Senior Back End Engineer, Thought Machine
£100-150k
3-5 days a week in office (Russell Square, London)
Cloud native banking platform
Open for applications
Cloud native banking platform
501-1000 employees
Open for applications
£100-150k
3-5 days a week in office (Russell Square, London)
501-1000 employees
Company mission
Thought Machine's mission is to build the new foundations for banking. They want to cure one of the banking industry's primary problems: its reliance on outdated IT infrastructure. Nearly every bank is still stuck on a legacy IT platform.
Role
Who you are
- 6+ years of experience as a Software Engineer
- Experience with either Python or Golang
- Experience in developing automated tests as an integral part of the development cycle
- Interest in working on client-facing projects, conducting scoping and defining deliverables
Desirable
- Knowledge of banking / finance
- Experience with AWS or other cloud providers
- Familiar with databases (SQL or noSQL)
- Experience with client/server software architectures & networking, or microservice architectures
- Experience using orchestration tools such as Kubernetes or Mesos
- Experience of either managing a team, or a desire to manage a team in the future
What the job involves
- Back End Engineering is a key role within Thought Machine as Back End Engineers lead the development of Thought Machine’s Vault product. We pride ourselves in excellence in this role, adopting the best practices in continuous deployment monorepo style development
- While development at Thought Machine is fast paced, you will be expected to develop code to a high standard and production ready state
Application process
- 1. Recruiter Screen
- 2. Home Challenge
- 3. Onsite Interviews
Salary benchmarks
Our take
Most traditional banks are stuck on legacy technology. The world's biggest banks today have been around for hundreds of years and their systems reflect this. Their tech systems were built in the mid-20th century and changes/improvements have been layered on top since then.
This infrastructure is creaking in a lot of these institutions, so they need a radical overhaul if they're going to compete with challenger banks like Monzo, N26 and Starling, that have built their banks on modern technology from the ground up.
Thought Machine's customers are primarily in Europe and Asia, and include legacy outfits like Standard Chartered, Lloyds Banking Group, and Sweden’s SEB, but they are also working with challenger banks like Atom Bank. Traditional banks will need to innovate to hold on to their market share, and will need the latest technology to do it, providing a big opportunity for Thought Machine.
The company has raised more than $500m in funding and are now valued at $2.7bn, which is being used to support the transformation of the retail banking market with cloud native technology, solving bank reliance on legacy IT. Thought Machine were named AltFi's B2B Fintech of the Year, placed in the FinTech50, and in the IDC list of top 100 Fintechs.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
25% female employees
22% employee growth in 12 months
Company
Employee endorsements
Opportunities to learn
"There is an incredibly in-depth programme of live "acadamies" from the company's experts in each area, which is mandatory for all new joiners. This..."
Funding (last 2 of 7 rounds)
May 2022
$160m
SERIES D
Mar 2022
$54.2m
LATE VC
Total funding: $558.6m
Company benefits
- Life Insurance- 3 times annual salary
- Competitive Maternity and Paternity leave
- Shared parental leave
- Cycle to work scheme
- Pension (match up to 5%)
- 25 days holiday (excl. bank holidays) + 2 days Charity Leave
Company HQ
Bloomsbury, London, UK
Articles
Leadership
Paul Taylor
(CEO)Founder of Phonetic Arts (speech technology in gaming) until it was acquired by Google 4 years later. Then worked for Google as a Technical Lead for 3 years
People progressing
Joined as Back End Software Engineer and became a Tech Lead Manager after 1 year 4 months and is now an Engineering Director.
Diversity, Equity & Inclusion at Thought Machine
Natalie Brock (Chief of Staff - People)
- Diversity is an integral part of life at Thought Machine. We want to create a work environment where employees enjoy showing up to work authentically as their best self.
- We celebrate our differences with culture events and internal community networks such as the women’s group, OUT our LGBTQ+ group and Belong, which celebrates different ethnicities
- In terms of nationality, Thought Machine has 450 staff and over 45 different nationalities across three offices.
- Although we are above the UK’s average of women in fintech, we have got work to do.
- To help us achieve greater parity we have introduced a number of measures and initiatives, including coaching and training.
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