Lead, Operational Risk - Oversight & Controls

Altruist•Dallas, TX

17h•$90,000 - $130,000•Hybrid

About The Position

Altruist is transforming the multi-trillion dollar wealth management industry by building an AI platform for wealth professionals. We partner with financial advisors nationwide, empowering them to grow, optimize time and resources, and deliver superior outcomes for their clients. We're looking for exceptional talent to help us achieve our mission of making financial advice better, more affordable, and accessible to all. If you're passionate about challenging the status quo and want to do the most important work of your life, we'd love to meet you! Altruist is in a significant growth phase and is hiring a Lead, Operational Risk – Oversight & Controls to strengthen the firm’s second-line oversight framework. This role provides licensed supervisory depth within the Operational Risk Oversight & Controls (OROC) function. You will partner closely with the Associate Director, Operational Risk, to oversee clearing, custody, client communications, regulatory reporting, and vendor-dependent workflows. As a Series 24 principal, you will execute and document formal supervisory reviews, validate control effectiveness, and ensure the firm meets its regulatory, client-asset protection, and reporting obligations. This is a hands-on supervisory role requiring strong principal judgment, documentation discipline, and independent challenge. You will serve as a key escalation point and maintain audit-ready supervisory evidence supporting BDO audits and regulatory examinations.

Requirements

5+ years in broker-dealer supervision, operational risk, clearing, custody, or regulatory reporting environments
Demonstrated experience performing licensed supervisory reviews with strong evidence standards
Strong working knowledge of clearing and custody workflows including audits, statements, trade confirms, tax forms, ACATs, corporate actions, DRIP, cash management, and regulatory reporting frameworks
Active FINRA Series 7 and Series 24 required (or ability to obtain within 90 days).
Strong proficiency in Google Sheets and Excel
Comfort working in systems such as JIRA, Slack, FIS, Mediant, BetaNXT/Maxit, Sovos, Sterling Risk, FINRA CAT, Retool, Tableau, SS&C, proxy and voting platforms, or similar
The pride you put into every aspect of your work is unparalleled and undeniable
You engage in intentional dialogue, listen actively, and share perspectives thoughtfully, with the ability to influence and build trust across compliance, operations, product, and engineering teams.
We’re inspired by your unwavering determination to achieve success, no matter the adversity you face along the way.
Your confidence is brilliant, yet ego-less. You possess a strong knowledge base, the ability to discover the unknown, and are open to differing perspectives
Identifying the problem is simply not enough. You’re instinctually creative with your approach in finding solutions to roadblocks

Responsibilities

Lead and document formal supervisory reviews across clearing, custody, regulatory reporting, and vendor workflows
Execute principal-level oversight of statements, confirms, tax reporting, corporate actions, transfers, DRIP, and cash management processes
Support independent oversight of CAT, CAIS, Large Trader Reporting, and related suspense and exception governance
Translate cross-functional system, product, and vendor changes into sustainable supervisory controls and documented review standards
Enhance and execute daily and periodic supervisory checklists and reconciliations across clearing and custody operations
Monitor, escalate, and coordinate remediation of reporting, disclosure, and vendor control issues
Partner with Product, Engineering, Operations, and Compliance to ensure structural regulatory data integrity
Maintain defensible documentation and supervisory review trails to support BDO audits and regulatory examinations

Benefits

A hybrid work schedule for most positions to promote strong, in-person collaboration.
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, 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).