Brokerage Operations Associate I - Clearing & Settlement Remote - India

Alpaca

Remote regions

Global

Benefits

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Your Role:

  • Focus on money movements and ACAT transfers.
  • The team is 100% distributed and remote.
  • Reporting directly to the Firm’s Director of Operations.

Things You Get To Do:

  • Settle securities transactions by processing deliver orders (DOs) on DTCC RAD.
  • Collect marks-to-market on open contracts and money differences by processing Securities Payment Orders (SPOs).
  • Pledge securities to pledgees for collateral through the collateral loan system.

Who You Are (Must-Haves):

  • 2+ years of Operations and DTCC Settlement experience.
  • Knowledge of Brokerage Clearing operations.
  • Knowledge of Financial industry rules, regulations and laws.

Alpaca

Alpaca is a self-clearing broker-dealer providing brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, and more. They are a global team of over 230 members, including engineers, traders, and brokerage professionals committed to opening financial services to everyone.

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