Public

Brokerage Associate

United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Fintech, BrokerageIndustries

Position Overview

  • Location Type: [Not specified]
  • Employment Type: [Not specified]
  • Job Type: Brokerage Associate
  • Salary: [Not specified]

Public is an investing platform that makes building a multi-asset portfolio fast, frictionless, and secure. Members can trade stocks, options, bonds, and crypto—all in one place. Alongside its robust suite of investing tools, Public offers Alpha, a layer of artificial intelligence that provides fundamental data and custom analysis to support informed investment decisions. Since 2019, Public has raised over $400 million. Investors include Accel, Tiger Global, Will Smith's Dreamers VC, The Chainsmokers' Mantis VC, and Shari Redstone's Advancit Capital, as well as renowned figures in business and culture, like Maria Sharapova, and Tony Hawk.

Responsibilities

  • Daily resolution of trade and allocation breaks with Public’s custodian and the street.
  • Monitoring of daily margin calls, unsecured debts, and other exception reporting.
  • Close-out trading.
  • Management of Public’s inventory and error accounts.
  • Working closely with all areas of the Public Organization, including Client Experience, to resolve trading or margin issues.
  • Independently leading projects and analyses to support business growth and enhance the investing experience for all Public members.
  • Cross-functional collaboration within Brokerage to support Onboarding and Risk functions.

Requirements

  • 1-3 years experience working in a fast-paced, dynamic environment such as fintech, brokerage, sales & trading, or management consulting.
  • Working knowledge of margin accounts, managing margin calls.
  • Product knowledge related to equities, options, and fixed income.
  • Problem solver with the ability to make quick decisions.
  • Independent operator comfortable with ambiguity.
  • Ability to identify opportunities to improve and automate systems & processes.
  • Series 7 and/or 63/66 license.

Bonus Points

  • Financial services experience.
  • Public markets investing & experience on or supporting a trading desk.
  • Experience with Apex Clearing.
  • Corporate Actions experience.
  • Experience and fluency with using Looker (or interest in learning).
  • Series 4, 57, and/or 24 (or other FINRA certifications).
  • Active Public.com Member

Company Information

Public is an equal employment opportunity employer to all employees and applicants for employment and prohibits discrimination and harassment of any type.

Skills

Trade resolution
Margin calls management
Equities
Options
Fixed income
Problem-solving
Decision-making
Process automation
Series 7
Series 63/66

Public

Offers high-yield cash accounts and investment services

About Public

Public.com provides a high-yield cash account with a 5.1% annual percentage yield (APY), allowing customers to earn interest on their cash. It serves individual investors by offering a platform to buy bonds and engage in equity trades, while sharing 50% of its options trading revenue with customers for transparency. The company uses artificial intelligence to deliver real-time data and analysis, helping users make informed investment decisions. Public.com aims to empower individual investors with accessible financial tools and information.

New York City, New YorkHeadquarters
2019Year Founded
$403.2MTotal Funding
SERIES_DCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Health, dental, & vision
Parental leave
Sick leave
401k with 4% match
Gym memberships
FSA & HSA
Reproductive care

Risks

Increased competition from fintech platforms may dilute Public.com's market share.
Volatility in cryptocurrency markets could affect user trust in Public.com's crypto services.
Rising interest rates may challenge the attractiveness of Public.com's high-yield cash account.

Differentiation

Public.com offers fractional ownership across diverse assets, including stocks, crypto, and collectibles.
The platform provides AI-driven data analytics for personalized investment insights and recommendations.
Public.com shares 50% of its options revenue with customers, ensuring transparency and trust.

Upsides

Public.com raised $135M in Series D, supporting its commission-free trading platform expansion.
The platform's high-yield cash account offers a competitive 5.1% APY, attracting cash investors.
AI-powered analysis of earnings calls provides users with deeper insights into company performance.

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