The vacancy is well-structured with clear responsibilities and company information, though compensation details could be improved.
Job description
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, totaling 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.
Responsibilities
- Identify and execute borrow and loan opportunities across various asset classes (equities, fixed income, ETFs) using both manual and automated trading strategies.
- Leverage SQL, AI tools to streamline daily tasks, develop analytical tools, and automate data-driven decisions, Go experience preferred.
- Collaborate with Product, Engineering, and Operations teams to optimize data pipelines, trading systems, operational efficiency and risk controls.
- Monitor outstanding loans, recalls, and rates to optimize risk and profitability.
- Build and maintain relationships with borrowers, lenders, custodians, and firm client partners.
- Assess and manage counterparty, credit, and market risk while staying informed of market developments and regulatory changes.
- Work with existing and new securities lending vendors on product development solutions.
- Create automated workflow solutions for securities lending trading and operations.
- Assist in infrastructure building and business development for tokenized equities financing.
Requirements
- Bachelor’s degree in Computer Science, Data Science, Mathematics, Finance, Economics or a related quantitative field.
- 1–3 years of experience in a technical or trading role, ideally with some exposure to securities lending, short selling, operations or related experience.
- Series 7 and 63, or willingness to obtain within 90 days of employment.
- Proficient in SQL, Excel VBA, AI automation tools, Go experience preferred.
- Strong analytical, quantitative, and problem-solving abilities.
- Familiarity with core financial instruments (equities, fixed income, ETFs, cryptocurrency) and general market mechanics.
- Excellent collaboration and communication skills to work across teams.
- Self-starter: high level of initiative and eagerness to learn about securities lending, product development, advanced trading concepts, and building automated trading strategies.
Conditions
- 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.
About Alpaca
Alpaca is a global leader in brokerage infrastructure APIs, providing access to stocks, ETFs, options, fixed income, and crypto, along with embeddable finance solutions like tokenization and securities lending. It serves retail traders, institutional investors, app developers, and fintech companies worldwide through its API-first platform. The company, originally started in 2015 as a database and machine learning firm, is headquartered in San Mateo, California.