Simplify Logo

Full-Time

Software Engineer

Confirmed live in the last 24 hours

DriveWealth

DriveWealth

201-500 employees

API platform for fractional equities trading

Data & Analytics
Consulting
Fintech
Quantitative Finance
Financial Services
Real Estate

Compensation Overview

$180k - $185kAnnually

Junior, Mid

New York, NY, USA

Category
Backend Engineering
FinTech Engineering
Software Engineering
Required Skills
Kubernetes
Java
REST APIs
Requirements
  • Must have a Master’s Degree in Computer Science, Digital Sciences, Computer Engineering, Electronics Engineering, or Information Systems Engineering and Management
  • skills and knowledge of J2EE, Spring Boot, Apache POI API, Spring Security, Kubernetes, and Microservices
Responsibilities
  • Design, develop, and implement software applications for financial and trading systems management applying J2EE, Spring Boot, and Apache POI API
  • Analyze software architecture and technical specifications for Java-based software using Core Java, Objected Oriented Programming, Design Patterns, and Kubernetes
  • Design and upgrade unit and integration tests of new software applications
  • Troubleshoot and debug software System Design issues
  • Optimize APIs applying Restful API, Java 8, API Design, and Micro Services

DriveWealth is a preferred employer for those passionate about the convergence of finance and technology, offering advanced fractional equities trading and embedded investing solutions. The company's use of patent-pending Fracker® technology and robust trading platforms demonstrates a strong commitment to technical excellence and industry leadership in financial technologies. Their environment fosters continuous innovation and provides institutional-grade brokerage capabilities, making it an ideal workplace for forward-thinking professionals.

Company Stage

Series D

Total Funding

$576.7M

Headquarters

Jersey City, New Jersey

Founded

2012

Growth & Insights
Headcount

6 month growth

1%

1 year growth

2%

2 year growth

-3%
Simplify Jobs

Simplify's Take

What believers are saying

  • DriveWealth's recent executive hires from Morgan Stanley bring deep industry expertise, potentially accelerating product innovation and market expansion.
  • The partnership with Papara opens up a significant market in Turkey, potentially driving substantial user growth and revenue.
  • The company's ability to offer fractional shares with low minimums can attract a younger, tech-savvy demographic, fostering long-term customer loyalty.

What critics are saying

  • The rapid expansion and multiple new executive hires could lead to integration challenges and strategic misalignment.
  • DriveWealth's reliance on partnerships for market access means any disruption in these relationships could significantly impact its business.

What makes DriveWealth unique

  • DriveWealth's Brokerage-as-a-Service model allows partners like Papara to offer fractional investing, making it accessible to a broader audience.
  • The company's focus on real-time market data and low minimum investments democratizes access to U.S. equities for international retail investors.
  • Strategic partnerships, such as with Blue Ocean Technologies, extend DriveWealth's trading capabilities to a 24-hour cycle, setting it apart from traditional brokerage firms.

Benefits

Insurance – Medical, Dental, Vision, Life, LTD & STD. HSA and FSA options.

Unlimited PTO

401k plan

Flexible working hours and work from home

Continuing education and conferences reimbursement

Fitness/Wellbeing reimbursement

Home Office stipend

Lunch program, snacks and beverages available in the office