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Developer APIs for stocks and crypto trading, investing apps, and embedded fintech.
Operations Control, Senior Manager
Location
United States + 29 moreAll locations: United States | Canada | Brazil | Colombia | Argentina | Chile | Venezuela | Bolivia | Ecuador | French Guiana | Guyana | Paraguay | Peru | Suriname | Uruguay | Mexico | Costa Rica | El Salvador | Guatemala | Honduras | Nicaragua | Panama | Dominican Republic | Puerto Rico | Bahamas | Guadeloupe | Haiti | Jamaica | Martinique | Montserrat
Posted
108 days ago
Salary
0
Seniority
Lead
No structured requirement data.
Job Description
Operations Control, Senior Manager
Alpaca
This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description Your Role: - Design, implement, and maintain the Ops Control framework across back-office operations, including settlement, clearing, custody, cashiering, margin, stock loan, and customer communications - Oversee ICOC review design, testing, and documentation to ensure reviews are risk-based, well-documented, and performed in accordance with applicable regulatory requirements - Independently verify that large and aged deficits, suspense items, stock record breaks, securities lending breaks, aged recalls, and fail positions are identified, escalated, and resolved within defined timeframes - Independently oversee and test operational processes performed by ops teams to confirm controls are properly designed, operating as intended, and consistently followed - Maintain a centralized controls inventory and monitoring hub (GRC tooling, dashboards, or internal platforms) covering control ownership, testing cadence, issues, and remediation status - Conduct thematic reviews to identify systemic control weaknesses and emerging risks - Challenge control design and execution where gaps exist and partner with operations leadership to drive durable improvements - Lead Ops Control exam preparedness, including coordination and support for internal audits, external auditors, and FINRA and SEC examinations - Partner with Product and Engineering to incorporate operational control considerations into new product development and change initiatives - Drive automation and the use of advanced tooling, including AI-enabled review processes, to improve control effectiveness, scalability, and sustainability Qualifications - 7+ years of experience in clearing broker-dealer back-office operations, Ops Control, or related control functions - Prior leadership experience in Ops Control, Clearing Operations, or Financial Control - Demonstrated hands-on knowledge of: - SEA Rules 15c3-1 and 15c3-3 - Margin and rehypothecation rules - FINRA Uniform Practice Code (Rule 11000 Series) - Broker fails, buy-ins, DK resolution, and exception management - Stock loan lifecycle, including aged loans and recalls - Customer statements, trade confirmations, and ICOC review - Proven ability to identify, test, and challenge operational controls, with a strong attention to detail and focus on reducing and resolving breaks - Direct experience supporting FINRA and SEC examinations - Clear, concise communicator able to summarize findings for both technical and non-technical stakeholders - Comfortable operating independently in a fast-paced, technology-driven, high-growth environment - Able to navigate ambiguity, prioritize competing deliverables, and proactively drive issues to resolution Benefits - 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
Job Requirements
- 7+ years of experience in clearing broker-dealer back-office operations, Ops Control, or related control functions
- Prior leadership experience in Ops Control, Clearing Operations, or Financial Control
- Demonstrated hands-on knowledge of: SEA Rules 15c3-1 and 15c3-3
- Margin and rehypothecation rules
- FINRA Uniform Practice Code (Rule 11000 Series)
- Broker fails, buy-ins, DK resolution, and exception management
- Stock loan lifecycle, including aged loans and recalls
- Customer statements, trade confirmations, and ICOC review
- Proven ability to identify, test, and challenge operational controls, with a strong attention to detail and focus on reducing and resolving breaks
- Direct experience supporting FINRA and SEC examinations
- Clear, concise communicator able to summarize findings for both technical and non-technical stakeholders
- Comfortable operating independently in a fast-paced, technology-driven, high-growth environment
- Able to navigate ambiguity, prioritize competing deliverables, and proactively drive issues to resolution
Benefits
- 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
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