SVP Operations, Alto Securities at Alto Solutions | Powderkeg

Be a Part of Something Big

At Alto, we're changing the way people invest for the future.

For too long, only the ultra-wealthy could afford to benefit from alternative investments, and that meant a lot of missed opportunities for everyday investors. Alto was founded on the belief that a diversified portfolio is essential to investing for the future, and that's only possible if everyone can invest in the assets they're truly interested in.

So we created a solution that allows ordinary people to invest their tax- advantaged retirement funds into non-traditional assets, like real estate, startups, securitized artworks, cryptocurrency, and more.

By joining Alto's growing team, you'll be helping to make our mission a reality. And you'll work with some truly unique people who are passionate about what they do. We're also pretty big on celebrating individuality—after all, one of our core values is "you do you." And we actually live it. Really.

To learn more about our team and working with us, please visit our [**Before You Apply** **page**]( and-design-at-alto), which features videos of our CEO and other team members answering questions about working at Alto.

We are a remote organization, but we have a preference for candidates in Nashville, TN, Boulder, CO, and New York, NY.

As the Senior Vice President, Operations, you will be responsible for overseeing the day-to-day operations of Alto Securities. You will work closely with the CEO and other executive team members to ensure that the firm operates efficiently and effectively.

What you'll do:

Regulatory compliance and reporting: Ensuring the firm complies with all relevant regulations, including FinCen, FINRA, SEC, and state regulations. You will collaborate with the compliance department and work closely with outside counsel to stay up-to-date on regulatory changes. You will ensure that each business line under the broker-dealer correctly reports operational information to the regulators. These regulatory-operational reports include CAT, CAIS, ORF, TRF, Blue Sheets, Short Interest Reporting, SARs, and Trace.

Operations management and business Line expansion: Managing the firm's day-to- day operations, including KYC, KYB, suitability, account onboarding, cash and securities management, trade exceptions and trade processing, and operational risk management. You will work closely with the trading and risk management teams to ensure the firm's systems operate smoothly. Additionally, you will build out new business lines for the broker-dealer. These business lines include but are not limited to, expanding the broker-dealer business through a change in membership application (CMA) with FINRA to become an introducing firm with ultimate plans of becoming a carrying firm for cash and securities. This work includes building out the business requirements for each CMA and working hand-in-hand with the Product and Engineering teams to determine a “build” vs. “buy” product strategy to support the new business lines. You will research clearing and custody vendors and build consensus on the best choice for immediate and long-term business goals.

Business development: Working with the CEO to develop and execute the firm's business strategy. You will be responsible for identifying new opportunities for growth and expanding the firm's client base. These responsibilities include:

  • Establish a framework to identify, develop, and activate strategic partnerships in partnership with Product, Strategy, and Growth
  • Complete ownership and management of deals from research, outreach, negotiation, and launch
  • Success for the role will be measured based on the number of new investors and/or capital-raising transactions generated directly from the partnerships established.
  • Build effective and collaborative relationships with the key decision-makers within the prospective organizations. Leverage existing C-suite and board relationships.
  • Act as a beacon for Alto at key industry events to ensure we develop brand awareness amongst platforms, exchanges, issuers, etc.
  • Curate a “backlog” of potential opportunities with tailored scoring metrics, enabling our executives to guide Alto’s long-term strategy.
  • Partner with sales, product, and marketing to drive toward a unified Alto business development strategy
  • Build and maintain solid relationships with clients and meet their needs. You will be responsible for understanding their business and providing customized solutions.
  • Keep up-to-date with industry trends and the competitive landscape to identify new growth opportunities. You will work closely with the marketing department to develop targeted campaigns and messaging.

