Full-Time

Crypto & Finance Analyst

Posted on 12/20/2024

Figment

Figment

51-200 employees

Provides staking solutions for cryptocurrency

Fintech
Crypto & Web3

Compensation Overview

$75k - $90kAnnually

Mid, Senior

Toronto, ON, Canada

100% remote-first environment with a flagship office in Toronto, Canada.

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
SQL
Tableau
Data Analysis
Requirements
  • 2-5 years of experience in finance, data analysis, or a related field, with demonstrated expertise in financial reporting, process improvement, and stakeholder collaboration.
  • Proficient in tools like Excel (advanced), SQL, and data visualization platforms (e.g., Tableau, Sigma).
  • Exceptional attention to detail, with a track record of delivering accurate and reliable results in fast-paced, high-stakes environments.
  • Proven success collaborating with cross-functional teams.
  • Comfortable navigating complex financial processes, with a strong analytical mindset and the ability to interpret both quantitative and qualitative data.
  • Strong communicator with the ability to explain technical concepts to non-technical stakeholders.
  • Know what it takes to thrive in a remote work environment.
  • Based in North America.
  • Have or working towards a CPA or CFA designation.
Responsibilities
  • Support internal staking reporting processes, ensuring accuracy and consistency across key areas such as staking revenue, assets under stake, and staking accounts payable and receivable.
  • Support customer-facing initiatives by ensuring statements, reconciliation requests, and reporting are accurate, timely, and aligned with client expectations.
  • Collaborate with cross-functional teams, including Finance, Data Science, Customer Success and Product, to streamline workflows, automate reporting, and improve operational efficiency.
  • Own the quantification of any slashing, downtime, and missed rewards events that affect Figment customers.
  • Quantify and analyze staking risk exposure, contributing to Figment’s leadership in risk management and financial transparency.
  • Review outputs of new reporting deliverables and offerings, as well as new internal dashboards prior to their release.

Figment provides staking solutions in the blockchain and cryptocurrency industry, allowing cryptocurrency holders to earn rewards by validating transactions on blockchain networks. Their services include staking applications, validators, and slashing coverage, which protect clients from penalties for improper validation. Figment supports over 500 institutional clients, such as asset managers and exchanges, by offering a strong infrastructure and APIs to help maximize staking rewards. Operating in 23 countries, Figment is a remote-first company focused on the Web3 ecosystem, aiming to promote the growth and success of blockchain technology. Their business model involves charging fees based on the staking rewards earned by clients, while also offering tailored solutions for various sectors like asset management and custodians.

Company Stage

Series C

Total Funding

$160.5M

Headquarters

Toronto, Canada

Founded

2018

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

8%

2 year growth

-26%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in liquid staking boosts demand for Figment's offerings.
  • Institutional interest in crypto assets enhances Figment's market share potential.
  • Partnerships with hardware wallets like Ledger simplify staking for clients.

What critics are saying

  • Rising competition in staking infrastructure may erode Figment's market share.
  • Regulatory scrutiny on staking services could increase compliance costs for Figment.
  • Cryptocurrency market volatility poses risks to Figment's revenue and client demand.

What makes Figment unique

  • Figment offers comprehensive staking solutions for over 500 institutional clients globally.
  • The company provides enterprise-grade node and staking infrastructure, enhancing blockchain accessibility.
  • Figment's partnerships with Ledger and Apex Group expand its staking service reach.

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