Brokerage Operations Manager - Saudi

Join Alpaca as a Brokerage Operations Manager to monitor customer margin and option risk in real-time, ensuring compliance with regulations and driving process improvements.

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 D funding round brought our total investment to over $320 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, totaling over 9 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.

## 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.
• •Customer Service focus.
• •Drive process improvements and efficiencies.
• •Review fraud alerts on a day-to-day basis.
• •Ad hoc duties and projects as assigned.

## Conditions

• •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.

• •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, OCC regulations, and systems.
• •Ability to work effectively and supportively within a team environment, and the ability to work independently.
• •Must possess the ability to adapt to a changing business and regulatory environment.
• •Enjoys challenges and taking ownership of new responsibilities.