Brokerage Operations: Margin & Options Lead

Alpaca; United States; Remote; USD 70,000 - 100,000; Full time

Benefits offered by this job

Stock options

Home-office setup

Monthly stipend

Job summary

Alpaca, a US-headquartered fintech leader, is seeking a Brokerage Operations Margin and Option Associate to partner with the Director of Brokerage Operations, monitoring customer margin and option risk in real time.

You will review daily reporting, manage margin calls under Reg T and FINRA Rule 4210, perform option expiration processes, and drive process improvements while delivering strong customer service.

Qualifications

• Series 7 and 63 required; Series 4 preferred or obtainable within 3 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

Responsibilities

• Monitor customer activity in near-real-time to manage trading exposure in margin and options
• Review daily reporting and take action for exceptions
• Follow Reg T and FINRA Rule 4210 when processing margin calls
• Perform option expiration processes and risk mitigation
• Provide customer service focus
• Drive process improvements and efficiencies
• Review fraud alerts on a day-to-day basis
• Ad hoc duties and projects as assigned

Skills

Brokerage operations

Regulatory compliance

Attention to detail

Team player

Adaptability

Ownership mindset

Job description

Alpaca, a US-headquartered fintech leader, is seeking a Brokerage Operations Margin and Option Associate to partner with the Director of Brokerage Operations, monitoring customer margin and option risk in real time.

You will review daily reporting, manage margin calls under Reg T and FINRA Rule 4210, perform option expiration processes, and drive process improvements while delivering strong customer service.