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See allYour 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.