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Internship

QA Engineering Intern

Summer 2025

Updated on 10/24/2024

Altruist

Altruist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Los Angeles, CA, USA

Hybrid work schedule to promote strong, in-person collaboration and a healthy work-life-balance.

Category
QA & Testing
Automation Testing
Quality Assurance
Required Skills
Python
Software Testing
Java
Jenkins
Selenium
Requirements
  • Basic understanding of software development processes with an eagerness to learn new technologies and stay updated on trends in automation and software testing
  • Familiarity with at least one programming language (e.g., Python, Java,)
  • Pursuing a degree in Computer Science, Engineering, Information Technology, or a related field
  • You're technologically savvy and can easily get up to speed on modern technology, CI/CD tools (e.g., Jenkins, GitLab CI, etc.), programming languages (e.g., Python, Java), and automation tools (e.g., Selenium, TestNG, or other testing frameworks)
  • The pride you put into every aspect of your work is unparalleled and undeniable
  • Intentional dialogue is a superpower. You listen as well as you share your perspective with others.
  • We’re inspired by your unwavering determination to achieve success, no matter the adversity you face along the way.
  • 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.
  • Identifying the problem is simply not enough. You’re instinctually creative with your approach in finding solutions to roadblocks.
  • Exposure to automation tools such as Selenium, TestNG or other testing frameworks
Responsibilities
  • Assist in the design and implementation of automated test scripts for software applications.
  • Support the maintenance and enhancement of existing automation frameworks.
  • Collaborate with QA teams to identify automation opportunities and streamline testing efforts.
  • Participate in code reviews and contribute to the improvement of the overall test automation process.
  • Gain experience with CI/CD tools and help integrate automated testing into deployment pipelines.
  • Work on improving and expanding automated coverage for functional, performance, and regression testing.

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

$437.2M

Headquarters

Culver City, California

Founded

N/A

Growth & Insights
Headcount

6 month growth

10%

1 year growth

24%

2 year growth

53%
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Simplify's Take

What believers are saying

  • The recent $169M Series E funding round indicates strong investor confidence and provides Altruist with significant capital to expand its offerings and market reach.
  • Partnerships with leading providers like Orion Advisor Solutions and Kwanti enhance Altruist's platform capabilities, making it more attractive to RIAs.
  • The addition of digital fixed-income trading broadens Altruist's service offerings, potentially attracting a wider range of clients.

What critics are saying

  • Competing against established giants like Schwab and Fidelity in the $128 trillion RIA market poses significant challenges for Altruist.
  • The reliance on a free service model may pressure Altruist's revenue generation if the vertically-integrated custodian service does not scale as expected.

What makes Altruist unique

  • Altruist's platform offers a unique combination of commission-free trading, automated rebalancing, and a model marketplace, setting it apart from traditional RIA platforms.
  • The company's vertically-integrated custodian service provides a seamless experience for RIAs, reducing overhead costs and enhancing operational efficiency.
  • Altruist's strategy of offering services for free to attract a large user base is a bold move in the financial services market, differentiating it from competitors who charge for similar services.

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