Modern Treasury

Lead Software Engineer - Reconciliation

New York, New York, United States

Modern Treasury Logo
$190,000 – $280,000Compensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Technology, PaymentsIndustries

Requirements

Candidates should possess 12+ years of professional software engineering experience, with at least 5 years in a tech lead role, and experience working with large-scale, high-availability systems. Strong experience with SQL/Relational databases, hands-on keyboard work, and experience in the payments industry, particularly with ACH, Wire, or FX is required. Prior experience in automatic cash reconciliation is highly desirable.

Responsibilities

The Lead Software Engineer will contribute to the core mission by increasing the capabilities of the Reconciliation Engine, focusing on architecting for scale to deliver best-in-class performance to a rapidly growing customer base. They will help shape new products to meet the sophisticated financial operating needs of modern enterprises, collaborate with cross-functional partners to define roadmap and address customer issues, educate and evangelize their work, and build and work in collaboration with Product Management, Customer Support/Success, and Sales teams.

Skills

Large-scale systems
High-availability systems
SQL
Relational databases
System architecture
Performance optimization
Customer empathy
Cross-functional collaboration

Modern Treasury

Payment operations software for enterprises

About Modern Treasury

Modern Treasury specializes in payment operations software designed to enhance the movement of money for large enterprises across various industries such as real estate, healthcare, insurance, education, and financial services. Their software streamlines payment processes by enabling faster transactions, automatic reconciliation of records, and providing real-time financial data, all supported by artificial intelligence. This allows businesses to manage their financial operations more effectively and securely. Unlike many competitors, Modern Treasury focuses on serving large clients with significant transaction volumes, offering a subscription-based software as a service (SaaS) model that ensures continuous access to updates and features. The company's goal is to modernize payment operations and improve the efficiency and security of financial transactions.

Key Metrics

San Francisco, CaliforniaHeadquarters
2018Year Founded
$178.1MTotal Funding
SERIES_CCompany Stage
Fintech, AI & Machine LearningIndustries
51-200Employees

Benefits

Inclusive healthcare package
Unlimited PTO
Paid parental leave
$1k stipend to setup a home office
$500 yearly book stipend
Charitable donation matching
401k

Risks

Increased competition from fintech companies could erode Modern Treasury's market share.
Rapid adoption of instant payment systems may pressure Modern Treasury to innovate continuously.
AI-driven solutions expose the company to risks of biases and errors in financial data.

Differentiation

Modern Treasury automates the full cycle of money movement for large enterprises.
The company offers AI-driven reconciliation to enhance financial workflows and cash visibility.
Modern Treasury provides professional services for tailored payment infrastructure integration.

Upsides

Expansion of instant payments support with six top banks enhances customer experience.
Professional Services offering creates a new revenue stream and strengthens customer relationships.
Inclusion in the 2024 Fintech Innovation 50 list boosts its recognition and appeal.

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