Engineering Manager, Wealthfront
$208-260k
Plus equity and a discretionary bonus
Office located in Palo Alto, CA
Automated investment management
Open for applications
Automated investment management
201-500 employees
Open for applications
$208-260k
Plus equity and a discretionary bonus
Office located in Palo Alto, CA
201-500 employees
Company mission
To build a financial system that favors people, not institutions.
Role
Who you are
- B.S. or M.S. in Computer Science or equivalent experience
- 4+ years as a software engineer developing and operating systems within the core business
- 1+ years engineering management experience
- Track record of leading productive engineering teams
- Experience hiring, mentoring, coaching and developing engineers into top performers
- Understanding of successful team dynamics and how your role as a manager fits into this process
- Passionate about collaborative problem solving
- Eagerness to solve challenging problems
What the job involves
- Join us in building a better financial system. Wealthfront is continuing to grow and needs managers who are excited to lead talented teams of engineers to improve and expand our products, while maintaining a commitment to high engineering quality standards
- Engineering managers at Wealthfront have a solid background as hands-on engineers and have realized that they can have more impact through their organizations. The largest impact you will have will be through identifying, developing, and coaching “whole engineers” who take ownership of their projects
- With guidance from you, the engineers on your team will take full responsibility for their work, which may include working with cross functional stakeholders directly, authoring their own engineering designs, performing and overseeing their implementations, and taking full responsibility for their code running in production
- Along the way, you will also help us develop the engineering organization, taking a first principles approach to problems like hiring, performance reviews and project management
- Lead a team of 6-10 engineers in execution and operational excellence
- Collaborate with the tech leads and other functions (product management, design, product support, brokerage operations) to understand and respond to changing priorities
- Monitor and improve team productivity, remove roadblocks, identify and implement improvements to our process, and act as scrum master for the team
- Facilitate the exchange of information among all Wealthfront employees in a systematic manner
- Lead or contribute to effective organizational improvement within the engineering organization or Wealthfront
- Combine data-driven process and human empathy to iteratively develop and assess our collective teams and individual team members
- Evaluate technical abilities of individual engineers, in order to match them with projects which demonstrate their strengths and stretch them to grow
- Partner with Recruiting to build well-rounded, effective, and inclusive engineering teams
Our take
Wealthfront's platform takes the hassle and stress out of investing, financial planning, borrowing, and saving with automated services and financial advice. Its robo-advisor allows customers to set a financial limit on their accounts, anything above the limit is moved into an investment account or another account chosen by the customer.
Indeed, it has some similarities to round-up apps like Acorn, which round up purchases and put the spare change into savings. There are other companies working on robo-advisors too, such as Morgan Stanley and Betterment.
Nonetheless, with an impressive and steadily increasing list of clients, and more than $50B of assets under its management, Wealthfront achieved Unicorn status in September 2022. Now it is diversifying its offerings, branching into high-interest checking accounts and investment advice and reportedly seeking a valuation of up to $2.05B in its upcoming IPO, a move that puts the company in a strong position for even more growth.
Steph
Company Specialist at Welcome to the Jungle
Insights
-4% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jan 2018
$75m
SERIES E
Oct 2014
$64m
SERIES D
Total funding: $204.5m
Company benefits
- Lunch and snacks on the house: Enjoy lunches, snacks, coffee and stipends to go out to lunch with coworkers.
- More tools in your toolbox: Join one of our affinity groups, attend leadership trainings and receive 1:1 mentorship. We give team members a quarterly learning stipend so we can all continue to grow and improve.
- Commuting made easy: We’re a short walk from the Palo Alto Caltrain and all employees receive a Caltrain pass. Our co-working space in San Francisco is great for days when you need to work from the city. An additional transportation stipend and relocation bonuses make getting to the office a breeze.
- Prioritize Wellness: Stay happy and healthy however you choose with our monthly wellness reimbursement. You define what wellness means for you — a massage, running sneakers, or dance classes? It’s your call.
- Work/life balance (no, really): We have flexible working hours, a discretionary time off policy and offer 16 weeks of paid parental leave (both parents). We work hard, but we rejuvenate too.
- Your health matters: We provide comprehensive medical, dental and vision coverage for you and your family, including HSA contributions for high deductible plans.
Company HQ
University South, Palo Alto, CA
Leadership
Dan Carroll
(Founder & CSO)They studied Finance and Entrepreneurship at the University of Arizona before using this expertise to co-found Wealthfront in December 2008.
David Fortunato
(CEO)David has been at Wealthfront since 2009, joining the company as CTO. He then became the President in 2019 and CEO in 2021.
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