Full-Time

Platform Engineer

ModernFi

ModernFi

51-200 employees

Advisory funding allocations to FDIC-member banks

Compensation Overview

$160k - $240k/yr

+ Equity Grant + Wellness Stipend + Relocation

Remote in USA + 1 more

More locations: New York, NY, USA

Hybrid

Category
DevOps & Infrastructure (1)
Required Skills
Datadog
Grafana
Computer Networking
SOC 2
AWS
Prometheus
Terraform
DevOps

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Requirements
  • 5+ years of software engineering experience, with significant time spent on infrastructure, platform, or reliability-focused work in a production environment.
  • Deep fluency with cloud infrastructure (ideally AWS), infrastructure-as-code (Pulumi, Terraform, or similar), and modern CI/CD pipelines.
  • A security mindset: you treat security as a first-class concern in everything you build, even if you don't come from a dedicated security background. Familiarity with frameworks such as SOC 2, compliance tooling such as Vanta, and concepts such as secrets management, key rotation, and least-privilege access is a plus.
  • Hands-on experience with a modern observability stack (Datadog, Prometheus + Grafana, the Elastic stack, or equivalent), and a track record of setting observability and monitoring standards that translate into actionable insights for product teams downstream. You've also defined SLOs, run postmortems, and improved the on-call experiences you've personally experienced.
  • Comfortable owning systems end-to-end, from the IaC that provisions them to the runbooks that recover them.
  • Experience working in or alongside small, fast-moving engineering teams, with a track record of making them faster and more reliable rather than introducing process drag.
  • Excellent communication skills. You can explain a network topology to a non-engineer and a production incident to a CEO with equal clarity.
  • High level of empathy, integrity, and calmness under pressure.
  • You're excited by the prospect of being the founding Platform Engineer at a fintech company where your work directly determines what we can safely ship. You’re the kind of IC who thrives on shipping infrastructure that other engineers love to build on.
Responsibilities
  • Own and evolve the reliability posture of the ModernFi network (observability, incident response, SLOs, and on-call practices) so we can keep shipping fast without ever compromising correctness.
  • Lead the buildout of a more advanced release pipeline with merge queues, feature-flag tooling, and per-domain release gates for our highest-stakes services across multiple environments.
  • Take ownership of our cloud platform, Pulumi modules, AWS account structure, identity, networking, and the tooling product engineers build on, and make the right call between extending what we have today and replacing it for what's next.
  • Drive our security and compliance posture: Vanta remediation, SOC 1/2 readiness, vulnerability scanning, secrets and key management, and hardening across the stack — partnering closely with our CCO, external advisors, and the rest of engineering.
  • Upgrade how ModernFi does on-call: the tooling around it, the runbooks behind it, the rotations that staff it, and the postmortems that close it out while participating in the infrastructure on-call rotation yourself.
  • Partner closely with our product engineering pods to understand where the platform creates drag, and ship the abstractions that let them move faster *and* more safely.
  • Cultivate a culture of operational excellence through code reviews, design discussions, mentorship, and the steady raising of our collective bar for what production-grade looks like.

ModernFi helps banks and financial institutions manage funding and balance sheets. It provides advisory services and allocates funds to FDIC-member banks, guiding funding markets and asset-liability management. The process involves offering insights, controls, processes, monitoring, and educational materials to help clients conduct due diligence and manage third-party risks, while charging consulting, management, and performance-based fees. ModernFi is not a bank and does not offer deposits; instead, it works with FDIC-insured banks to support their funding needs. The company differentiates itself by focusing on specialized funding-market strategies for institutional clients and by combining advisory services with fund allocation to optimize balance sheets and regulatory compliance. Its goal is to simplify complex funding and ALM topics for banks, helping them improve financial health while managing risk.

Company Size

51-200

Company Stage

Series B

Total Funding

$57.7M

Headquarters

New York City, New York

Founded

2022

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Simplify Jobs

Simplify's Take

What believers are saying

  • Extended insurance attracts large-value depositors without raising rates.
  • Reciprocal deposits and sweep funding improve liquidity, margins, and balance-sheet stability.
  • Credit-union and bank adoption expands cross-sell opportunities across adjacent institution types.

What critics are saying

  • Reciprocal-deposit rule changes could weaken ModernFi's core product and economics.
  • Large-member exits from NBID would reduce liquidity depth and network-effect value.
  • Integration failures inside core banking systems can delay onboarding and retention.

