Director of Brokerage Operations

Who We Are: Alpaca is a fast-growing series B fintech startup that’s raised over $70 million in funding.  A lpaca is an API-first stock and crypto platform that enables developers and businesses across the world to build trading algorithms, applications, and brokerage services.  Our globally distributed team consists of developers, traders, and brokerage specialists, and is backed by a group of prominent investors and highly experienced industry angel investors, including Tribe Capital, Horizon Ventures, Spark Capital, Social Leverage, Elefund, Portag3, and Y Combinator.  And, of course, we are very enthusiastic about open source contributions as well as community building. The Alpaca Herd (Our Team): We have 200+ globally distributed (remote) team members who love to have work from their favorite places in the world. We have team members based in the USA, Canada, South Africa, Singapore, Hong Kong, India, Nigeria, Brazil, United Kingdom, and more! We love candidates who have passion to make a global difference in financial services and technology, by impacting local communities, and becoming a part of our hyper-growth company. Your Role: This is an opportunity to join a Fintech firm specializing in many facets of the broker dealer space. You will become one of the CORE influencers in the company. As the Director of Brokerage Operations, you’ll partner with the VP of Operations, Compliance, Risk, and other Directors of Operations in overseeing the broker dealer’s day to day functions including back-office processing. The team is 100% distributed and remote. The role will be reporting directly into the President – COO for the U.S. Broker Dealer. Things You Get To Do: Build and maintain strong working relationship across the organization. Support and manage teams for our new account customer onboarding, all cashiering related activities, tax related reporting, margin practices, including clearing back-office functions. Monitor and supervise daily processing and activity in accordance with SEC and FINRA broker dealer rules and regulations. Strong attention to detail and ability to understand upstream and downstream impacts to operational processes. Communicating effectively both written and verbally will be a key to your success. Provide and create procedures and processes which will help improve the client experience. Strong Customer Service focus Ad hoc duties and projects as assigned. Who You Are (Must-Haves): 10+ years’ experience in broker dealer and clearing correspondent back-office specifically related to new accounts, cashiering, tax reporting and margin (lending) related processes. Series 7 and 24 License required. Bachelor's degree in business or finance or equivalent experience In-depth knowledge of Broker Dealer Securities products Experience with banking and custodial relationships, including DTCC and OCC Thorough understanding of how the broker dealer correspondent clearing rules apply to the day-to-day business processes. Ability to work effectively and supportively within a remote team environment and the ability to work independently. Must possess the ability to adapt to a changing business and regulatory environment on the minutes notice. Enjoys challenges and taking ownership of new responsibilities.   Who You Might Be ( Nice-to-Haves):   Skilled in Broker Dealer Risk Management Knowledgeable of Broker Dealer Compliance   How We Take Care of You: Competitive Salary & Stock Options Benefits: Health benefits start on day 1. In the US this includes Medical, Dental, Vision. In Canada, this includes supplemental health care.  Internationally, this includes a stipend value to offset medical costs.    New Hire Home-Office Setup: One-time USD $500 Monthly Stipend: USD $150 per month via a Brex Card Work with awesome hard working people, super smart and cool clients and innovative partners from around the world Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.