Opto Investments

Software Engineer, Backend

New York, New York, United States

Not SpecifiedCompensation
Entry Level & New GradExperience Level
Full TimeJob Type
UnknownVisa
Financial Services, Private Markets, Investment ManagementIndustries

Job Description

Position Overview

  • Location Type: Remote
  • Employment Type: Full-time
  • Salary: Not specified

Opto is engineering the future of private markets to improve client outcomes and drive capital to the most transformative ideas. The global alternative investments industry was worth an estimated $16.8T at the end of 2023, and is forecast to grow to $29.2T by 2029. Opto is a revolutionary end-to-end solution for wealth managers of any size - from small investment advisors to large multi-family offices to private banks - to build, fundraise for, and manage private markets programs at scale. We combine exceptional Silicon Valley engineering talent with experienced investors and industry specialists to fix this broken system through the power of technology. Our platform banishes the nightmare of slide decks, spreadsheets, and paperwork to the past, and arms our clients with the tools, data, and guidance to identify and access the right opportunities for their clients. Fixing private markets will not be easy and demands courage, but we’re not afraid to do things differently. We are unapologetically bold. We value strong opinions, clear communication, and purposeful execution.

Requirements

  • Not specified

Responsibilities

  • Be accountable for the delivery of high quality software projects in coordination with teammates and stakeholders on mutually agreed upon timelines.
  • Seek context and rapidly iterate on solutions to eliminate ambiguity and drive projects forward.
  • Participate actively in all phases of product development across specification, implementation, QA testing, deployment, and operations.
  • Foster a culture of collaboration by actively engaging in discussions, documentation, and code review.
  • Participate in all phases of product development.

Tech Stack

  • Frontend: React-based Next.js Typescript applications hosted in Vercel.
  • Backend: Python REST API services hosted as containerized applications in AWS.
  • Infrastructure: AWS Lambda for asynchronous tasks, Snowflake for data ingestion and warehousing.
  • Deployment: Completely automated, multiple times daily.

Company Information

Skills

React
Next.js
TypeScript
Python
REST API
AWS
Containerization
Software Development
Collaboration
Code Review

Opto Investments

Tech-driven private markets investment platform

About Opto Investments

OptoInvest offers a technology-driven investment platform for the wealth management community, focusing on private markets like private credit, private equity, real estate, and venture capital. The platform simplifies the investment process for fiduciaries by providing curated investment opportunities and customizable solutions, while aligning its interests with clients by investing its own capital in the deals it offers. Unlike competitors, OptoInvest does not receive fees from fund managers, fostering trust and commitment to client success. The company's goal is to enhance investment outcomes and build long-term partnerships with fiduciaries.

New York City, New YorkHeadquarters
2020Year Founded
$141MTotal Funding
SERIES_ACompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Company Equity
Home Office Stipend
Phone/Internet Stipend

Risks

Increased competition from tech-driven platforms could erode Opto's market share.
Reliance on strategic partnerships may risk client engagement if outcomes are not met.
Potential regulatory changes could impact Opto's business model and increase costs.

Differentiation

Opto aligns its incentives with clients by investing its own capital in deals.
The platform offers expertly curated investments and fully-customized solutions for fiduciaries.
Opto provides long-term, hands-on guidance throughout the investment lifecycle.

Upsides

Partnership with Mercer Advisors enhances Opto's client offerings and market reach.
Launch of Planner tool streamlines investment processes for advisors, improving efficiency.
New leadership roles focus on strengthening brand presence and expanding market reach.

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