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Salary: USD 120,000 - 160,000 / annual
Clear Street is a diversified financial services firm modernizing the brokerage ecosystem with a cloud-native clearing and custody platform supporting billions in daily trading volume. The company combines product engineering talent with seasoned finance professionals to compete in fast-paced capital markets.
As a Risk Manager on the Active Trading team, you will own risk management across Clear Street's active trader business, creating and executing risk frameworks tailored to individual professional and active traders. This role blends quantitative analysis with client-facing responsibilities, covering U.S. and international markets across multi-asset portfolios.
Key responsibilities include:
**Risk Monitoring & Oversight:** Monitor intraday and end-of-day risk exposures and margin requirements across Active client accounts, with attention to concentrated, high-velocity trading patterns. Track U.S. and international markets through OMS and risk systems, escalating material issues to senior management. Identify and respond quickly to outsized risk events including large directional positions, concentrated single-name exposures, and leverage exceedances. Execute client liquidation trades for risk management purposes.
**Client Engagement:** Serve as primary risk point of contact for Active clients, conducting account reviews, discussing margin requirements, and advising on portfolio risk. Communicate critical risk observations clearly and directly to clients, balancing firm risk discipline with service-oriented approach. Support client onboarding by reviewing trading history, strategy profiles, and setting appropriate account-level risk limits.
**Margin & Methodology:** Develop and maintain robust margin, risk, and stress-testing methodologies calibrated to the Active book, accounting for trading behavior, product mix, and leverage profiles. Assess and refine margin requirements across equities, options, and other products. Support development and enhancement of firm's risk and margin platforms.
**Reporting & Infrastructure:** Generate and automate ad-hoc and recurring reporting to surface key risk factors and exposures. Collaborate with Technology, Product, and Operations teams to improve risk management infrastructure. Contribute to risk policy development as the Active business scales.
**Requirements:**
- Minimum 5 years of professional experience in trading risk, margin, brokerage risk, or related role covering equities and listed derivatives (sell-side, buy-side, or retail/active trading platform)
- Minimum 8 years of overall professional experience in financial services
- Prior exposure to individual trader or active/retail brokerage risk strongly preferred; familiarity with high-frequency or professional individual trader risk profiles preferred
- Bachelor's degree in Finance, Economics, Mathematics, or Financial Engineering required
- Master's degree or CFA/FRM designation preferred
- Solid understanding of equity and listed options products, including options pricing fundamentals and Greeks
- Familiarity with regulatory margin frameworks (Reg T, portfolio margin, intraday trading rules)
- Proficiency in Python and SQL preferred
- Familiarity with Bloomberg, ICE, FactSet, or equivalent tools
- SIE, Series 7, Series 57 required
- Strong communication skills for engaging with professional traders, internal stakeholders, and regulators
- Proactive, collaborative team player with high sense of ownership
- Demonstrated project management experience and ability to work with engineering and cross-functional teams
- Analytical, detail-oriented, with strong quantitative aptitude
- Comfortable in fast-paced environment with frequent, time-sensitive client interactions
