Simplify Logo

Full-Time

Senior Front End Engineer

Retool

Posted on 6/27/2024

Altruist

Altruist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Consulting
Fintech
Financial Services

Compensation Overview

$136k - $170kAnnually

+ Stock Options

Senior, Expert

Los Angeles, CA, USA

Category
Frontend Engineering
Software Engineering
Required Skills
JavaScript
React.js
AWS
Product Design
Requirements
  • 5+ years of experience building scalable, microservice-based front end components using JavaScript frameworks
  • Fluency with atomic architecture and React components
  • Understanding of how to use React.js to build robust, modular, and scalable software
  • Strong skills in using the browser and application caching for building resilient architecture
  • Track record of using performance monitoring tools like Lighthouse or Web Page test
  • Experience maintaining code quality by measuring unit/integration tests using tools like SonarQube
  • Expertise in using AWS technologies to build scalable systems
  • Comfort with EFK stack for logging and building dashboards and alerts
  • Experience using application monitoring tools like New Relic/Data Dog
  • Experience in the CI/CD world
Responsibilities
  • Work with product, design, and business teams to understand requirements and turn them into technical design
  • Present designs to the technology team with clear breakdowns of tasks and deliverables
  • Lead with engineering best practices and make decisions based on definable metrics
  • Define architecture for systems with a clear vision for short- and long-term business needs
  • Promote a culture of quality, accountability, autonomy, and open communication
  • Coach and mentor junior developers and meet deadlines for team's deliverables
  • Uphold integrity for accuracy, data quality, and uptime

Altruist provides a platform designed for Registered Investment Advisors (RIAs) to improve their operations and client interactions. The platform includes a range of tools such as live chat support, commission-free fractional share trading, a model marketplace, and an automated rebalancer, all aimed at helping RIAs manage their businesses more effectively. This allows them to serve more clients while keeping costs low, which can enhance their profit margins. Altruist also features a quick onboarding process and offers valuable investment management information along with original content tailored for independent financial advisors. Unlike many competitors, Altruist offers its services for free to attract a large user base, monetizing instead through a vertically-integrated custodian service that helps RIAs reduce operational costs. The goal of Altruist is to empower RIAs to grow their businesses and enhance the experience they provide to their clients.

Company Stage

Series E

Total Funding

$449.5M

Headquarters

Culver City, California

Founded

2018

Growth & Insights
Headcount

6 month growth

6%

1 year growth

21%

2 year growth

46%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $169M Series E funding round indicates strong investor confidence and provides substantial capital for growth and innovation.
  • Collaborations with leading providers like Orion Advisor Solutions and Kwanti enhance Altruist's platform capabilities, making it more attractive to RIAs.
  • Acquiring Shareholders Service Group expands Altruist's service offerings and client base, positioning it to compete with industry giants like Schwab and Fidelity.

What critics are saying

  • The competitive landscape in the RIA market includes established players like Schwab and Fidelity, which could limit Altruist's market penetration.
  • Rapid expansion and integration of new acquisitions may lead to operational challenges and potential service disruptions.

What makes Altruist unique

  • Altruist offers a simplified tech stack specifically designed for RIAs, unlike broader financial platforms that cater to multiple financial service providers.
  • Their commission-free fractional share trading and automated rebalancer features provide cost-effective solutions that are not commonly bundled together in competing platforms.
  • The vertically-integrated custodian service allows Altruist to streamline operations and reduce overhead costs for RIAs, setting it apart from traditional custodial services.
INACTIVE