Director of Engineering, Opendoor
$235-294k
End-to-end online platform for selling and buying homes
Job no longer available
End-to-end online platform for selling and buying homes
1001+ employees
Job no longer available
$235-294k
1001+ employees
Company mission
To power life's progress one move at a time.
Role
Who you are
- 10+ years of experience in software engineering, with at least 5 years in a leadership role
- Proven track record of leading large engineering teams and delivering complex, high-impact projects
- Strong background in modern software development practices, cloud technologies, and scalable architectures
- Experience working in a high-growth, technology-driven company, preferably within proptech, fintech, or marketplace businesses
- Exceptional problem-solving skills, strategic thinking, and ability to balance technical depth with business priorities
- Excellent communication and stakeholder management skills
- Experience with data-driven decision-making and experimentation
What the job involves
- We are looking for a highly experienced and visionary Director of Engineering to lead our engineering teams in building scalable, robust, and high-impact products. This role will drive engineering strategy, execution, and team development, ensuring we continue to innovate and lead in the proptech space
- Provide strategic technical leadership, defining and executing the engineering roadmap in alignment with business objectives
- Lead, mentor, and grow high-performing engineering teams, fostering a culture of innovation, ownership, and collaboration
- Oversee the development and deployment of scalable, high-quality software solutions that enhance user experience and drive business growth
- Collaborate cross-functionally with product, design, data science, and operations teams to deliver innovative solutions
- Establish and implement best practices for software development, system architecture, security, and DevOps
- Drive engineering excellence through metrics, KPIs, and continuous process improvements
- Manage technical debt, ensuring long-term sustainability and scalability of our systems
- Stay ahead of industry trends and emerging technologies, leveraging them to drive Opendoor’s competitive advantage
Our take
Opendoor makes selling homes easy and stress-free by cutting out the prolonged processing time usually involved with a sale. Sellers can offload a house quickly and easily to the company for cash and a 6-9% fee. Currently operating in a growing number of markets nationwide, Opendoor has chimed well with millennials who gel quickly with online businesses that offer solutions to problems they encounter.
This buying and selling model doesn't come without risk. The longer Opendoor keeps a property, the lower its profit margin. However, Opendoor's performance has been anything but disappointing; it went public in 2021, with its pre-SPAC merger presentation calling for $3.5 billion in revenue. Its actual revenue trounced it, coming in at $8 billion - more than double its estimate.
Opendoor's largest competitor Zillow dropped out of the space in late 2021 because it struggled to price the homes it acquired accurately. Opendoor's closest remaining competitor is Offerpad, which does just a fraction of the transaction volume that Opendoor does. With strong earnings coming out of 2024, if Opendoor can continue to ride on this success long term it will have an enormous lead on existing and future competitors, giving it a shot to become the overwhelming market leader.
Steph
Company Specialist at Welcome to the Jungle
Insights
-19% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Mar 2019
$300m
SERIES F
Sep 2018
$400m
SERIES F
Total funding: $1.5bn
Company benefits
- Save for tomorrow: Select our Pre-tax or Roth 401k plans to save towards retirement
- Healthy healthcare: Medical, dental and vision is 100% covered for employees
- Family planning: We offer specialty programs like Carrot, Cleo & Ginger
- Flexible vacation: Most of our team take at least 20 days off per year to decompress and be their best
- Resource groups: Join the group that works for you
- Income protection: 100% company sponsored: life insurance short term and long term disability
- Other: Flexible spending account, commuter benefit, employee assistance programs, and paid parental leave
Company HQ
Financial District, San Francisco, CA
Leadership
Carrie Wheeler
(CEO)Initially joined Opendoor in 2019 as a Board Member, before becoming the CFO in 2020 and CEO in 2022. Previously a Partner and the Head of Retail and COnsumer Investing at TPG Capital as well as an Analyst at Goldman Sachs.
Salary benchmarks
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