Vacancy description
openfx
India, Bengaluru
Engineering Manager - Banking in Bengaluru, India is listed on Jobeax. Browse 30,000+ vacancies available.
OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. Our stellar early team comes with experience in companies like https://jobeax.com/link/WG2mS1b5N4TiAwnI business needs new corridors — EUR, MXN, COP, AED, and more — opened fast, each with its own rails, partners, cut-offs, FX mechanics, and settlement quirks. Our EU licenses come with obligations that must be engineered, not just documented: safeguarding of customer funds, transaction monitoring, and evidence that both work continuously. Turn corridor launches from bespoke projects into a repeatable capability: standardized partner integration patterns, corridor configuration over code where possible, and a clear definition of 'launch-ready' covering rails, cut-offs, FX, fees, returns, and reconciliation.
Translate our EU regulatory obligations into running systems: safeguarding of customer funds (segregation, sweep flows, coverage reconciliation, and the controls around them) and transaction monitoring (rules, alerting, case handoff to compliance).
Partner with Compliance and Legal to negotiate scope and sequencing — you shape how obligations become engineering requirements rather than absorbing them wholesale.
Own the payments product surface across API and GUI: payment initiation, quoting, tracking, statuses and webhooks, returns and recalls, reporting, and the dashboard experience for operations and finance users at our customers.
Ship product features weekly with the discipline the money path demands: idempotency, exactly-once effects on ledgers, backward-compatible API evolution, and rollout strategies with exercised rollbacks.
You own the roadmap, the standards, and the on-call posture.
You review designs, and you still write and ship code, debug production, and set the implementation bar by example, including the standard for AI-assisted development.
Raise operational maturity: incident command and reporting, deployment and branch hygiene, delivery metrics that measure production reality, and alerting that catches money-path problems before customers or regulators do.
Hire and grow the team: close open roles, grow your Tech Lead, run 30-60-90 ramps, keep on-call sustainable, and act on performance early.
2 or more years managing a full team of 5 or more, with a Tech Lead or senior IC reporting in, on top of a strong backend IC track record.
Has built or operated payment systems in production: payment orchestration, ledgers, settlement, or reconciliation, with a working grasp of failure modes on the money path — duplicates, partial failures, cut-off misses, stuck settlements.
Has integrated banking, payment, or FX partners and lived through the messy reality: sandbox-vs-production drift, certificate and credential churn, partner outages, and degraded-mode operation.
Deep on distributed systems correctness where money is involved: idempotency, exactly-once effects, concurrency, and reconciliation as a first-class design concern.
Has worked directly with compliance, risk, or regulators and can negotiate scope rather than simply absorb requirements.
Has run a high-risk production migration or cutover — a partner switch, a ledger migration, a corridor cutover — with a rollback plan that was genuinely exercised.
Owns on-call and incident command personally, not by delegation.
Demonstrated hiring and performance management, including at least one underperformance case you saw through.
What Helps You Stand Out
Cross-border payments: corridor launches, FX, correspondent or local rails, SWIFT/SEPA/local clearing schemes in any of our target markets (EU, LATAM, Middle East, APAC).
Regulated EU/US fintech experience: EMI/PI or MiCAR-style obligations, safeguarding of customer funds, or transaction monitoring systems built to withstand audit.
Product sensibility: has shipped customer-facing payments features across both API and UI, and can partner tightly with a PM on sequencing.
Stablecoin or digital-asset settlement rails alongside fiat.
the second corridor you ship is faster than the first, and the fourth is boring. Indicative target: new corridor live in weeks, not quarters.
Transaction monitoring alerts flow to compliance with agreed latency and case-quality standards; no regulatory finding attributable to a missing or broken engineering control.
Payments features ship on a weekly cadence with zero-downtime, backward-compatible releases; Pod fully staffed and ramped, your Tech Lead is growing, on-call is sustainable, weak performance is addressed.
Talent magnetism: Corridors, license operationalization, and the payments product are yours end to end — a rare combination of growth, regulatory, and product scope in one seat.
Access: Direct partnership with the payments PM, Compliance leadership, banking partnerships, and senior engineering leadership.
Competitive salary and benefits package.
Opportunity to make a significant impact on global financial infrastructure.
Collaborative work culture with emphasis on personal and professional growth.
We are committed to building a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
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