Job summary
Job post source
This job is directly from Alpaca
Job overview
The Director of Market Risk Operations at Alpaca leads market risk management across multiple asset classes, focusing on portfolio margin programs within a regulated broker-dealer environment to support risk policy and governance.
Responsibilities and impact
The role involves developing and overseeing portfolio margin risk programs, creating market risk policies aligned with regulations, coordinating risk controls across business units, reporting risk exposures to leadership, and guiding risk modeling and infrastructure development.
Compensation and benefits
The position offers a competitive salary, stock options, health benefits, a one-time $500 home-office setup allowance, and a $150 monthly stipend.
Experience and skills
Candidates must have a bachelor's degree in Finance or related fields, 8+ years in market or margin risk management in a FINRA-regulated broker-dealer, FINRA Series 7 certification (or to be obtained within 3 months), and strong knowledge of market risk drivers and regulatory requirements.
Work environment and culture
Alpaca values curiosity, empathy, and accountability, with a globally distributed team committed to open financial services and open-source contributions.
Company information
Alpaca is a California-based brokerage infrastructure technology company with over $170 million raised, serving global financial institutions with execution and custody solutions across various asset classes.
Team overview
The team consists of over 200 globally distributed members including engineers, traders, and brokerage professionals.
Job location and travel
The company supports remote work with team members located worldwide including the USA, Canada, Japan, Hungary, Nigeria, Brazil, and the UK.
Unique job features
The role is distinguished by its cross-functional scope in a regulated broker-dealer setting, focusing on innovative portfolio margin program development and real-time risk monitoring infrastructure.
Company overview
Alpaca is a fintech company specializing in providing a commission-free trading platform for stocks and cryptocurrencies. They generate revenue through premium subscriptions, interest on uninvested cash, and payment for order flow. Founded in 2015, Alpaca has rapidly grown by leveraging its API-first approach, allowing developers to integrate trading functionalities into their applications seamlessly. The company is known for its innovative solutions that democratize access to financial markets, making it a significant player in the fintech industry.
How to land this job
Position your resume to highlight your extensive experience in market and margin risk management, especially your direct involvement with FINRA-regulated broker-dealer environments and portfolio margin programs.
Emphasize your expertise in designing and overseeing portfolio margin programs, risk policy development across multiple asset classes, and your ability to collaborate with trading, compliance, product, and engineering teams.
Apply through multiple channels such as Alpaca's corporate career site and LinkedIn to maximize your application's visibility and increase your chances of landing an interview.
Connect with professionals in Alpaca's risk management or brokerage divisions on LinkedIn; use ice breakers like commenting on Alpaca's mission to open financial services globally or asking about recent initiatives in portfolio margin risk oversight.
Optimize your resume for ATS by incorporating keywords from the job description such as 'portfolio margin,' 'market risk governance,' 'FINRA Rule 4210,' 'risk modeling,' and 'cross-product risk controls' to ensure it passes automated screening.
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