Financial Engineer

ABOUT CAPITAL: Capital (www.captec.io) is a rapidly growing New York-based investment startup that is augmenting decades of financial markets expertise with a proprietary set of AI / machine learning tools designed to disrupt the traditional financial ecosystem and reimagine antiquated investment processes that have failed to keep pace with technology. The company was founded by alumni from Stanford, Oaktree, Oxford (Rhodes Scholarship), Draper Fisher Jurvetson (DFJ), KPMG, Class Dojo, and more. The team has over 75 years of experience on Wall Street and Silicon Valley, has raised over $250M to date from top-tier investment firms and has recently been featured in TechCrunch and Business Insider.

WHAT DOES A FINANCIAL ENGINEER DO AT CAPITAL?

As a Financial Engineer at Capital, you will work on mission-critical problems related to building and maintaining Capital's proprietary financial theory. Like Warren Buffett's concept of Owner Earnings, Capital's financial theory supports a generalizable and benchmark-able view of companies. Unlike Owner Earnings, this view leverages granular system-of-record data available only to investors in private companies building investment systems from the ground up in the 2020s. Creating and maintaining this theory requires the correct blend of financial sophistication and elegance. It requires maintaining an opinionated taxonomy that balances detail with generalizability. To do this well, you must be:

• An expert investor who has formed your views through first-hand experience in multiple asset classes (ex: credit vs. equity, public vs. private, growing vs. declining assets, etc.).
• A fluent software builder who can bring your ideas to life through working code
• A fluent data scientist or mathematician who can draw from a wide breadth of theory to solve financial problems

Maintaining these three qualities in one mind makes you a rare blend of skills and it is likely that you often get bored because you are unable to use all of these skills at once professionally. If you are a fit for this role, you know exactly what we are talking about as you read these words!

WHAT SKILLS HAVE YOU MASTERED PROFESSIONALLY TO PREPARE YOU TO BE A FINANCIAL ENGINEER?

• You have strong foundations in finance, math, and economics. You likely self-study history, philosophy and any other field that lets you expand and test your theories on how the world works.
• You write code fluently and quickly prototype your ideas but you shy away from writing unit tests. You see your power alley as generating theory and are comfortable handing that theory to your team mates to be productionized.
• You have a good eye for data visualization and a strong opinion about the most efficient way to consume information
• You have a strong view on how micro-economic data can be combined with macro-economic data to make actionable investment decisions. You have a good feel for the right level of detail you need to make financial decisions and know that errors compound so avoid boiling the ocean.
• You know that great investors predict company behavior and investor behavior. You are not dogmatic about a particular type of investing (momentum vs. value or short horizon vs. long horizon) and know that the best bets come from having unique predictive power and thus value unique data sources.
• You are not an accountant but you are comfortable diving into GAAP and IFRS, taking their best ideas to hone your taxonomy and leaving out unnecessary detail.
• You can see cash flows and slice them into structures that give you precise exposure to the risks you want to take. You can articulate these structures mathematically and you can comfortably translate that math into bullet points which the lawyers you collaborate with can transform into legal documents.

HOW WILL CAPITAL SUPPORT YOU?

• We are owners who are myopic about productivity regardless of how that is accomplished meaning unlimited PTO and a flexible WFH policy are important facets of our culture.
• We know that the best solutions come from synthesizing from a broad base of knowledge so we offer a learning stipend to pursue any kind of professional development or continuing education related or unrelated to your field.
• We believe that performing at your best is only possible when you have a strong foundation of health. We offer platinum medical, vision and dental coverage and OneMedical memberships for you and your dependents. We also offer gym memberships, FSAs & HSAs.
• Many of us recharge through our families and we are all passionate about building a better future. It is only natural for us to offer unlimited parental leave and fertility benefits.
• We "eat our own cooking" so offer 401k plans which can be co-invested into Capital's balance sheet vehicles making Capital's stellar investment performance available to you.
• We know that innovation is most possible when your needs are met so we offer stipends for wellness, transportation, and electronics (laptops, headphones, monitors - anything you need to do your best work)