Brokerage Operations Associate , ACATS

Diagram; Paris; À distance; EUR 51 000 - 77 000; Plein temps

Résumé du poste

A fintech firm is seeking a professional to manage ACAT transfers. Responsibilities include processing requests, ensuring compliance, and improving operational procedures. Candidates should have at least 2 years of ACATS experience, knowledge of brokerage clearing operations, and excellent communication skills. This position offers competitive salary, health benefits, and a remote working environment.

Prestations

Competitive salary and stock options

Health benefits

New Hire Home-Office Setup: one-time USD 500

Monthly stipend: USD 150

Responsabilités

• Assist internal and external customers with Account Transfer Requests.
• Process ACAT transfers and ensure compliance with timelines.
• Identify documentation irregularities and suggest corrective measures.

Connaissances

ACATS experience

Knowledge of Brokerage Clearing operations

Excellent written and verbal communication skills

Ability to work independently

Basic knowledge of SQL

Ability to adapt to changing regulations

Formation

Associate’s degree in business-related field

Outils

Microsoft Office

Google Workspace

Description du poste

Overview

Who We Are: 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 C funding round brought our total investment to over $170 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, totalling over 6 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 are committed to open-source contributions and fostering a vibrant community, continually enhancing our award-winning, developer-friendly API and the robust infrastructure behind it.

Alpaca is 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.

Our Team Members: We are a dynamic team of 230+ globally distributed members who work from locations around the world, including the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond. We are seeking passionate individuals who align with our core values—Stay Curious, Have Empathy, and Be Accountable—and are ready to contribute to Alpaca’s rapid growth.

Your Role

This is an opportunity to join a fintech firm specializing in the broker-dealer space. You will focus on ACAT transfers as part of our distributed, remote team, reporting directly to one of the Firm’s Directors of Operations.

What You’ll Do

• Work with and assist internal and external customers with daily incoming and outgoing Account Transfer Requests.
• Assist with rebuilding and formalizing procedures for the transfers process to ensure business continuity.
• Assist the Director in processing ACAT transfers in/out activity and prepare for the transition to self-clearing in DTCC.
• Handle communications with Contra firms and Transfer Agents.
• Process Mass Account Transfers/Conversions (internal and external).
• Serve as the Firm's Subject Matter Expert on Transfers do's and don'ts.
• Research and respond to inquiry tickets regarding Account Transfers.
• Ensure ACAT requests are processed within the firm’s timelines and as outlined by industry guidelines.
• Be familiar with ACAT systems (NSCC), regulations and industry practices governing both ACAT and non-ACAT transfers.
• Identify documentation/processing irregularities and outline corrective measures.
• Assist with documenting procedures and updating processes as needed.
• Process ACAT free deliveries and fail reversals (FRVs).
• Work cross-functionally with other staff to create efficient operational processes that avoid control and quality deficiencies and monetary losses.
• Drive continuous operational improvement, update the control framework, and perform root cause and trend analyses of operational issues.
• Support business-unit management with policy frameworks and serve as a referral point for policy-related queries.
• Assist in automating daily self-clearing processes in collaboration with engineering.
• Prepare summary documentation/work papers for special projects and observations for management review.
• Participate in projects as needed and perform other duties as assigned.

Who You Are (Must-Haves)

• 2+ years of ACATS experience
• Knowledge of Brokerage Clearing operations
• Knowledge of financial industry rules, regulations and laws
• 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 decision making
• Excellent written and verbal communication skills
• Ability to work independently with attention to detail and collaboratively within a team
• Providing insights for continuously improving client experience and efficiency
• Ability to work independently in a fast-paced environment with multiple priorities
• Commitment to company tenets: Stay Curious, Have Empathy, Be Accountable
• Ability to work in a remote environment
• Basic knowledge of SQL, Metabase, or other database coding language
• Ability to work with Microsoft and Google document/spreadsheet solutions
• Flexibility to assist other functional areas when necessary
• Support department initiatives and company vision
• Ability to adapt to changing regulatory landscape in the financial industry
• Series SIE and 99 or higher securities license, or plan to pass the 99 within 180 days of employment

Nice-to-Haves

• Associate’s degree in business-related field and at least 5 years of experience in ACATS, cash and securities reconciliation, accounting, banking, or financial services
• Series 7
• Experience processing ACATs on DTCC’s portal

How We Take Care of You

• Competitive salary and stock options
• Health benefits
• New Hire Home-Office Setup: one-time USD 500
• Monthly stipend: USD 150 per month via Brex Card

Alpaca is an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.