Alpaca
Who We Are
Alpaca is a U.S. headquartered, self‑clearing broker‑dealer and brokerage infrastructure that provides services for stocks, ETFs, options, crypto, fixed income, and 24/5 trading. Our recent Series C funding round brought our total investment to over $170 million, fueling our ambitious vision.
Among 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 6 million brokerage accounts.
Our global team is made up of experienced engineers, traders, and brokerage professionals who share a mission: to open financial services to everyone on the planet. We are 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 have a dynamic team of 230+ globally distributed members who thrive working from their favorite places around the world—spanning the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond!
Your Role As the Director of Risk Oversight for Alpaca Securities LLC, you will partner with the COO, CCO, and the brokerage leadership team to develop and drive completion of processes for both oversight and quality control of all brokerage operations functions. You will implement risk monitoring and establish key risk indicators to facilitate ongoing monitoring of all business aspects.
A critical aspect of this role is Issues Management. You will set up a framework to identify and risk‑rate issues that pose a risk to the firm, prioritizing them so they can be addressed effectively. You will work closely with Product, Product Ops, and Engineering teams, and report progress on issues to Alpaca leadership on a monthly basis.
Alpaca Securities maintains a distributed, remote work environment. This role reports directly to the President of Alpaca Securities LLC.
Things You Get To Do
Develop, maintain and adapt Key Risk Indicators (KRIs) as the business evolves and scales
Perform independent reviews and stress testing
Design policies and control frameworks
Assess new products or business changes
Provide 2nd line of defence challenge to front‑office risk management
Identify and manage risks to the organization, its employees, stakeholders, assets, and operations; develop risk management strategies, objectives, and policies that establish the framework, tools, and procedures to achieve successful risk identification and management within best practice standards
Be the primary owner for Risk and Control Self‑Assessment (RCSA) and internal testing program
Be the primary owner for due diligence related to onboarding and off‑boarding of correspondents/partner firms
Research incidents and issues with the appropriate person(s) and document from identification to resolution
On an ongoing basis, recommend and implement changes to firm policies and procedures as necessary
Provide guidance and training to promote risk control awareness, ownership, and accountability
Monitor and analyze risks within the business units, including losses due to unsecured debits, and effectively provide reports to the Firm's Risk and Controls Committee
Engage and develop effective working relationships to support cooperative responses to risk management matters and issues
Assumes responsibility for special projects; gathers data and prepares reports for senior management, auditors and other personnel
Who You Are (Must‑Haves)
Bachelor's degree or Associate's degree in Law, Finance, Business or a related discipline, or the equivalent combination of experience and education
5+ years of experience with a regulator or at a broker‑dealer in the financial‑services industry
FINRA Series 7 and 24 (with an ability to obtain Series 4 within 3 months from start date)
Working knowledge of investment products and services offered by a broker‑dealer and the related SEC and FINRA rules and regulations
Ability to keep issues appropriately confidential
Strong attention to detail, accuracy and reliability, with the ability to thrive in a fast‑paced environment
Experience in implementing and maintaining policies and procedures
Ability to work effectively and collaboratively across multiple teams in a remote work environment
Self‑starter with the ability to work independently under minimal supervision
Must possess the ability to adapt to a changing business and regulatory environment
Must be able to handle stressful situations while maintaining a calm and professional demeanour
Enjoy challenges and take ownership of new responsibilities as required
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.
Seniority level Director
Employment type Full‑time
Job function Finance and Sales
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Among 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 6 million brokerage accounts.
Our global team is made up of experienced engineers, traders, and brokerage professionals who share a mission: to open financial services to everyone on the planet. We are 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 have a dynamic team of 230+ globally distributed members who thrive working from their favorite places around the world—spanning the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond!
Your Role As the Director of Risk Oversight for Alpaca Securities LLC, you will partner with the COO, CCO, and the brokerage leadership team to develop and drive completion of processes for both oversight and quality control of all brokerage operations functions. You will implement risk monitoring and establish key risk indicators to facilitate ongoing monitoring of all business aspects.
A critical aspect of this role is Issues Management. You will set up a framework to identify and risk‑rate issues that pose a risk to the firm, prioritizing them so they can be addressed effectively. You will work closely with Product, Product Ops, and Engineering teams, and report progress on issues to Alpaca leadership on a monthly basis.
Alpaca Securities maintains a distributed, remote work environment. This role reports directly to the President of Alpaca Securities LLC.
Things You Get To Do
Develop, maintain and adapt Key Risk Indicators (KRIs) as the business evolves and scales
Perform independent reviews and stress testing
Design policies and control frameworks
Assess new products or business changes
Provide 2nd line of defence challenge to front‑office risk management
Identify and manage risks to the organization, its employees, stakeholders, assets, and operations; develop risk management strategies, objectives, and policies that establish the framework, tools, and procedures to achieve successful risk identification and management within best practice standards
Be the primary owner for Risk and Control Self‑Assessment (RCSA) and internal testing program
Be the primary owner for due diligence related to onboarding and off‑boarding of correspondents/partner firms
Research incidents and issues with the appropriate person(s) and document from identification to resolution
On an ongoing basis, recommend and implement changes to firm policies and procedures as necessary
Provide guidance and training to promote risk control awareness, ownership, and accountability
Monitor and analyze risks within the business units, including losses due to unsecured debits, and effectively provide reports to the Firm's Risk and Controls Committee
Engage and develop effective working relationships to support cooperative responses to risk management matters and issues
Assumes responsibility for special projects; gathers data and prepares reports for senior management, auditors and other personnel
Who You Are (Must‑Haves)
Bachelor's degree or Associate's degree in Law, Finance, Business or a related discipline, or the equivalent combination of experience and education
5+ years of experience with a regulator or at a broker‑dealer in the financial‑services industry
FINRA Series 7 and 24 (with an ability to obtain Series 4 within 3 months from start date)
Working knowledge of investment products and services offered by a broker‑dealer and the related SEC and FINRA rules and regulations
Ability to keep issues appropriately confidential
Strong attention to detail, accuracy and reliability, with the ability to thrive in a fast‑paced environment
Experience in implementing and maintaining policies and procedures
Ability to work effectively and collaboratively across multiple teams in a remote work environment
Self‑starter with the ability to work independently under minimal supervision
Must possess the ability to adapt to a changing business and regulatory environment
Must be able to handle stressful situations while maintaining a calm and professional demeanour
Enjoy challenges and take ownership of new responsibilities as required
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.
Seniority level Director
Employment type Full‑time
Job function Finance and Sales
#J-18808-Ljbffr