What is the salary range for the Sr. Engineering Manager, Broker Dealer role at Betterment?

The salary range for the Sr. Engineering Manager, Broker Dealer position at Betterment is USD 210k-245k/yr.

Where is the Sr. Engineering Manager, Broker Dealer role at Betterment located?

The Sr. Engineering Manager, Broker Dealer 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 type of employment is the Sr. Engineering Manager, Broker Dealer role at Betterment?

The Sr. Engineering Manager, Broker Dealer position at Betterment is a Internship role.

What experience is required for the Sr. Engineering Manager, Broker Dealer role at Betterment?

The Sr. Engineering Manager, Broker Dealer position at Betterment requires 3+ yrs exp.

Sr. Engineering Manager, Broker Dealer — 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

As an Engineering Manager in Broker Dealer, you’ll lead a team building and evolving the backend systems that power Betterment’s trading and money movement infrastructure. This is a high-impact role in one of the most complex parts of our platform, where correctness, reliability, scale, and regulatory context all matter deeply.

Broker Dealer sits at the core of the Betterment platform. On a busy day, we securely move millions of dollars through our systems while ensuring every transaction flows through the right operational and risk checks to meet strict regulatory requirements. Every improvement in efficiency, quality, and decision-making in this area directly creates more value for our customers.

We’re looking for an engineering leader with strong people management fundamentals and strong technical judgment. You do not need to write production code every day to be successful in this role, but you do need to be technically credible: someone who can engage deeply in architecture and system design conversations, coach engineers through tradeoffs, raise the quality of code review discussions, and help a senior team make sound decisions in a complex domain. We also want someone who can help the team evolve how it works in an AI-enabled engineering environment, using new tools thoughtfully to increase leverage, improve decision quality, and maintain a high bar for correctness and craftsmanship.

This role will manage a team of individual contributors and partner closely with senior engineers, engineering managers, and cross-functional stakeholders across Product, Operations, Legal, and Compliance. It is especially well suited for someone who enjoys operating close to technical decisions, leading mature teams, and helping engineering organizations evolve how they work in a rapidly changing environment. 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: $210,000–$245,000

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

A Day in the Life

Manage a team of 6-8 backend engineers building trading technology that powers Betterment’s investing products.
Foster career development and align roadmap opportunities with each engineer’s growth goals, while keeping them technically engaged and challenged.
Lead a senior team with clear expectations, healthy accountability, and a team culture grounded in agility, ownership, constructive feedback, and shared success.
Be a technically credible leader through thoughtful code review, system design feedback, architectural tradeoff discussions, and strong partnership with senior engineers.
Balance the need for speed of delivery with the importance of correctness, resilience, maintainability, and quality in every project your team undertakes.
Champion long-term system health by advocating for the stability, reliability, and operational soundness of the technology your team builds.
Continuously improve team practices, engineering decision-making, and delivery effectiveness, including thoughtful use of AI-enabled tooling where it creates real leverage.
Drive high-quality, practical AI adoption across the team's engineering workflows from design and code review to debugging, documentation, and delivery planning.
Partner with senior engineers to create reusable internal prompts, playbooks, and domain-specific copilots that help the team move faster in a complex broker-dealer environment.
Build deep domain knowledge in Broker Dealer systems and become a highly effective partner across engineering and business stakeholders.
Collaborate closely with Product, Engineering, Operations, Legal, and Compliance teams to ensure we consistently deliver the right-sized solutions to the right problems.

What We’re Looking For

3+ years of experience directly managing software engineers in a formal engineering management role.
8+ years of experience building backend or distributed systems, ideally in complex, high-correctness environments.
Strong technical judgment in software design, architecture, and code review.
Experience leading or supporting senior engineers and helping high-performing teams continue to grow.
A track record of ramping quickly in complex domains, closing knowledge gaps, and building trust across technical and cross-functional partners.
Strong people management fundamentals, including coaching, feedback, performance management, and aligning engineers to meaningful work.
Experience fostering accountability and ownership while helping teams deliver high-quality, right-sized solutions.
Ability to adjust leadership style to meet the evolving needs of the team and the business.
Strong collaboration skills across engineering teams, product managers, subject matter experts, non-technical stakeholders, and third-party vendors.
Ability to translate business strategy and operational needs into engineering priorities that drive meaningful outcomes.
Good judgment about where AI can meaningfully improve team effectiveness, and where human review, domain expertise, and engineering rigor should remain primary.
Experience spotting repetitive, high-friction, or cognitively expensive team workflows and redesigning them with AI to create measurable leverage.

Nice to Have

Experience in regulated systems, financial infrastructure, trading, custody, ledgers, money movement, or other high-reliability backend domains.
Experience working with mature engineering teams where influence, judgment, and coaching matter as much as execution oversight.
Experience experimenting with or adopting AI-enabled engineering practices to improve team effectiveness without lowering quality standards.
Ability to distinguish between high-leverage AI use and low-quality generated output, and to guide engineers toward the former.

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.

Sr. Engineering Manager, Broker Dealer

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