LeadRemoteRemote - Americas, Remote - APAC, Remote - EU
Director of Corporate Actions Operations
A
Alpaca
Уровень
Lead
Формат
Remote
О роли
Описание вакансии
About the company
Alpaca is a US-headquartered global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, and 24/5 trading.
Serves hundreds of financial institutions across 40 countries with institutional-grade APIs, including broker-dealers, investment advisors, wealth managers, hedge funds, and crypto exchanges, totalling over 10 million brokerage accounts.
Backed by $400 million in funding from top-tier global investors.
A dynamic team of 400+ globally distributed members.
Responsibilities
Lead Alpaca’s Corporate Actions organization across mandatory and voluntary events, including dividends, splits, mergers, exchanges, tenders, rights, redemptions, spin-offs, elections, and security lifecycle changes.
Establish and own the supervisory framework governing Corporate Actions, including clear maker-checker standards, control gates, reconciliations, exception management, escalation thresholds, and evidence of review.
Hold the team accountable for accurate, timely processing and ensure no material event progresses without required supervisory and system checks.
Own material Corporate Actions incidents from containment through root cause analysis, remediation, and permanent control or system improvement.
Partner with Security Master, Trading, Ledger, Product, Engineering, and Operations leadership to eliminate recurring failure modes and strengthen front-to-back controls.
Drive automation, observability, reconciliation, and exception tooling to reduce manual processing and improve scalability.
Build a common global operating model across markets, custodians, depositories, currencies, tax regimes, deadlines, and local market conventions.
Develop the Corporate Actions team, strengthen subject-matter depth and succession coverage, and reduce reliance on tribal knowledge.
Establish controls over event terms, Security Master data, eligible positions, expected entitlements, elections, withholding, cash, stock, fractions, and exceptions.
Ensure customer-impacting events are appropriately pre-processed and reconciled before market or payment deadlines where settlement timing creates risk.
Oversee accurate, controlled booking of entitlements, including retries, reversals, manual adjustments, and exception handling.
Ensure Corporate Actions bookings propagate correctly across Back Office, Front Office, Security Master, Ledger, Trading, margin, buying power, and customer positions.
Design controls to prevent customers from trading against incorrect post-event positions, symbols, or quantities when processing or system synchronization is incomplete.
Require post-processing reconciliation to internal books and records, custodians, depositories, paying agents, and other authoritative sources.
8+ years of Corporate Actions experience within a broker-dealer, clearing firm, custodian, bank, or comparable financial institution.
Prior leadership experience managing a Corporate Actions or securities operations function.
Deep hands-on knowledge of mandatory and voluntary Corporate Actions, including dividends, reorganizations, splits, mergers, tenders, rights, redemptions, elections, entitlements, and security lifecycle events.
Strong knowledge of U.S. market infrastructure, including DTCC/DTC Corporate Actions processes.
Meaningful international Corporate Actions experience across multiple markets, custodians, currencies, withholding regimes, and local market conventions.
Deep understanding of how Corporate Actions bookings flow through broker-dealer books and records, position systems, front-office trading systems, margin, and customer-facing balances.
Demonstrated understanding of the risks created when Security Master, back-office positions, and front-office systems are not synchronized.