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**](https://beforeyouapply.com/group/engineering-product- 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:
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:
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:
We answered your most pressing questions before you apply [here](https://beforeyouapply.com/group/engineering-product-and-design-at- 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:
Well, what are you waiting for? Apply already! :)
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.
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.