Standard Treasury (YC S13) Is Hiring
We at Standard Treasury build software for banks. That might seem boring but almost everyone uses a banks and their software is crappy. Think about your online banking system with its outdated, unpleasant UI and UX. We're working to fix that and compete with huge bank technology vendors.To get some idea of the market: U.S. banks spend $400 billion dollar a year on IT.
See http://techcrunch.com/2013/07/09/standard-treasury/ for some more information.
Email us at hiring@standardtreasury.com
Product
Our first product is a white-labeled, SAAS, API interface and developer experience for banks. Our technology enables enterprises to interface with their bank over RESTful API. From here we plan on expanding into online, mobile, and core banking.
Traction
We have significant traction on our API product with several top-25 banks. The price points of these contracts range from $1.2m to $5.6m a year. With these contract sizes and a growing customer base, we have an opportunity to avoid any significant equity dilution.
Team
We are a small team focused on unsexy but incredibly valuable work that could change the face of banking. We are looking for the right people to join us. We are building a great, competent team who can't handle bullshit. We want passionate partners who share our desire to shake up banking software. We practice internal email transperceny a la Stripe (http://bit.ly/VSv54h) and corporate transperency. We are based in San Francisco.
Email us at hiring@standardtreasury.com
Compensation and Perks
You can expect
1. Great benefits. Medical vision and dental insurance for you and dependents.
2. Great comp. Salary and equity. Critically, we’re interested in finding the right balance for you. We know there are some people who have greater risk appetite than others.
3. Great perks. We haven't set up perks yet but lunch and dinner, snacks, a stocked fridge, laundry service, clipper card, gym membership, housecleaning by exec or homejoy are all on our immediate radar.
4. Great mentorship. (a) Seed investment. The two co-founders previously ran a seed fund that invested in one YC company a batch or so. We’re very interested in setting up a seed investment program for any employees with two years of great work. A la 500 Friends (http://bit.ly/RGcLNs). (b) Conferences. If you’re invited to speak at a conference then we’ll pay for it.
5. Great flexibility. (a) Flexible hours. So that you can live your life (b) Open vacation policy. We all need to re-charge. We mean it too -- there is a two week minimum. We’ll send you home in December if we have to. (c) Paid maternity and paternity leave.
6. Great tools. Build your ideal work stations, so you can have the tools you want and need. Buy the books you need or want on Amazon. Need a kindle for you commute -- get it. The corporate Amex can be used for all expenses under a reasonableness standard.
Roles We are hiring as quickly as we can find good people in a large number of roles.
1. Platform and APIs. For those who think they can build something as beautiful and durable as Twilio, Stripe, or Facebook Connect.
2. UI, UX, and design. This will start with easy-to-use API documentation and intuitive websites. In the future it expand into the future of online (and mobile) banking.
3. Bank integrations. Half our job is taking pre-modern internal banking systems and making them disappear for our users. This requires patience and, fortunately or unfortunately, a deep love of puzzles.
4. Systems and security. We build around some of the most sensitive and secure systems in the world. We need to be even better. A security breach will kill our company.
5. Define your own. You let us know.
Email us at hiring@standardtreasury.com