---
title: 'Engineering Manager, Banking at AngelList'
canonical: 'https://feeny.ai/job/engineering-manager-banking-angellist-san-francisco-1yhtmkdczms5'
type: 'job'
last_seen: '2026-09-07'
---

# Engineering Manager, Banking at AngelList

- **Company:** AngelList
- **Location:** San Francisco, CA
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-08-24
- **Last confirmed live:** 2026-09-07
- **Apply:** https://jobs.lever.co/angellist/92867c3a-269e-4b03-bd53-39e8cfa04913

## Job description

## Why Join AngelList

We’re solving some of the hardest problems in venture capital and private markets. You’ll work with a team that values precision, urgency, and long-term thinking. If you want to shape how startups are funded and built, this is the place.

## About AngelList

We exist to accelerate innovation by increasing the number of successful startups in the world. We do this by building the financial infrastructure that makes it easier for more people to invest in world-changing companies. AngelList is the nexus of venture capital and the startup community. We support $171B+ in assets and have powered investments into over 13,000 startups—over 300 of which are unicorns. Today, 57% of top-tier U.S. VC deals involve investors on AngelList. While our scale is large, our ambition is larger. If you're excited to build the future of private markets, come build with us.

## About the Role

Nova is building the banking and payments network for private markets. This infrastructure moves money between funds and investors for subscriptions, capital calls, and distributions. Today, Nova supports $1.2B+ in deposits, $100M+ in weekly transfers across six bank integrations, and ~150k verified investors. Moving large sums between funds and investors is one of the highest-stakes parts of the private markets. Nova earns and keeps the trust of GPs and LPs by getting it exactly right every time. We're looking for an Engineering Manager to lead and grow Nova Foundations, the product's core money-movement and identity system. This is a hands-on, player-coach role. You'll spend most of your time growing the team, driving the roadmap with stakeholders, and setting the technical vision, all while staying close enough to the code to unblock and support the team. You'll report to the Head of Nova Engineering.

## What You'll Do

- Own the results of Nova Foundations, including the ledger, bank and payment integrations, KYC, and PII systems that everything at Nova depends on.
- Grow the team from ~4 engineers to 5-7 and help stand up the planned split into two focused teams: money movement and risk and compliance.
- Work closely with product managers, stakeholders, and the Product engineering teams to make progress against the roadmap.
- Set a clear technical direction with the team's senior and staff engineers.
- Keep the team shipping with urgency while maintaining high standards for correctness, auditability, security, and reliability.
- Stay hands-on where it helps. Unblock the team and maintain enough technical context to ask good questions and make sound tradeoffs.

You Have

- 2+ years of engineering management experience, including hiring, developing, and getting the best work from engineers. We're open to a strong senior or lead engineer moving into management with a clear record of technical leadership. We'll also consider a more experienced manager with the right background.
- Experience with fintech, payments, banking, ledgers, KYC or compliance systems, or another high-stakes domain. Direct experience with payments or financial systems is a strong plus given what this team owns.
- A record of shipping and operating backend or platform systems where correctness and reliability are non-negotiable.
- Experience with Ruby on Rails and service-oriented systems, or the ability to learn them quickly.
- Good startup judgment. You're comfortable with ambiguity and add enough process to help the team without over-building it.

How Success Will Be Measured

- You've learned the team's systems and can discuss the tradeoffs involved in money movement, bank integrations, and identity and KYC.
- Money moves flawlessly, with a 0% transfer error rate, as weekly volume grows well beyond today's $100M+.
- Foundations reliably delivers the platform for Nova's next launches, including distributions, LP wallets and identity, and capital calls, without becoming the bottleneck.
- The team is healthy and growing. You've hired toward 5-7 engineers and set up the money movement and risk and compliance teams for success, with each team clear on its roadmap.

Working Here If you don’t meet every requirement above, we still encourage you to apply. We value complementary strengths and operators who learn by doing. AngelList has offices in a few cities, with our engineering hub in San Francisco. We’re building our engineering and product teams around this hub to make the most of in-person collaboration. We have a hybrid in-office model: teammates come in at least 2 days per week (Tuesdays and either Wednesday or Thursday). Compensation:The compensation for this role consists of a competitive base salary, benefits, and equity package. The base salary for this role is $240,000+ annually but actual will vary based on a number of factors including a candidate’s professional background, experience, and location. Additional details about our Total Rewards package will be provided during the recruitment process. Benefits:We support your life both in and outside of work. Explore our benefits Learn about Funders & Founders What Guides Us:At AngelList, we are united in our purpose to accelerate innovation and build the future of private markets. Our beliefs and values shape what we work on and how we create impact. If the below resonate, we'd love to have you with us. Our beliefs

## Our values & leadership expectations

AngelList is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

## About AngelList

## Company Overview
- **One-liner**: AngelList builds the financial system for private markets, providing the infrastructure where capital, creativity, and hard work come together to accelerate the rate of innovation.
- **Entity Type**: Private (venture-backed; $124.1M total funding across 8 rounds)
- **Headquarters**: San Francisco, California, United States (additional office in San Diego; workforce distributed across 31 countries)
- **Founded**: 2010
- **Founders**: Naval Ravikant and Babak Nivi

## Core Business
- **Primary industry**: Private market investment infrastructure / fintech (venture capital administration, fund management, startup investing)
- **Target customers**: B2B and B2C — fund managers, venture investors, syndicate leads, startups, and accredited/retail investors seeking access to private markets
- **Mission or purpose statement**: "The financial system for private markets." The company's stated goal is to solve the "ownership gap" for private companies — building the equivalent of public-market infrastructure (exchanges, custodians, transfer agents, brokers, retail distribution) for private markets, which now represent more than $28T in U.S. fund AUM.

