Chief Technology Officer
Modulr
Are you curious, excited by experimentation and always looking for a better way of doing things?
Do you want to keep learning and developing whilst getting hands-on experience working in the embedded payments space?
Do you want to drive Modulr's thought leadership, innovation, and creativity in the execution of our technology strategy?
If so, we would love to hear from you!
We are looking to hire ambitious, and value-adding talent to join Modulr, the fastest growing payments business in the UK and Europe. Modulr is a fast-paced, dynamic and complex business, operating multiple payment solutions through both our API and SaaS portals, and therefore needs experienced technical leadership to guide us through our growth.
About Us
At Modulr our mission is to move money efficiently to power business productivity. We are building a new digital payments service to make money flow more efficiently through businesses and the economy. This is a new type of payments account that is built for businesses that need faster, easier and more reliable ways to move money.
Our flexible platform and innovate approach allows our customers to utilise our payments account instead of a traditional bank account. Our accounts come with a sort code and account number, access to payment systems (eg Faster Payments and Visa) and everything our customers need from a payments account. They can instantly open as many accounts as they need, automate how they make and receive payments as well as the reconciliation processes these create. All in real time, 24/7 through their own systems utilising our API that integrates into any platform.
Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by payments giants PayPal Ventures and FIS Ventures, as well as startup and scale up specialists Blenheim Chalcot, General Atlantic, Frog and Highland Europe which enables us to leverage their resources and expertise to drive our growth initiatives. These partnerships provide us with the necessary provisions to propel our business to new heights.
Modulr values
- Building the extraordinary and going that extra mile
- Owning the opportunity, be passionate and proud of the time you invest
- Move at pace, reach your goals faster with us supporting you each step of the way
- Achieve it together, working as a team and being Modulite
The Role
Key responsibilities
The Chief Technology Officier (CTO) will have accountability and responsibility over Engineering, Data, Security, and Enterprise IT functions. Reporting directly to the CEO, they represent the technology team on the Executive Leadership Team, communicate direction and data-driven insights to leadership peers, and facilitate cross-functional collaboration allowing us to deliver effectively as a product led organisation.
The successful CTO will lead and shape Modulr’s technology strategy, aligning engineering resources, quality and infrastructure to meet short- and long-term business goals and growth. Operating as an EMI, Modulr is a highly regulated Fintech business with security, compliance and standards at our core. The CTO will be comfortable moving at pace whilst maintaining the guard rails of the business environment, allowing engineers to innovate inside the safety of the approved processes and frameworks.
Specific duties
The scope of the CTO role is broad, but you will need to be comfortable with the below:
- Develop and implement the company's technology strategy and roadmap to allow us to operate at scale and in collaboration with other executives and stakeholders.
- Manage a team made up of developers, engineers, and other technology professionals across three sites, Edinburgh, London and Mumbai, to ensure high-quality software development, testing, and deployment that is operationally effective and robust.
- Oversee the development and maintenance of the company's technical cloud based infrastructure.
- Identify and evaluate new technologies and development tools to improve the efficiency and effectiveness of Modulr’s operations and products.
- Collaborate with other executives and stakeholders to identify business opportunities and work closely with Product to support the development of new products.
- Establish and maintain strong relationships with external technology partners, and vendors.
- Develop and implement policies and procedures to ensure compliance with relevant regulations, data protection, and cybersecurity requirements.
- Track, analyse and monitor technology performance metrics, use insights to drive efficient feature delivery and functionality
- Have accountability for the department roadmaps.
- Create overall technology standards and practices, and ensure adherence across the business
- Continuously analyse and strengthen the information security environment and systems with the goal of reducing vulnerabilities and threats.
About you:
The successful CTO will have a track-record in delivering results in a fast-moving business and hence be comfortable with change and uncertainty. Excellent stakeholder management across every level is essential to being successful in this role.
The Ideal Candidate
- Previous experience as a CTO, VP, director, or similar leadership role, with Board reporting responsibilities.
- Experience in Fintech and/or the Financial Services space, operating in a regulated environment.
- Former senior engineering/architecture/security leader, responsible for SaaS offerings in public cloud.
- Familiarity with financial technologies, such as blockchain, cryptocurrency, and digital banking.
- A track record of success in leading technology teams globally, with the ability to motivate and inspire team members and stakeholders.
- Excellent problem-solving and critical-thinking skills, with the ability to make sound decisions in complex and fast-paced environments.
- Strong knowledge of software development methodologies, software design principles, and project. management methodologies, and have guided and mentored teams in these ways.
- Excellent communication and interpersonal skills, with the ability to build and maintain relationships with internal and external stakeholders.
- Broad knowledge of software engineering: languages, frameworks, techniques, and industry trends.
- Experience leading complex, major changes and initiatives; demonstrated skills in change management on an organizational and interpersonal level; experience with integrating teams across multiple business units and managing a geographically dispersed workforce.
- Experience designing and managing an effective IT governance framework across the spectrum of IT service delivery.
- Have a strong understanding of security and risk management and be able to develop and advise on security policies and procedures that protect the company's data and systems.
- Bachelor’s degree in computer science, engineering, information systems or related field (master’s degree preferred).
What can Modulr offer you
You’ll be part of a cross disciplinary team(s), with co-workers located in Edinburgh, London, Amsterdam and/or Mumbai. We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale up and grow. Our culture and values are putting you first and are about investing in your future.
- Share Options Incentive Scheme
- Company Bonus - the more successful we are together, the more company bonus we offer
- Benefits pot - £1000 towards a variety of benefits for you to choose (including healthcare, dental etc), Perkbox (freebies and discounts!), plus access to season ticket loan
- 33 days holiday (inc. bank holidays) + your birthday off + opportunity to buy extra holiday - choose which days you take off to relax and/or spend time with loved ones
- Learning Opportunities – on joining Modulr you will embark on our 3-day onboarding programme to be equipped with the Modulr know-how and arm you with the tools you need to be successful from day 1! But, we don’t want your learning to stop there so we will continue to provide you with the tools and capabilities through our learning channels and platforms to allow you to grow and develop in Modulr.
- Modulr hands-on - join your colleagues for our company wide events throughout the year.
- Great workspace - Modulr thrives on innovation which is best done through in-person collaboration. This approach enables us to work together closely, exchange ideas, and create innovative solutions that drive our success. We have state of the art offices located in WeWork in Edinburgh, ScaleSpace in London, and WeWork in Amsterdam.
ModInclusion
We believe that by seeing Modulr, and the world, from all sorts of angles, we can make life better for all. We want you to know that the things that make you, you — like your identity, age, ability, and background — are things that we will always celebrate and support with open arms. As such, we are keen to maximise the diversity of our workforce and actively encourage applications from anyone and everyone.