Upstart is a leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstart's AI marketplace, Upstart-powered banks and credit unions can have higher approval rates and lower loss rates across races, ages, and genders, while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than two-thirds of Upstart loans are approved instantly and are fully automated.
Upstart is a digital-first company, which means that most Upstarters live and work anywhere in the United States. However, we also have offices in San Mateo, California; Columbus, Ohio; and Austin, Texas.
Most Upstarters join us because they connect with our mission of enabling access to effortless credit based on true risk. If you are energized by the impact you can make at Upstart, we’d love to hear from you!
The Team
Upstart’s Small Dollar Loan team aims to put an end to payday lending by using superior AI and automation to drive down the cost of lending small dollar amounts over short periods of time. Did you know that 49% of Americans don’t have the cash reserves to cover a $400 emergency and traditional payday lenders can charge up to 400% APRs? At Upstart we took a first principles approach to providing borrowers small loan amounts, $250-$2,500, over short periods of time, 3-18 months, with an affordable APR, up to 36%. The Small Dollar Loan team is looking for an engineer passionate about making a difference in the lives of millions of Americans every day!
As the Principal Engineer at Upstart, you will collaborate with all parts of the Small Dollar business and Upstart engineering teams, including Machine Learning, Data Engineering, Product Management, Product Design, Platform, Servicing, Lending Partnerships, and Capital Markets. The role will report directly to a Director of Engineering and work closely with the Small Dollar Loan engineer team, focusing on driving down operational and servicing costs.
Position Location - This role is available in the following locations: Remote, San Mateo, Columbus, Austin
Time Zone Requirements - This team operates on the East/West Coast time zones.
Travel Requirements - As a digital first company, the majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S but are encouraged to to still spend high quality time in-person collaborating via regular onsites. The in-person sessions’ cadence varies depending on the team and role; most teams meet once or twice per quarter for 2-4 consecutive days at a time. Upstart will cover all travel related expenses.
How you’ll make an impact:
Create Northstar architectures for Small Dollar Loan post originations flow
Align with the servicing vertical team’s technical vision
Build core high leverage components and patterns to unlock high quality execution from engineering teams
Collaborate with cross functional stakeholders to solve business problems.
Mentor engineers.
Move the Upstart technology platform forward
What we’re looking for:
Minimum requirements:
10 years software engineering experience
Strong technical and software engineering fundamentals including a demonstrated ability to build and own large-scale, highly available consumer products
Ability to explain complex business and technical concepts to all audiences
Experience leading large cross-team initiatives at companies that have gone through periods of rapid business or organizational growth
Track record of successfully mentoring and developing technical leaders
Preferred qualifications:
Defined and executed on longer term (multi-quarter ) technological visions or strategies for multi-team organizations
Driven initiatives of significant depth or breadth with demonstrated results in engineering process, technology platforms, or overall productivity of others
Ability to identify gaps in organizational knowledge, tools, and practices and produce and execute on plans to address those gaps
Ability to influence and lead without direct authority
Strong product and analytical mindset that allows you to think in terms of ROI, risk, and trade offs
Excellent written and verbal communication
Highly autonomous and proactively finds the most impactful projects to work on
What you'll love:
Competitive Compensation (base bonus & equity)
Comprehensive medical, dental, and vision coverage with Health Savings Account contributions from Upstart
401(k) with 100% company match up to $4,500 and immediate vesting and after-tax savings
Employee Stock Purchase Plan (ESPP)
Life and disability insurance
Generous holiday, vacation, sick and safety leave
Supportive parental, family care, and military leave programs
Social activities including team events and onsites, all-company updates, employee resource groups (ERGs), and other interest groups such as book clubs, fitness, investing, and volunteering
Catered lunches snacks & drinks when working in offices
At Upstart, your base pay is one part of your total compensation package. The anticipated base salary for this position is expected to be within the below range. Your actual base pay will depend on your geographic location–with our “digital first” philosophy, Upstart uses compensation regions that vary depending on location. Individual pay is also determined by job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.
In addition, Upstart provides employees with target bonuses, equity compensation, and generous benefits packages (including medical, dental, vision, and 401k).
United States | Remote - Anticipated Base Salary Range
$180,600—$250,000 USD
Upstart is a proud Equal Opportunity Employer. We are dedicated to ensuring that underrepresented classes receive better access to affordable credit, and are just as committed to embracing diversity and inclusion in our hiring practices. We celebrate all cultures, backgrounds, perspectives, and experiences, and know that we can only become better together.
If you require reasonable accommodation in completing an application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please email [email protected]
https://www.upstart.com/candidate_privacy_policy
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Engineering and Information Technology
Industries
Financial Services
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