Head of Clearing Operations

Altruist • Dallas, TX

5h • Hybrid

About The Position

Altruist is entering an exciting phase, and we're looking for a Head of Clearing Operations to join our Operations department!

Requirements

• 10+ years of hands-on operations experience at a self-clearing broker-dealer
• Proficient in FINRA, DTCC, NSCC, OCC, and SEC rules
• Entrepreneurial attitude and a deep empathy for our customers
• Expertise with financial products
• Knowledge of securities trading processes and applicable regulations is a must
• Demonstrated ability to apply technology to enhance business processes
• Strong written and interpersonal communication skills and ability to interact persuasively with marketing, customer success, operations, product, design, and engineering teams
• Affinity for a fast-paced, early-stage environment
• FINRA Series 4, 7, 63 (others may be needed over time, including 27)

Nice To Haves

• Proficiency with FIS Phase 3 preferred

Responsibilities

• Lead Altruist’s self-clearing operations teams, including New Accounts, Account Transfers, Treasury, Tax, Corporate Actions, Margin, Options, and all other operational functions in a timely and compliant manner
• Establish the foundation for scalable processes and tools without relying on continual manual intervention
• Manage critical vendor and partner relationships
• Partner with Finance to ensure investments are delivering maximum ROI in clearing operations
• Partner with Product to ensure we continually strive for customer delight and a reduction in any need to contact support/operations
• Accountable for the delivery of OKRs related to operational efficiency and customer satisfaction
• Support compliance and Altruist’s FINOP to ensure timely filing of regulatory reporting and reconciliation of breaks
• Scale Altruist’s clearing operations department in support of Altruist’s growth strategy
• Contribute to examinations with regulatory bodies
• Provide exceptional service to Altruist’s customers and their clients

Benefits

• A hybrid work schedule for most positions to promote strong, in-person collaboration and a healthy work-life-balance.
• Stunning, amenity-filled office spaces in Culver City, CA, San Francisco, CA, and Dallas, TX. Our offices are intentionally designed for comfort, collaboration, and productivity.
• Competitive pay and equity for eligible positions.
• Premium healthcare, dental, and vision insurance plans (HMO and PPO).
• 401k savings plan with a 4% match and immediate vesting.
• 16 week paid parental leave.
• Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee.
• Company perks program (includes discounts on pet insurance, fitness, cell phone plans, entertainment and travel, etc.).
• Financial guidance program (includes counseling on navigating debt, tracking personal spend, saving and planning goals, home-purchasing preparedness, etc.).
• One month work from anywhere policy (with the exception of a few countries).
• Total compensation includes a competitive benefits package, along with equity in the form of Stock Options (ISOs) for eligible roles.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed
• Number of Employees: 101-250 employees