Software Engineer Intern, Valon Mortgage
$60/hour USD
More information about location
AI-native operating system for mortgage servicing
Be an early applicant
AI-native operating system for mortgage servicing
501-1000 employees
Be an early applicant
$60/hour USD
More information about location
501-1000 employees
Company mission
To power the future of homeownership with modern servicing technology.
Role
Who you are
- Currently in pursuit of a Bachelor's degree in Computer Science or related field
- Exceptional programming and design skills
- Ability to build quality software applications at scale, including ability to work cross-functionally to balance product and technical requirements, building scalable systems from scratch with a fast turnaround
- Communicate effectively in a collaborative, complex, and highly technical team environment
- Experience with one of the following: web application development, mobile application development, building large-scale distributed systems, or infrastructure management
- Deep curiosity and willingness to ask a lot of questions in order to learn quickly
- Must have legal authority to work in the U.S. EEOE
What the job involves
- Our engineering team is here to power the software ecosystem to disrupt one of the most outdated and regulated spaces in the financial sector - the mortgage industry
- We’ve built out the foundation of a modern mortgage servicing platform that can accurately handle billions of dollars at scale, but we’re just getting started. At Valon, we want you to do the best work of your life
- You'll be surrounded by a tight-knit community of exceptional people from places like Stripe, Jane Street, Meta, and Google who care deeply about their work and each other
- Our problem space is complex, but you’ll get a lot of autonomy so that you can learn quickly, execute effectively, and deliver the highest level of business impact. Our tech stack is built on Python, React, Docker, Kubernetes, and Google Cloud Platform
- Responsible for learning new concepts and technologies quickly and apply them to challenging problems
- Designing and building 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The mortgage servicing market is huge but surprisingly outdated.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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