Director of Transfer of Assets (ACATS)
Core
Own the end-to-end ACATS and non-ACAT transfer lifecycle, including initiation, validation, exception handling, asset delivery, settlement, claims, and residuals.
Role type
Director of Operations (Account Transfers)
Builds
The firm's internal authority on transfer mechanics and the end-to-end transfer function.
Domain
Wealth Management / Financial Services / Account Transfers
Required skills
ACATS/DRS/DWAC transfer mechanics, FINRA Rule 11870, NSCC rules, workforce management, process improvement, risk controls, stakeholder management, data analysis
Preferred skills
Series 7/99/24 licenses, AI tooling implementation, team culture building
Technologies
Excel, Google Sheets
Responsibilities
Lead, coach, develop, and hire top talent for the transfer team; Monitor metrics including productivity, quality, straight-through processing rate, rejection rates, SLAs, and processing times; Partner with Product and Engineering to shape the transfer roadmap and validate releases; Develop and maintain transfer policies and procedures; Serve as the operational point of contact for internal audit, compliance, and regulatory examinations.
Seniority
Director, hands-on leadership
