Chief Risk Officer, Broker Dealer

Who We Are

Alpaca is a U.S. headquartered, self‑clearing broker‑dealer and brokerage infrastructure that provides services for stocks, ETFs, options, crypto, fixed income, and 24 / 5 trading. Our recent Series C funding round brought our total investment to over $170 million, fueling our ambitious vision.

Among 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 6 million brokerage accounts.

Our global team is made up of experienced engineers, traders, and brokerage professionals who share a mission : to open financial services to everyone on the planet. We are 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.

Alpaca is proudly backed by top‑tier global investors, including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Derayah Financial, Elefund, and Y Combinator.

Our Team Members

We have a dynamic team of 230+ globally distributed members who thrive working from their favorite places around the world—spanning the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond!

Your Role

As the Director of Risk Oversight for Alpaca Securities LLC, you will partner with the COO, CCO, and the brokerage leadership team to develop and drive completion of processes for both oversight and quality control of all brokerage operations functions. You will implement risk monitoring and establish key risk indicators to facilitate ongoing monitoring of all business aspects.

A critical aspect of this role is Issues Management. You will set up a framework to identify and risk‑rate issues that pose a risk to the firm, prioritizing them so they can be addressed effectively. You will work closely with Product, Product Ops, and Engineering teams, and report progress on issues to Alpaca leadership on a monthly basis.

Alpaca Securities maintains a distributed, remote work environment. This role reports directly to the President of Alpaca Securities LLC.

Things You Get To Do

• Develop, maintain and adapt Key Risk Indicators (KRIs) as the business evolves and scales
• Perform independent reviews and stress testing
• Design policies and control frameworks
• Assess new products or business changes
• Provide 2nd line of defence challenge to front‑office risk management
• Identify and manage risks to the organization, its employees, stakeholders, assets, and operations; develop risk management strategies, objectives, and policies that establish the framework, tools, and procedures to achieve successful risk identification and management within best practice standards
• Be the primary owner for Risk and Control Self‑Assessment (RCSA) and internal testing program
• Be the primary owner for due diligence related to onboarding and off‑boarding of correspondents / partner firms
• Research incidents and issues with the appropriate person(s) and document from identification to resolution
• On an ongoing basis, recommend and implement changes to firm policies and procedures as necessary
• Provide guidance and training to promote risk control awareness, ownership, and accountability
• Monitor and analyze risks within the business units, including losses due to unsecured debits, and effectively provide reports to the Firm's Risk and Controls Committee
• Engage and develop effective working relationships to support cooperative responses to risk management matters and issues
• Assumes responsibility for special projects; gathers data and prepares reports for senior management, auditors and other personnel

Who You Are (Must‑Haves)

How We Take Care of You

Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.

Seniority level

Director

Employment type

Full‑time

Job function

Finance and Sales

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