## Products & Services
- **AngelList Funds**: The administration layer for venture capital — enables fund managers to launch and operate venture funds, SPVs, and syndicates on the platform.
- **USVC**: The brand behind retail access to venture investing, allowing non-institutional investors to participate in private-market deals.
- **Meridian**: The wealth layer for private markets; a platform for managing private-market assets and portfolio operations.
- **Nova** (coming soon): The banking and payments layer for private markets, announced as the next major product release.
- **Scout Funds & SPVs**: Additional investment vehicles supported on the platform alongside venture funds.

## Market Standing
- **Valuation/Market Cap**: Not disclosed (private company)
- **Key Metric**: Total funding of $124.1M (8 prior rounds). Platform scale figures are conflicting across sources: LinkedIn reports **$171B in assets on platform, 25K+ funds and syndicates, and 72K active investors**, while Built In reports **$15B in assets for fund managers, 17K+ startup investments (including 287 unicorns), and 1.3K startups using founder services** — both cited below as conflicting reports.
- **Notable Investors/Partners**: Not publicly available in the provided data sources.
- **Growth Signals**: Acquired Nova (banking/payments layer) in July 2023; acquired Prospectify (2019) and Product Hunt (2016, for $20M); has delivered $10B in capital to startups with a stated ambition to reach $10T; active hiring across Engineering, Data, Finance, Marketing, Legal, and Customer Success teams.

## Competitive Advantages
- **Network effects / de facto standard**: Positions itself as the default platform for startup investing, with 25K+ funds and syndicates and 72K active investors on platform (per LinkedIn data).
- **Full-stack private-market infrastructure**: Unlike point solutions, AngelList spans fund administration (Funds), retail access (USVC), wealth management (Meridian), and soon banking/payments (Nova) — a vertically integrated stack for private markets.
- **Data moat**: Years of transaction, fund, and investor data create switching costs for fund managers and investors alike.
- **Founder-friendly brand equity**: Long-standing reputation in the startup ecosystem, including backing 287 unicorns (per Built In).

## Strategic Focus
- **Launching Nova**: The banking and payments layer for private markets is positioned as the next major growth vector, completing the company's "financial system for private markets" vision.
- **Scaling Meridian**: Building out the wealth layer to serve private-market asset management at scale.
- **Expanding retail access**: Growing USVC to bring venture investing to a broader audience beyond accredited investors.
- **Growing platform AUM**: Pushing from $10B in capital delivered toward the stated $10T ambition.

## Why Work Here
- **Culture**: The company emphasizes high agency and ownership — described as "no ladders, only roads," where employees are expected to pave their own career paths and take on more than peers in the industry, faster, with less.
- **Work mode**: Hybrid roles available in San Francisco, CA and New York City, NY (e.g., Senior Platform Engineer, Investor Services Specialist, Investment Operations Associate).
- **Funder & founders program**: Employees can invest up to $100K from an AngelList fund into deals they source and earn 20% of the profits from those investments.
- **Financial wellbeing**: Competitive salary, 401K, equity, FSA, and access to a finance coach.
- **Healthcare**: Premium medical, dental, vision coverage, One Medical, wellness coach, FSA, Carrot fertility benefits, and generous parental leave.
- **Lifestyle perks**: Unlimited PTO, unlimited book stipend, wellness reimbursement, and a remote office budget (co-working/home office).
- **Office perks**: In-office meals, coffee walks, team offsites, commuter benefits, and safe rides home.
- **Team size (conflicting reports)**: The careers page cites a team of 140; LinkedIn reports 321 employees (-0.7% YoY); Built In reports 518 total employees across 3 offices.

## Sources
1. [angellist.com — Careers](https://www.angellist.com/careers)
2. [angellist.com — About](https://www.angellist.com/about)
3. [linkedin.com — AngelList company page](https://www.linkedin.com/company/angellist)
4. [jobs.lever.co — AngelList](https://jobs.lever.co/angellist)
5. [builtin.com — AngelList](https://builtin.com/company/angellist)

## Other roles at AngelList

- [KYC Operations Associate](https://feeny.ai/job/kyc-operations-associate-angellist-new-york-15w4s5krpf9d) — New York, NY
- [Engineering Manager, Nova](https://feeny.ai/job/engineering-manager-nova-angellist-san-francisco-c4fx1m5bkr8y) — San Francisco, CA
- [Marketing Lead](https://feeny.ai/job/marketing-lead-angellist-san-francisco-mcqf94ncqvp8) — San Francisco, CA
- [Head of Engineering, Foundations](https://feeny.ai/job/head-of-engineering-foundations-angellist-san-francisco-3shsh2gw2h9h) — San Francisco, CA
- [Product Designer, Nova](https://feeny.ai/job/product-designer-nova-angellist-san-francisco-t8zgje22kf36) — San Francisco, CA
- [Product Design Lead](https://feeny.ai/job/product-design-lead-angellist-san-francisco-qx6bp09wd561) — San Francisco, CA
- [Talent Acceleration Lead](https://feeny.ai/job/talent-acceleration-lead-angellist-san-francisco-r5491jnsp3be) — San Francisco, CA
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