Clearing Operations Associate - Corporate Actions
New
A
Alpaca Financial Services
Remote - Americas, 2AM - 11AM ESTFull-TimeMiddle
SalaryCompetitive Salary & Stock Options
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Job Details
- Experience
- 3+ years
- Required Skills
- SQLZendesk
Requirements
- 3+ years of Corporate Actions experience.
- Direct DTC Corporate Action Web experience.
- Knowledge of ICE CA data, BNY processing, and OCC Option CA process.
- Deep understanding of brokerage clearing operations and US securities back office operations.
- Knowledge of financial industry rules, regulations, and laws.
- Ability to work independently in a remote, fast-paced environment.
- Basic knowledge of SQL or database coding languages.
- Proficiency in Microsoft and Google document/spreadsheet solutions.
- Hold a FINRA SIE or obtain within 180 days of employment.
- Ability to adapt to an evolving regulatory landscape.
Responsibilities
- Serve as primary processor for distributions, reorganizations, and redemptions across equities, fixed income, and options.
- Review and validate corporate action event details to minimize firm exposure.
- Interface daily with external vendors and custodians including DTC, OCC, BNY, and ICE.
- Balance and reconcile corporate actions against suspense and wash accounts daily.
- Research breaks and open items to prevent aging.
- Act as subject matter expert for internal and external corporate action inquiries.
- Manage Zendesk tickets regarding corporate action requests.
- Enhance and iterate on clearing procedures and collaborate with engineering on process automation.
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