Artificial Intelligence / Machine Learning Engineer - Associate

iCapital

New York, New York, United StatesFull-time$100,000–$130,000Posted Nov 5, 2026

About the role

About the Role

iCapital is seeking an Associate AI Engineer to help build and scale production-grade AI systems that deliver real business outcomes. This role is ideal for an engineer early in their career who enjoys turning ambiguous problem statements into working systems, and who pairs creative problem-solving with disciplined measurement, reproducibility, and operational rigor. This individual will be on the AI/ML team and will work closely with senior AI and machine learning engineers, as well as cross-functional partners, to design, implement, evaluate, and operate AI capabilities as APIs and services in a real-world FinTech environment. This individual will be expected to bring strong analytical fundamentals, curiosity, and a bias toward delivering robust, maintainable systems.

Responsibilities

Design and implement modular AI capabilities including LLM-based reasoning, document intelligence (OCR/IDP), intelligent knowledge systems, and agentic orchestration to power internal and external workflow automation.

Own components of the full AI system life cycle to achieve tangible business outcomes, including scoping, POC, solution design, model development, deployment, monitoring and continuous improvement in production environments.

Build robust evaluation pipelines for AI systems, defining statistically sound, problem-specific metrics, constructing and curating benchmark datasets, and enforcing strict dataset and model versioning to ensure reproducibility and continuous improvement.

Collaborate across teams and communicate results clearly via documentation, write-ups, and handoffs.

Qualifications

2-3 years of relevant experience, including hands-on experience developing production AI/ML systems, including exposure to AWS or cloud-native development patterns for AI/ML workloads, and familiarity with AI development life cycle best practices

Strong proficiency in Python

Solid fundamentals in statistics, exploratory data analysis, and the ability to reason about data quality, experiments, and error patterns

Clear written and verbal communication with the ability to document work and collaborate in a team setting

Experience with modern LLM tooling (i.e. transformers, unsloth, vLLM, agentic frameworks) or document AI approaches (IDP)

Familiar with software development best practices (source control, CI/CD, testing, documentation) and working through a full development lifecycle

Experience with various agentic communication protocols, (i.e. MCP, A2A) is a plus

Benefits

The base salary range for this role is $100,000 to $130,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Responsibilities

  • Design and build AI capabilities for workflow automation, including LLM reasoning, document intelligence, and agentic orchestration.
  • Contribute to the full AI system lifecycle, from scoping and prototyping through deployment, monitoring, and improvement.
  • Develop evaluation pipelines, metrics, benchmark datasets, and versioning practices for reproducible AI systems.
  • Collaborate across teams and communicate results through documentation and handoffs.

Qualifications

  • 2–3 years of relevant experience developing production AI/ML systems.
  • Hands-on experience with AWS or cloud-native AI/ML development and AI development lifecycle practices.
  • Strong Python skills and fundamentals in statistics, exploratory data analysis, data quality, and experimentation.
  • Experience with modern LLM tooling or document AI approaches.
  • Familiarity with software development practices, including source control, CI/CD, testing, and documentation.
  • Clear written and verbal communication skills.
  • Experience with agentic communication protocols such as MCP or A2A is a plus.

Benefits

  • Equity for full-time employees and an annual performance bonus.
  • Employer-matched retirement plan.
  • Subsidized healthcare, including employer-paid dental, vision, telemedicine, and virtual mental health counseling.
  • Parental leave and unlimited paid time off.
  • In-office Monday through Thursday, with remote work flexibility on Friday.

Skills mentioned

PythonMachine LearningLarge Language ModelsTransformersAI AgentsAWSStatistical AnalysisExploratory Data AnalysisModel EvaluationCI/CD

About iCapital

Innovating at the intersection of technology and investment opportunity, iCapital streamlines the integration of alternative investment strategies into client portfolios. For asset managers seeking to capture private wealth assets and advisors looking to diversify through private market investing, iCapital provides the means to grow and scale efficiently. At the forefront of the digital transformation in investing, iCapital’s secure platform delivers a complete portfolio of management capabilities for education, transactions, data flows, analytics, and client support throughout the investment lifecycle. Through iCapital Marketplace, Enterprise Solutions, and Technology & Data Services, the iCapital operating system automates and streamlines complex investment workflows and seamlessly integrates with clients’ existing infrastructure, platforms, and tools. With $1.2 trillion of assets serviced globally on platform, including $327 billion in alternative platform assets, $311 billion in structured investments and annuities & insurance outstanding, and $563 billion in client assets reported on, iCapital serves nearly 3,900 wealth management firms and 144,000 active financial professionals globally. Headquartered in New York and Greenwich, CT, iCapital operates globally with 18 offices, including Zurich, Lisbon, London, Hong Kong, Singapore, Tokyo, Sydney, Abu Dhabi, and Toronto. iCapital has consistently been recognized for its outstanding innovation, fintech industry leadership, and performance, including Euromoney's World's Best Technology Provider for Wealth Management, CNBC's World's Top Fintech Companies, and Forbes Fintech 50. Nothing herein constitutes an offer to sell, or a solicitation of an offer to buy, any security or product. Please see iCapital’s Social Media Disclaimer for more information: https://icapital.com/social-media-disclaimer/

Technology1,001-5,000 employeesNew York, NY

H-1B sponsorship history

Historical employer filing data was found for iCapital. The employer record includes 18 historical certified applications. This is employer-level history, not a guarantee that this role currently offers sponsorship.