Full-Time

Quantitative Finance Software Engineer

Posted on 8/27/2024

Boosted.ai

Boosted.ai

51-200 employees

AI tools for investment decision-making

Fintech
AI & Machine Learning
Financial Services

Junior, Mid

Toronto, ON, Canada

Category
FinTech Engineering
Software Engineering
Required Skills
Agile
Python
Git
AWS
Pandas
JIRA
NumPy
Requirements
  • BS or MS in financial engineering, computer science or engineering
  • 2+ years experience as a developer in investment management, banking, or fintech
  • 2+ years working in Python with scientific libraries (NumPy, Pandas, SciPy, Scikit-learn)
  • Knowledge of the financial markets, portfolio construction, and quantitative approaches
  • Understanding of large-scale software code best practices (OOP, design patterns)
  • Experience with production software development tools (Git, AWS, Jira, Agile)
  • Exposure to traditional statistics, artificial intelligence, and machine learning in finance
  • Ability to work in a team environment and communicate effectively with team members, managers, and other colleagues
Responsibilities
  • Work directly with product owners to research and develop portfolio construction techniques that our clients use to tackle complex problems
  • Contribute high-quality, production code to the development of internal quant codebases
  • Solve analytically challenging problems to drive portfolio performance
  • Collaborate with web developers, cloud engineers, and data engineers to integrate our quantitative finance applications into the larger Boosted ecosystem
  • Play a part in the shared monitoring, support, and maintenance of existing applications

Boosted.ai enhances the investment decision-making process for institutional asset managers and wealth managers by providing AI-driven tools. Its platform features a virtual AI companion that offers insights into market events, accelerates stock research, and improves portfolio management. Users can customize the platform to fit their specific portfolios and investment strategies, as it analyzes existing holdings, risk profiles, and investing styles to make personalized recommendations. The technology processes vast amounts of information from news sources and financial reports to deliver relevant trends and insights. Boosted.ai operates on a subscription model, allowing clients to access its services to save time and improve investment decisions. The goal is to empower financial firms with machine learning software that enhances productivity and supports data-driven investment strategies.

Company Stage

Late Stage VC

Total Funding

$67.6M

Headquarters

Toronto, Canada

Founded

2017

Growth & Insights
Headcount

6 month growth

1%

1 year growth

-1%

2 year growth

2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recent $15 million funding round indicates strong market interest in AI investment solutions.
  • Appointment of Geoffrey Clauss as CRO could boost sales strategy and revenue growth.
  • Inclusion in CB Insights' AI 100 list enhances Boosted.ai's industry recognition.

What critics are saying

  • Increased competition from other AI-driven fintech companies could erode market share.
  • Rapid AI advancements may necessitate costly updates to Boosted.ai's platform.
  • Potential regulatory scrutiny on AI in finance could increase compliance costs.

What makes Boosted.ai unique

  • Boosted.ai offers AI-driven tools without requiring coding or data science skills.
  • The platform provides personalized investment recommendations based on user-specific portfolios.
  • Boosted.ai's technology analyzes vast data sources for relevant market trends and insights.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE