Director of Engineering, Upstart

Growth

Salary not provided
Expert level
Remote in US
Upstart

AI lending marketplace

Job no longer available

Upstart

AI lending marketplace

1001+ employees

B2CMarketplaceLendingFinancial Services

Job no longer available

Salary not provided
Expert level
Remote in US

1001+ employees

B2CMarketplaceLendingFinancial Services

Company mission

To enable effortless credit based on true risk.

Role

Who you are

  • 10+ years of software engineering experience including 2+ years leading multiple engineering teams, a demonstrated ability to build, manage, motivate high-performing and distributed teams
  • Experience leading successful growth engineering teams in fast paced and iterative environments
  • Strong technical and software engineering fundamentals including deep knowledge of growth and marketing technologies and strategies

Desirable

  • Bias for action. Sound judgment in maintaining a balance between building high-quality products and moving fast
  • Excellent written and verbal communication skills. Able to explain complex business and technical concepts to all audiences
  • Comfortable being hands-on and leading from the front to maintain a firm grasp of the details, and provide direct oversight and problem-solving leadership
  • Experience leading teams at companies that have gone through periods of rapid business or organizational growth

What the job involves

  • Establish and guide Growth Software Engineering principles and technical vision
  • Build and develop a high performing team of engineering leaders and engineers who operate with high standards and an outsized sense of ownership
  • Operationalize the process of reporting on key success metrics that capture operational health, engineering efficiency, and product performance
  • Partner with peers in engineering to lead and drive continuous process improvements and innovation with a heavy bias towards automation
  • Collaborate with cross-functional partners to develop medium and long-term roadmaps and drive key prioritization decisions
  • Lead the Growth Software Engineering vision, architecture, strategy and roadmap,
  • Partner with our recruiting team to attract a diverse team of exceptional engineers,
  • Coach individuals and managers through career and skill development
  • Partner with product management, software engineering teams, and other internal stakeholders to set the technical roadmap for our core platform and services

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Business startups across the world usually seek out funding, but this is often difficult for companies led by millenials. Millennial entrepreneurs with an excellent track record in business are increasingly requiring access to these loans, but their lack of credit history results in proposals frequently being declined.

Upstart provides loans that are aimed towards the target audience of millennials with entrepreneurial intentions, offering low interest rates that average at 12%. The company claims these rates are 10% lower than traditional lenders, and the service aims towards ensuring that the client is subject to no further fees (such as prepayment penalties).

Upstart claims that its unique selling point lies in the fact that its loans are funded the day after approval. Whilst the service focuses on personal loans for business, the company has also expanded to offer loans for car refinancing. Over 2022 and 23, Upstart's stocks fell dramatically and an investigation was undertaken by a law firm representing the company's long-term investors over alleged security law violations by its board of directors. However, the end of 2023 saw a 20% stock value rise for Upstart after its partnership with Mutual Security Credit Union led to a rise in customers, indicating that it is on the up after a difficult two years.

Insights

Top investors

Few candidates hear
back within 2 weeks

-16% employee growth in 12 months

Company

Funding (last 2 of 6 rounds)

Apr 2019

$50m

SERIES D

Mar 2017

$32.5m

SERIES D

Total funding: $135.7m

Company benefits

  • Comprehensive health plans
  • 401k Plan
  • Life insurance
  • Disability insuranc
  • Generous vacation policy
  • Flexible time off
  • Parental leave
  • Technology equipment budget
  • Personal development budget
  • Various clubs and extracurricular activities
  • Catered lunches
  • Fully-stocked micro-kitchen

Company values

  • Every second counts
  • Do the right thing even when it's hard
  • Make clever use of numbers
  • Be smart and know you might be wrong
  • Don't assume it can be done

Company HQ

South San Mateo, San Mateo, CA

Founders

David Girouard

(CEO)

They started their career at Accenture and Booz Allen & Hamilton before working in Product Management at Apple and Virage. They left their role of 8 years as President of Enterprise at Google to found Upstart in March 2012.

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