Manager of Transfer of Assets (ACATS)

Dallas, TX. Posted 2 months ago

The role

The Manager of Transfer of Assets will own the ACATS and non-ACAT transfer function end to end. This person will lead the Account Transfers team and manage the account transfer lifecycle, including initiation, validation, and settlement.

What you will do

Own the account transfer lifecycle for incoming and outgoing ACAT, DRS, DWAC, and non-ACAT transfers.
Lead, coach, develop, and hire top talent.
Monitor metrics including productivity, quality, straight-through processing rate, rejection rates, SLAs, and processing times.
Drive operations team-led innovation and process improvement through procedure changes and AI tooling.
Partner with Product and Engineering to shape the transfer roadmap and validate releases.
Develop and maintain transfer policies and procedures.
Serve as the operational point of contact for internal audit, compliance, and regulatory examinations.

Required qualifications

4+ years hands-on in account transfers at a self-clearing broker-dealer, clearing firm, or custodian.
1+ years managing people.
In-depth knowledge of FINRA Rule 11870 and NSCC rules.
Proven record of process improvement and implementation of effective risk controls.
Excellent communication skills.
Strong analytical skills.
Ability to work seamlessly with large data sets in Excel/Google Sheets.
FINRA Series 7 or 99.

Nice to have

Willingness to obtain Series 24.

Benefits

Stunning, amenity-filled office spaces.
Competitive total compensation.
Premium healthcare, dental, and vision insurance plans (HMO and PPO).
401k savings plan with a 4% match and immediate vesting.
16 week paid parental leave after one year of employment.
Professional growth and development opportunities.
Employee mobility program.
Annual L&D budget allocation for each employee.
Company perks program including discounts on pet insurance, fitness, cell phone plans, and travel.
Financial guidance program.

About the company

Altruist is a fintech company building an AI platform for wealth professionals to transform the wealth management industry.