Quantitative Engineering Intern - Summer 2025
Altruist
About Altruist
Altruist is the modern custodian built exclusively for independent financial advisors that combines a self-clearing brokerage firm with intuitive software for account opening, trading, reporting, and billing — all in one streamlined solution. Financial advisors across the U.S. have partnered with Altruist to reduce costs, save time, grow their business, and provide better outcomes for their clients. Our mission is to make financial advice better, more affordable, and accessible to everyone — but we can’t do it alone. We’re seeking exceptional talent to join our team. That’s where you come in!
If you’re passionate about challenging the status quo and making a meaningful impact in the financial advice industry, we’d love to meet you!
But first, our values
Kindness - Kindness doesn’t just equal niceness. We listen to understand. We embrace, and encourage healthy debate and diverse perspectives. We approach conflict openly, honestly, and respectfully.
Brilliance - Humility is the skill we’re most proud of and possessing a growth mindset is always top of mind. We take ownership in everything we touch; regularly using our unique superpowers to reach a common goal as a team. We succeed and fail as one.
Grit - When challenges arise, we stay laser focused on achieving our mission and finding a way forward, even when it’s hard. We are nimble and maintain a sense of urgency, swiftly adapting to change and overcoming obstacles.
Role Overview:
As a Quantitative Investing Intern on the Investment Solutions teams at Altruist, you will gain hands-on experience in developing investment strategies that are deeply coupled with their technical implementation. You will collaborate with cross-functional teams, including engineering, design, operations, and compliance, to develop and bring new investment capabilities to life. This is an exciting opportunity to help shape the future of the financial services industry while working in a fast-paced, mission-driven environment.
Key Responsibilities:
- Perform research on financial data using optimization software and statistical packages.
- Analyze and develop investment strategies that can be personalized at scale to deliver value through risk exposures, tax management, and implementation edge.
- Collaborate with the engineering and design teams to ensure successful product development, testing, and deployment.
- Support product launch activities, including user documentation, training materials, and client communication.
- Analyze data and user behavior to assess the impact of new product features and identify areas for further optimization.
- Provide support in user acceptance testing (UAT) and help ensure product quality and reliability.
Qualifications & Requirements:
- Strong expertise writing to code for data manipulation, data visualization, statistical analysis, and optimization, ideally in Python
- Experience querying databases using SQL
- Basic understanding of fundamental financial concepts, including portfolio analysis and construction
- Demonstrated ability to solve novel problems with flexible thinking
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- Currently pursuing a Bachelor’s or Master’s degree in Economics, Computer Science, Engineering, or a related field.
- Excellent communication and collaboration skills, with a keen ability to work in cross-functional teams.
- Eagerness to learn, take initiative, and contribute to innovative solutions in the fintech space.
- Strong attention to detail, with a focus on user experience and product quality.
- Ability to work independently and manage multiple tasks in a fast-paced, dynamic environment.
- Familiarity with financial planning and tax management is a plus
What we bring
Attracting and retaining top-tier talent is a priority. We are proud of the culture we’ve built and are cognizant of the ever-changing professional landscape. Our dynamic offering of perks and benefits are tailored for you to feel your best while doing your best.
- A hybrid work schedule to promote strong, in-person collaboration and a healthy work-life-balance.
- Stunning, amenity-filled office spaces in Culver City, CA and Dallas, TX. Our offices are intentionally designed for comfort, collaboration, and productivity. Employees get to enjoy free parking and EV charging, cold-brew and kombucha on tap, a fully stocked pantry with snacks, etc.
- Competitive salary and equity packages
- Premium healthcare, dental, and vision insurance plans
- 401k savings plan with matching contributions and immediate vesting
- Flexible PTO so you can satisfy your passions outside of work
- Generous paid parental leave
- Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee
- Physical and emotional wellness programs that nurture both your mind and body
- Company perks program (includes discounts on pet insurance, fitness, cell phone plans, entertainment and travel, etc.)
- Financial guidance program (includes counseling on navigating debt, tracking personal spend, saving and planning goals, home-purchasing preparedness, etc.)
Total compensation includes a competitive benefits package along with equity in the form of Stock Options (ISOs). A salary offer will be determined by a number of factors including experience, skill level, internal pay equity, geographic location, and other relevant business considerations. We review all employee pay and compensation programs regularly to ensure fair, equitable, and competitive pay. At Altruist, we are committed to providing fair, equitable, and competitive compensation by leveraging market data to inform our pay bands. Base salaries will be reviewed at regular intervals throughout the year, typically in conjunction with performance review cycles. By evaluating compensation on a regular basis, we are able to reward high performance and ensure all employees have opportunities for growth.
Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Altruist we are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.