Who We Are:

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, totalling 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.

Our Team Members:

We're a dynamic team of 230+ globally distributed members who thrive working from our favorite places around the world, with teammates spanning the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond!

We're searching for passionate individuals eager to contribute to Alpaca's rapid growth. If you align with our core values—Stay Curious, Have Empathy, and Be Accountable—and are ready to make a significant impact, we encourage you to apply.

Your Role:

Alpaca is seeking a detail-oriented and risk-focused Cashiering Operations Associate to support and manage client money movement activities across ACH, domestic and international wires, RTP, checks, and internal journals.

This role is critical to ensuring timely, accurate, and compliant processing of all client-directed cash transactions while safeguarding client assets and minimizing operational risk. The ideal candidate thrives in a fast-paced fintech environment, has experience interacting with custodians and clearing firms, and demonstrates strong ownership over operational controls.

Things You Get To Do:

Ops Control Framework & Oversight

• Money Movement Processing, Reconciliation & Settlement, Custodian & Partner Management, Reporting & Controls, Cross-Functional Collaboration

• Review, validate, and approve client money movement requests (ACH, wires, RTP, checks, journals) in accordance with firm policies

• Process and release transactions accurately and within established SLAs

• Reconcile daily cash movements, deposits, and settlement activity to ensure accurate posting

• Monitor and resolve exceptions, returns, rejects, and transaction discrepancies

• Partner with custodians, clearing firms, and banking partners to resolve delays or issues

• Prepare and review daily and monthly operational reports, including transaction coding oversight

• Maintain accurate documentation and case tracking in Salesforce and internal systems

• Ensure adherence to regulatory requirements, internal controls, and data privacy standards

• Identify operational risks and escalate suspicious or high-risk transactions appropriately

• Support audits, reporting requirements, and special projects as needed

• Collaborate with Operations, Compliance, Risk, and Technology to improve processes

• Train internal teams on money movement procedures and best practices

Who You Are (Must-Haves):

• Bachelor’s degree in Finance, Business, Economics, or related field — or equivalent experience

• 2+ years of experience in financial services, brokerage operations, banking, or cashiering

• Direct experience processing money movements (ACH, wires, checks, journals, RTP preferred)

• Experience interacting with custodians, clearing firms, or correspondent banks

• Strong understanding of operational risk and fraud controls

• High level of attention to detail and accuracy

• Ability to manage multiple priorities in a time-sensitive environment

• Strong written and verbal communication skills

• Ability to work independently while contributing to a collaborative team

Who You Might Be (

Nice-to-Haves):

• Salesforce or case management systems

• Portfolio accounting or broker-dealer systems

• Experience in fintech or high-growth environments

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.

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