--- title: 'Software Engineer - Associate at iCapital' canonical: 'https://feeny.ai/job/software-engineer-associate-icapital-lisbon-e8t2h7131x1f' type: 'job' last_seen: '2026-09-13' --- # Software Engineer - Associate at iCapital - **Company:** iCapital - **Location:** Lisbon, Portugal - **Posted:** 2026-06-16 - **Last confirmed live:** 2026-09-13 - **Apply:** https://job-boards.greenhouse.io/icapitalnetwork/jobs/8576779002 ## Job description ## About the Role As a Software Engineer on the Fund Accounting team, you'll have the opportunity to shape the platforms and systems that define how our operations run at scale. This is a full-stack, end-to-end engineering role where your contributions — from architecture decisions to shipped features — directly improve efficiency, automation, and accuracy across fund finance workflows used by industry-leading institutions. You'll partner closely with Product Management through the full software development lifecycle, from requirements gathering to delivery, building solutions that solve real, high-stakes problems in a domain where precision and scale both matter. On the technical side, you'll work primarily with Ruby on Rails on the backend and React on the frontend. We value strong engineering fundamentals — if you bring a solid technical foundation and the drive to build exceptional products, you'll have full support to ramp on our technologies through mentorship and hands-on experience. Familiarity with finance and accounting concepts is a plus. Over time, domain knowledge becomes a meaningful force multiplier when your work is directly automating complex financial processes at the heart of the alternative investments industry. Responsibilities: - Backend feature development using Ruby (3.3.x) and Rails (8.x) - Frontend application development using React and Redux - Development of unit and integration tests using RSpec, Cucumber, and Capybara - Building prototypes and proof-of-concepts (POCs) - Active participation in recurring team meetings and ceremonies - Participation in peer code reviews as part of our SDLC and change management processes Qualifications: - Degree in Software Engineering or a related field is - 6+ years of full-stack web application development - 6+ years of development experience with React and Ruby on - Experience with frameworks such as Python / Elixir, PHP / Laravel or similar may compensate for less direct Ruby on Rails experience. - 6+ years of HTML and CSS development - Strong understanding of relational database concepts, data modeling, normalization, and object-relational mapping (ORM). - Passion for learning and adopting new - Ability to work independently and collaboratively within a team environment. - Strong problem-solving and analytical thinking - Excellent communication - Collaborative approach to software - Proficiency in written and spoken English is required. Portuguese fluency is required for positions based in Portugal. - Prior experience in the financial industry, including asset and wealth management, hedge funds, or investment banking, will be valued. We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office four days, with the flexibility to work remotely one day (Friday). ## Benefits iCapital offers a comprehensive benefits package that includes a total compensation program consisting of competitive salary, annual performance bonus, and equity for all full-time employees; healthcare with 100% employer-paid health and dental insurance; and generous paid time off (PTO). For additional information on iCapital Network, please visit https://www.icapitalnetwork.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc ## About iCapital ## Company Overview - **One-liner**: iCapital is the leading global financial technology platform that transforms how financial advisors, asset managers, and wealth managers access and manage alternative investments. - **Entity Type**: Private (late-stage) - **Headquarters**: New York City, New York, USA - **Founded**: 2013 - **Founders**: Lawrence Calcano (Chairman & CEO) and others ## Core Business - Primary industry/industries: Fintech, Wealth Management, Alternative Investments - Target customers: B2B – financial advisors, wealth managers, asset managers, and private banks - Mission or purpose statement: "Transform the World’s Investment Industry for Better Outcomes" by streamlining financial operations, enhancing technology infrastructure, and empowering smarter decision-making through reporting and analytics. ## Products & Services - **iCapital Marketplace**: A digital platform connecting wealth advisors and their high-net-worth clients to a curated selection of alternative investment funds (private equity, private credit, real estate, hedge funds). - **Enterprise Solutions**: White-label technology and operational infrastructure for large financial institutions to offer alternatives to their clients under their own brand. - **Data Intelligence**: AI-driven data management, reporting, and analytics tools (including capabilities from acquired firms Mirador and AltExchange) that provide portfolio transparency and performance insights. - **Annuities Platform**: A technology solution for distributing and managing fixed and structured annuities. - **Alternatives Distribution**: Services that help fund managers and issuers reach new sources of capital through the iCapital network. ## Market Standing - **Valuation**: Over $7.5 billion (as of the company’s most recent capital raise, according to icapital.com/about-us/) - **Key