Financial Risk Manager
Alpaca is a brokerage infrastructure company providing developer APIs for stocks, options, fixed income, and crypto trading, plus tokenization infrastructure for TradFi–DeFi markets.
Funding history
Investors
About Alpaca
Alpaca provides API-first brokerage infrastructure for fintechs, institutions, algorithmic traders, and developers. Its offerings include Broker API, Trading API, market data, self-clearing brokerage services, crypto services, and the Instant Tokenization Network for in-kind minting and redemption of tokenized assets.
Skills
About the Role
You will build and operate liquidity risk infrastructure, including daily reporting, data pipelines, intraday monitoring, stress testing, Monte Carlo models, alerts, and controls. You will analyze liquidity positions, support funding decisions, maintain regulatory reporting, document methodologies, and provide liquidity-risk input for products, operations, and governance.
Requirements
- 2-4 years of experience in liquidity risk, treasury, financial risk, middle office, or balance sheet analytics within a broker-dealer, bank, or fintech environment
- Understanding of broker-dealer liquidity and capital requirements, including SEC Rules 15c3-1 and 15c3-3
- Experience with liquidity reporting, data pipelines, and stress-testing programs
- Experience with intraday liquidity monitoring, stress testing, or real-time risk reporting
- Familiarity with Monte Carlo simulation techniques or probabilistic risk modeling
- Familiarity with treasury operations, cash management, and funding workflows in a regulated environment
- Knowledge of risk governance in a broker-dealer setting
- Proficiency in SQL and Python or similar tools
- Ability to produce clear, structured analysis for senior stakeholders
- Ability to work cross-functionally in a fast-paced remote-first startup environment
Responsibilities
- Build and own daily liquidity reporting across products and legal entities
- Design and streamline data pipelines connecting Treasury, Finance, Operations, and clearing and settlement systems
- Maintain broker-dealer liquidity reporting related to SEC Rules 15c3-1 and 15c3-3
- Automate reporting workflows using SQL, Python, and BI platforms
- Build and maintain real-time and intraday liquidity monitoring for cash positions, settlement flows, margin movements, and funding needs
- Establish liquidity metrics, limits, and early warning indicators; investigate breaches and prepare escalation materials
- Support same-day funding and treasury operations decisions with timely liquidity analysis
- Develop, implement, run, and refine intraday stress-testing scenarios
- Build the longer-term stress-testing program, including scenario design, assumptions, model runs, and reporting
- Assess stress impacts on net capital, customer reserve, liquidity, and settlement flows
- Build and maintain Monte Carlo simulation models for liquidity stress testing
- Calibrate simulation inputs, validate outputs, and incorporate results into liquidity planning and risk limits
- Design alerting frameworks and controls for liquidity governance
- Prepare documentation for regulatory examinations, audits, and management reporting
- Provide liquidity-risk input for new product approvals and international expansion
- Contribute to risk registers, key risk indicators, policies, procedures, and methodologies
- Monitor regulatory developments, industry stress events, and emerging liquidity risks
Benefits
- Stock options
- Health benefits
- One-time USD 500 new-hire home-office setup
- USD 150 monthly stipend via a Brex Card