Non Financial Regulatory Reporting Associate

Summary

Join Alpaca, a leading Fintech firm, as a Non-Financial Regulatory Reporting Associate and contribute to our mission of opening financial services to everyone. This remote role reports to the Director of Trading Operations and NFRR Manager. You will play a key supporting role in Non-Financial Regulatory Reporting, encompassing various areas like CAT, CAIS, Equity Trade Reporting, LOPR, Fixed-Income, and short-interest reporting. Responsibilities include maintaining procedural documents, optimizing client experiences, resolving operational issues, and executing processes to maintain compliance. You will collaborate with stakeholders across different departments and leverage big data analysis to improve processes. The ideal candidate possesses strong knowledge of regulatory reporting systems and a proven ability to thrive in a fast-paced environment.

Requirements

• A successful candidate must be willing to learn in-the-weeds knowledge on the below-named systems
• Consolidated Audit Trail Implementation (CAT): BA work mapping firm functions to reporting scenarios and reporting UAT testing.  Obtaining strong knowledge of account structures to assist with CAT CAIS implementation and testing is desired
• Large Options Position Reporting (LOPR) : Strong familiarity with daily operations of Large Option Position Reporting to the Options Clearing Corporation
• Short Interest Reporting : Understanding of the Short Interest Reporting rules and FINRA reporting system
• Over the Counter Reporting Facility (OTCRF) and Trade Reporting Facility (TRF) : Ability to create and submit trade reports and implement regulatory rule changes
• Trade Reporting and Compliance Engine (TRACE): Over-the-Counter bond market trades reporting system
• Understanding of NFRR rules
• Experience with regulatory programs
• Strong attention to detail, accuracy, and reliability with the ability to thrive in a fast-paced environment
• Expert ability to improve the capabilities of production monitoring processes and corporately through skill development, process enhancement
• Ability to collaborate and work effectively in a remote team environment
• Must possess the ability to adapt to a changing business and regulatory environment
• Enjoys challenges and taking ownership of new responsibilities
• Self-starter takes initiative
• Must be proficient in G Suite, and Microsoft Office (Outlook, Work, Excel, Powerpoint) and MySQL database skills

Responsibilities

• Under minimal supervision, uses intermediate knowledge and skills obtained through experience and/or training to complete non-financial regulatory reporting and assist the firm in maintaining proper compliance with industry/firm rules and regulations’
• Act as supporting Associate on Non-Financial Regulatory Reporting.  This includes CAT, CAIS, Equity Trade Reporting, LOPR, , Fixed-Income and short-interest reporting
• Keep procedural documents up to date to comply with securities regulatory reporting obligations
• Optimizing the broker-dealer clearing/correspondent client experience as it relates to ongoing regulatory reporting obligations
• Serves as an escalation point to resolve broad and complex operational issues related to NFRR
• Execute the processes to establish, maintain, review, test, and modify Operations practices
• Establish credible, collaborative, and influential relationships with key stakeholders across Operations, Engineering, Sales, Solutions, Product, and Compliance
• Big data analysis and assessment to discover trends and recommend improvements
• Perform other duties and responsibilities as assigned

Preferred Qualifications

Global Markets Operations/Technology experience preferred

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