Brokerage Operations Manager - Saudi

About Alpaca

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.

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.

What You'll 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.
• Maintain a strong customer service focus.
• Drive process improvements and efficiencies.
• Review fraud alerts on a day-to-day basis.
• Handle 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 and OCC regulations and systems.
• Ability to work effectively and supportively within a team environment, as well as independently.
• Ability to adapt to a changing business and regulatory environment.
• Enjoys challenges and taking ownership of new responsibilities.

Benefits & Perks

• 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