Lead Engineer - Java
NIRA
Software Engineering
Bagalur, Tamil Nadu, India
Posted on Monday, August 28, 2023
NIRA is a new fintech venture, on a mission for financial inclusion. Our vision is a world where everyone can get access to credit in a manner that is fast, frictionless and fair. This statement of intent guides all our decisions and strategy. We are planning to launch in Q1 2018.
Currently, only 10% of Indians can use banks when they need credit: banks typically require a high credit score or collateral, something most people don't have. Thus, the majority of Indians are forced to use informal channels, including money lenders, which can result in them incurring very high interest rates which may lead to financial and emotional distress. It need not be this way. Using a combination of traditional data and the vast amount of digital data available, it is now possible to score the unscored. We want to reimagine the way loans are underwritten and bring access to credit to millions of underbanked in India. We can economically empower them to have greater control of their lives and provide downside protection in difficult times.
We are addressing head-on a big challenge. It's also a great opportunity from both a commercial and societal impact perspective. We can improve lives for millions. It is no exaggeration to say that our addressable market will be 400mm within 5 years. It's pretty exciting we think.
If our mission resonates with you, and you are a talented and hardworking individual that wants to commit yourself to an incredible yet surmountable challenge, then we want to hear from you.
You’ll work directly with the founders and share the responsibility to ensure the alignment of the technology strategy with the long term goals of the business. Within a small team of developers, you’ll facilitate the in house migration of product from software development partners, manage business continuity and enhance the back-end architecture during the expansionary phase.
Your Work Will Involve
Currently, only 10% of Indians can use banks when they need credit: banks typically require a high credit score or collateral, something most people don't have. Thus, the majority of Indians are forced to use informal channels, including money lenders, which can result in them incurring very high interest rates which may lead to financial and emotional distress. It need not be this way. Using a combination of traditional data and the vast amount of digital data available, it is now possible to score the unscored. We want to reimagine the way loans are underwritten and bring access to credit to millions of underbanked in India. We can economically empower them to have greater control of their lives and provide downside protection in difficult times.
We are addressing head-on a big challenge. It's also a great opportunity from both a commercial and societal impact perspective. We can improve lives for millions. It is no exaggeration to say that our addressable market will be 400mm within 5 years. It's pretty exciting we think.
If our mission resonates with you, and you are a talented and hardworking individual that wants to commit yourself to an incredible yet surmountable challenge, then we want to hear from you.
You’ll work directly with the founders and share the responsibility to ensure the alignment of the technology strategy with the long term goals of the business. Within a small team of developers, you’ll facilitate the in house migration of product from software development partners, manage business continuity and enhance the back-end architecture during the expansionary phase.
Your Work Will Involve
- Build highly scalable Java based applications
- In the 1st phase, understand the first product that has been built externally; iterate and optimise it based on customer feedback
- In the next phase, work on introducing pivotal new features in the existing product
- Contribute to instating the early internal security policies
- Contribute in building the initial data infrastructure to process and consume the growing streams of data
- In the final phase, build and launch new products that encompass the multiple financial services requirements of the end user on a single platform
- Proficiency in Java; at least two years of professional experience (preferably in a consumer product startup)
- 1-2 years of experience in software development on the AWS Lambda micro-services architecture and NoSQL databases is mandatory
- Familiarity with multiple layers of infrastructure and application stack - UI, application layer, database
- Comfortable dealing with operational aspects like reporting, and infrastructure sizing
- Preferably have experience with interfacing with external systems like Aadhaar, CIBIL, Social network sites, payment gateways etc.
- Need to be high energy and be able to work under pressure. This is going to be a demanding job. Our expectations are high.
- Graduate from an upper tier university
- Be excited about the power of technology to transform finance for the better!
