Figment is hiring a

Principal Ruby Engineer, API

Figment is the world’s leading provider of blockchain infrastructure. We provide the most comprehensive staking solution for our over 500+ institutional clients including exchanges, wallets, foundations, custodians, and large token holders to earn rewards on their crypto assets. These clients rely on Figment’s institutional staking service including rewards optimization, rapid API development, rewards reporting, partner integrations, governance, and slashing protection. Figment is backed by industry experts, financial institutions and our global team across twenty three countries. This all leads to our mission to support the adoption, growth and long term success of the Web3 ecosystem.

We are a growth stage technology company – looking for people who are builders and doers. People who are comfortable plotting their course through ambiguity and uncertainty to drive impact and who are excited to work in new ways and empower a generative company culture.

About this Role

We are seeking a Principal Software Engineer to come scale our APIs team. This team’s mission is to implement required business logics and APIs that allow users to stake and unstake their tokens on a variety of networks. Figment offers a comprehensive variety of staking/unstaking products on the Ethereum network; and a major portion of our team’s responsibility lies in developing, understanding, and integrating with Smart Contracts on Ethereum.

If you're a seasoned Principal Engineer with deep Ruby on Rails expertise and experiences, and who thrives on driving and solving complex challenges, we'd love to chat! In this role, you'll drive a variety of projects - leading or collaborating with other engineers on the team, driving or contributing to architectural decisions, and communicating your ideas with Product and Engineering leaders.

This is a full-time remote opportunity in Canada. Our team is dynamic and collaborative, with lots of opportunities to learn and drive impactful business outcomes. If you're someone who's comfortable working in an unstructured environment, enjoys navigating ambiguity with minimal direction, has a demonstrated ability in taking on a wide range of projects with a strong sense of ownership, and love to explore/build new technologies - this may be the perfect match.

What you will be doing

  • Lead initiatives end-to-end through technical design, technical roadmap, implementation, and testing.
  • Be the dedicated technical owner of products & processes.
  • Contribute code as a leader and SME; influence best practices, and set standards for the rest of the team.
  • Work closely with Product Managers to distill requirements, communicate design solutions, and set outcomes/expectations.
  • Work side-by-side with our Security team to deliver the most secure and resilient solutions.
  • Collaborate with cross-functional team members on all aspects of product development and delivery.
  • Lead and refine the team’s software development processes.
  • Demonstrate technical expertise in multiple domains and act as a mentor to others.

Minimum Qualifications

  • 7+ years of engineering experience, and 2+ years of experience as a Principal Engineer (or comparable) on a team of 3+ engineers; driving technical directions of large, impactful initiatives at scale.
  • Proven Ruby on Rails expertise, with a track record of successful Rails projects.
  • In-depth understanding of system design and multi-services architecture.
  • Experience owning and building features and systems end-to-end: from conception deployment.
  • Experience executing data-intensive projects, and with data storage solutions (SQL/Redis/Data warehousing).
  • Familiarity with Ethereum and other blockchain technologies (such as Solana and Cosmos).
  • Working knowledge of product development and deployment principles and best-practices.
  • Strong communication and problem-solving skills; and the ability to collaborate across Engineering and all partner functions.
  • Result-oriented mentality; with a strong preference for simplicity and maintainability.
  • A drive and passion for growth and learning, with proven ability to adapt and produce quickly.

Preferred Qualifications:

  • Experience developing smart contracts and de-fi protocols.
  • Hands-on experience with cloud platforms such as AWS, Google Cloud, or Azure.
  • Experience with containerization technologies (such as Docker) and orchestration tools (such as Kubernetes).
  • Familiarity with data warehousing solutions such as Snowflake, Redshift, or BigQuery.
  • Familiarity with data transformation tools such as DBT.

One of Figment’s core principles is “Making the Invisible Visible” - ensuring transparency and information sharing in all communication. Figment is committed to transparency regarding pay, benefits, and other compensation types for all internal roles as well as all roles being hired for.

Base Salary: The CAD base salary range for this position is CAD $200,000 - $220,000. The US base salary range for this position is USD $200,000 - $220,000. This range reflects base salary only, and does not include additional compensation or benefits. For candidates in other countries, the pay range will be disclosed upon your first interview with Figment (being a globally remote company, the list of salary ranges would simply be too long to note here!). The range displayed reflects the minimum and maximum range for a new hire across all Canada or the US. A candidate’s specific pay within the range will be determined by various factors including job-related skills, relevant education, and training.

Benefits: All employees of Figment receive the following competitive benefits. For candidates beyond Canada and the US, benefits will be outlined during your first interview with Figment.

  • 100% remote-first environment, with co-working spaces in our employee “hubs” across the globe for those who enjoy a hybrid model
  • 4 weeks of PTO that kick in day one, with an additional 1 week of flex days
  • Extended company-paid health benefits that kick in day one
  • Best in class parental leave and flexible arrangements 
  • A home office stipend to create a space that you enjoy working in
  • Monthly Wifi reimbursement
  • A yearly Learning & Development budget
  • 401K (US) or RRSP match (Canada)
  • Stock Options in the company
  • Competitive bonus (based on company performance) that is distributed bi-annually - we believe that the company’s success should be shared with our employees often
    • For roles listed within the Sales Department, there is instead a competitive commissions structure which will be outlined during your first interview with Figment
  • Annual onsite company gatherings and retreats to inspire team bonding, collaboration, and fun!
  • A culture of honesty, professionalism and risk taking in a high-growth environment

See here for Figment's Privacy Policy and California Employee Privacy Policy.

At Figment, we have a thorough hiring process to verify the identity of all job candidates. This includes checking documents, conducting in-person interviews, biometric authentication and completing background checks. Candidates must pass all these steps to be considered for a job with Figment. Anyone who provides false information or tries to skip these steps will be disqualified from the hiring process immediately.


Figment is a remote-first company operating with a global footprint across 12 countries. Are you interested in helping us build the future of digital assets?

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