L2 backend Engineer

Posted 5 Days Ago
Easy Apply
Be an Early Applicant
Hiring Remotely in Bengaluru, Bengaluru Urban, Karnataka
In-Office or Remote
Mid level
Fintech • Payments • Financial Services
Experience a better way to move money
The Role
Own 1–2 critical backend services on the money path. Design robust APIs and data models, ensure production-grade reliability (monitoring, idempotency, rate limiting), reduce latency and operational risk, and collaborate with Product, Ops, Risk, and Infra to improve core system metrics like success rate and reconciliation accuracy.
Summary Generated by Built In
The Problem

OpenFX processes billions of dollars in transaction volume every month across global corridors. Our backend systems power pricing, routing, settlement, reconciliation, compliance, and risk. Every bug, retry, or inconsistency has real financial consequences.

Today, many systems are strained by scale, complexity, and speed of change. We need backend engineers who can build reliable, observable, and correct systems that scale from billions to tens of billions in monthly volume without proportional increases in risk or headcount.

If we do not solve this well, we will either move too slowly or incur expensive production failures.

What You Will Actually Do & Own

In your first 6 to 12 months, you will:

  1. Own 1 to 2 critical backend systems or services that sit on the money path such as pricing engines, transaction orchestration, ledgers, reconciliation pipelines, or partner integrations.
  2. Design APIs and data models that remain correct under retries, partial failures, concurrency, and real world edge cases.
  3. Make systems production grade by implementing monitoring, alerting, idempotency, rate limiting, and clear failure handling.
  4. Reduce operational risk and latency by identifying bottlenecks, race conditions, and failure modes in existing systems.
  5. Work closely with Product, Ops, Risk, and Infra to translate ambiguous business requirements into robust technical solutions.
  6. Improve at least 2 to 3 core system metrics such as transaction success rate, latency, reconciliation accuracy, or incident frequency.
What Success Looks Like

You will be measured on:

  • System correctness and reliability: Services operate with minimal incidents and clear recovery paths when failures occur
  • Production ownership: Issues are detected early via metrics and alerts, not customer complaints
  • Business impact: Backend improvements lead to measurable gains in success rates, cost reduction, or operational efficiency
  • Decision quality: Tradeoffs are deliberate, documented, and defensible
  • System adoption: Internal teams trust and rely on the systems you own
Requirements

Required (Non-negotiable):

  • 3 to 8 years building backend systems in production environments
  • Strong fundamentals in data structures, algorithms, and backend engineering
  • Experience designing APIs and working with relational databases
  • Hands-on experience handling failures, retries, and concurrency
  • Proven ownership of systems beyond initial development
  • Ability to explain technical decisions clearly to non-backend stakeholders

Preferred (Accelerates ramp, not required):

  • Experience in fintech, payments, or high transaction volume systems
  • Exposure to distributed systems and event driven architectures
  • Experience with PostgreSQL, Redis, Kafka, or similar technologies
  • Familiarity with cloud infrastructure and observability tooling
  • Experience mentoring other engineers
Why This Role

Impact: Systems you build will move real money and directly affect revenue, cost, and risk.

Ownership: You own services end to end, from design to production reliability.

Learning: You will work on hard problems involving correctness, scale, and failure handling.

Scope: You will help define backend engineering standards as the company scales.

Access: You will work closely with senior engineering leaders, product, and operations.


Top Skills

Postgresql,Redis,Kafka,Relational Databases,Cloud Infrastructure,Observability Tooling
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: New York, New York
15 Employees
Year Founded: 2024

What We Do

OpenFX is redefining the future of global money movement.

We enable money to flow across borders as effortlessly as data, unbound by time zones, legacy systems, or banking hours. Our FX infrastructure transforms how finance teams operate, delivering cross-border transfers with industry-leading spreads, real-time settlement and 24/7 availability.

We are a team of serial entrepreneurs from Affirm, BofA, Charles Schwab, Goldman Sachs, Intuit, JPM, Kraken, Microsoft, Meta, PayPal, Slack.

Similar Jobs

CrowdStrike Logo CrowdStrike

Servicenow Engineer

Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
Remote or Hybrid
India
10000 Employees

Cloudflare Logo Cloudflare

Account Executive

Cloud • Information Technology • Security • Software • Cybersecurity
Remote or Hybrid
India
4400 Employees

Cloudflare Logo Cloudflare

Account Executive

Cloud • Information Technology • Security • Software • Cybersecurity
Remote or Hybrid
India
4400 Employees

Boomi Logo Boomi

Reporting and Analytics Sr. Advisor

Cloud • Information Technology • Productivity • Software • Automation
Remote
India
2200 Employees

Similar Companies Hiring

Rain Thumbnail
Web3 • Payments • Infrastructure as a Service (IaaS) • Fintech • Financial Services • Cryptocurrency • Blockchain
New York, NY
80 Employees
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees
Scotch Thumbnail
Software • Retail • Payments • Fintech • eCommerce • Artificial Intelligence • Analytics
US
25 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account