Full-Time

Software Engineer

New York City

Posted on 1/11/2024

January

January

51-200 employees

Tech-enabled debt collection platform with ML

Compensation Overview

$115k - $155k

New York, NY, USA

Category
Software Engineering
Required Skills
Python
Java
Requirements
  • Have 0-6 years of experience as a Software Engineer
  • Are proficient in at least one programming language such as Python, Java, or C++
  • Have strong problem-solving and analytical skills
  • Want the chance to collaborate closely with your peers
  • We find that candidates who perform particularly well in this role have full-stack experience
Responsibilities
  • Borrower Experience. You'll work to make the collections experience simpler and more empathetic for borrowers, improving recoveries. This might include running experiments to improve conversion, analyzing user behavior to find opportunities, and designing reinforcement learning models to automate decision making
  • Client Experience. Build simple, best-in-class tools to help creditors engage with their borrowers, analyze effectiveness, and automate operations
  • Technical Leverage. Develop simple solutions to complex technical scaling problems, improving developer leverage, reliability, security, and compliance. Depending on your areas of expertise, this may include infrastructure scaling, domain modeling, performance optimization, and continuous deployment
  • Developing Peers. When you work at January, you work with a team that grows together. Regardless of your current level, you'll share your knowledge of systems, engineering practices, and the problem domain, helping ensure everyone's success. You'll do this through code review, pair programming, documentation, and just plain being supportive
Desired Qualifications
  • Genuine collaboration. We recognize and explicitly reward feedback, alignment, and learning from each other
  • Managers as advocates. You'll report to leaders invested in your growth and promotion, not just their own. Managers only succeed when their teams thrive
  • Outcomes over output. We value finding ways to do more with less, working smart instead of burning out
  • Product ownership. Engineers are owners, not mercenaries. Everyone plays a role in discovering, advocating for, and implementing product ideas
  • Technical quality. We work collaboratively with product to ensure great outcomes without sacrificing quality. Sustainable development is a first-class priority

January is a debt collection platform that serves creditors (banks and financial institutions) and borrowers (individuals or businesses who owe money). It uses a tech-enabled approach to improve debt recovery by applying machine learning to optimize collection strategies while prioritizing compliant, respectful interactions. The platform automates adherence to federal, state, and local regulations and increases recovery rates for creditors, reducing legal and reputational risk. Its key differentiator is combining data-driven autorecovery optimization with a personalized, human-centric approach, treating borrowers with dignity instead of treating them as numbers. The business earns revenue by charging creditors for using the platform, based on the improved recovery outcomes and lower risk. The goal is to raise recovery rates, lower risk, and set a higher standard for ethical debt collection in the financial services industry.

Company Size

51-200

Company Stage

Series B

Total Funding

$28M

Headquarters

New York City, New York

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • January serviced $10B+ debt, handling more accounts than top-10 banks excluding them.
  • January quadrupled revenues and clients post-Series A, raising $12M Series B in 2023.
  • January earns 4.8/5 Google stars and BBB accreditation since July 2019 for trust.

What critics are saying

  • Relief.app enables borrowers to settle debts independently, eroding January's recoveries.
  • TrueAccord's digital AI recovers 40%+ above averages, stealing bank clients from January.
  • Creditors adopt in-house AI from FIS and Experian, obsoleting January within 18-36 months.

What makes January unique

  • January's AI platform outperforms agencies by 30% in recoveries with hyper-personalization.
  • January guarantees compliance via incentive-aligned software and full interaction records.
  • January achieves 92% payment plan completion, 120x more efficient than traditional methods.

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Your Connections

People at January who can refer or advise you

Benefits

Hybrid and remote work policy

Pet-friendly offices

Unlimited PTO

Flexible work hours

Generous New Parent Leave

Equity

Annual learning and development stipend

401k

Gym membership reimbursement

Medical, dental, and vision

Commuter benefits

Fun team events

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

2%

2 year growth

1%
Holland FinTech
Dec 6th, 2023
Weekly Funding Highlights - 6 December 2023

January Technologies, Inc. has secured $12m in Series B financing in a funding round led by IA Ventures.

FinSMEs
Dec 4th, 2023
January Closes $12M Series B Funding

January Technologies, a NYC-based fintech company humanizing debt collection, raised $12M in Series B funding

Cision
Nov 29th, 2023
Fairplay Partners With January To Redefine Fairness In Collections

"By joining forces, we can further our goal of making the financial system work more effectively and humanely for both borrowers and lenders."—Jake Cahan, January founder and CEO. .

TechCrunch
Mar 30th, 2022
January raises $10M to be a ‘tech-enabled debt collector’

January is a tech-enabled debt collections agency

INACTIVE