Senior Cashiering Associate

The role

The Senior Cashiering Operations Associate will own client money movement across ACH, domestic and international wires, RTP, checks, and internal journals. This role focuses on timely, accurate, and compliant cash processing while strengthening operational controls and reducing risk.

What you will do

• Own and continuously strengthen controls across money movement workflows
• Review, validate, and approve client money movement requests
• Process and release transactions accurately and within established SLAs
• Reconcile daily cash movements, deposits, and settlement activity
• Monitor and resolve exceptions, returns, rejects, and transaction discrepancies
• Serve as a primary operational point of contact for custodians and banking partners
• Prepare and review daily and monthly operational reports
• Maintain accurate documentation and case tracking in Salesforce and internal systems
• Identify operational risks and escalate suspicious or high-risk transactions
• Partner with Operations, Compliance, Risk, and Technology to design and implement process improvements

Required qualifications

• Bachelor’s degree in Finance, Business, Economics, or related field — or equivalent experience
• 5+ years of experience in financial services, brokerage operations, banking, or cashiering
• Direct experience processing money movements
• Experience interacting with custodians, clearing firms, or correspondent banks
• Strong command of operational risk and fraud controls
• High level of attention to detail and accuracy
• Clear, confident written and verbal communication with internal stakeholders and external partners
• Ability to work independently, prioritize competing demands, and elevate issues with context and recommendations
• Series 7 or additional FINRA licenses

Nice to have

• RTP preferred
• Portfolio accounting or broker-dealer systems
• Experience in fintech or high-growth environments
• Prior ownership of SOPs, control frameworks, or audit support for cash/money movement operations
• Experience mentoring or training operations team members

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

About the company

Alpaca is a US-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. It is a licensed financial services company serving hundreds of financial institutions across 40 countries.