculpting on her huge "God Arc" has also been carefully detailed to give the figure a striking appearance that can't be missed!