Modern Treasury

Software Engineer - Foundations

San Francisco, California, United States

$120,000 – $250,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Enterprise Software, FintechIndustries

Requirements

Candidates should have extensive experience in architecting infrastructure layers including storage, networking, orchestration, deployment, data processing, observability, and monitoring for high reliability systems. Proven experience in owning production and developer operations is required, along with a track record of building large-scale infrastructure for payments or related systems. Strong familiarity with API design and implementation, as well as a willingness to utilize both open source and custom solutions, is essential.

Responsibilities

The Software Engineer will build and scale the infrastructure for Modern Treasury's products and platform. They will inform architectural decisions, support internal stakeholders, and develop tools that enhance product iteration and delivery. Additionally, the engineer will work closely with the product team to create features for users, ensuring robust and scalable systems that meet high reliability requirements.

Skills

Infrastructure
Storage
Networking
Orchestration
Deployment
Data Processing
Observability
Monitoring
API calls
Reliability
Scalable Systems
Bare-metal
Cloud Providers
Open Source
Web Platform

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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