Senior Cashiering Associate

Your Role:

Alpaca is seeking a Senior Cashiering Operations Associate to own client money movement across ACH, domestic and international wires, RTP, checks, and internal journals.

This role is accountable for timely, accurate, and compliant cash processing, with a strong mandate to strengthen operational controls, reduce risk, and drive process quality. You will operate with a high degree of independence, exercise judgment on complex and high-risk transactions, and serve as a key partner to custodians and banking partners. The ideal candidate brings deep money-movement expertise, a control-first mindset, and clear ownership of outcomes in a fast-paced fintech environment.

Ops Control Framework & Oversight

Own and continuously strengthen controls across money movement workflows, ensuring adherence to firm policies, regulatory expectations, and data privacy standards

Review, validate, and approve client money movement requests (ACH, wires, RTP, checks, journals) in accordance with firm policies

Process and release transactions accurately and within established SLAs

Reconcile daily cash movements, deposits, and settlement activity to ensure accurate posting

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, including transaction coding oversight

Maintain accurate documentation and case tracking in Salesforce and internal systems

Ensure adherence to regulatory requirements, internal controls, and data privacy standards

Identify operational risks and escalate suspicious or high-risk transactions appropriately

Support audits, reporting requirements, and special projects as needed

Partner with Operations, Compliance, Risk, and Technology to design and implement process improvements

Train and coach internal teams; contribute to playbooks, SOPs, and onboarding for cashiering workflows

What You Bring

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 (ACH, wires, checks, journals, RTP preferred)

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

Preferred Experience

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

Core Competencies

Detail Orientation

Action & Ownership Mindset

Strong Risk Awareness

Clear Communication

Responsiveness & Follow-Through

Cross-Functional Collaboration

Confidentiality & Professional Judgment

Alignment with Alpaca’s company tenets

Stay Curious

Have Empathy

Be Accountable