Staff Back End Engineer, Altruist

• This role requires deep expertise in financial systems, particularly in Margins and risk management, to build and optimize our lending and credit infrastructure
• Experience - 8+ years of experience working as a software engineer at a B2B financial services, fintech, or SaaS organization
• 8+ years of building scalable RESTful back-end services using Java and Spring Boot framework
• Proven experience in the fintech industry with a deep understanding of clearing, securities, and asset classes, with a strong emphasis on Margins
• Expertise in designing and implementing Margin-related systems, including experience with Portfolio Margin, Reg-T Margin, and maintenance margin calculations
• Ability to implement microservices architecture for backend services to deliver highly distributed and resilient architecture
• Strong understanding of design patterns, and implementation of, event-driven architecture and its application to real-time margining processes
• Implement and believe in automated testing like unit/integration test
• Education - Ideally looking for a B.A. / B.S. degree in relevant fields such as Computer Science
• Technical aptitude - You’re technologically savvy and can easily get up to speed on modern tech stacks (Java,Springboot, AWS, SQL)
• Strong grasp of Java, Spring Boot, AWS, and SQL, with expertise in margin calculations
• Deep experience with database technologies (SQL & NoSQL) to efficiently store and retrieve large-scale financial datasets for margin processing
• Strong understanding of caching technologies like Redis
• Experience working with real-time processing frameworks for margin risk assessment and trade settlement processes
• Working knowledge of Docker/Container technologies like Kubernetes or ECS, Terraform, and GitLab
• Proven experience with Scalability, Availability, Reliability, Performance, Resilience, and Observability
• Ownership - The pride you put into every aspect of your work is unparalleled and undeniable
• Superb communication - Intentional dialogue is a superpower. You listen as well as you share your perspective with others
• Technology Leadership - Serve as a thought leader for backend engineering, ensuring best practices in system design, coding, and performance optimization
• Mentor and guide junior and mid-level engineers on the team
• Drive technical decision-making processes and collaborate with product management to align technical goals with business objectives
• Resilience - We’re inspired by your unwavering determination to achieve success, no matter the adversity you face along the way
• Assurance - Your confidence is brilliant, yet ego-less. You possess a strong knowledge base, the ability to discover the unknown, and are open to differing perspectives
• Creative problem solving - Identifying the problem is simply not enough. You’re instinctually creative with your approach in finding solutions to roadblocks
• Domain Knowledge - Deep understanding of financial industry concepts, particularly broker-dealer operations, clearing and settlement processes, and margins
• Strong experience with Margin Rules (FINRA Rule 4210, SEC Regulations, and risk-based margining frameworks)

Desirable

• Altruist is in the midst of an exceptional growth phase and we’re excited to hire a Staff Back End Engineer to join our growing Credit and Lending team
• Analyze and solve complex problems spanning multiple user personas and workflows, with a focus on Margins calculations, risk exposure management, and regulatory compliance
• Design, build, and scale robust systems for high performance and efficiency in margin lending and credit processing
• Deliver RESTful APIs with microservices that support margin trading, collateral management, and margin call workflows
• Integrate data from multiple custodians, aggregating, modeling, and loading the data into a transactional and warehouse system
• Solve complex problems within an event-based environment, ensuring that margin requirement updates are handled in real time
• Work on complex risk analytics and margin-related calculations, ensuring precision and compliance with industry standards

• Be rewarded for doing great work: competitive compensation and equity for all team members
• Health, dental, and vision coverage, available on your first day
• Set future you up for success with 4% 401(k) matching
• Flexible time off and work hours to meet your needs
• Modern parental paid leave from day one, including 16-week adoptive, birth or foster paid leave, and 4-week child loss or miscarriage paid leave

Total funding: $601.5m

Altruist has created a cloud-based digital investing platform for independent financial advisors (IFAs). In the past, it’s been common for financial advisors selling products on a commission basis to have access to advanced digital systems, but not those working entirely independently.