About Clear Street
Revolutionizing clearing for the modern trading landscape
Key Highlights
- Raised over $100 million in funding from Coatue Management
- Headquartered in New York City with a growing team of 200+ employees
- Offers clearing, settlement, and prime brokerage services
- Serves clients including hedge funds and asset managers
Clear Street is a fintech company focused on modernizing the clearing and settlement processes for financial institutions. Based in New York City, Clear Street offers a comprehensive suite of services, including clearing, settlement, and prime brokerage, catering to clients like hedge funds and asse...
🎁 Benefits
Clear Street offers competitive salaries, equity options, generous PTO, and a flexible remote work policy to support work-life balance. Employees also...
🌟 Culture
Clear Street fosters a culture of innovation and transparency, encouraging employees to contribute ideas that drive the company's mission to modernize...
Risk Manager • Lead
Skills & Technologies
Overview
Clear Street is seeking an Associate Director, Risk & Margin to oversee daily margin activities and ensure compliance with regulatory mandates. You'll leverage your expertise in financial instruments and collateral management to enhance team performance and support business expansion.
Job Description
Who you are
You have extensive experience in risk management, particularly in the financial services sector, with a strong understanding of margin and collateral management. Your expertise spans various financial instruments and regulatory frameworks, including Federal Reserve - Regulation T, FINRA 4210, CFTC, and SEC 18a-3. You are adept at navigating complex compliance requirements and have a proven track record of developing strategic initiatives that enhance team performance and support business growth. You thrive in collaborative environments and are committed to fostering a culture of teamwork and success.
You possess strong analytical skills and are comfortable working with data to inform decision-making processes. Your ability to communicate effectively with both technical and non-technical stakeholders allows you to bridge gaps and drive initiatives forward. You are detail-oriented and have a keen eye for identifying potential risks and implementing effective mitigation strategies. You understand the importance of maintaining a high-performance workforce that values diversity in ideas, cultures, and experiences.
Desirable
Experience with cloud-native systems and modern brokerage platforms is a plus. Familiarity with end-to-end front-to-back office processes related to trading and clearing will further enhance your candidacy. You are open to continuous learning and are eager to stay updated on industry trends and regulatory changes that impact risk management practices.
What you'll do
In your role as Associate Director, Risk & Margin, you will oversee the daily calculation, issuance, and settlement of margin activities, ensuring compliance with both regulatory mandates and internal requirements. You will lead a team focused on margin and collateral management, driving initiatives that enhance operational efficiency and support business expansion. Your responsibilities will include developing and implementing strategic plans to optimize margin processes and improve team performance.
You will collaborate closely with various departments, including trading, compliance, and operations, to ensure seamless execution of margin activities. Your role will involve analyzing market trends and regulatory changes to proactively address potential risks and implement necessary adjustments to margin policies. You will also be responsible for training and mentoring team members, fostering a culture of collaboration and continuous improvement.
As a key member of the leadership team, you will contribute to the overall strategic direction of the organization, providing insights and recommendations based on your expertise in risk management. You will participate in cross-functional meetings to discuss risk-related issues and collaborate on solutions that align with the company's goals. Your ability to communicate complex concepts clearly will be essential in ensuring that all stakeholders understand the implications of risk management decisions.
What we offer
At Clear Street, we are committed to creating a modern workplace that values collaboration and diversity. We offer competitive compensation and benefits, along with opportunities for professional growth and development. You will be part of a dynamic team that is dedicated to modernizing the brokerage ecosystem and making a meaningful impact in the financial services industry. We encourage you to apply even if your experience doesn't match every requirement, as we value diverse perspectives and experiences in our workforce.
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