Staff Software Engineer, Valon Mortgage
$210-275k
+ Equity
AI-native operating system for mortgage servicing
Job no longer available
AI-native operating system for mortgage servicing
501-1000 employees
Job no longer available
$210-275k
+ Equity
501-1000 employees
Company mission
To power the future of homeownership with modern servicing technology.
Role
Who you are
- 7+ years of software engineering experience building quality software applications at scale
- Strong communicator
- Able to work cross-functionally to balance product and technical requirements
- Great at building scalable systems from scratch with a fast turnaround
- Experience with one or more of the following: web application development, mobile application development, building large-scale distributed systems, or infrastructure management
- Time management skills that will maximize efficiency in a fast-paced startup environment
What the job involves
- We are building a world-class engineering team to automate one of the most regulated spaces in the financial sector - the mortgage and housing industry
- We come from companies like Google, Facebook, Spotify, Oscar Health, and Twilio
- You’ll join a small, tight-knit group of engineers who are developing flexible backend architecture to accurately handle billions of dollars at scale
- In addition, our team of engineers is fulfilling Valon’s mission by creating a great user experience to help homeowners manage their mortgages through a platform that delivers new features quickly and with quality
- Learn new concepts and technologies quickly and apply them to challenging problems
- Design and build robust and extensible infrastructure to handle evolving and complex federal, state, and agency regulations
- Dive deep to understand the inner workings of a highly complex industry
- Work with Product and Design to define the best experience for our customers
Our take
The mortgage servicing market is huge but surprisingly outdated. In the US alone, it covers roughly $13T in mortgages, yet many servicers still use legacy systems and manual processes to manage payments, compliance and customer support. Because mortgage servicing involves complex regulations and many exceptions, these older systems can be inefficient and costly to run, creating a strong opportunity for modern technology to improve how the industry operates.
Valon is trying to modernize this space with ValonOS, an AI-native operating system built specifically for mortgage servicing. The platform doesn't just store loan data, it also captures the rules and workflows behind servicing decisions. This allows companies to automate routine processes, improve visibility into operations, and manage compliance more easily. To prove the system works, Valon has also built and run its own large mortgage servicing business on the platform.
The company has gained strong backing from major industry players too. Investor Rithm Capital Corp. plans to roll out Valon's technology to over 4M homeowners through Newrez, one of the largest US mortgage servicers. If this rollout succeed, it could demonstrate that modern, AI-driven systems can operate at industry scale and potentially reshape mortgage servicing.
Freddie
Company Specialist at Welcome to the Jungle
Insights
21% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Oct 2024
$100m
SERIES C
Jul 2024
$69.8m
LATE VC
Total funding: $348.8m
Company benefits
- Compensation: You’ll receive a highly competitive compensation package with room to grow.
- Time Away: We offer a generous PTO program, sick time, and company holidays.
- Flexible Work: Remote, hybrid, or in-office. We’ve got it all and aim for you to work where it works. Where possible, we offer geographic flexibility.
- Health Benefits: Health, dental, and vision insurance are all company-sponsored to keep you healthy and strong.
- Parental Leave: Birthing and non-birthing parents receive 12 weeks of fully paid time to welcome a new child.
Company HQ
Union Square, New York, NY
Leadership
Andrew Wang
(Co-Founder & CEO)Andrew studied Computer Science at Harvard before interning as a Software Engineer at The White House and Google. He was also an Analyst at Goldman Sachs and spent 4 years as a Principal to Soros Fund Management.
Linda Du
(COO)Linda studied Computer Science and Statistics at Harvard. She then worked at Samlyn Capital and Two Sigma prior to co-founding Valon in 2020.
Jake Mintz
(CPO)Prior to joining Valon in 2024, Jake was the Head of Product, Consumer at Stipe. He also spent 7 years at Google as a Product Lead, Camera (Android/Google Pixel, Head of Product, VR/AR (Media, Communications) and as the Head of Product, Business Management.
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