WealthfrontWE

Backend Engineer

We're on a mission to build a financial system that favors people, not institutions. We’re building a financial services company so you can design the life you want and make it happen.

Wealthfront

Employee count: 201-500

Salary: 140k-185k USD

United States only
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*This role supports US-based remote work, or Palo Alto, CA based hybrid in-office.

About Wealthfront Engineering

Wealthfront’s culture centers around continuous learning, innovation, and quality-driven software development. With high quality software as our ultimate engineering objective, our key tactic is automation:
Wealthfront software automates the financial services we provide to our clients, and within these services we automate the collection of data that we learn from on our way to making our services even better.
Wealthfront engineers function as builder/operators, with dual responsibility for building the system and operating it in production. Any toil that this brings about is automated away by engineers. This investment in automation is expected, and the prioritization of it is always built into our planning and execution.
Wealthfront engineers automate our development processes. For example, Wealthfront engineers automate all of our testing. Manual testing is not part of the software development lifecycle at Wealthfront.
Wealthfront engineers automate observability in case of failure. If something is up, our systems inform engineers appropriately. If our systems are quiet, they are healthy.
If you are drawn to being an engineer within such an environment, and having outsized impact as an engineer at a magnitude that is only available within a company achieving greatness at our size (~250 employees, half in engineering), then we want to hear from you!

About the Role

  • 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.

About You

  • You have 2-6 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.
  • 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).
  • You have either a BS or MS in computer science or related field.

Once you join, Wealthfront will:

  • 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
Estimated annual salary range: $140,000 - $185,000 USD plus equity and a discretionary bonus.
Benefits include medical, vision, dental, 401K plan, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more!

About Wealthfront

Wealthfront started with the ambition to transform the investment advisory business, with the goal to unlock access to high quality investment advice for millions who were underserved by the traditional institutions. We built one of the first automated investment products that allows you to invest in a personalized portfolio of thousands of companies in seconds for a remarkably low fee. We then expanded. We now work with partner banks to offer exceptional banking features through a Wealthfront Brokerage Cash Account, which makes it remarkably easy for people to automate their finances end-to-end and eliminated the hassle of money management, all of which resulted in attracting more than $50 billion of our client’s hard earned money, pioneering the robo-advisor category and transforming the broader industry. And yet, we have a long way to go to achieve our mission to build a financial system that favors people, not institutions.
Wealthfront’s vision is to make it delightfully easy to build long-term wealth on your own terms. This vision is more relevant than ever because millions more people are getting into the market early and investing their hard earned savings in a handful of stocks. While this is a great way to start, it is inconsistent with building long-term wealth. We want to empower young investors to expand their horizon, and easily explore and execute on a wider range of investing strategies, make informed investment decisions that are consistent with their values and beliefs while also making it effortless to grow and compound their savings exponentially in a way that’s transformational to their lives and their long-term future.
For more information please visit www.wealthfront.com.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Please review ourcandidate privacy notice.

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About the job

Apply before

Aug 02, 2024

Posted on

Jun 03, 2024

Job type

Full Time

Experience level

Mid-level

Salary

Salary: 140k-185k USD

Location requirements

Hiring timezones

United States +/- 0 hours

About Wealthfront

Learn more about Wealthfront and their company culture.

View company profile

We make it delightfully easy to build wealth. Which isn’t usually the case. Because other companies aren’t looking out for you, long-term.

If you try to do things yourself, you’re never sure if you’re making the right decisions.

If you use advisors, you’re never sure whether they’re making the best decisions for you... or for themselves.

Wealthfront levels the playing field. Because everyone deserves an equal chance to succeed.

Here’s how it all started. Meet Andy.

After a successful career as the co-founder of VC firm Benchmark Capital, Wealthfront co-founder Andy Rachleff kicked back into a relaxed retirement*.

Teaching technology entrepreneurship courses at Stanford Graduate School of Business.

Partnering with his wife and the Damon Runyon Cancer Research Foundation to fund novel cancer research projects.

Sitting on the University of Pennsylvania Board of Trustees, his alma mater, where he was Vice Chairman of the university’s endowment investment committee.

At Stanford, entrepreneurs and students alike came to him for investing advice. But he often couldn’t recommend the services he used because the minimums were too high — especially for students.

He saw a need to democratize access to sophisticated investment products.

Meanwhile at U Penn, Andy found that even the best-managed endowments in the world relied on spreadsheets, outdated tools, and manual calculations. It turned out that even high-end investors needed an upgrade.

Andy’s tech expertise led to a breakthrough notion:

Software could make investing easier and better for more people.

Meet Dan Carroll.

Around this time, Dan Carroll was visiting his parents outside Chicago. They’d been hit hard by the financial crisis of 2008, and Dan, a former trader, was helping them assess the damage. He opened a statement from their financial advisor and was horrified.

He knew the deal — financial advisors make 90% of their revenue from the top 20% of their clients.

People like his parents didn’t get the attention they deserved — that they paid for.

It was clear to him most people didn’t have access to good financial advice.

And he decided to do something about it.

So he started tinkering with a few solutions. He eventually built a prototype that got some traction, and even got the attention of a lecturer at Stanford.

That’s when Andy called Dan.

But no, this isn’t the point in the story when Wealthfront was born. Dan thought VCs were [bleep], so he didn’t call back. He wasn’t about to sell out.

He was on a mission to do good.

Andy persisted, however, and eventually tracked Dan down. He explained that he’d already had a wildly successful career, so he wasn’t in it for greed. He simply wanted more people to have the same investing advantages that he had.

The two realized they not only shared a mission — to help democratize access to sophisticated financial advice — they agreed that software could unlock great investing for everyone. So they gathered some of the best technical minds they knew.

That was the day Wealthfront was formed.

Employee benefits

Learn about the employee benefits and perks provided at Wealthfront.

View benefits

Discretionary time off policy

We work hard, but we rejuvenate too.

Retirement benefits

401(k) to help you invest in your future.

Equity benefits

Equity, so you are rewarded for your best work.

Paid parental leave

We offer 16 weeks of paid parental leave (both parents).

View Wealthfront's employee benefits
Claim this profileWealthfront logoWE

Wealthfront

Company size

201-500

Founded in

2008

Chief executive officer

David Fortunato

Employees live in

View company profileVisit wealthfront.com

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