Securities Finance Trader
Alpaca provides developer APIs for stock, options, and crypto trading, enabling businesses and developers to build trading applications and automate investment strategies.
Projects
About Alpaca
Alpaca helps developers and businesses access financial markets through API-first infrastructure for stock, options, and cryptocurrency trading. Users can build algorithmic trading strategies, create investing applications, and integrate brokerage services into their platforms.
Skills
About the Role
You will identify and execute borrow and loan opportunities across various asset classes (equities, fixed income, ETFs) using both manual and automated trading strategies. You will leverage Python and SQL to streamline daily tasks, develop analytical tools, and automate data-driven decisions. You will collaborate with Product, Engineering, and Operations teams to optimize data pipelines, trading systems, operational efficiency and risk controls. You will monitor outstanding loans, recalls, and rates to optimize risk and profitability. You will build relationships with borrowers, lenders, custodians, and firm client partners. You will develop and perform operational tasks, product improvements, and automation tools for optimizing costs, revenue and workflow. You will assess and manage counterparty, credit, and market risk while staying informed of market developments and regulatory changes. You will work with existing and new securities lending vendors on product development solutions, and contribute to creating automated workflow solutions for securities lending trading and operations.
Requirements
- Bachelor's degree in Computer Science, Data Science, Mathematics, Finance, Economics or a related quantitative field
- 0-2 years of experience in a technical or trading role, ideally with some exposure to securities lending, short selling or related experience
- Proficient in Python and SQL
- Strong analytical, quantitative, and problem-solving abilities
- Familiarity with core financial instruments (equities, fixed income, ETFs) and general market mechanics
- Excellent collaboration and communication skills to work across teams
- High initiative and eagerness to learn about securities lending, product development, and advanced trading concepts
Responsibilities
- Identify and execute borrow and loan opportunities across various asset classes using manual and automated trading strategies
- Leverage Python and SQL to streamline daily tasks, develop analytical tools, and automate data-driven decisions
- 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 relationships with borrowers, lenders, custodians, and firm client partners
- Develop and perform operational tasks, product improvements, and automation tools for optimizing costs, revenue and workflow
- 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
- Contribute to creating automated workflow solutions for securities lending trading and operations
Benefits
- 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
