Saudi Brokerage Operations Leader

Diagram; San Mateo (CA); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive Salary & Stock Options

Health Benefits

New Hire Home-Office Setup: USD 500

Monthly Stipend: USD 150 per month

Job summary

Alpaca is expanding its brokerage infrastructure in Saudi Arabia, and we’re looking for a Brokerage Operations Manager – Saudi to help build and scale our local operating model.

This hands-on role requires deep knowledge of Saudi markets and regulatory requirements, plus the ability to design SOPs, controls, and end-to-end workflows. You will partner with Product, Engineering, Compliance, Finance, Treasury, and other teams to support growth and reliable operations.

Qualifications

• 3–7+ years of experience in brokerage, securities, capital markets, or financial-services operations.
• Hands-on experience supporting equities, brokerage operations, trade operations, cash operations, or securities settlement.
• Strong understanding of the trade lifecycle, settlement, reconciliations, cash and money movements, and operational exception management.
• Experience developing, implementing, or maintaining operational procedures, SOPs, controls, or supervisory documentation.
• Familiarity with the Saudi financial markets ecosystem, local market practices, and relevant market infrastructure.
• Demonstrated ability to investigate operational issues, identify root causes, and drive issues through resolution.
• Strong attention to detail, accuracy, and operational risk awareness.
• Ability to operate in a fast-changing environment where processes and infrastructure may still be under development.
• Strong cross-functional communication skills and the ability to partner effectively with Product, Engineering, Compliance, Finance, Treasury, and other stakeholders.
• A builder mindset, with demonstrated interest or experience creating scalable processes.
• Ability to take ownership, work independently, and adapt as the business and regulatory environment evolves.

Responsibilities

• Help build and operate Alpaca’s Saudi brokerage operations function from the ground up.
• Develop, document, implement, and continuously improve SOPs, WSPs, operational controls, and escalation procedures for Saudi brokerage activities.
• Support day-to-day operations for Saudi equities, including trade lifecycle and post-trade operational workflows.
• Manage and oversee cash and money movement processes, including deposits, withdrawals, funding, settlement-related activity, reconciliations, and exceptions.
• Monitor daily operational activity and reporting, investigate breaks and exceptions, and coordinate timely resolution.
• Support operational processes involving Saudi market infrastructure, counterparties, banking partners, and other brokerage partners.
• Partner closely with Product, Engineering, Compliance, Finance, Treasury, and other teams to design scalable operational workflows as Alpaca expands its Saudi offering.
• Establish appropriate operational controls, documentation, reporting, service levels, and escalation frameworks.
• Identify opportunities to automate manual processes and improve operational efficiency, reliability, and scalability.
• Support new product and market launches by defining operational requirements, controls, testing, and readiness procedures.
• Serve as an operational subject-matter expert for Saudi brokerage processes and help troubleshoot complex issues as they arise.
• Support audits, regulatory requests, control testing, and other operational initiatives as needed.
• Take ownership of new responsibilities and projects as Alpaca’s Saudi business continues to grow.

Skills

Brokerage operations

Trade lifecycle

Cash operations

SOPs / controls

Cross-functional collaboration

Automation mindset

Operational risk awareness

ownership and independence

Builder mindset

Saudi market knowledge

Job description

Alpaca is expanding its brokerage infrastructure in Saudi Arabia, and we’re looking for a Brokerage Operations Manager – Saudi to help build and scale our local operating model.

This hands-on role requires deep knowledge of Saudi markets and regulatory requirements, plus the ability to design SOPs, controls, and end-to-end workflows. You will partner with Product, Engineering, Compliance, Finance, Treasury, and other teams to support growth and reliable operations.