First Technical Hire - Exciting B2B FIntech co

About Treasury Connect

We are building India’s leading investment & cash management product for corporate treasuries at mid-sized companies and start-ups. Our mission is to help companies earn higher returns on their surplus cash. Our product will help companies conveniently plan cash-flow and invest in a range of safe, liquid investment options. The founder is an alumnus of IIT Madras & Kellogg School of Management with around 12 years of experience in private equity and CFO roles at start-ups.

Market Opportunity

Indian corporates are increasingly looking beyond bank deposits to invest their surplus cash in search of liquidity & higher yields. This is seen in the rapid growth of liquid & money market mutual funds held by corporates since 2015 (22% CAGR) relative to cash in current accounts & bank deposits (9% CAGR). The entire base of cash, bank deposits and debt investments held by Indian corporates is over US$500Bn and growing at ~10-12% annually, which provides a large market to play in.

Finance teams at mid-sized companies/startups tasked with managing surplus cash usually do not have time to research all the available investment options. They still deal with cumbersome data entry and paper/spreadsheet based processes to manage their daily cash flow and investments. We believe we can save finance teams a lot of time in this process and improve their yields by at least 1.5-2% while meeting adequate liquidity and capital safety constraints.

Product

Our initial focus areas are:

• Building SAAS software with ‘robo-advisory’ capabilities for corporates to invest/redeem across various financial instruments such as mutual funds, bonds, bank deposits
• Building core platform for cash-flow analysis in real-time
• Building a scalable core transactional platform that would eventually facilitate hundreds of crores transacting daily

Role & Ideal Candidate

We are looking for a founding engineer who is passionate about building innovative capital markets technology products. As the first technology hire, you will have a lot of freedom to design the technology architecture and build the product from scratch. Needless to say, this role will offer an accelerated career growth trajectory as we scale up and a significant wealth creation opportunity through ESOPs.

Key deliverables over the first 6  months will be:

• Ideate & develop the product from scratch
• Design & implement all aspects of our technology architecture
• Set-up the basic technology infrastructure
• Setting up standards for development and processes for new members
• Hire 1-2 additional members to complete initial technology team

Required Skills/Experience

• BS/MS in Computer Science or equivalent, with solid foundational knowledge in at least two programming languages, data structures, algorithms, system architecture, security and networking protocols
• 5+ years of hands-on software development experience in ecommerce, SAAS or fintech
• Exposure to modern software development processes, multiple front-end and back-end technologies, open source software.
• Exposure to AWS or GCP or any other cloud computing platform would be a bonus.