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Full-Time

Backend Engineer

Posted on 12/14/2022

Wealthfront

Wealthfront

201-500 employees

Automated investment and wealth management services

Fintech
Financial Services

Compensation Overview

$142k - $169kAnnually

Junior, Mid

Remote

Category
Software Engineering
Required Skills
Agile
MySQL
NoSQL
Apache Spark
SQL
Java
Postgres
Oracle
Requirements
  • Note: This role has the option to be based in Palo Alto CA, Boston MA, or remote (U.S)
  • You have 1-3 years of experience in developing backend components, services or APIs in Java or a similar language. You demonstrate knowledge and understanding of distributed systems and functional programming paradigms. You have knowledge of SQL and experience working with online data stores (ideally something like MySQL, MariaDB, PostgreSQL, Oracle, MS SQL Server but NoSQL is okay)
  • You have passion for agile, test-driven development, continuous integration and automated testing. You also have a passion for working on platforms and backend systems that have measurable business impact and like working in a fast paced cross functional environment
  • You have either a BS or MS in computer science or related field
Responsibilities
  • We are looking for backend engineers to join our core product development teams. You'll work with other engineers to design and build new features or enhance existing features. This work will add capabilities to the various backend systems and services that support Wealthfront's products, and will be done with automated instrumentation and monitoring to require minimal operational maintenance
  • You'll help improve the maintainability and stability of our codebase by fixing issues and adding necessary enhancements to our existing backend systems. You'll ensure that mission critical backend systems and services operate smoothly in production by triaging and resolving operational issues as part of a team of on-call engineers. You'll proactively identify opportunities for improving the reliability and scalability of our systems
  • Additionally, you might play a part in evolving the engineering organization by participating in recruiting activities such as interviewing and attending career fairs and providing mentorship to other engineers on the team
  • Pair you with a mentor who will guide you through our structured onboarding program
  • Encourage you to work on projects that match your professional goals
  • Support your professional development by providing feedback during weekly 1:1s and our semi-annual reviews
  • Provide you autonomy so you can be a happy and successful member of our team
Desired Qualifications
  • While not required, experience working with Spark pipelines is a plus along with knowledge of an ORM technology such as Hibernate. Another plus is working with a dependency injection framework (one of Guice, Spring, Pico, Dagger)

Wealthfront offers a digital platform for wealth management, focusing on helping individuals grow their wealth through automated investment services. Its primary product is a robo-advisor that manages client funds for long-term investment, along with a high-yield cash account and a diversified bond portfolio. Wealthfront stands out by providing an easy-to-use interface and automated services, making financial management accessible to more people. The company's goal is to empower clients to save and invest effectively to achieve their financial goals.

Company Stage

Series G

Total Funding

$263.7M

Headquarters

Palo Alto, California

Founded

2011

Growth & Insights
Headcount

6 month growth

6%

1 year growth

12%

2 year growth

15%
Simplify Jobs

Simplify's Take

What believers are saying

  • Wealthfront's recent expansion into stock trading and bond investing demonstrates its commitment to diversifying its product offerings.
  • The company's achievement of $50 billion in client assets underscores its strong market position and client trust.
  • The high FDIC insurance coverage for cash accounts enhances client security and confidence in the platform.

What critics are saying

  • The competitive landscape in FinTech and wealth management is intense, with major players like Robinhood and Vanguard posing significant threats.
  • Reliance on robo-advisors may deter clients who prefer human financial advisors, potentially limiting market reach.

What makes Wealthfront unique

  • Wealthfront's automated investment platform leverages award-winning robo-advisors, setting it apart from traditional wealth management services.
  • The high-yield cash account offering an industry-leading 5.00% APY is a significant differentiator in the short-term savings market.
  • Wealthfront's diversified bond portfolio provides tax advantages and flexibility, unlike traditional bond investments with locked-in rates and maturity dates.

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Benefits

Free lunches, snacks, coffee

Receive 1:1 mentorship

Caltrain pass, an additional transportation stipend, and relocation bonuses

Monthly wellness reimbursement

Discretionary time off policy and offer 16 weeks of paid parental leave

Comprehensive medical, dental and vision coverage

INACTIVE