Software Engineer

Software Engineer (Frontend) Location: Bangalore Reporting Line: Head of Engineering At WeRize we are building India s largest financial services brand for the 500 Mn lower middle-income customers in 4000+ small cities (which we call India 4 ). This customer segment has very little penetration of formal loans, insurance or saving products as existing financial service players see this segment as risky and non-profitable. We have created custom lending, insurance and saving products that are tailor-made to serve the needs of India-4 customers. To reach these customers at low CAC, we have built a proprietary tech enabled offline-to-online social distribution channel where we have onboarded thousands of financially literate free-lancers such as LIC agents and junior financial sector employees in 1000+ cities. Our fully automated social partner app is available in 6 Indian languages and helps us manage these partners remotely without any physical presence. The general perception is that this customer segment is highly risky and non-lendable. We are happy to share that we have been able to maintain near 0% default rates despite Covid19 . Our proprietary ML based family underwriting where we evaluate the P&L of the family and give a joint liability family loan has helped us maintain these low default rates. We have achieved Operational profitability and are on-track to reach EBITDA+ by end of 2021 Fund Raise Funds Raised: $10.25 million Stage: Series A Investors: - Kalaari Capital (Indian VC with $850MN AUM and investments such as Myntra, CureFit, Dream11, ElasticRun) - Picus Capital Our investors valued the founding team's vision, experience, and depth of understanding of this segment resulting in this fund raise (Fund run by Alexander Samwer- Co-Founder of Rocket Internet that had multiple billion Dollar + exits/IPOs - Lazada, Jumia, DeliveryHero) - 3one4 Capital (Early-Stage Fund with $250Mn AUM and companies such as Bank.Open , Licious , Jupiter Neobank in its portfolio) - Orios Ventures (Early-stage fund with companies like Ola, Pharmeasy and Go Mechanic in its portfolio) Leadership Team: Vishal Chopra, Co-Founder & CEO: - Ex-CBO Lendingkart India s largest Fintech Lender ($150Mn+ fund raise) - Fist hire of Amazon India - part of the leadership team that launched - Regional Director, - largest e-commerce player in the Middle East. Raised $425Mn, acquired by Amazon - MBA, ISB Hyderabad Himanshu Gupta, Co-Founder & COO: - Ex-VP and Head of Data Science, Lendingkart created AI/ML models and maintained NPAs < 2% vs 8% industry avg - Data Scientist, IHS Markit - BTech, IIT Delhi - 10+ years experience in AI/ML Founding Team: Head of Collections: South India Head-Collections, Bajaj Finance; managed 800-member team Head of Product: BTech, IIT Kanpur; Product Leader at Lendingkart and Flipkart Head of Technology: Btech CS, IIT Kanpur; Tech Leader at Paytm and Medlife Head of Business: Operations Leader, Lendingkart Head of Marketing: Head of Acquisition Marketing, Meesho Head of Credit Ops: Regional Head, HDB Role Description We are looking for a passionate individual contributor to join us as part of core engineering team and help us in building our products and platform from scratch. The potential candidate would be part of a strong tech team to help us disrupt the Indian consumer fintech space. You will be responsible for the full product lifecycle including requirements analysis, design, implementation, testing, deployment and post-deployment monitoring. Basic Qualification years of strong individual contributor experience as a software engineer Strong knowledge of vanilla HTML5, CSS3.0 and Javascript BS/MS or higher degree in computer science, computer engineering, or related work experience Knowledge of data structures/algorithms Strong knowledge in ReactJS and related technologies Following are some of the attributes we are looking for: Experience of working with large and cutting edge internet startups and firms Excellent communication skills in both written and verbal communication A strong desire to break the code and find hidden bugs before customers find them in production Strong sense of ownership, solid work ethic and a responsible team player What's on offer Opportunity to be part of the core engineering team of a promising startup solving one of the biggest business opportunities in India Unique opportunity in building a fintech business from scratch using most of the related technologies and integration with major players Opportunity to experiment with latest technologies and develop full-fledged product using them Stock options Competitive salary