Software Engineer, Modern Treasury
Payments
$120-220k
+ Equity
More information about location
Payment operations solutions
Job no longer available
Payment operations solutions
101-200 employees
Job no longer available
$120-220k
+ Equity
More information about location
101-200 employees
Company mission
To transform how teams mov and track money - to support impactful businesses rooted in trust and transparency.
Role
Who you are
- 2+ years of professional software engineering experience
- Experience collaborating with product teams to design features and customer-centric workflows that meet customer needs
- Experience working with SQL/Relational databases. Experience with batched payments is a plus
- Experience mentoring and growing engineering, as well as contributing to technical direction
- Creative problem-solving skills and a willingness to learn the nuances of both domestic and international payment systems
- Bonus - Experience with U.S. domestic and/or global payment rails (ACH, Wires, Swift, RTP) and payments standards (ISO20022, NACHA, BAI)
What the job involves
- We're looking for Software Engineers to join our Payments Engineering team to grow the scale of payment transmission and bank coverage
- You will ship payment delivery infrastructure for modernized real-time payments such as RTP and FedNow
- You will develop cutting-edge payment integration solutions at 50+ banks
- You will expand our network of rails and currencies around the world as we grow beyond the 40+ currencies and 100+ countries we support today
- You’ll be at the forefront of ensuring our payments platform is highly scalable, adaptable, and reliable
- Customers use Modern Treasury’s payment infrastructure for mission critical applications such as payroll, property management, real estate, insurance, wallets and more
- The core platform at Modern Treasury sits between our customers and their banks
- In the same way that Twilio abstracted away the complexity of working with communication networks, we have built an easy-to-use, common interface into the banking system
- The companies that can use Modern Treasury move over $750 trillion a year via bank payments, as compared to only $2 trillion per year on card payments
- In this role, you’ll directly impact the evolution of our payments product
- Your work will shape the future of instant payments, allowing businesses to move money faster and across borders
- Experience working with high scale, high reliability services or payment adjacent problems is a plus, but not a requirement
- Modern Treasury is the leading payment operations platform built for the Instant Economy
- It helps customers build their best business with faster payments, smarter workflows, and real-time visibility—all powered by AI
- The payment operations platform and best-in-class developer tools help companies move, track, and reconcile money in real-time. Founded in 2018, San Francisco-based Modern Treasury serves leading companies across broad sectors of the economy
- During your first week, you will:
- Get to know our leadership, culture, and values
- Onboard with the engineering team
- Ship your first commit on day 1
- Take on 1-2 small tickets to address bugs or make minor improvements
- Read our favorite industry primers
- During your first six weeks you will:
- Ship your first major project
- Shadow a few customer and partner meetings every week
- During your first six months, you will:
- Lead a project that improves performance and payment workflows across multiple payment rails
- Collaborate with our product team to scope and ship products for our enterprise users
- Participate in shaping our roadmap, particularly around scaling and refining payment rail workflows
- Help grow our team by mentoring new engineers, writing internal tooling and documentation, and interviewing new hires
- Technologies we use:
- Ruby on Rails for our backend framework
- Postgres for our database
- Redis for caching
- AWS for infrastructure and hosting
- Docker for containerization
- GitHub for source code management
- Buildkite for continuous integration
Our take
Modern Treasury is a fintech company looking to modernize legacy B2B banking by accelerating the pace of payments. Its payments operation software offers real-time transaction tracking and an API or dashboard to help companies manage payments from a single place. With approximately $120 trillion in B2B business payments processed annually globally, Modern Treasury is tapping into a huge market opportunity.
Key to the success of its offering has been to renovate legacy payment methods, such as checks. Its software significantly reduces the processing time required to carry out transactions - and is applicable across a broad swathe of high-value sectors like real estate, healthcare, and financial services.
With rapid market expansion and accelerating digital transformation, Modern Treasury has experienced impressive growth since its 2018 founding, quickly achieving Unicorn status. Partnerships with Metropolitan Commercial Banks and products like Global ACH highlight suits value and adept navigation of a growing customer base.
Steph
Company Specialist at Welcome to the Jungle
Insights
-6% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Mar 2022
$50m
SERIES C
Oct 2021
$85m
SERIES C
Total funding: $183.2m
Company HQ
Union Square, San Francisco, CA
Leadership
Dimitri Dadiomov
(CEO)They studied at Stanford and Harvard, and have held senior positions at Foundation Capital and LendingHome.
Matt Marcus
(CPO)A Dartmouth graduate and former Y Combinator member, they previously worked at LendingHome as a Senior Software Engineer.
Sam Aarons
(CTO)They studied Computer Science at Columbia and were a Senior Software Engineer at LendingHome.
Salary benchmarks
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