Sobre

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. Our recent 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 of opening financial services to everyone on the planet. We're 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

• We're 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!

• We're searching for passionate individuals eager to contribute to Alpaca's rapid growth. If you align with our core values—Stay Curious, Have Empathy, and Be Accountable—and are ready to make a significant impact, we encourage you to apply.

Your Role

• This is an opportunity to join a Fintech startup at an exciting time! Become one of the CORE influencers in the company.
• The FinOp is a key role in the finance team and is responsible for overseeing the company’s financial and operational compliance with the SEC’s Net Capital Rule (Rule 15c3-1) and Customer Protection Rule (Rule 15c3-3).
• The Accounting & Finance team is 100% distributed and remote. This role will report directly to the CFO.

Key Roles and Responsibilities of a Series 27 FinOp

• 1. Financial Oversight and Reporting
• Supervise, review, and file FOCUS reports (Form X-17A-5) with FINRA and the SEC, typically monthly or quarterly.
• Monitor net capital levels to ensure the firm maintains the required minimum net capital at all times.
• Ensure timely filing of financial statements and supplemental reports, including annual audited financials.
• Oversee financial books and records, including general ledger, trial balance, and subsidiary ledgers.
• 2. Regulatory Compliance
• Interpret and apply SEC and FINRA rules, particularly SEC Rule 15c3-1 (Net Capital Rule) and 15c3-3 (Customer Protection).
• Ensure compliance with Rule 17a-3 and 17a-4 (recordkeeping requirements).
• Respond to regulatory inquiries and exams by FINRA, SEC, or other regulatory bodies.
• 3. Internal Controls and Risk Management
• Design and maintain adequate internal controls to safeguard customer and firm assets.
• Supervise systems to prevent and detect errors or fraud in financial reporting.
• Supervision of financial operations, reconciliations of firm and customer-related bank accounts, andthe back office ledger
• Partner with Operations and Finance to supervise day-to-day accounting
• Supervision and/or preparation of source entries and original books and records for Broker-Dealer, and ensure all periodic regulatory reporting requirements are met
• 4. Operational Supervision
• Oversee clearing and settlement processes, especially for self-clearing or carrying firms.
• Monitor cash and securities movements to ensure compliance with custody rules.
• Supervise margin calculations and related risk exposure.
• 5. Audits and Liaison Work
• Coordinate the annual independent audit of the firm’s financials.
• Act as liaison to auditors, regulators, and clearing firms on financial and operational issues.
• 6. Strategic and Managerial Input
• Advise management on capital adequacy, financing strategies, and the financial impact of new business initiatives.

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.
• Recruitment Privacy Policy