Software Engineer

New York, NY, United States • $100k - $150k • 0.75% - 1.15%

Sandbar


Role Location

  • New York, NY, United States

Compensation

  • $100k - $150k
  • 0.75% - 1.15%

Employees

< 10 people

Address

33 Irving Place
New York, NY, 10003, US

Tech Stack

  • Java
  • Rust
  • Kubernetes
  • Docker
  • Bazel
  • Python
  • PostgreSQL
  • React

Role Description

Summary:

Join as an early engineer and build products to prevent money laundering.

Sandbar:

Sandbar is building the next-generation compliance stack with the goal of detecting and exposing money laundering quickly and with fewer resources dedicated by our clients. By law, financial institutions must monitor transactions for illicit activity. However, it takes a lot of time and resources to do this correctly. Roughly $6T is laundered every year and $180B is spent on anti-money-laundering efforts. Less than 1% of these funds are correctly identified, and existing solutions have a false positive rate of over 95%. Consequently, banks and the government must spend extra time and resources on extraneous investigations, taking away resources from finding criminals.

You:

We are looking for engineers who are excited about building a company from the ground up. As one of the first engineering hires, you will be a key driver of technical and architectural decisions that shape the product and company. You'll work in a collaborative environment that moves quickly. You will have access to hands on mentorship to help you develop as an engineer. You'll have a lot of autonomy and freedom. You will learn and touch every part of the stack. We need someone who is comfortable being a Swiss Army knife. As we grow as a company you will be able to determine your own path forward, and build skills you want to develop.

Product:

We will ingest and standardize millions of messy data points coming from our clients. Once we have standardized and ingested the data, we need to build software that can run complex calculations on it, checking for suspicious behavior. If anything is found, our software will surface that to our clients, providing relevant data to enable further investigation in real-time. By providing information accessibility, building intuitive workflows, allowing for custom processing, and curating accurate data, we can achieve our goal of stopping money laundering. In order to do this our software will take advantage of a micro-service architecture. Our main language for the back-end will be Java with the long-term goal to be able to support multiple languages where they may be advantageous. You will have a chance to work in a modern tech stack and learn highly regarded, popular technologies such as Docker, k8s, Spark, gRPC, and Kafka.

Requirements:

  • 1-4 years of professional experience in a rigorous technical environment.
  • Proficiency in at least one statically typed language.
  • Experience with object oriented programming principles.
  • Experience dealing with ambiguous and open-ended problems.

Team:

We’re a collaborative team based in NYC focused on delivering world class software for our clients. Our CEO was an early employee at Brigit, where he joined as the first Operations hire to help the company grow and manage finances, including raise a $25M Series A. Our CCO spent 7+ years at J.P. Morgan where he has been working on the highest-profile money laundering issues in the world. He has set up systems and processes for optimizing investigations there for the past 7+ years. Our CTO has 7+ years of experience building B2B Fintech software. He has built systems that process tens of millions of data points every day and perform complex manipulations and calculations on that data. We recently raised an angel round from current and former founders, executives, and early employees at companies such as Ramp, Better.com, Stripe, Plaid, Google, Remitly, N26, Policygenius, Coinbase, and more.

Benefits:

  • Medical, dental & vision insurance coverage for you (partially covered for your dependents).
  • Unlimited PTO.
  • Commuter benefits.
  • 401k.
  • Health Savings Account (HSA).

Sandbar celebrates diversity and welcomes applications from all backgrounds. Additionally, we value potential and growth, so if you don’t feel that you fulfill all of the criteria, you should still feel comfortable applying, and your application will be considered fairly.

About Sandbar

Our mission is to stop money laundering. By law, financial institutions must monitor transactions for illicit activity. Unfortunately, it takes a lot of time and resources to do this correctly. Roughly $6T is laundered every year and $180B is spent on anti-money-laundering efforts. Only 2-3% of these funds are correctly identified, and existing solutions have a false positive rate of over 95%. Consequently, banks and the government must spend extra time and resources on extraneous alerts, taking away resources from investigating wrongdoing.

Company Culture

Our CEO was an early employee at Brigit, a notable fintech in NYC that raised $25M Series A from Lightspeed, where they joined as the first Operations hire. He has previous experience in VC and finance. Our CCO has worked at J.P. Morgan where he has been working on the highest-profile money laundering issues in the world. He has set up systems and processes for optimizing investigations there for the past 7+ years. Our CTO has 7+ years of experience building B2B fintech software. He has built systems that process millions of data points every day and perform complex manipulations and calculations on that data.

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