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Full-Time

Senior Backend Software Engineer

Boston

Confirmed live in the last 24 hours

Lendbuzz

Lendbuzz

201-500 employees

Provides auto loans for international students

Data & Analytics
Automotive & Transportation
Fintech
AI & Machine Learning
Financial Services

Compensation Overview

$150k - $165kAnnually

Senior, Expert

Boston, MA, USA

Category
Backend Engineering
Software Engineering
Required Skills
Python
Git
Postgres
Linux/Unix
Requirements
  • 6+ years of hands-on experience as a professional software engineer
  • A Master's degree in Computer Science or a strong foundation in CS
  • Expertise in Python, demonstrating mastery in its application
  • Proficient in managing relational databases and transactions, particularly with PostgreSQL
  • Fluent in navigating the Linux command-line and adept in using utilities like grep and find, as well as proficient in git
  • Excellent written communication skills essential for effective collaboration and documentation
Responsibilities
  • Build the development of backend infrastructure right from the ground up
  • Embrace continuous learning across both technical and business domains to ensure a well-rounded perspective
  • Strive for versatility, avoiding being pigeonholed into a single role
  • Collaborate closely with the engineering team to build a robust architecture and system designs for new products
  • Drive the creation of internal tools and seamless integration with external APIs
  • Play a pivotal role in the expansion, testing, and release of products, making a tangible impact on thousands of customers
  • Mentor and support junior team members, fostering their growth and development

Lendbuzz provides auto loans specifically designed for international students and professionals in the United States who may struggle to secure financing through traditional lenders. The company uses advanced data analytics and machine learning to evaluate the creditworthiness of borrowers, focusing on a wider range of financial and personal data rather than just credit scores. This approach allows Lendbuzz to cater to a niche market that is often overlooked by conventional financial institutions. Borrowers can apply for loans online, verify their information easily, and sign documents digitally, making the process user-friendly. Lendbuzz earns revenue by charging interest on loans and may also receive fees from car dealerships for facilitating the loan process. The goal of Lendbuzz is to make auto financing more accessible to those who typically face challenges in obtaining loans.

Company Stage

N/A

Total Funding

$1.5B

Headquarters

Boston, Massachusetts

Founded

2015

Growth & Insights
Headcount

6 month growth

13%

1 year growth

23%

2 year growth

67%
Simplify Jobs

Simplify's Take

What believers are saying

  • Securing $100 million from Japan's largest bank and a $330 million forward flow agreement with AB CarVal Funds indicates strong financial backing and growth potential.
  • The company's innovative use of AI and alternative data allows it to serve a broader range of customers, potentially leading to higher market penetration.
  • Recent asset-backed securitizations, including a $219 million deal, demonstrate Lendbuzz's ability to attract significant investment and expand its loan offerings.

What critics are saying

  • The reliance on advanced data analytics and machine learning models may pose risks if these technologies fail to accurately assess creditworthiness.
  • The niche focus on international students and professionals could limit market size and growth opportunities.

What makes Lendbuzz unique

  • Lendbuzz leverages advanced data analytics and machine learning to assess creditworthiness, unlike traditional lenders that rely heavily on credit scores.
  • The company specifically targets international students and professionals, a niche market often underserved by conventional financial institutions.
  • Lendbuzz's seamless, user-friendly online application process sets it apart from more cumbersome traditional loan procedures.

Benefits

Dental & health insurance

401(k)

Company outings

Fitness center

Unlimited PTO

Stocked kitchen

Company issued hardware

Cool swag

Flexible working hours