Brokerage Operation Associate II (New Accounts Principal)
Brokerage Operation Associate II (New Accounts Principal)
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Who We Are:
Alpaca is a US-headquartered self-clearing broker-dealer and brokerage infrastructure for stocks ETFs options crypto fixed income 24/5 trading and more. Ourrecent Series C funding round brought our total investment to over $170 million fueling our ambitious vision.
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 6 million brokerage accounts.
Our global team is a diverse group of experienced engineers traders and brokerage professionals who are working to achieve our mission ofopening financial services to everyone on the planet. Were deeply committed to open-source contributions and fostering a vibrant community continuously enhancing our award-winning developer-friendly API and the robust infrastructure behind it.
Alpaca is proudly backed by top-tier global investors including Portage Ventures Spark Capital Tribe Capital Social Leverage Horizons Ventures Unbound SBI Group Derayah Financial Elefund and Y Combinator.
Our Team Members:
Were a dynamic team of 230 globally distributed members who thrive working from our favorite places around the world with teammates spanning the USA Canada Japan Hungary Nigeria Brazil the UK and beyond!
Were searching for passionate individuals eager to contribute to Alpacas rapid growth. If you align with our core valuesStay Curious Have Empathy and Be Accountableand are ready to make a significant impact we encourage you to apply.
Your Role:
Were looking for a detail-oriented proactive New Accounts Principal to join our fast-growing team. This role sits at the heart of our brokerage operations accounts department not just overseeing account openings but actively shaping how we scale improve and support them.
As the New Accounts Principal youll play a key role in our onboarding production and processes serving in a hands-on supervisory and service capacity. Youll review and approve new brokerage accounts in line with Alpacas KYC and CIP procedures apply fraud and risk controls and help ensure that every account opened meets our compliance standards.
Youll also act as a subject matter expert for escalated issues partnering closely with analysts internal product and engineering teams and external partners. This is a great opportunity for someone whos comfortable navigating evolving processes can spot gaps before they become problems and is eager to contribute to building thoughtful scalable systems while some of those systems are still taking shape.
If youre someone who values precision takes follow-up and follow-through seriously and thrives in a space where structure is still being built wed love to talk.
The Operations Accounts Team is 100% distributed and remote. This role will be reporting directly to the Director of Operations.
Things You Get To Do:
- Ensure compliance with the Firms KYC and CIP requirements for U.S. and international customers
- Review process and approve new accounts account updates options applications and escalated KYC/CIP issues
- Verify customer identification documentation in accordance with internal policy and regulatory standards
- Perform supervisory principal reviews for new account approvals
- Collaborate cross-functionally with support product engineering risk and compliance customer success and partners
- Contribute to the creation and maintenance of procedures playbooks FAQs and data-driven documentation
- Identify inefficiencies and manual workflows clearly communicate solution requirements to product or engineering and drive resolution through implementation and follow-up
- Bring metrics and insight to process effectiveness and bottlenecks
- Execute on ad hoc initiatives projects and remediations
- Act as a subject matter expert in onboarding flows and customer identity requirements
Who You Are (Must-Haves):
- 3 years of experience in brokerage operations client onboarding or compliance
- Series 7 24 and 4 registration
- Deep understanding of KYC CIP and relevant FINRA/SEC regulations
- Experience reviewing customer identity documentation and conducting diligence reviews
- Exceptional organizational skills and attention to detail
- Comfortable navigating multiple communication channels (Slack email ticketing tools) while maintaining clarity and accountability
- Natural project and task owner known for follow-up follow-through and documentation
- Comfortable in an environment where not everything is built yet and willing to work in it while building it
- Thrives in a fast-paced ever-changing environment with high ambiguity and constant learning
- High capacity for managing wide-ranging responsibilities and shifting priorities without losing focus on detail or follow-through
Who You Might Be (Nice-to-Haves):
- Bachelors degree or equivalent experience
- Experience supporting a global customer base
- Exposure to AML frameworks or sanctions screening
- Analytical mindset with the ability to identify trends in data and process
- Prior experience onboarding and reviewing business entities (KYB EDD ownership structures)
- Ability to retain and organize operational knowledge that may not be well documented or easily retrievable
- Possess foundational technical fluency (e.g. APIs data terminology basic architecture) to engage product engineering and data partners effectively and translate operational problems into actionable solutions.
How We Take Care of You:
- 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
Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.
Required Experience:
IC
Employment Type
Full-Time
