Brokerage Operations Manager - Saudi

Alpaca; United States; Remote; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive Salary & Stock Options

Health Benefits

New Hire Home-Office Setup: USD 500

Monthly Stipend: USD 150 via Brex Card

Job summary

Alpaca, a US-headquartered fintech, is seeking a Brokerage Operations Margin and Option Associate to monitor margin and option risk in real time and support regulatory-compliant processes. You will work closely with the Director of Brokerage Operations to ensure accurate margin calls and risk mitigation actions.

Ideal candidates have Series 7 and 63 licenses, with Series 4 preferred or obtainable within three months, and 3+ years in brokerage operations.

Qualifications

• Series 7 and 63 required; Series 4 preferred or ability to obtain within three months of employment.
• 3+ years of brokerage operations experience.
• Experience with FINRA, OCC regulations and systems.
• Ability to work effectively in a team and independently, in a changing regulatory environment.

Responsibilities

• Monitor customer margin and option risk in near real time.
• Review daily reporting and take action on exceptions.
• Follow Regulation T and FINRA Rule 4210 for margin calls.
• Perform option expiration processes and risk mitigation.
• Review fraud alerts and support ad hoc duties as needed.

Skills

Attention to detail

Regulatory adaptability

Team collaboration

Education

Series 7 & 63 licenses

Series 4 license (preferred)

Job description

Who We Are:

Alpaca is a US-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more.

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 10 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 backed by $400 million in funding from top-tier global investors including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Opera Tech Ventures, SBI Group, Derayah Financial, Unbound, Peak XV, Elefund, and Y Combinator.

Our Team Members:

We’re a dynamic team of 400+ globally distributed members who thrive working from our favorite places around the world, with teammates spanning the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond!

We’re searching for passionate individuals eager to contribute to Alpaca’s rapid growth. If you align with our core values—Stay Curious, Have Empathy, and Be Accountable—and are ready to make a significant impact, we encourage you to apply.

Your Role:

This is an opportunity to join a Fintech startup at an exciting time! As the Brokerage Operations Margin and Option Associate, you’ll partner with the Director of Brokerage Operations in monitoring customer margin and option risk in real time.

Things You Get To Do:

• 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.
• Customer Service focus.
• Drive process improvements and efficiencies.
• Review fraud alerts on day to day basis.
• Ad hoc duties and projects as assigned.

Required Qualifications And Experience:

• 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

How We Take Care of You:

• 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

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

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