What are the responsibilities and job description for the Engineering Manager, Market Data position at 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 - butwe 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.
The opportunity
Altruist is in the midst of an exceptional growth phase and we're excited to hire a hands-on Engineering Manager to lead our Market Data team, which is responsible for building and maintaining low-latency, high-throughput market data systems. This team ensures that Altruist delivers real-time and security master market data to support trading, analytics, and reporting.
As an Engineering Manager, you will lead and grow a team of skilled backend engineers while remaining technically involved in system architecture, design, and development. You will collaborate closely with Product, Trading, and Infrastructure teams to ensure our market data platform is resilient, scalable, and accurate.
Your impact
- Lead & Manage : Oversee and mentor a team of backend engineers, fostering a culture of ownership, collaboration, and continuous improvement
- Hands-on Development : Contribute to system design and coding, ensuring best practices in software engineering and high-quality delivery
- Build & Optimize Market Data Systems : Design and enhance low-latency market data pipelines, tick data, and real-time streaming APIs
- Ensure Reliability & Performance : Drive improvements in monitoring, alerting, and failover mechanisms for market data services
- Collaborate Across Teams : Work closely with Trading, Product, and Infrastructure teams to integrate and optimize market data usage
- Hire & Retain Talent : Recruit top engineering talent and create an environment where engineers can do their best work
What you bring
7 years of backend engineering experience with a strong focus on distributed systems and real-time data processing
A strong understanding of financial markets, trading workflows, and FIX protocols
New York, NY salary range
200,000-$249,000 USD
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. Please note that perks and benefits are only applicable for full-time staff employment opportunities.
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.
Salary : $200,000 - $249,000
