Senior Engineering Manager, Betterment
Backend
$210-235k
+ Eligible for variable compensation in the form of a discretionary company incentive bonus
More information about location
3 days a week in office
Banking and investment app
Open for applications
Banking and investment app
501-1000 employees
Open for applications
$210-235k
+ Eligible for variable compensation in the form of a discretionary company incentive bonus
More information about location
3 days a week in office
501-1000 employees
Company mission
To make people’s lives better.
Role
Who you are
- 3+ years of experience in formal Engineering Management of direct reports
- Experience managing, mentoring, and inspiring talented engineers, guiding them toward excellence in both professional growth and project outcomes
- 5+ years of experience in building and maintaining backend distributed systems using Java or a similar programming language
- Comfortable diving into unfamiliar codebases to support and unblock the team
- A proven track record to rapidly close knowledge gaps, enhancing productivity and establishing trust within the organization
- A track record of fostering accountability and ownership, motivating teams to take initiative and consistently deliver
- Experience cultivating high-performing teams that balance speed of execution with the necessary rigor to maintain quality
- Ability to adjust leadership style to meet the evolving needs of the team and the business
- Effective collaborator capable of working with other engineering teams, product managers, subject matter experts, non-technical stakeholders and third party vendors to build and ship high quality software
- Ability to translate business strategy into Engineering initiatives that drive meaningful outcomes
What the job involves
- As an Engineering Manager in Broker Dealer, you'll help balance on-time delivery of new B/D features alongside system stability and scale, all while helping mentor and grow a team of talented engineers
- Broker Dealer is the core of the Betterment platform
- On any given day, we need to securely move millions of dollars through the Betterment system
- At the same time, every transaction must flow through a complicated series of risk checks to ensure strict regulatory compliance
- Every ounce of efficiency and intelligence we pour into this system translates into more value for our customers
- We’re looking for an Engineering leader to contribute to answering our most difficult backend scaling, software design, and optimization questions
- While we don’t expect you to code on a daily basis, we do expect you to quickly familiarize yourself with the tech stack, codebase and specific business domains so that you can better support the team’s mission and deliver meaningful business impact
- This role will be overseeing a team of individual contributors, and will work closely with other engineering managers in Broker Dealer
- Manage a team of 5-8 backend engineers who build innovative trading, money-movement and record keeping technology that powers our investing products
- Foster career development and align roadmap opportunities with each engineer’s growth interests, keeping them technically engaged
- Cultivate a team culture that values accountability, constructive feedback, and celebrates successes
- Be a hands-on technical mentor by regularly diving into the codebase, participating in code reviews, partnering with stakeholders to shape solutions, and driving effective technical decision-making
- Champion maintainability and reliability by advocating for the long-term stability of the technology your team builds
- Balance the need for speed with the importance of correctness and quality in every project your team undertakes
- Drive process improvements to ensure day-to-day effectiveness within the team
- Continuously refine team processes and practices to deliver high-impact, high-quality outcomes for the business
- Develop deep domain and industry knowledge to be a highly effective partner across internal and external stakeholders
- Collaborate closely with Product and Engineering leaders, Operations, Legal and Compliance teams to ensure we consistently deliver the right solutions in the right way
Application process
- We’ll take a few weeks to review all applications. If we’d like to spend more time with you, we’ll reach out to arrange next steps, which will include 3-4 sets of meetings with your future colleagues
- In the interview process, we’ll look to learn more about your skills, experiences, capabilities, and motivators. Many of our questions will be aimed at understanding how you might operate here at Betterment. Depending on the role, we may ask you to complete a case study exercise or technical assessments, as we want to collect a robust set of data points to better inform our decisions
- On average, it takes us around 3-5 weeks to make a hiring decision, depending on your availability and sense of urgency. As a best practice, we aim to interview at least 2-3 final round candidates before making a hiring decision. Please note that, as we usually receive an overwhelming number of applications for open positions, we’re unable to offer individual feedback during the interview process
- We recognize that interviewing for a new role is a big deal. We appreciate you considering Betterment as the next step in your career, and our Recruiting Team is here to support and advocate for you through the interview process!
Our take
Betterment is an app-based investment platform that provides personal finance data and guidance to retail users through a range of real-world data and AI analytics to deliver investment advice to customers.
The company has become the largest independent digital investment advisor in the U.S. Having expanded its 401k business, Betterment has entered the world of Crypto, partnering with Gemini to offer customized crypto portfolios and its "Crypto Investing by Betterment" platform.
Betterment has a wealth of competition in this increasingly crowded space. Other robo advisors offering similar services include Moneyfarm, Wealth Simple, M1 Finance and Personal Capital. Going forward, Betterment hopes to further distance itself from rivals as it further innovates its platform.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-6% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Sep 2021
$60m
SERIES F
Jul 2017
$70m
SERIES E
Total funding: $335m
Company benefits
- Health and wellness: Get comprehensive medical, dental, and vision, plus a free subscription to One Medical.©
- Generous time off: We encourage you to take time off (seriously) and get the rest you need to do your best work.
- Paid parental leave: We welcome new additions to your family with 12-18 weeks of parental leave.
- Matching benefits: We offer a 401(k) match and a match on qualified student loan payments
- Equity: Gain stake in Betterment’s success with company equity grants.
- Free food: Snacks, beverages, and catered lunches at our NYC HQ
- Long-term health resources: We provide LGBTQIA+ transition and fertility support.
- Find your community: Make connections through seven employee affinity groups and a social calendar of hybrid events.
Company HQ
Flatiron District, New York, NY
Leadership
Jonathan Stein
(Board Member)After studying Economics at Harvard, Jonathan worked as a Consultant at First Manhattan Consulting Group for over 4 years. He founded Betterment in 2007, serving as CEO until 2020 when he stepped down to Chairman of the Board.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 15 more jobs at Betterment