Solutions Engineer at ModernFi

New York, New York, United States

ModernFi Logo
$120,000 – $160,000Compensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
FinTech, FinanceIndustries

Requirements

  • Engineering background (CS degree or equivalent experience)
  • Comfort with code and infrastructure (e.g., spinning up an SFTP server, tweaking a Python script)
  • Excellent communication skills to translate technical needs to non-technical audiences
  • Enthusiasm for improving the customer experience through software, process, and grit
  • Collaborative and positive attitude

Responsibilities

  • Lead technical onboarding of new institutions to the ModernFi platform (account setup, configuration, testing, and go-live)
  • Manage infrastructure setup for clients, including provisioning SFTP servers and keypairs with Pulumi
  • Collaborate with bank IT teams to configure SSO in Auth0 based on their identity providers
  • Coordinate onboarding for third-party digital banking integrations (e.g., Q2)
  • Own and improve public API documentation
  • Build tooling, dashboards, or internal features (using Python, Retool, etc.) to improve efficiency and scalability
  • Optimize the self-service onboarding tool through collaboration with the Customer Success (CS) team

Skills

Python
Pulumi
Auth0
AWS
PostgreSQL
Retool
SFTP
SSO

ModernFi

Advisory services for funding markets management

About ModernFi

ModernFi focuses on funding markets and asset liability management in the banking sector by allocating funds to FDIC-member banks. It serves institutional clients, providing insights and strategies to help them manage funding needs and optimize balance sheets. Unlike traditional banks, ModernFi does not offer deposits but simplifies complex financial processes through advisory services and educational materials. The company generates revenue through various fees, aiming to add value by helping clients navigate financial market complexities.

New York City, New YorkHeadquarters
2022Year Founded
$26.9MTotal Funding
SERIES_ACompany Stage
Fintech, Financial ServicesIndustries
11-50Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Company Equity

Risks

Increased competition from fintech companies may erode ModernFi's market share.
Technical challenges with Q2 integration could affect client satisfaction and adoption.
Regulatory scrutiny may increase compliance costs and operational challenges for ModernFi.

Differentiation

ModernFi offers a fully integrated, API-driven deposit network for financial institutions.
The company provides extended deposit insurance through program institutions, enhancing depositor security.
ModernFi's solutions simplify complex financial instruments for institutional clients, aiding compliance.

Upsides

Integration with Q2's platform enhances ModernFi's digital banking capabilities and client reach.
Partnerships with credit unions expand ModernFi's market presence and deposit network.
Recognition as a top fintech innovator boosts ModernFi's credibility and market appeal.

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