Job Title:
Junior Financial Engineer

Company: Smartleaf

Location: boston, MA

Created: 2024-04-20

Job Type: Full Time

Job Description:

Smartleaf - Junior Financial Engineer PositionSmartleaf is a Boston-based financial technology company that enables wealth managers to tailor investment services to each investor, big or small. Our software allows our clients to efficiently manage their book of business, while still applying great care to each investor's account and optimizing tax implications of rebalancing a portfolio. In support of our core product that enables the platform, we are seeking to add new financial engineers to our Financial Engineering team.Position Overview:You would be joining our financial research and analytics team. The Smartleaf Analytic Engine (SLAE) is the quantitative core of our system and the part that performs portfoliohousehold optimization and recommends trades. As a member of the Financial Engineering (FE) team, you will have hands-on and high impact contribution to the cutting-edge software product that drives the engine and empowers clients. You would be implementing heavily computational algorithms in C++ and Python and integrating them with a complex, preexisting system - numerical aptitude and ability to see the "big picture" are key. Preferred Qualifications:You are analytical, driven, smart and collegial; your peers hold you in high regard. You enjoy pushing projects through to completion, and you take pride in the quality of your work.Specific Qualifications Include:A bachelor's degree or above in Computer Science (CS), Engineering, or other related disciplinesStrong object-oriented software development skills, especially CC++ and PythonProficient in core design patterns and methodologies along with core computer science conceptStrong mathematical skills, especially in linear algebra and similar branches of mathematicsExperience with Linux system and core coding techniques (including version control)Excellent written and verbal communication skillsA detail-oriented, self-motivated working style, working effectively in a team environmentBonus points For:Familiarity with constrained optimization, quadraticlinear optimization and other numerical programming techniquesExperience developing software for financial applications and dealing with financial dataWorking knowledge of RExperience with relational databases Experience working with agile development; JIRA; subversion and gitAdvanced development experience in a Linux environmentApplicants with experience support production-level codebases in a collaborative environment are preferred over new graduates. ResponsibilitiesThe core FE team is a software-oriented team with a heavy background in CS search and optimization algorithms and numerical optimization methods in Mathematics. As such, the team delves a lot into the linear algebra side and optimization side of implementation. The core responsibilities of typical FE member at Smartleaf are:Research, design, and development of new features for core analytics engine (SLAE) as well as other applications of optimization regarding accounts and householdsDeveloping financials models using optimization techniques for specific goal of the modelperform model and portfolio backtesting in tandem with model development and other feature developments (or other scenario analyses)Engage in review process with other FE team membersDocument progress of design and implementation, and actively engage with other FE team members on scalable implementationsParticipate in maintaining the quality of inputoutput data tofrom SLAE and maintaining FE's internal toolsCore BenefitsAs a small organization, we look to each employee to contribute to the company's success in a significant way. In return, we provide:Competitive compensation Comprehensive health, dental and vision insurance with 100% of premium and deductible covered for employees and family (copays apply)Simple IRA with 3% company matchFour weeks PTO + NYSE holidaysFlexible work-from-home policySmall team with ample opportunity for growth and developmentWorking at SmartleafWe are presently transitioning back to a hybrid, in-office work environment. However, all new FTEs are expected to be in the Boston area. Staff local to the Boston area now have the option to work in the office. Everyone working for the company is provided with technology to work comfortably from home. We've also done our best to maintain the unique, inclusive culture that makes Smartleaf a great place to work.When you are remote...All team meetings are by video conferenceThe team communicates throughout the day via messaging stream (akin to Slack), Google Meet, and ZoomAt present, some team members have chosen to be in the office a few days a week while the majority are currently remoteWhen you are in-office...Casual dress codeBeautiful office space within a 15-minute walk of 4 subway lines and commuter railOffice shower for bike commutersFully stocked kitchen with breakfast and lunch options plus the opportunity to dazzle your coworkers with your barista skills (which is to say, we have an espresso machine!)How to Apply: Send your resume (PDF preferred) to . Please include a brief note detailing what interests you in Smartleaf and why you might be a good fit for this role.Please note: You must have a legal right to work in the United States; Visa sponsorship is not available at this time.Smartleaf is an Equal Opportunity Employer.