Full-Time

Principal Software Engineer

Posted on 6/27/2024

Ripple

Ripple

1,001-5,000 employees

Blockchain-based financial transaction solutions provider

No salary listed

Expert

Toronto, ON, Canada

In-office collaboration for moments that matter is important to our culture, and we give managers and teams the flexibility to decide which 10+ days a month they come in.

Category
Backend Engineering
FinTech Engineering
Software Engineering
Required Skills
Java
Blockchain
AWS
Google Cloud Platform
Requirements
  • At least 12+ years’ experience in designing and developing complex distributed systems with at least 5+ years of experience contributing to large scale projects as an architect or as a key individual contributor.
  • 5+ years of experience in Java is required.
  • Experience crafting or contributing to multi-year engineering roadmap based on product strategies.
  • Experience in mentoring and growing engineers at all levels.
  • Experience working with private and public clouds (AWS, GCP) and capacity management principles.
  • Excellent verbal and written communication skills and experience presenting to broad audiences and to senior leadership.
Responsibilities
  • You will be responsible for defining the future state system architecture and engineering best practices.
  • You will be a key technical leader contributing to the definition and evolution of our Payments at 10X roadmap and will play a critical role in executing to that goal.
  • As a technical leader for payments engineering, you will represent us in Ripple enterprise level engineering decisions and ensure we are aligned with the overall direction.
  • You will work closely with product managers and other customer facing functions to ensure the product engineering approach creates a frictionless and differentiating customer experience.
  • You will define and orchestrate engineering forums that will elevate engineering standards, inspire engineers and enable continuous improvements.
  • You are hands on and know what it takes to build highly available, scalable, distributed systems and you cherish every opportunity to share your experience and knowledge with the engineering community.
  • You have an operator mindset. You understand the value of delivering incremental value to the business and engineering fundamentals.
  • Your strength lies in the ability to bring clarity to ambiguous situations and the ability to influence people at all levels and across organizations come natural to you.
  • You keep an eye on the industry evolution in the blockchain and crypto world from the payments standpoint and ensure our offerings continue to stay ahead.
  • You love mentoring and providing guidance and assistance in the career development of others.
Desired Qualifications
  • Working experience with Python, NoSQL, RDBMS is preferred.
  • Prior experience in migrating systems from a monolith architecture to microservices based systems is preferred.
  • Have prior experience leading software evaluation and decision making processes.

Ripple provides financial services using blockchain and cryptocurrency technology to enhance the speed, transparency, and cost-effectiveness of transactions. Its platform allows clients, including financial institutions and governments, to manage crypto assets, facilitate instant payments, and improve treasury operations. Ripple's solutions include real-time settlement and liquidity management, which streamline financial transactions. A key feature of Ripple is its capability to create secure Central Bank Digital Currencies (CBDCs), exemplified by its partnership with Palau to develop a national digital currency. Unlike traditional financial services, Ripple's offerings are designed to lower capital requirements and drive new revenue for its clients. The company generates revenue by charging clients for access to its platform and services, which have been shown to improve transaction efficiency and reduce costs.

Company Size

1,001-5,000

Company Stage

Series C

Total Funding

$292.2M

Headquarters

San Francisco, California

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • Ripple's UAE expansion leverages blockchain for efficient cross-border payments with Zand Bank, Mamo.
  • Ripple's stablecoin integration, like EURØP, enhances euro-denominated transactions on XRP Ledger.
  • Potential Apple partnership could boost Ripple's visibility in mainstream consumer markets.

What critics are saying

  • Regulatory scrutiny in UAE could pose compliance challenges for Ripple's expanding partnerships.
  • Speculation about Apple partnership may cause market volatility if it doesn't materialize.
  • Ripple's potential acquisition of Circle could lead to financial and operational risks.

What makes Ripple unique

  • Ripple offers real-time global payments using blockchain, reducing need for central correspondents.
  • Ripple's FX Market Making minimizes FX exposure, lowering volatility and counter-party risk.
  • Ripple's CBDC solutions meet high security standards, partnering with governments like Palau.

