FDIC-insured industrial bank offering credit products across risk tiers
First Electronic Bank is a state-chartered, FDIC-insured industrial bank running a Microsoft-dominant tech stack (Power BI, Azure, Power Platform, Synapse Analytics) paired with Python, Go, and Java backends. Active hiring in data, engineering, and legal—with 3 VP-level roles open—suggests aggressive scaling of compliance infrastructure and risk-governance systems while modernizing legacy workflows. The project mix (API platform, regulatory change management, model governance, loan portfolio monitoring) and documented pain points (manual GL entry, data validation inefficiencies, legacy workflows) indicate a bank in mid-transformation: moving from manual processes toward automated, cloud-native compliance and credit-risk operations.
First Electronic Bank is an FDIC-insured, state-chartered industrial bank headquartered in Salt Lake City, Utah, founded in 2000. The bank partners with technology and financial-services providers to deliver credit products across the full spectrum—prime and subprime lending, small-business and consumer credit, general-purpose cards and point-of-need installment loans. The organization operates with 51–200 employees and is currently hiring across data engineering, software engineering, legal, and product functions, with significant leadership openings, indicating expansion of internal capabilities in risk governance and cloud infrastructure.
Primary stack: Microsoft Power Platform (BI, Apps, Automate), Azure cloud (Synapse Analytics, Data Factory, SQL Database), plus Python, Go, Java, .NET, and JavaScript for backend systems and automation.
Core projects include API and microservices platform migration, cloud operations infrastructure, regulatory change management, credit risk governance, loan portfolio monitoring, and automation of legacy workflows including manual general-ledger entry.
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