Full-Time

Senior Software Engineer

Fullstack

Confirmed live in the last 24 hours

ModernFi

ModernFi

11-50 employees

Advisory services for funding markets management

Fintech
Financial Services

Senior

New York, NY, USA

Category
Full-Stack Engineering
Software Engineering
Required Skills
Python
AWS

You match the following ModernFi's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Proven experience designing, building, and maintaining backend systems, with a strong understanding of software engineering principles.
  • Tangible experience in independently designing, developing, and delivering high-quality, lasting code.
  • Demonstrated ability to work effectively in a team environment, providing mentorship and contributing to shared goals.
  • Comfortable working in a fast-paced environment with shifting priorities and ambiguity, maintaining positivity and focus.
  • Ability to clearly explain technical concepts to both technical and non-technical audiences.
  • 4+ years of experience in software engineering, with exposure to building systems in Python, AWS, or other modern technologies.
Responsibilities
  • Develop maintainable, scalable, and reliable backend services to support ModernFi’s core products and integrations with financial partners.
  • Contribute to and uphold engineering standards such as code quality, testing, documentation, and CI/CD pipelines.
  • Collaborate with cross-functional teams to understand feature requirements, define technical specifications, and deliver business-critical features.
  • Work with other engineers by providing constructive feedback during code reviews and contributing to design discussions.
  • Tackle challenging technical problems, delivering solutions that are both innovative and pragmatic.
  • Help foster a culture of collaboration, learning, and technical excellence.
Desired Qualifications
  • Excited by the prospect of working on products that impact financial institutions and their communities.
  • Trustworthy, empathetic, and calm under pressure.

ModernFi focuses on funding markets and asset liability management in the banking sector by allocating funds to FDIC-member banks. It provides institutional clients, such as banks and financial institutions, with insights and strategies to manage their funding needs and optimize balance sheets. Unlike traditional banks, ModernFi generates revenue through advisory services and various fees, helping clients navigate complex financial markets. The company's goal is to simplify financial complexities and add value through specialized knowledge and strategies.

Company Size

11-50

Company Stage

Series A

Total Funding

$26.9M

Headquarters

New York City, New York

Founded

2022

Simplify Jobs

Simplify's Take

What believers are saying

  • 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.

What critics are saying

  • 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.

What makes ModernFi unique

  • 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.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

15%

1 year growth

4%

2 year growth

0%
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.

Elk Valley Times
Jul 10th, 2024
ModernFi and Members Development Company Announce Partnership to Support the First Deposit Network for Credit Unions

ModernFi, the leading technology provider for deposit management, has partnered with Members Development Company (MDC) to create the first deposit network for credit unions.

FF News
Jun 3rd, 2024
Modernfi Announces Integration With Q2'S Digital Banking Platform

ModernFi, the first fully integrated and API-driven deposit network, today announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. This end-to-end integration, bringing sweep and reciprocal programs directly into digital banking, aims to eliminate friction for depositors and bank operating teams and drive adoption of these crucial programs throughout the industry.Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for financial services. As part of the Q2 Partner Accelerator Program, financial institutions will be able to offer ModernFi’s digitally integrated insured sweep accounts to provide their highest-value customers extended deposit insurance via the Q2 Digital Banking Platform. ModernFi helps financial institutions strengthen the insured composition of their balance sheets and compete for depositors that might otherwise go to the largest competitors or leave the banking sector entirely.ModernFi’s integration with the Q2 Digital Banking Platform offers an attractive, non-rate solution for financial institutions to grow deposits and bolster the strength of their balance sheets, a top concern for both banks and credit unions. The integration is key for financial institutions that are used to running these under-utilized sweep and reciprocal programs manually through paperwork, phone calls, and emails

Yahoo Finance
Jun 3rd, 2024
Modernfi Announces Integration With Q2'S Digital Banking Platform

Through ModernFi’s first-of-its-kind fully integrated deposit network, banks and credit unions can now offer accounts with extended deposit insurance directly through Q2’s Digital Banking Platform to help grow, retain, and manage their deposit base.NEW YORK, June 03, 2024--(BUSINESS WIRE)--ModernFi, the first fully integrated and API-driven deposit network, today announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. This end-to-end integration, bringing sweep and reciprocal programs directly into digital banking, aims to eliminate friction for depositors and bank operating teams and drive adoption of these crucial programs throughout the industry.Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for financial services. As part of the Q2 Partner Accelerator Program, financial institutions will be able to offer ModernFi’s digitally integrated insured sweep accounts to provide their highest-value customers extended deposit insurance via the Q2 Digital Banking Platform. ModernFi helps financial institutions strengthen the insured composition of their balance sheets and compete for depositors that might otherwise go to the largest competitors or leave the banking sector entirely.ModernFi’s integration with the Q2 Digital Banking Platform offers an attractive, non-rate solution for financial institutions to grow deposits and bolster the strength of their balance sheets, a top concern for both banks and credit unions. The integration is key for financial institutions that are used to running these under-utilized sweep and reciprocal programs manually through paperwork, phone calls, and emails