Backend Software Engineer, Thought Machine

Salary not provided

SQL

Kubernetes

Python

Golang

Mid and Senior level

London

3-4 days a week in office

Cloud native banking platform

Posted today

Cloud native banking platform

501-1000 employees

FintechB2BBankingPaymentsDeep TechFinancial ServicesSaaSCloud Computing

Posted today

Salary not provided

SQL

Kubernetes

Python

Golang

Mid and Senior level

London

3-4 days a week in office

501-1000 employees

FintechB2BBankingPaymentsDeep TechFinancial ServicesSaaSCloud Computing

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 They want to cure one of the banking industry's primary problems: its reliance on outdated IT infrastructure.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.

Job

Company

Role

Who you are

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

What the job involves

Design, implement and develop scalable, performant microservices using best practices
Write automated unit tests, integrate tests, etc
Interfacing with other engineering teams to ensure that features are added in a structured and coherent way
Managing and debugging your deployments from testing environments all the way to production
Translating customer requirements into trackable tickets

Application process

Recruiter Screen
Coding challenge
Onsite interview

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

Strong hiring activity

Rocket List 2021

Top investors

25% female employees

22% employee growth in 12 months

Glassdoor (4.1)

Company

Funding (last 2 of 7 rounds)

May 2022

$160m

SERIES D

Mar 2022

$54.2m

LATE VC

Total funding: $560.2m

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

Lloyds to cut costs with Thought Machine platform move

Thought Machine raises $200m in Series C funding to bring world’s banks to the cloud

Former HSBC Group COO joins Thought Machine as new Chairperson

Monese adopts Thought Machine’s Vault to reach millions more customers

We are Thought Machine Video

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

Jamica

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.

Share this job

View 2 more jobs at Thought Machine