Full-Time

Software Development Engineer

Posted on 4/29/2025

DriveWealth

DriveWealth

201-500 employees

B2B financial technology for investment services

Compensation Overview

$170k/yr

Mid

New York, NY, USA

Telecommuting Permitted

Category
Backend Engineering
FinTech Engineering
Software Engineering
Required Skills
Python
Java
Go
Requirements
  • Bachelor’s Degree in Computer Science or a closely related field
  • 3 years of experience in a computing environment with multiple programming languages: Java, and Python
Responsibilities
  • Responsible for the technical design and delivery of new Java/Golang projects using exciting, cutting-edge technology
  • Work with the Broker Dealer Operations teams to support and enhance the trading system
  • Assesses the health and performance of software applications and databases and provides software and technology solutions
  • Defines specifications and develop components, modifies existing software stack, prepares test data, and prepares functional specifications
  • Analyzes service and application performance using various programming languages, tools and techniques
  • Provides guidance to non-technical staff in using software and hardware systems most effectively and efficiently
  • Supports applications with an understanding of system integration, test planning, scripting, and troubleshooting.
Desired Qualifications
  • Understanding of Test Driven Development and how to write unit/integration tests
  • Experience with design and development of REST API platform
  • Experience with NoSQL or SQL databases such as Postgres, and MySQL
  • Knowledge of Messaging Platforms (AMQ, Kafka) and building Async platforms based on such technologies
  • Experience with Unix, and Linux Operating Systems
  • Experience with Scrum and other Agile processes
  • Knowledge of Jira, Git, and Jenkins
  • Experience with a 24x7, highly-available architecture
  • Amazon AWS
  • Experience with analyzing server logs, tracing root causes, and debugging issues to resolution with tools like Sumo Logics, and Coralogix

DriveWealth provides a financial technology platform that allows various businesses, such as banks and digital wallets, to offer investment and trading services to their customers. Their main product is a set of APIs that enable these partners to create both traditional investment processes and new methods, like allowing customers to invest spare change into fractional shares of stocks. What sets DriveWealth apart from its competitors is its focus on a B2B model, which allows a wide range of clients to easily integrate investment options into their existing services. The company's goal is to make investing accessible and seamless for consumers through partnerships with other financial institutions.

Company Size

201-500

Company Stage

Series D

Total Funding

$552.8M

Headquarters

Jersey City, New Jersey

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • DriveWealth's expansion into fixed income and mutual funds broadens its market reach.
  • The $450M investment accelerates global expansion and enhances embedded investing technology.
  • Partnerships with companies like Papara increase DriveWealth's user base and market presence.

What critics are saying

  • Increased competition from fintech startups may erode DriveWealth's market share.
  • Regulatory scrutiny on fractional trading could lead to higher compliance costs.
  • Reliance on third-party partnerships exposes DriveWealth to operational and financial risks.

What makes DriveWealth unique

  • DriveWealth pioneered fractional equities trading, setting it apart in the fintech industry.
  • The company offers Brokerage-as-a-Service, enabling seamless integration for financial institutions.
  • DriveWealth's API-based platform supports innovative investment techniques like purchase round-ups.

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

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

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Funds Magazine
Apr 5th, 2025
DriveWealth Launches Fixed Income and Mutual Funds Trading Worldwide - PR Newswire

DriveWealth launches fixed income and mutual funds trading worldwide - PR newswire.

Stock Titan
Feb 20th, 2025
DriveWealth Expands Overnight Coverage to Include Multiple Venues to Support 24-hour Trading Cycle

NEW YORK-(BUSINESS WIRE)- DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, today announced the expansion of its overnight trading capabilities through a collaboration with OTC Markets Group Inc. (OTCQX: OTCM), an operator of regulated markets for U.S. equity securities.

Finovate
Jan 27th, 2025
DriveWealth and Moment Team Up to Lower Barriers to Fixed-Income Investing

New Jersey-based DriveWealth won Best of Show at FinovateEurope 2016 in London.

Linqto
Jan 22nd, 2025
DriveWealth News: DriveWealth Partners With Moment Technology

DriveWealth Unicorn News - January 22, 2025 DriveWealth has partnered with Moment Technology Inc. to expand its fixed-income asset class offerings, making the bond market more accessible to retail investors by removing high investment thresholds.

Securities Finance Times
Oct 21st, 2024
Sharegain collaborates with DriveWealth to unlock securities lending

Sharegain has partnered with financial technology platform DriveWealth to open up new opportunities in securities lending for online brokers globally.

INACTIVE