Metric**: $61.1 billion in active global assets on platform (as of May 31, 2026); over 1,200 fund manager/issuer relationships; 135,000+ financial professional users - **Notable Investors/Partners**: BlackRock (strategic investment), Ping An, Goldman Sachs, AMG, Hamilton Lane, WestCap, Citi Wealth (acquired its alternative investments feeder platform) - **Growth Signals**: Completed over $820 million in total capital raised; acquired multiple companies including Mirador (data management), AltExchange (AI-driven tech), and Parallel Markets (digital identity/compliance); recognized by Euromoney as "World’s Best Technology Provider for Wealth Management," named to CNBC’s World Top 250 Fintech Companies, and Forbes Fintech 50 ## Competitive Advantages - **Network Effects**: The largest open-architecture platform for alternatives, connecting thousands of advisors, hundreds of fund managers, and large financial institutions. - **Scale & Trust**: With over $61B in assets and partnerships with the world’s largest banks and asset managers, iCapital has a deeply entrenched position. - **End-to-End Technology**: A fully integrated suite covering deal sourcing, onboarding, compliance, reporting, and analytics — reducing operational friction for all parties. - **Global Reach**: 16 offices worldwide (New York, Zurich, London, Hong Kong, Singapore, Tokyo, Toronto, Lisbon, Sydney, Abu Dhabi, and more), providing a truly international footprint. ## Strategic Focus - **Global Expansion**: Deepening presence in Europe, Asia-Pacific, and the Middle East. - **Platform Expansion**: Moving beyond traditional alternatives into structured investments and annuities. - **AI & Data Leadership**: Leveraging acquisitions like AltExchange to embed AI-driven analytics and automation across the platform. - **Institutional Partnerships**: White-labeling the platform for large banks and wealth managers to scale alternatives distribution. ## Why Work Here - **Culture**: iCapital emphasizes open communication, transparency, integrity, collaboration, and excellence. The company has been recognized as a "Best Workplace" by Great Place to Work in Portugal and a "Best Startup Employer" by Forbes. - **Growth & Development**: The company views learning and development as a critical investment, with career growth initiatives at every level — from recent graduates to senior managers. The company has grown from its 100th employee milestone to hundreds of employees globally, offering significant upward mobility. - **Global & Collaborative Environment**: With 16 offices worldwide and an industry-leading R&D center in Lisbon, employees work on truly global teams. The company hosts monthly social events and volunteer opportunities. - **Benefits**: Generous unlimited paid-time off (PTO), employer-matched retirement plan, 100% employer-paid dental, vision, telemedicine, and virtual mental health counseling, and subsidized health care. Benefits vary by country. - **Office Policy**: Hybrid/office-based presence across global hubs. Offices are described as having fully-stocked kitchens and a collaborative atmosphere. ## Sources 1. [icapital.com](https://icapital.com/) 2. [icapital.com/about-us/](https://icapital.com/about-us/) 3. [icapital.com/careers/](https://icapital.com/careers/) 4. [job-boards.greenhouse.io/icapitalnetwork](https://job-boards.greenhouse.io/icapitalnetwork) 5. [linkedin.com/company/icapital-network-inc](https://www.linkedin.com/company/icapital-network-inc) ## Other roles at iCapital - [Regulatory and Compliance, ERISA - Senior Vice President](https://feeny.ai/job/regulatory-and-compliance-erisa-senior-vice-president-icapital-salt-lake-city-bnmmcvmwehsm) — Salt Lake City Utah, United States - [Regulatory and Compliance, ERISA - Senior Vice President](https://feeny.ai/job/regulatory-and-compliance-erisa-senior-vice-president-icapital-greenwich-z13msr2t9prn) — Greenwich Connecticut, United States - [Regulatory and Compliance, ERISA - Senior Vice President](https://feeny.ai/job/regulatory-and-compliance-erisa-senior-vice-president-icapital-new-york-new-york-pnp3zt27p1yq) — New York New York, United States - [Core AI Platform Architect - Vice President](https://feeny.ai/job/core-ai-platform-architect-vice-president-icapital-new-york-new-york-ay1tfsj2w7at) — New York New York, United States - [Core AI Platform Engineer - Assistant Vice President](https://feeny.ai/job/core-ai-platform-engineer-assistant-vice-president-icapital-new-york-new-york-b3pg06a4kb8g) — New York New York, United States - [Structured Investments Distribution - Analyst](https://feeny.ai/job/structured-investments-distribution-analyst-icapital-new-york-new-york-x2rgzrb14r4a) — New York New York, United States - [Fund Finance, Private Capital Feeder Funds - Assistant Vice President / Vice President](https://feeny.ai/job/fund-finance-private-capital-feeder-funds-assistant-vice-president-vice-sksttk70madf) — Lisbon, Portugal - [Global Payroll - Associate / Assistant Vice President](https://feeny.ai/job/global-payroll-associate-assistant-vice-president-icapital-new-york-new-york-qwch2w8d7fre) — New York New York, United States - [Software Developer - Assistant Vice President](https://feeny.ai/job/software-developer-assistant-vice-president-icapital-lisbon-wkyzfwrkhdmm) — Lisbon, Portugal - [Alternatives Distribution, Hybrid Sales - Associate / Assistant Vice President](https://feeny.ai/job/alternatives-distribution-hybrid-sales-associate-assistant-vice-president-65abvsxggawh) — Greenwich Connecticut, United States