Senior Formulary Jobs (NOW HIRING)

Formulary Financial is building the world's first AI-native, comprehensive fund administration services business. Formulary offers expert-driven services across the investment lifecycle—including accounting, reporting, compliance, audit, capital activity, and investor communications—powered by an AI-native platform designed to keep data accurate, synthesized, and accessible in real time. In less than a year, Formulary has grown to manage billions in assets on its platform across clients and design partners that represent some of the leading and largest asset managers worldwide.

Formulary is built by veterans in fintech, artificial intelligence and fund administration and is backed by premier investors, including Khosla Ventures, Acrew Capital, Company Ventures, Human Ventures, Serena Ventures, and Alumni Ventures, among other strategic partners and industry executives.

Formulary is on a mission to transform fund administration from error-prone paperwork into data-driven intelligence and expert service for investors. By implementing a high-touch service delivery model, data systemization, and AI-powered solutions in fund operations, Formulary is taking on the defining challenges of the asset management industry. Private markets span thousands of GPs and trillions in assets under management; the industry stands at the brink of a seismic transformation driven by the convergence of evolving investor expectations and rise of emerging technologies.

Strong preference for candidates in the NYC tri-state area.

• Full-Stack Platform Development: Build a platform connecting fund administration teams, GPs, and LPs, focusing on user-centric, reliable, and scalable end-user experiences.
• Technical Architecture: Implement a scalable and secure technical infrastructure.
• Cloud Infrastructure: Design and optimize cloud solutions using CSPs (such as AWS and Azure) and leverage containerization with Docker and Kubernetes.
• End-to-End Data Platform Development: Build the data foundation and back-end frameworks to deliver a robust data management system.
• Agentic AI Capabilities: Design and integrate agentic AI capabilities to streamline fund administration, GP, and LP workflows.
• AI/ML Application: Integrate AI/ML tools to drive exceptional service delivery and user productivity.
• Product Roadmap: Collaborate with the team to align the product roadmap and milestones with technical decisions and delivery.
• Culture and Values: Be a culture carrier by embodying and living the values of excellence, integrity, ownership mindset, and intellectual debate.

• Excellence in full-stack engineering and data architecture.
• Expertise in modern SaaS distributed architectures on the public cloud.
• A proven track record in frontend development, API integration, and backend services.
• Deep experience with storage systems, databases, warehousing, and data pipelines.
• Strong experience in DevOps, CI/CD, and automated testing.
• A keen interest in using AI and machine learning to solve complex problems.
• Familiarity with information security and defensive programming.
• 8+ years of hands-on engineering experience.

• Experience as a founding engineer at a high-growth startup.
• A track record at a world-class fintech (e.g., Ramp, Addepar, Square, Revolut).
• Hands-on experience building an AI-native product or service with strong user adoption.
• Demonstrated impact at a leading financial services or asset management firm.

• You are mission-driven and motivated to build a category-defining business from scratch.
• You possess relentless drive, grit, and inspiration to work at an early-stage startup.
• You act like an owner, deal well with ambiguity, and push for results without guidance and oversight.
• You are an ambitious problem-solver, balance speed and quality, and can effortlessly navigate complex situations.
• You move fast, ship quality products, and have a strong team-first mindset.
• You value excellence, integrity, and the meritocracy of ideas.
• You are a strong communicator and collaborator who thrives in a hybrid work environment.
• You provide and receive feedback with honesty, care, and thoughtfulness.
• You are curious and have a rare growth mindset.

• Build an Industry-Defining Business: Play a key role in creating a groundbreaking technology platform that will reinvent the asset management industry.
• Partner with Experienced Leaders: Join a team of repeat founders, world-class AI and asset management veterans, tier-one investors, and forward-thinking clients.
• Compensation and Equity: Competitive base salary, comprehensive benefits, and equity ownership in a high-growth, funded venture.
• Shape Culture and Values: Be part of an agile startup where your contributions directly influence the organization's culture and long-term success.