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← Alpaca

Brokerage Operations Associate II - New Accounts Principal

Alpaca
Location
Remote - Americas
Posted
20 days ago
Department
Brokerage
What they actually want (must-haves)
  • Active FINRA Series 7 and 24 registrations
  • 5+ years of brokerage or financial services operations experience across new accounts, account maintenance, CIP/AML, escheatment, statement review, entity accounts, or related account operations
  • Experience with entity account operations, including KYB, EDD, and business entity documentation, both foreign and domestic
  • Experience supporting correspondent, institutional, B2B, or API-driven brokerage partners
  • Strong knowledge of KYC, CIP, and relevant AML frameworks, sanctions screening, and identity verification workflows
  • Strong Excel or Google Sheets skills and understanding of databases — tables, fields, and how data connects — for operational investigation, cleanup, and reconciliation-style work from large lists and exports
Nice to have
  • Deeper experience with complex entity account operations — layered ownership structures, unusual organizational forms, non-standard setups, and post-approval review — researching ambiguous cases, applying judgment, and escalating beyond routine onboarding
  • Experience assessing how onboarding decisions around account structure, classification, and related setup properties carry broader downstream impact, such as tax reporting and withholding, regulatory trade and account reporting, reserve and PAB treatment, and similar reporting or operational consequences
  • Deeper experience with offboarding lifecycle processes — estates, escheatment, and abandoned property operations
  • Deeper experience with statement and trade confirmation review, or similar operational control workflows
  • Prior experience at a self-clearing broker-dealer, correspondent clearing firm, or institutional brokerage operations environment
What the job really is

In this role as a New Accounts Principal, you will manage complex account operations, focusing on onboarding, maintenance, and compliance for both domestic and foreign entity accounts. You will collaborate with the New Accounts Principal Manager and the Director of Operations to address escalated issues, drive operational programs, and ensure adherence to regulatory standards. Your daily tasks will involve data analysis, communication with partners, and leading projects to enhance operational efficiency.

Benefits
  • 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
Things to weigh
  • Remote work environment may require strong self-management skills
  • Role involves significant data analysis and operational problem-solving, which may not appeal to all candidates
  • No specific salary range provided in the posting
Job score2.8/5
Benefits2/5
Freshness4/5
Career value4/5
Role clarity4/5
Pay transparency0/5

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