Brokerage Operations Associate - Operations Control

Your Role: This is an opportunity to join a Fintech firm specializing in many facets of the broker-dealer space. You will help our team by focusing on money movements and ACAT transfers. The team is 100% distributed and remote. The role will be reporting directly to one of the Firm’s Director of Operations. Things You Get To Do: Takes ownership of and independently handles the resolution of complex discrepancies. Produce timely, quality and relevant reporting. Regularly communicate amendments to policies and procedures. Verify and reconcile securities held at various depositories Create reports on money discrepancies between our internal ledger and external platforms Ensures reconciliations are accurate, complete and that discrepancies have been resolved in a timely manner Works with other internal teams, fostering an environment that encourages participation, teamwork and communications. Ensures industry rules, regulations and securities laws are adhered to for 15c3-3 and proper action is taken Maintains orderly and readily obtainable records for research and examination purposes Prepares summary documentation/work papers for special projects/observations, submitting to management for review Performs data collection and analysis to ensure the firm is in compliance with regulatory requirements Tests controls and measures to identify excessive operational risk and/or control problems at an early stage and works with staff to maintain quality and efficiency standards Works cross-functionally with other staff to create highly efficient operational processes that avoid control and quality deficiencies and associated monetary losses. Escalates observations/issues to Management that require attention in order to mitigate risk Assists the Director in completing all Internal Audit and Regulatory reviews for the operating group and to ensure that review findings are effectively resolved. Driving continuous operational improvement, updating of the control framework and undertaking root cause analysis and trend analysis of operational issues  Support the business unit management with the application of policy frameworks and become established as a referral point for policy related queries.   Participates on projects as needed Performs other duties and responsibilities as assigned Who You Are (Must-Haves): 2+ years of Operations Control and DTCC Settlement experience Knowledge of Brokerage Clearing operations and how functions performed by Regulatory Reconciliations Knowledge of Financial industry rules, regulations and laws relating to processes performed by Regulatory Reconciliation Possess general knowledge of U.S. securities back office operations of a broker-dealer and/or carrying firm Ability to Identify relationships, draw logical conclusions and interpret results for use in decision making Excellent written and verbal communication skills Ability to work independently with attention to detail as well as collaboratively within a team environment Providing insights for continuously improving our client experience and providing efficiency Ability to work independently in a fast-paced environment with multiple priorities Must be able to follow company tenets of: Stay Curious Have Empathy Be Accountable Be able to work in a remote environment Have basic knowledge of SQL, metabase, or other database coding language  Easily adapt between Microsoft and Google document and spreadsheet solutions Be flexible to assist other functional areas when necessary Support department initiatives and company vision Must be able to change and adapt to the ever-changing regulatory landscape of the financial industry Possess a Series SIE and 99 or higher securities license or achieve a passing result on the 99 within the first 90 days of employment Who You Might Be ( Nice-to-Haves): Associate’s degree in a business-related field and a minimum of five (5) years of experience in the areas of cash and securities reconciliation, accounting, banking, and/or financial services industry. Series 7 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.