A Vice President of Operations oversees all operations for a company or organization. Manages product development, construction, production, purchasing, and customer service as well as preparing budgets, overseeing scheduling and monitoring budget costs.
We are seeking an experienced Financial and Operations Principal (FINOP) to oversee the financial, regulatory, and operational compliance functions of our broker-dealer. The ideal candidate has hands-on experience in both self-clearing and correspondent clearing environments and understands the operational nuances, regulatory obligations, and risk considerations unique to each. This is a high-visibility role that partners closely with executive leadership, compliance, operations, and outside auditors/regulators.
KEY RESPONSIBILITIES
Serve as the firm's designated FINOP, maintaining continuous compliance with SEC Rule 15c3-1 (Net Capital) and Rule 15c3-3 (Customer Protection/Reserve Formula). Prepare and file all required regulatory reports, including FOCUS Reports (Parts I and IIA), Form Custody, annual audited financial statements, and quarterly SCE Section 17H financials. Oversee daily customer reserve computations, segregation of customer securities, and stock record reconciliation. Manage clearing operations functions, including
DTCC/NSCC
settlement, fails management, buy-ins, and securities movement reconciliations. Administer and maintain correspondent clearing agreements; serve as primary liaison to introducing broker-dealers on settlement, margin, account transfer (ACATS), and clearing-related issues. Lead due diligence and onboarding for new correspondent/introducing firms, evaluating capital adequacy and operational readiness. Maintain books and records in accordance with SEC Rules 17a-3 and 17a-4. Serve as primary point of contact for FINRA, SEC, and DTCC examinations and inquiries; manage exam responses and remediation. Develop, update, and enforce written supervisory procedures (WSPs) related to financial and operational controls. Partner with IT, Operations, and Compliance to strengthen internal controls, automate reconciliations, and reduce operational risk. Conduct periodic risk assessments, capital stress testing, and liquidity monitoring.
REQUIRED QUALIFICATIONS
Active Series 27 license (Financial and Operations Principal) required. Minimum 7-10+ years of broker-dealer financial and operations experience, including direct FINOP responsibilities. Demonstrated experience working within both a self-clearing firm and a correspondent clearing firm (or a firm servicing introducing broker-dealers). Deep working knowledge of net capital computations, reserve formula calculations, and FOCUS/Form Custody reporting. Strong understanding of
DTCC/NSCC
settlement processes, stock record functions, and fails/buy-in management. Experience managing regulatory examinations and relationships with FINRA and/or the SEC. Proven ability to evaluate and onboard correspondent/introducing broker-dealer relationships. Strong Excel skills; experience with clearing/back-office platforms (e.g., Phase 3 /Broadridge/BPS, Fidessa, Beta Systems, or similar). Sage accounting software.
PREFERRED QUALIFICATIONS
Series 7, 24, 63, and/or 99 licenses. Bachelor's degree in accounting, Finance, or related field; CPA a plus. Experience with SQL or other data/reporting tools. Prior experience leading or participating in Rule 17a-5 annual audits. Familiarity with AML program requirements related to financial operations.
WHAT WE OFFER
Competitive base salary Comprehensive health, dental, and vision benefits Paid time off and holidays A collaborative, growth-oriented team environment with direct exposure to firm leadership
TO APPLY
Please submit your resume and a brief cover letter to [contact email/link]. Applications will be reviewed on a rolling basis. Alpine Securities Corporation is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Pay:
$84,738.15 - $102,050.24 per year
Benefits:
Dental insurance Health insurance Paid time off Vision insurance