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Benefits

401(k) Plan

Healthcare Coverage

Health and Wellness

Family Support

Flexible Vacation

Employee Giving

Learning and Development

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

1%
PYMNTS
May 22nd, 2025
Schuman Financial Integrates Euro-Backed Stablecoin With Ripple’S Xrpl

Stablecoin-based finance company Schuman Financial has integrated its EURØP coin onto Ripple’s XRP Ledger. “This marks a major step toward bringing compliant euro-denominated stablecoins into active use on one of the world’s most widely used blockchains,” Ripple said in a Thursday (May 22) news release, noting that EURØP complies with the European Union’s Markets in Crypto-Assets (MiCA) regulation. Martin Bruncko, founder and CEO of Schuman Financial, said the addition of EURØP to the XRPL combines the resilience of a global blockchain “with euro-native liquidity and compliance at its core.”

Fintech News Singapore
May 20th, 2025
StraitsX Teams Up With Ripple to Launch XSGD Stablecoin on XRP Ledger

Ripple, a contributor to the XRP Ledger, is working with StraitsX to advance enterprise-grade infrastructure for cross-border value transfer.

PYMNTS
May 19th, 2025
Report: Circle Considers Potential Sale While Pursuing Ipo

Stablecoin issuer Circle is reportedly in informal talks about a potential sale to Coinbase Global or Ripple, while still pursuing the initial public offering (IPO) it filed in April. The company is seeking a valuation of at least $5 billion in the negotiations and in the IPO, Seeking Alpha reported Monday (May 19), citing a paywalled article by Fortune. Circle did not immediately reply to PYMNTS’ request for comment

CoinsHolder
May 19th, 2025
Ripple Expands UAE Presence with New Partnerships in Cross-Border Payments

Ripple has announced new partnerships with Zand Bank and Mamo in the UAE, leveraging its blockchain technology to enhance cross-border payment solutions.

FF News
May 18th, 2025
Ripple Builds On Dubai Regulatory License To Announce Zand Bank And Mamo As First Blockchain-Enabled Payments Clients In The Uae

Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced two new customers in the UAE utilizing Ripple Payments. Ripple Payments employs blockchain, digital assets, and a global network of payout partners to deliver fast, transparent, reliable cross-border payments and on/off ramps for banks, crypto companies, and fintechs worldwide.Since becoming the first blockchain-enabled payments provider to be licensed by the Dubai Financial Services Authority (DFSA), Ripple has established partnerships with Zand Bank and Mamo who will utilize Ripple’s blockchain-enabled cross-border payments solution. This functionality, paired with the new DFSA license, enables Ripple to manage payments end-to-end on behalf of its customers, moving funds across the globe 24/7/365, and settling payments in a matter of minutes – reducing time and friction, and making the movement of value in and out of the UAE dramatically more efficient.“Securing our DFSA license enables Ripple to better serve the demand for solutions to the inefficiencies of traditional cross-border payments, such as high fees, long settlement times, and lack of transparency, in one of the world’s largest cross-border payments hubs. Our new partnerships with Zand Bank and Mamo are testament to the momentum that the license has created for our business,” said Reece Merrick, Managing Director, Middle East and Africa, at Ripple.“As the global cross-border payments market grows, the leadership demonstrated by authorities in the UAE to create a supportive environment for crypto innovation has positioned the nation and its native companies to benefit from the transformative power of blockchain technology to drive efficiency and innovation in payments.”Ripple is seeing increasing demand for its payments solution across the Middle East from both crypto-native firms and traditional financial institutions. According to Ripple’s 2025 New Value Report, 64% of Middle East and Africa (MEA) finance leaders see faster payments and settlement times as the biggest impetus for incorporating blockchain-based currencies into their cross-border payments flows.“As a pioneering financial institution with a full-fledged banking license, Zand Bank is paving the way for a stronger digital economy by offering innovative financial products as well as AI and blockchain solutions alongside our institutional-grade digital asset custodial services,” commented Chirag Sampat, Head of Treasury and Markets at Zand Bank. “Our collaboration with Ripple highlights our commitment to empowering global payment solutions through blockchain technology

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