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Institutional Business Development Manager

Figment
New York, NY Full Time
POSTED ON 1/15/2025
AVAILABLE BEFORE 4/12/2025

You could work anywhere. Why Figment?

Figment powers the future of Web3 through industry-leading blockchain infrastructure. As the leading provider of staking solutions, we help 500 institutional clients optimize their crypto rewards , including top exchanges, asset managers, wallets, foundations, custodians, and major token holders. Our clients trust Figment for a comprehensive suite of services, including reward optimization cutting-edge API development , detailed rewards reporting , seamless partner integrations governance support , and slashing protection

Backed by a team of passionate and intelligent Figmates, with a 100% remote-first global presence across 12 countries , our company is on a mission to accelerate the adoption, growth, and long-term success of the Web3 ecosystem. We're building the infrastructure that will power the decentralized future.

As a fast-growing tech company, we're looking for builders and innovators people who thrive in the face of uncertainty and are motivated to make an impact. We are also looking for true teammates - people who are genuine, humble, and driven to level up together. If you're excited to shape the future, contribute to an energetic company culture , and work at the cutting edge of blockchain technology, we want you to join our team and help us lead the charge!

About the opportunity

We are seeking an experienced Institutional Business Development Manager to drive growth across our institutional client segments in the Americas region. This role will focus on developing and executing sales strategies for banks, brokerages, asset managers, ETF providers, endowments, pensions, and investment advisors interested in digital asset staking solutions.

How you will make an impact

The Institutional Business Development Manager will take a consultative approach to :

  • Drive business growth through Figment's staking services across all supported networks
  • Develop and execute comprehensive sales strategies targeting institutional investors across the US and Canada.
  • Build and maintain relationships with key decision-makers at banks, asset managers, ETF providers, and other institutional clients
  • Research and analyze market opportunities in the US and Canadian institutional crypto markets
  • Collaborate with marketing to define segment-specific plan
  • Qualify leads and build a robust sales pipeline to meet aggressive growth targets
  • Provide comprehensive post-sale support to grow relationship
  • Represent Figment as a public voice of our brand at industry events, conferences, and other public appearances
  • Manage inbound requests and resolve client concerns efficiently
  • Drive customer satisfaction and retention through proactive account management
  • Collaborate with product and support teams to advocate for client needs

Who you are

Required Experience

  • 7 years of institutional sales experience
  • Demonstrated knowledge of crypto / blockchain technology, staking protocols, and the digital asset ecosystem
  • Proven track record of meeting or exceeding sales targets
  • Experience building and maintaining a qualified sales pipeline
  • Strong background in both inbound and outbound lead generation
  • Proficiency with CRM systems and sales tools
  • Key Attributes

  • Self-motivated with entrepreneurial mindset
  • Solutions-oriented approach to problem-solving
  • High emotional intelligence and strong relationship-building skills
  • Excellent communication and presentation abilities
  • Proven ability to work effectively in a fast-paced, evolving environment
  • Strong customer advocacy skills
  • Technologies we use

    Salesforce

    Teams you'll collaborate with most often

    In addition to collaborating with other Sales team members, this role will collaborate most often with our Marketing, Product and CS teams.

    Why you might be excited about us

    At Figment, we offer an exciting range of competitive benefits designed to support and empower every member of our team :

  • 100% remote-first environment. Our flagship office is in Toronto, Canada. We also have additional co-working spaces in New York, Montreal, London, and Singapore. That means if you want to do your things in the office (if you're near one), at home, or a bit of both, it's up to you.
  • 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.
  • A 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!
  • Other reasons you may love working at Figment

  • We are a team of under 200 members , which allows for an impactful contribution from day one.
  • We place a strong focus on personal career development to shape a role that fits your goals and interests. Your satisfaction and well-being matter to us, and we're here to support your ongoing growth.
  • Our culture is one of honesty, professionalism and risk taking in a high-growth environment.
  • Our team members themselves recommend working at Figment - with an eNPS score of 54 (which is ranked as 'great'!).
  • We are also extremely proud of ranking as one of the top Web3 employers by Talent Titans.
  • Compensation

    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  $160,000 - $180,000.  The US base salary range for this position is USD  $160,000 - $180,000 . 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.

    Interview process

    At Figment, we try to go above and beyond in making sure that you have the best possible experience interviewing with us. We strive for a smooth, organized, and informative process.

  • During your first Recruiter Call, you will be provided with more information about Figment, the position and what to expect for the rest of the interview process. Please be prepared to discuss why you are interested in joining Figment and what excites you about the position and company.
  • As we go through the process, we work to make sure that you hear back from us in a timely fashion. If we decide at any point that we're unfortunately not moving forward, we will give you feedback on why it was not a fit.
  • We aim for the entire process to take around 2-3 weeks from initial screen to offer. There can be exceptions on either side of the bell curve here, but as a rule, that's the time-frame you can expect.
  • 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.

    To learn more about Figment, our team, and the amazing work we are doing, visit

    our website

  • Are you ready to join us?
  • Salary : $160,000 - $180,000

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