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Principal Ruby Engineer, API

Figment

Figment

Software Engineering
Canada · Remote
Posted on Friday, April 12, 2024

Figment is the world’s leading provider of blockchain infrastructure. We provide the most comprehensive staking solution for our over 200+ 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 help grow our APIs team. The team’s mission is to implement required business logic and APIs that allow users to stake and unstake their tokens on a variety of networks. Figment offers various staking/unstaking products on the Ethereum network and a portion of our team’s responsibility lies in developing, understanding, and integrating with smart contracts on Ethereum.

We are looking for a seasoned principal engineer with a strong Ruby on Rails background and Solidity development experience. In this role, you will be responsible for different projects, leading or collaborating with other engineers on the team, participating in architectural decisions, and communicating your ideas with Product and Engineering managers.

This is a full-time remote position, for candidates in North American time zones (+1/-1). If you enjoy working on a dynamic and collaborative team with lots of opportunities to learn and drive impactful business outcomes, then this role may be a good fit for you. Ideal candidates are comfortable working in an unstructured environment, dealing with uncertainty, minimal direction, and working across a range of projects while demonstrating a strong sense of ownership.

What you will be doing

  • Full technical accountability for products & processes.
  • Leading initiatives end-to-end through technical design, technical roadmap, implementation, and testing.
  • Contributing code as a Principal-level IC, demonstrating best practices, and setting standards for the rest of the team.
  • Working closely with Product managers to clarify requirements, communicate design solutions, and set expectations.
  • Work closely with our Security team to deliver the most secure software solutions we can.
  • Collaborate with cross-functional team members on all aspects of product development.
  • Lead and refine the team’s software development processes.
  • Demonstrate technical expertise in multiple domains and act as a mentor to others on the team.

What you will bring to the team

  • Experience as a principal engineer on a team of more than 3 developers
  • Strong Rails background and track record of successful Rails projects
  • In-depth understanding of systems design and multi-service architecture
  • At least one year of experience with smart contract development and defi protocols
  • Strong communication and problem-solving skills
  • Ability to own complete features and systems end-to-end - conception, breakdown, implementation, deployment
  • Familiar with data storage solutions (SQL/Redis/Data warehousing)
  • Passion to learn new technologies quickly and enjoy learning new things
  • Strong bias towards simplicity and maintainability
  • Results-oriented individual with a high EQ

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.


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?