Type of contract for this position: Permanent contract
The position
Job description
We’re searching for passionate individuals eager to contribute to Alpaca’s rapid growth. If you align with our core values—Stay Curious, Have Empathy, and Be Accountable—and are ready to make a significant impact, we encourage you to apply
Alpaca is looking for a hands-on engineer with deep knowledge of Corporate Actions and Security Master systems
You understand dividends, reorganizations, splits, mergers, tenders, redemptions, elections, and security lifecycle events
You know that entitlements are determined by validated announcement terms and the applicable stock record—and that vendor data must be enhanced and cross-verified before it can safely affect customer accounts
You will help build the systems that manage security reference data, validate Corporate Action announcements, calculate entitlements, process resulting cash and position changes, and reconcile outcomes across a global brokerage platform
Design systems for Corporate Actions, Security Master, and securities lifecycle processing across U.S. and international markets
Ingest, normalize, enhance, and cross-verify security and event data from vendors, depositories, custodians, and other authoritative sources
Build entitlement processing using validated announcement records, stock records, elections, withholding, currencies, and fractional-share rules
Support dividends, interest, splits, reverse splits, mergers, exchanges, spin-offs, tenders, rights, redemptions, calls, maturities, and elections
Manage security setup and changes involving symbols, identifiers, listings, exchanges, currencies, and lifecycle status
Build auditable workflows for validation, approvals, processing, corrections, exceptions, and reconciliation
Ensure security and event changes propagate accurately across books and records, positions, ledger, trading, margin, tax, and customer-facing systems
Write and operate production code while partnering closely with Operations, Product, and other engineering teams
Benefits
New Hire Home-Office Setup: One-time USD $500
Monthly Stipend: USD $150 per month via a Brex Card
Work with awesome people, clients and partners from around the world
Stock Options
Medical, Dental, Vision
Supplemental health care
Health benefits from day 1 (internationally, this includes a stipend value to offset medical costs)
Preferred experience
Hands-on Corporate Actions, Security Master, or securities-processing experience within a broker-dealer, clearing firm, custodian, bank, depository, transfer agent, or financial data vendor
Experience with financial data ingestion, normalization, versioning, lineage, and cross-source validation
Experience with relational databases, preferably PostgreSQL, and cloud-native systems such as GCP and Kubernetes
Strong coding and system-design skills, preferably in Go, with experience building distributed and event-driven services
Strong understanding of announcement terms, record and effective dates, stock-record eligibility, entitlements, elections, fractions, and reconciliation
Strong ownership and the ability to translate complex operational and financial-market requirements into reliable, auditable software
7+ years of professional software engineering experience building complex production systems
Experience with DTCC/DTC Corporate Actions processing or international market infrastructure
Familiarity with ISO 15022, ISO 20022, or SWIFT Corporate Actions messages
Experience building an entitlement engine, Security Master, symbology platform, stock record, reconciliation system, or brokerage ledger
Understanding of how Corporate Actions affect trading, margin, tax, securities lending, fractional shares, and customer statements
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