Fixed Income Trader & Operations Associate II

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

Job summary

Alpaca is seeking a Fixed Income Trader & Operations Associate II to manage the firm's fixed income offerings. This role involves trade execution, operational oversight, and regulatory compliance. Ideal candidates will have a strong background in fixed income, excellent communication skills, and the ability to work independently in a fast-paced environment.

Benefits

Competitive Salary & Stock Options

Health benefits starting on day 1

New Hire Home-Office Setup: One-time USD $500

Monthly Stipend: USD $150 per month

Qualifications

• Minimum 5 years in the fixed income industry.
• Comprehensive knowledge of trading and operational processes.
• Experience with clearing and settling Fixed Income products.

Responsibilities

• Oversee and provide expertise across Fixed Income Product Offering.
• Manage day-to-day operations including trade execution and settlements.
• Ensure compliance with regulatory requirements.

Skills

Communication

Problem-Solving

Organizational Skills

SQL

Data Analysis

Education

Bachelor’s degree in Finance, Business Administration, Economics, or related field

Tools

Google Suite

Job description

Fixed Income Trader & Operations Associate II

Global - Remote Anywhere

Who We Are:

Alpaca is a US California headquartered brokerage infrastructure technology company and self-clearing broker-dealer, delivering execution and custody solutions for Stocks, ETFs, Options, Cryptocurrencies, and more, and has raised over $170 million in funding. Amongst our subsidiaries, Alpaca is a licensed financial services company in multiple countries, and we serve hundreds of financial institutions globally such as broker-dealers, investment advisors, hedge funds, and crypto exchanges.

Alpaca’s globally distributed team members bring in diverse experiences such as engineers, traders, and brokerage professionals to achieve our Mission of opening financial services to everyone on the planet. We are also deeply committed to open-source contributions and fostering a vibrant community. We will continue to enhance and improve our award-winning developer-friendly API and the infrastructure behind it.

Our Team Members:

We’re a team of 150+ globally distributed members who love working from our favorite places worldwide. Our team spans the USA, Canada, Japan, Hungary, Nigeria, Brazil, the United Kingdom, and more!

We’re looking for candidates eager to join Alpaca’s growing organization, who are excited about our Mission of “Open financial services to everyone on the planet and share our Values of “Stay Curious,” “Have Empathy,” and “Be Accountable.”

Your Role:

As a Fixed Income Trader & Operations Associate II you will be responsible for all aspects of the firm's fixed income product offering. The job includes handling the buying and selling across all fixed income products approved by the firm such as the U.S. Treasuries Bonds, Bills, and Corporate Bonds. You will also be responsible for helping the firm build out the product offering and operational structure which includes regulatory reporting requirements, client communication, and all project related activities to make sure the firm has the most effective fixed income offering.

Things You Get To Do:

• Trader/Operational Subject Matter Expert to oversee and provide specialized expertise across all aspects of the Fixed Income Product Offering.
• Help manage the day-to-day operations of the Fixed Income Product Offering, including trade execution, clearing, settlements, and corporate actions, ensuring accuracy and efficiency across processes
• Partner with internal teams, including trading, operations, and external partners (execution venues and custodians), to create comprehensive day-to-day workflow documentation.
• Leverage the firm’s technology stack to streamline trading and operational workflows, creating efficiencies across the fixed income lifecycle.
• Provide feedback and actionable suggestions for continuous improvement of the Fixed Income product offering.
• Partner with the Compliance team to ensure the Fixed Income operations adhere to all regulatory requirements, providing input and expertise to assist in the creation and maintenance of the firm’s written supervisory procedures.

Who You Are (Must-Haves):

• Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
• Has a minimum of 5 years in the fixed income industry
• Must possess comprehensive knowledge of the fixed income space, including trading, regulatory requirements, and operational processes such as execution, reconciliations, corporate actions, and tax considerations.
• Proven experience with clearing and settling Fixed Income products, particularly through FICC
• Experienced in SQL and Google Suite; familiarity with additional data analysis or workflow tools is a plus.
  Excellent organizational skills, and a problem-solver who is able to provide effective solutions
• Effective communication skills, both written and verbal, to interact with internal and external stakeholders.
• Ability to work independently, manage priorities, and meet deadlines in a fast-paced environment.
• Has a Series SIE, 99, and 57, 24 preferred but not required.

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. In Japan, you are offered local benefits. 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.

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LinkedIn Profile

What is the one thing that you worked on recently that you are incredibly proud of? *

Have you managed day-to-day operations in Fixed Income, including trade execution, settlements, and corporate actions? * Select...

Are you experienced with clearing Fixed Income products, specifically through FICC? * Select...

Do you currently hold, or are you willing to obtain, Series SIE, 99, 57, or 7 licenses as required for this role? * Select...