Job Description, Responsibilities & Requirements
About the Position
We are seeking a Brokerage Operations Manager for our Saudi team. This role is fully remote and available across the EMEA region.
Responsibilities
- Monitor customer activity in near-real-time to manage trading exposure in margin and options.
- Review daily reporting and take appropriate action for exceptions.
- Follow Federal Reserve Regulation T and FINRA Rule 4210 when processing margin calls.
- Perform option expiration processes and risk mitigation.
- Focus on customer service.
- Drive process improvements and efficiencies.
- Review fraud alerts on a day-to-day basis.
- Handle ad hoc duties and projects as assigned.
Requirements
- Series 7 and 63 required, Series 4 preferred or ability to obtain within three months of employment.
- 3+ years of brokerage operations experience.
- Strong attention to detail, accuracy, and reliability with the ability to thrive in a fast-paced environment.
- Experience with FINRA, OCC regulations, and systems.
- Ability to work effectively and supportively within a team environment, and the ability to work independently.
- Must possess the ability to adapt to a changing business and regulatory environment.
- Enjoys challenges and taking ownership of new responsibilities.
We Offer
- Competitive Salary & Stock Options
- Health Benefits
- New Hire Home-Office Setup: One-time USD $500
- Monthly Stipend: USD $150 per month via a Brex Card
About the Company
Alpaca is a US-headquartered self-clearing broker-dealer and brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. Our recent Series D funding round brought our total investment to over $320 million, fueling our ambitious vision.
Amongst our subsidiaries, Alpaca is a licensed financial services company, serving hundreds of financial institutions across 40 countries with our institutional-grade APIs. This includes broker-dealers, investment advisors, wealth managers, hedge funds, and crypto exchanges, totaling over 9 million brokerage accounts.
Our global team is a diverse group of experienced engineers, traders, and brokerage professionals who are working to achieve our mission of opening financial services to everyone on the planet. We're deeply committed to open-source contributions and fostering a vibrant community, continuously enhancing our award-winning, developer-friendly API and the robust infrastructure behind it.
Alpaca is proudly backed by top-tier global investors, including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Derayah Financial, Elefund, and Y Combinator.
Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.