Program management: You will be responsible for ensuring the successful launch of our new product/service. You will work closely with cross-functional teams, including product development, marketing, sales, legal, and compliance, to manage the entire product launch process. These responsibilities include:

  • Project management: Developing and managing project plans and timelines for the product launch. You will be responsible for coordinating activities across multiple teams and ensuring that deadlines are met.
  • Cross-functional collaboration: Working closely with product development, marketing, sales, legal, and compliance teams to ensure that all aspects of the product launch are executed smoothly. You will be responsible for facilitating communication and collaboration among these teams.
  • Risk management: Identifying and mitigating risks associated with the product launch. You will work closely with the legal and compliance teams to meet all regulatory requirements.
  • Reporting: Providing regular updates to the executive team on the progress of the product launch, including key milestones, risks, and issues.
  • Post-launch evaluation: Conduct a post-launch evaluation to assess the product launch's success and identify improvement areas. Based on this evaluation, you will be responsible for developing recommendations for future product launches.

Financial management: Overseeing the firm's financial operations, including budgeting, financial reporting, and accounting. You will work closely with the CFO to ensure the firm is financially stable and profitable.

Leadership: Building and managing a high-performing team. You will hire and train staff, set performance goals, and provide ongoing feedback and support. The ideal candidate for this role should possess various leadership qualities and traits, including excellent communication skills, the ability to inspire and motivate others, strategic thinking, emotional intelligence, and a commitment to continuous learning and personal growth. They should be able to set clear goals and objectives, delegate responsibilities effectively, and provide guidance and support to team members as needed. Provides constructive and timely performance evaluations. Handles discipline and termination of employees in accordance with company policy.

What you'll need:

  • 15+ years of broker-dealer experience with a focus on operations, building new products/services, and business development within a rapidly scaling and/or enterprise company
  • Deep knowledge in alternative investments, venture capital, private equity, NMS and OTC equities, and alternative trading systems (ATS)
  • Comprehensive knowledge of both introducing and carrying broker-dealers related explicitly to 15c3-1, 15c3-2, and 15c3-3
  • Extensive experience with CMA management with FINRA
  • Experience developing mutually beneficial solutions with partners that drive revenue
  • History of working with technical tools such as APIs, etc.
  • Strong knowledge of FINRA and SEC regulations.
  • Experience managing large teams and working with senior executives.
  • Excellent communication and interpersonal skills.
  • Bachelor's degree in Finance, Business Administration, or a related field. MBA preferred.
  • FINRA licenses 3, 7, 24, 57 & 63 **


Why Alto?

We answered your most pressing questions before you apply [here]( alto). We are a dynamic and collaborative team, all working towards a common goal. With every interaction, you feel our culture throughout our company. We care about diversity, inclusion, and belonging, and every voice is heard. We also care most about our people. We show it through our actions, and we offer a lot of really great benefits, including:

  • A generous open PTO policy
  • Comprehensive health insurance options for employees
  • 401(k) with company match up to 3% yearly
  • Equity as a part of your compensation
  • A competitive compensation and benefits package
  • 12 paid holidays
  • Discounted and/or free Alto investor accounts
  • Four to 12 weeks paid parental leave
  • A remote-first culture - work from home or our Nashville office
  • Flexibility to work from anywhere in the US
  • An emphasis on work-life balance
  • No-meeting Fridays

Well, what are you waiting for? Apply already! :)

Alto is an Equal Opportunity Employer and Prohibits Discrimination of Any


Alto is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Alto are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, sex (including gender identity, sexual orientation, and pregnancy), family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Alto will not tolerate discrimination or harassment based on any of these characteristics. Alto encourages applicants of all ages.

About Alto

Founded in 2015, AltoIRA aka Alto is a rapidly growing fintech startup based in Nashville, TN. At Alto, we’re building a next-generation platform to provide clients with the tools and opportunities they need to invest retirement funds into alternative assets. We’re empowering everyone to invest in what they choose and supporting their desire to take a more active role in shaping their financial future. The Alto platform streamlines the process for individual investors and advisors to access, research, and invest in alternative assets using retirement funds. It connects investors with private companies, fund managers, and over 50 recognized investment platforms, including Coinbase, Republic, Masterworks, and EquityZen, that offer access to a wide range of alternative assets, including startups, shares in artwork, real estate, cryptocurrency, and more.

Job Summary
  • Job Title
    SVP Operations, Alto Securities
  • Company
    Alto Solutions
  • Location
  • Employment Type
    Full time
Ready to apply?
Ready to apply?