Frec is making sophisticated investing strategies simple and accessible. Low-cost direct indexing with supercharged tax savings. Earn high interest on cash with Treasury. Next-level investing without a wealth advisor. Backed by Greylock.
About the role
Quantitative Engineering & Algorithm Development: You will live at the intersection of mathematics, finance, and software engineering. You will own the design, implementation, and optimization of the core algorithms driving our long only and long-short direct indexing engines. You take pride in translating complex investment models into highly accurate, performant, scalable, and stable production code.
What they're looking for
- Advanced degree in a quantitative field such as Engineering, Computer Science, Applied Mathematics, Physics
- Strong analytical mindset with intellectual curiosity in investment management
- Investment/finance knowledge (experience with Cash Equities is a plus)
- Strong problem solving skills and attention to details, and ability to explain the ideas that underlie them
- Strong programming background in an object oriented language
- A self-starter who embraces ownership and accountability, should have the ability to work independently as well as thrive in a team environment
More about this role
We created Frec to expand the possibilities for everyone and their money. We’re a tight team of builders, creators, and designers who want to be smarter with our money for our futures and our families. As a quantitative developer at Frec, you’ll create products that enable us to level the financial playing field and empower people to manage their own money. Some values we identify with are accountability, humility, compassion, and teamwork. If this resonates with you, join us at this pivotal time to help shape our structures, systems, and Frec’s future.
Frec highly values product ideas and feedback from all employees, in a true bottoms-up fashion. This means as a quantitative developer, you will work with a growing team comprised of quantitative researchers, software engineers, product managers, designers, and brokerage operations professionals to ideate, prioritize, prototype, develop, test, and iterate on software that will educate and equip people with newer and smarter ways to build wealth. We’re looking for engineers who have an unrelenting sense of urgency and capability to move fast, have a strong sense of ownership, ability to deal with ambiguity and are enthusiastic about...
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