Who We Are:
Alpaca is a fast-growing series B fintech company that’s raised over $120 million in funding.Alpaca 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 Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Eldridge, Positive Sum, Elefund, and Y Combinator.And, of course, we are very enthusiastic about open source contributions as well as community building.
The Alpaca Team:
We have 150+ globally distributed (remote) team members who love to work from their favorite places in the world. We have team members based in the USA, Canada, Hungary, Japan, Brazil, Spain, Philippines, Nigeria, UK, and more! We love candidates who have a passion for making 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 help our team by focusing on Non-Financial Regulatory Reporting. The team is 100% distributed and remote. The role will be reporting directly to the VP of Operations.The team is 100% distributed and remote.
Things You Get to Do:
- Under minimal supervision, uses intermediate knowledge and skills obtained through experience and/or training to complete non-financial regulatory reporting and assist the firm in maintaining proper compliance with industry/firm rules and regulations’
- Act as the Firm’s principal on Non-Financial Regulatory Reporting. This includes CAT, CAIS, Equity Trade Reporting, LOPR, and short-interest reporting.
- Draft technical specifications for the firm’s developers to comply with securities regulatory reporting obligations
- Optimizing the broker-dealer clearing/correspondent client experience as it relates to ongoing regulatory reporting obligations
- Serves as an escalation point to resolve broad and complex operational issues related to NFRR
- Manage the process to establish, maintain, review, test, and modify Operations policies
- Establish and maintain written procedures to ensure efficient controls are in place, and any rules changes have been incorporated.
- Establish credible, collaborative, and influential relationships with key stakeholders across Operations, Engineering, Sales, Solutions, Product, and Compliance
- Effective running of forums with large stakeholder groups, for the identification, tracking, and remediation of data issues and control enhancements that impact the respective reports
- Perform other duties and responsibilities as assigned.
Who You Are (Must-Haves):
A successful candidate must have demonstrated in-the-weeds knowledge in one or more of the below-named systems including project management and day-to-day operation management:
- Consolidated Audit Trail Implementation (CAT): Desired skills include prior involvement on an implementation team regarding the order flow, BA work mapping firm functions to reporting scenarios and reporting UAT testing. Also, strong knowledge of account structures to assist with CAT CAIS implementation and testing is desired.
- Large Options Position Reporting (LOPR): Strong familiarity with daily operations of Large Option Position Reporting to the Options Clearing Corporation
- Short Interest Reporting: Understanding of the Short Interest Reporting rules and FINRA reporting system.
- Over the Counter Reporting Facility (OTCRF) and Trade Reporting Facility (TRF): Ability to create and submit trade reports and advise and implement regulatory rule changes.
- Global Markets Operations/Technology experience preferred
- Two years of trading experience
- Five years of brokerage experience
- Understanding of NFRR rules
- Experience with regulatory programs
- FINRA Series 7 license
- FINRA Series 24 license (or ability to obtain in 6 months)
- Strong attention to detail, accuracy, and reliability with the ability to thrive in a fast-paced environment
- Expert ability to improve the capabilities of production monitoring processes and corporately through skill development, process enhancement
- Experience with FINRA, Federal, and SEC regulations
- Ability to collaborate and work effectively in a remote team environment
- Must possess the ability to adapt to a changing business and regulatory environment
- Enjoys challenges and taking ownership of new responsibilities
- Self-starter takes initiative
- Must be proficient in G Suite, and Microsoft Office (Outlook, Work, Excel, Powerpoint) and Query database skills
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.Recruitment Privacy Policy
