Senior Manager of Transfer of Assets (ACATS)

Dallas, TX. Posted 18 days ago

The role

The Senior 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. They will also partner with Product and Engineering to shape the transfer roadmap.

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

6+ 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
Company perks program including discounts on pet insurance, fitness, cell phone plans, and travel
Financial guidance program

About the company

Altruist is building an AI platform for wealth professionals to transform the wealth management industry. They partner with financial advisors nationwide to help them grow and deliver outcomes for clients.