Full-Time

Senior Software Engineer

Auto Refi + ASPL

Posted on 10/14/2024

Upstart

Upstart

1,001-5,000 employees

AI lending marketplace connecting consumers and banks

Consumer Software
Fintech

Compensation Overview

$160.4k - $222kAnnually

+ Bonus + Equity Compensation

Senior

Austin, TX, USA + 2 more

More locations: San Mateo, CA, USA | Columbus, OH, USA

Regular onsite collaboration sessions occur roughly once per quarter in Columbus, OH, Austin, TX, or San Mateo, CA.

Category
Full-Stack Engineering
Software Engineering
Required Skills
Kotlin
React.js
Ruby
SQL
TypeScript
Spring
Requirements
  • 7+ years of professional full stack software development experience (We primarily use Kotlin (Spring), Ruby (Rails), and TypeScript (React) but are open to experience with different stacks)
  • 4+ years of professional experience with SQL databases and domain modeling
  • Some experience with a front-end framework like React
  • Excellent written and verbal communication.
  • Ability to execute independently and deliver projects of varying complexity and sizes with minimal direction.
  • Comfortable challenging authority.
  • Preference for face-time and synchronous collaboration.
Responsibilities
  • Lead successful projects working collaboratively with engineering team members and cross-functional partners
  • Make thoughtful architectural decisions to improve the quality of our software
  • Propose and deliver new ideas that achieve meaningful improvements to our team’s metrics
  • Collaborate with stakeholders to find solutions to our most challenging problems

Upstart connects consumers with banks and credit unions through its AI-driven lending marketplace. The platform uses advanced AI models to assess borrower eligibility, allowing over 80% of applicants to receive instant approval without needing to submit documentation. Upstart offers various financial products, including personal loans, automotive loans, home equity lines of credit, and small-dollar relief loans. What sets Upstart apart from its competitors is its focus on providing a fair lending process that does not discriminate based on race, age, or gender, while ensuring a smooth digital experience for users. The company's goal is to make credit more accessible and affordable for everyone.

Company Stage

IPO

Total Funding

$132M

Headquarters

San Mateo, California

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-5%

2 year growth

-16%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recent partnerships with credit unions indicate growing trust in Upstart's AI models.
  • Blue Owl's $2 billion loan acquisition boosts Upstart's liquidity and investment opportunities.
  • Raising $425 million in convertible notes shows strong investor confidence in Upstart.

What critics are saying

  • Rising interest rates may reduce demand for loans on Upstart's platform.
  • Increased competition from AI-driven platforms could erode Upstart's market share.
  • Regulatory scrutiny on AI models may lead to higher compliance costs for Upstart.

What makes Upstart unique

  • Upstart uses AI to approve over 80% of borrowers instantly without documentation.
  • The platform offers diverse financial products, including personal, auto, and home equity loans.
  • Upstart's proprietary underwriting model considers non-traditional variables like education and work experience.

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