[Remote] Senior Software Engineer, Risk and Margin at Alpaca

Americas

Alpaca Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
FinTech, Brokerage, Financial ServicesIndustries

Requirements

  • Bachelor’s or Master’s degree in Computer Science, Engineering, or related field
  • 7+ years of software engineering experience, with at least 3 years in trading, fintech, or high-performance systems
  • Strong programming skills in Go, C++, or Java; Python experience
  • Deep understanding of operating systems, networking, and concurrency
  • Proven experience in low-latency optimization and performance tuning
  • Familiarity with FIX, OUCH, ITCH, or other trading protocols
  • Experience building distributed, fault-tolerant systems
  • Solid knowledge of databases, caching, and messaging systems (Postgres, Redis, Kafka, RabbitMQ, etc.)
  • Strong problem-solving skills, attention to detail, and ability to work under pressure
  • Preferred Skills
  • Experience with equities, derivatives, or FX trading systems
  • Knowledge of clo

Responsibilities

  • Design and implement high-performance trading infrastructure, including order management systems, execution gateways, and market data distribution
  • Optimize low-latency systems for throughput, determinism, and fault tolerance
  • Integrate with global exchanges, brokers, and ECNs, ensuring robust FIX/FAST/OUCH/ITCH connectivity
  • Build real-time risk checks and margin controls aligned with compliance requirements
  • Develop and maintain core libraries, APIs, and frameworks used across trading desks
  • Collaborate with quants and traders to prototype and productionize new strategies
  • Monitor, debug, and optimize production systems to ensure high availability and rapid recovery
  • Mentor junior engineers and set engineering standards for code quality, testing, and deployment

Skills

Software Engineering
Trading Systems
Order Routing
Execution Engines
Market Connectivity
Real-time Risk
APIs
Distributed Systems

Alpaca

API-first brokerage for stock trading

About Alpaca

Alpaca Securities LLC operates in the stock brokerage industry by providing an API-first brokerage service that allows other businesses to create their own trading applications. This service enables companies to integrate stock trading functionality into their platforms without the need to become brokers themselves, saving them time and resources. Alpaca's API supports seamless trading experiences for users and includes features like Local Currency Trading, which allows international investors to trade US stocks in their local currency. Additionally, Alpaca offers crypto wallets and coin pair trading, expanding the financial services available to its clients. Unlike traditional brokers, Alpaca focuses on a business-to-business model, catering primarily to other companies that want to offer trading services to their customers. The goal of Alpaca is to simplify the trading process for businesses and their users while providing a secure and efficient platform for executing trades.

San Mateo, CaliforniaHeadquarters
2015Year Founded
$84.5MTotal Funding
CONVERTIBLECompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Competitive salary & stock options
Medical, dental, & vision
Home office setup stipend
Monthly Brex Card stipend

Risks

Increased competition from fintech platforms like GUGU offering commission-free trading.
Potential regulatory challenges in international markets may complicate Alpaca's expansion.
Self-clearing transition introduces operational risks in managing settlement processes.

Differentiation

Alpaca offers API-first brokerage services, enabling businesses to build trading applications.
Alpaca supports local currency trading, simplifying US stock trading for international investors.
Alpaca provides crypto wallets and coin pair trading, expanding financial services for clients.

Upsides

Alpaca's self-clearing transition enhances asset transfers and securities lending opportunities.
Partnership with Derayah Financial accelerates Middle Eastern business expansion for Alpaca.
Alpaca's limit orders and extended hours trading for fractional shares lead retail trading.

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