What makes ModernFi unique

  • NBID is a bank-owned consortium with over 600 member banks and shared economics.
  • ModernFi spans bank and credit-union networks, broadening distribution across two deposit markets.
  • Gale Simons-Poole adds FDIC supervision and enterprise risk expertise to the leadership team.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

6%

2 year growth

10%
ModernFi
Nov 21st, 2025
Experienced Regulator and Risk Leader, Gale Simons-Poole, Joins ModernFi as Head of Regulatory Affairs

Experienced regulator and risk leader, Gale Simons-Poole, joins modernfi as Head of Regulatory Affairs. Longtime regulatory leader to further strengthen ModernFi's financial services governance, risk management, and regulatory relationships as the company continues to scale NEW YORK, NY - ModernFi, the leading technology provider for deposit management, today announced the appointment of Gale Simons-Poole, a distinguished leader in financial risk management and regulatory oversight, as Head of Regulatory Affairs. Mrs. Simons-Poole most recently served as Chief Risk Officer at BHG Financial, where she led regulatory and compliance matters for BHG lending programs and scaled BHG's enterprise risk program. Prior to BHG, she spent seven years with Promontory Financial Group, advising bank clients from community to money center banks, nonbank lenders, fintech companies, and financial services organizations. Gale's extensive experience in bank supervision includes 24 years with the Federal Deposit Insurance Corporation (FDIC) where she was a Deputy Regional Director in Risk Management Supervision. In this capacity, she oversaw risk management for several southeastern states and gained recognition for her expertise in supervisory and compliance matters. "I am thrilled to join the ModernFi team at this critical time as the company scales its deposit network services with hundreds of financial institutions," said Mrs. Simons-Poole. "I look forward to further strengthening ModernFi's regulatory relationships and risk programs and building on the company's mission to help financial institutions compete, grow, and thrive in an ever evolving regulatory landscape." Mrs. Simons-Poole joins a team deeply focused on delivering the highest standards of compliance, governance, and safety. She will work closely with current ModernFi board advisors and former regulators, Rodney Hood, former Acting Comptroller of the Currency and former NCUA Chairman, and Gene Ludwig, 27th Comptroller of the Currency, to further deepen ModernFi's compliance and regulatory framework. Through her time working with banks at the FDIC and Promontory, she has gained unique insight into the challenges financial institutions face of managing business risk and evolving technology solutions. "Gale's deep regulatory and industry experience will be invaluable as ModernFi's growth continues to accelerate," said Paolo Bertolotti, Cofounder and CEO of ModernFi. "She brings extensive knowledge of portfolio management, regulatory supervision, and enterprise risk management. We are beyond excited to welcome Gale to the team and for her to continue our focus on advancing our compliance and regulatory affairs within the financial services ecosystem." During her time with the FDIC, she completed Harvard's John F Kennedy School of Government Federal Executive Leadership Program and the FDIC's Women's Executive Leadership Program. Gale holds an MBA from Louisiana Tech University and a bachelor's degree from Black Hills State University. About ModernFi ModernFi empowers financial institutions of all sizes to better serve their communities. Through ModernFi, banks and credit unions can grow, retain, and manage their deposit base by sourcing deposits, sweeping funds, and providing additional security to depositors. Backed by Canapi, Andreessen Horowitz, ICE, and leading banks and credit unions, the firm provides financial institutions with market-leading deposit management built on a modern tech stack and a foundation of compliance. Learn more at modernfi.com. Media ModernFi [email protected]

ModernFi
Jul 30th, 2025
ModernFi Secures $30M Series B Funding

ModernFi announced a $30 million Series B funding round led by Canapi Ventures, with participation from Andreessen Horowitz, Curql, Remarkable Ventures, and new investor Intercontinental Exchange, Inc. This brings ModernFi’s total funding to over $60 million. The investment highlights ModernFi's role in deposit stability and liquidity management for U.S. banks and credit unions, helping them grow deposits and enhance depositor security in a changing banking landscape.

ModernFi
May 21st, 2025
"Create 2025" Summit Recap: Shaping the Future of Credit Unions and Fintechs

Last week, ModernFi, alongside its partners Suncoast and Clutch, had the privilege of hosting the inaugural "Create 2025" summit, a gathering of leading credit unions and fintechs to collaborate on solutions to support a stronger, more innovative credit union ecosystem.

Business Wire
Nov 20th, 2024
Leading Credit Unions Fund ModernFi CUSO to Drive Deposit Growth via the First Credit Union Deposit Network

ModernFi CUSO, the preeminent solution for credit union deposit and member growth, is proud to announce the close of its latest funding with new inves

Business Wire
Aug 29th, 2024
ModernFi Announces Partnership with Tru Treasury to Support Credit Union Growth in Business Banking

ModernFi is thrilled to announce our partnership with Tru Treasury to deliver transformative balance sheet management tools for credit unions.