What is the salary range for the Engineering Manager role at Betterment?

The salary range for the Engineering Manager position at Betterment is USD 170k-230k/yr.

Where is the Engineering Manager role at Betterment located?

The Engineering Manager position at Betterment is based in Betterment HQ - New York City; 61 West 23rd Street, Fifth Floor, New York, New York. This is a hybrid position.

What skills are required for the Engineering Manager role at Betterment?

Key skills for the Engineering Manager position at Betterment include: ruby on rails, react, graphql, java, python.

Engineering Manager — Betterment

About Betterment

Betterment is a leading, technology-driven financial services company that offers investing, savings and retirement solutions for retail investors and investment advisors as well as financial wellness solutions, including a 401(k) for small and medium-sized businesses. Our team is passionate about our mission, to empower people to build wealth with confidence and ease. We’re headquartered in NYC and offer hybrid NY-based positions (four days/ week in-office, with no required office days during the summer and winter holidays).

About the role

At Betterment, our software helps customers navigate the most important milestones in their financial lives. From saving for a first home to planning for retirement, hundreds of thousands of people trust us to invest and save on their behalf. As an Engineering Manager, you will play a critical role in shaping these experiences by leading a team dedicated to making saving and investing simple, accessible, and impactful.

We take pride in delivering high-quality, intuitive user experiences, and we are seeking a technical leader who can inspire, guide, and grow our engineering team. In this role, you will balance strategic vision with hands-on leadership while ensuring excellence in both quality and execution, all in service of helping our customers achieve financial wellness.

As an Engineering Manager on this team, you’ll help lead us through a period of growth and maturation. You’ll collaborate closely with product, engineering, and cross-functional leadership to execute on a mission-aligned roadmap with your team. You’ll also get the opportunity to lead and contribute to projects while driving operational excellence in everything we do. Along the way, you’ll navigate the intricacies of our evolving domain and partner with other engineering leaders and stakeholders of diverse backgrounds. Just as importantly, you’ll mentor and grow a team of talented engineers, empowering them to deliver their best work.

This role is based out of our NYC office. Below we've reflected the base salary range for this position. Actual salaries may vary depending on factors including but not limited to location, experience, and performance. The range listed is just one component of Betterment’s total compensation package for employees.

New York City: $170,000 - $230,000

This job may also be eligible for variable compensation in the form of a company incentive bonus.

A day in the life

Lead and manage a team of engineers who work in a full-stack ecosystem.
Serve as an effective player-coach, using direct project leadership and contributions to gain first-hand expertise into the world of financial wellness.
Build things people love. Our goal is to delight our customers whenever possible. Sleek design, simple user experience, and access to sophisticated advice.
Collaborate with product managers, staff engineers and subject matter experts to make sure the team is always building the right stuff and doing so thoughtfully.
Inspire and maintain a strong, equitable engineering culture founded on transparency, inclusivity, mentorship, and collaboration.
Drive roadmaps, mitigate risks, and ensure the team is continuing to deliver towards the business goals

What we’re looking for

Experience leading and contributing to full-stack web engineering projects. Our primary web application is built in Ruby on Rails, but we build our newest web interfaces using a combination of React and GraphQL. Other server-side languages, like Java or Python could be a good foundation
Experience with establishing and upholding team culture through healthy team norms, processes, and inclusive practices.
Experience with hands-on managing, mentoring, and inspiring an established team of talented engineers.
Experience leading execution of large team projects and execution of smaller concurrent projects in partnership with senior engineers.
Experience building important, high production-value software where quality and correctness matters while preserving a nimble, fluid, highly productive culture and workflow.
A passion for developing your reports and helping craft opportunities for them to grow into continually more impactful team members.
A love of software engineering and a willingness to get into the code to better understand the sophisticated business domains we work in.
Experience collaborating with other engineering teams, product managers, subject matter experts, and non-technical stakeholders.
Experience partnering with stakeholders in your area to produce roadmaps for your team.
Experience setting and holding your team accountable to ambitious goals.

Join a team built on these core values

We change lives

Be a part of a community of innovators working to transform financial outcomes for real people. Your work will make an impact, always laddering up to our mission; to empower people to build wealth with confidence and ease.

We set audacious goals

We set them for the company, our customers, and ourselves, and we won’t stop until we reach them. We don’t just show up; we give our all, then celebrate our wins.

We value all perspectives

When we collaborate, we're at our best. We believe diverse perspectives lead to better outcomes and strive to uphold our supportive and inclusive community.

We simplify financial services

We’re financial services pioneers, always finding new ways to improve, optimize, and enhance. Constant improvement is in our DNA.

Our Commitment to Your Total Well-being:

We offer a competitive suite of benefits, including medical, dental, and vision coverage; life and AD&D insurance; short- and long-term disability; infertility support and WPATH-aligned transgender health benefits; an Employee Assistance Program (EAP); transit benefits and FSA and HSA options
Ownership: Equity for all employees, including new hire and refresher grants.
Time: Flexible paid time off, paid parental leave, and a fully paid four-week sabbatical in your sixth year.
Growth: Company-paid professional coaching for all employees.
Wealth: Day-one 401(k) match plus matching on qualified student loan payments.

What happens next

We’ll take a few weeks to review all applications. If we’d like to spend more time with you, we’ll reach out to arrange next steps, which will include 3-4 sets of meetings with your future colleagues.

In the interview process, we’ll look to learn more about your skills, experiences, capabilities, and motivators. Many of our questions will be aimed at understanding how you might operate here at Betterment. Depending on the role, we may ask you to complete a case study exercise or technical assessments, as we want to collect a robust set of data points to better inform our decisions.

On average, it takes us around 3-5 weeks to make a hiring decision, depending on your availability and sense of urgency. As a best practice, we aim to interview at least 2-3 final round candidates before making a hiring decision. Please note that, as we usually receive an overwhelming number of applications for open positions, we’re unable to offer individual feedback during the interview process.

We recognize that interviewing for a new role is a big deal. We appreciate you considering Betterment as the next step in your career, and our Recruiting Team is here to support and advocate for you through the interview process!

Betterment is dedicated to providing accommodations to candidates upon request. If you need accommodations at any point throughout the interview process, please reach out to your recruiter.

Please note that in any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.

Come join us!

We’re an equal opportunity employer and comply with all applicable federal, state, and local fair employment practices laws. We strictly prohibit and do not tolerate discrimination against employees, applicants, or any other covered persons because of race, color, religion, creed, national origin or ancestry, ethnicity, sex, gender (including gender nonconformity and status as a transgender or transsexual individual), sexual orientation, marital status, age, physical or mental disability, citizenship, past, current or prospective service in the uniformed services, predisposing genetic characteristic, domestic violence victim status, arrest records, or any other characteristic protected under applicable federal, state or local law.

Engineering Manager

Job description