Modern Treasury

Lead Software Engineer - Reconciliation

New York, New York, United States

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

Lead Software Engineer - Reconciliation Platform

Salary: $190K - $280K Employment Type: Full-Time Location Type: Remote


Position Overview

Modern Treasury is seeking a Lead Software Engineer to join our Reconciliation Platform team. Reconciliation is a critical component of our core Payments product, ensuring the accuracy of funds in accounts against payment activity. This role is instrumental in delivering on Modern Treasury's value proposition by providing customers with confidence that their payment activity is correctly reflected in their accounts.

This position can be based out of San Francisco, New York, or remotely for candidates located in the following states: AZ, CA, CO, CT, FL, GA, HI, IL, MA, MI, MN, MT, NC, NJ, NV, NY, OH, OK, OR, PA, TX, UT, WA, WI.


Responsibilities

  • Contribute to our core mission by enhancing the capabilities of our Reconciliation Engine, focusing on improving our industry-leading automatic reconciliation rate and adapting to diverse business needs.
  • Architect solutions for scale to maintain best-in-class performance for a rapidly growing customer base.
  • Help shape new products designed to meet the sophisticated financial operating needs of modern enterprises.
  • Engage with customers to understand their specific needs and ensure development is driven by customer empathy.
  • Collaborate with cross-functional partners (Product Management, Customer Support/Success, Sales) to define the roadmap and quickly address customer issues.
  • Educate and evangelize your work to the rest of the company and our customers.

Requirements

  • 12+ years of professional software engineering experience.
  • 5+ years of experience in a tech lead role.
  • Experience working with large-scale, high-availability systems.
  • Experience working with SQL/Relational databases.
  • Hands-on keyboard work in your most recent role is strongly preferred.
  • Experience in the payments industry, with a strong preference for expertise in ACH, Wire, or FX.
  • Prior experience in automatic cash reconciliation is highly desirable.

Technologies We Use

  • Backend: Ruby on Rails
  • Frontend: React, GraphQL, Tailwind CSS
  • Database: Postgres
  • Caching: Redis
  • Infrastructure: AWS
  • Containerization: Docker
  • Source Code Management: GitHub
  • CI/CD: Buildkite

Company Information

Modern Treasury is committed to equal employment opportunity. We do not discriminate in employment opportunities or practices based on race, color, creed, gender (including gender identity and gender expression), religion, marital status, registered domestic partner status, age, national origin or ancestry, natural hair, physical or mental disability, political affiliation, medical condition, sex (including pregnancy, childbirth, breastfeeding or related medical condition), genetic information, sexual orientation, military and veteran status, or any other consideration made unlawful by federal, state, or local laws.

We also prohibit discrimination based on the perception that anyone has any of these characteristics, or is associated with a person who has or is perceived as having any of those characteristics.

Modern Treasury participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.

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.

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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