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Full-Time

Engineering Manager

Bitgo Prime

Posted on 8/17/2024

BitGo

BitGo

201-500 employees

Secure custody and transaction services

Fintech
Crypto & Web3
Financial Services

Compensation Overview

$185k - $235kAnnually

+ Equity + Annual Performance Bonus

Senior, Expert

New York, NY, USA

Category
Engineering Management
Software Development Management
Required Skills
Communications
Blockchain
Requirements
  • Work experience as a manager or similar senior-level position at an engineering department
  • Significant professional experience with any of the following: digital wallets, clearing and settlement, lending, trading, accounting systems, etc.
  • 8+ years of professional experience as a software engineer, 2+ years in a managerial role leading engineers
  • Strong desire to automate where possible and build tooling for a more efficient workflow
  • Strong debugging skills and ability to grasp the interconnected nature of complex systems
  • Proven experience sourcing and hiring top engineering talent
  • Experience working in a cross-team environment, collaborating with and enabling other functions to drive broader departmental goals
  • A self-starter capable of adapting quickly and being decisive
  • Engineering degree in Computer Science or equivalent
  • Effective written and verbal communication skills
  • Understanding of and strong interest in cryptocurrencies and blockchain
Responsibilities
  • Build, lead, and develop a team of talented and high-impact engineers, providing cultural, technical, and hands-on leadership
  • Grow the team and actively help shape the culture of open communication, craftsmanship, and ownership
  • Take direct responsibility for quality and delivery of the team’s work
  • Own all technology and services that power BitGo Prime, including trading, lending, settlement and more
  • Act as a strong, positive bridge between engineering teams and product operations, support, compliance, and business stakeholders
  • Own, drive, and be accountable to KPIs pertaining to efficiency of internal operations, aspects of client experience, and service uptime
  • Facilitate thorough documentation and knowledge sharing
  • Collaborate with management and product teams to plan, estimate, and prioritize roadmap objectives
  • Align the team to broader company objectives and client expectations

BitGo provides secure and efficient solutions for institutional clients in the digital currency market, focusing on cryptocurrencies like Bitcoin. The company offers custodial services to securely store digital assets, multi-signature wallets that require multiple approvals for transactions, and APIs that allow clients to integrate these services into their platforms. Additionally, BitGo provides staking services, enabling clients to earn rewards by validating transactions on blockchain networks. Unlike many competitors, BitGo emphasizes compliance with regulatory requirements, such as the FATF Travel Rule, ensuring that clients can navigate the complexities of the digital currency market safely. The goal of BitGo is to support institutional investors by offering reliable and compliant services that enhance security and efficiency in managing digital assets.

Company Stage

Series C

Total Funding

$187.9M

Headquarters

Palo Alto, California

Founded

2013

Growth & Insights
Headcount

6 month growth

20%

1 year growth

36%

2 year growth

13%
Simplify Jobs

Simplify's Take

What believers are saying

  • BitGo's recent $100M Series C funding and $1.75B valuation highlight strong financial backing and growth potential.
  • The launch of BitGo Ventures and the Ecosystem Fund demonstrates a commitment to fostering innovation and supporting emerging blockchain projects.
  • Expansion into Europe with regulated custody services and new product offerings like staking and real-time settlement positions BitGo for significant market growth.

What critics are saying

  • The rapidly evolving regulatory landscape for digital assets could pose compliance challenges and impact BitGo's operations.
  • Intense competition from other digital asset custodians and financial institutions may pressure BitGo to continuously innovate and maintain its market position.

What makes BitGo unique

  • BitGo's focus on institutional clients and robust security solutions, such as multi-signature wallets and custodial services, sets it apart from competitors who may target a broader audience.
  • The company's strategic acquisitions, like Lumina and Hedge, have enhanced its platform, providing a more comprehensive suite of services than many competitors.
  • BitGo's compliance with regulatory requirements, such as the FATF Travel Rule, ensures that it meets the stringent needs of institutional investors, unlike some less regulated competitors.

Benefits

Company-paid medical, dental, and vision plans

Catered lunches, fresh snacks, and gourmet coffee

Commuting made easy with company-paid Caltrain passes

Competitive compensation, stock options, and 401k plan

Computer equipment and workplace furniture

Flexible vacation time

INACTIVE