Risk Analyst

Posted 4 Days Ago
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Chicago, IL
Hybrid
Junior
Fintech • Software • Financial Services
Modernizing the brokerage ecosystem.
The Role
As a Risk Analyst at Clear Street, you will monitor risk and margin requirements for Prime Brokerage clients, build and automate stress test methodologies, generate key risk reports, and communicate findings to senior management and clients. You will also assist in project management related to risk platform builds.
Summary Generated by Built In

About Clear Street: 

Clear Street is modernizing the brokerage ecosystem. Founded in 2018, Clear Street is a diversified financial services firm replacing the legacy infrastructure used across capital markets.

We started from scratch by building a completely cloud-native clearing and custody system designed for today’s complex, global market. Clear Street’s proprietary prime brokerage platform adds significant efficiency to the market, while focusing on minimizing risk, redundancy, and cost for clients. Our goal is to create a single source-of-truth platform for every asset class, in every country, and in any currency.

By combining highly-skilled product and engineering talent with seasoned finance professionals, we’re building the essentials to compete in today’s fast-paced markets.

The Team:

Your team will own risk management across Clear Street's business lines, playing a crucial role in the success of our growing business. As a Risk Analyst, you will contribute to successfully creating, evolving, and executing risk frameworks and best practices. This is an impactful position that provides the opportunity to expand both your quantitative and client facing skills.

The Role:

  • You will monitor intraday and end of day risk and margin requirements across Prime Brokerage clients.
  • Monitor market risk for US markets in OMS and risk systems and escalate to senior management as appropriate.
  • Build margin/risk and stress test methodologies for Equity and Futures Derivatives portfolios
  • Generate and automate ad-hoc reports to highlight key risk factors across client portfolios
  • Communicate risk observations with senior risk management and clients
  • Assist the team in projects related to risk/margin platform builds

Requirements:

  • At least 1 year of professional experience in prime brokerage risk, trading risk role covering Equity and Futures Derivatives at a bank or buy/sell side or hedge fund.
  • Bachelor’s or Master in Finance, Economics, Math or Financial Engineering
  • Python coding skill preferred
  • Strong analytical and quantitative aptitude
  • Highly organized with exceptional attention to detail with competing deadlines.
  • Team player with positive attitude and strong work ethic
  • Strong communication skills (written and verbal)
  • Strong project management skills / ability to work on projects and partner closely with our engineering team.
  • Commercially savvy with the ability to exercise discretion with respect to highly confidential/sensitive information

Top Skills

Python

What the Team is Saying

Nilimp
Victor
Jordan
The Company
HQ: New York, NY
471 Employees
Hybrid Workplace
Year Founded: 2018

What We Do

Clear Street is a financial technology firm on a mission to modernize the brokerage ecosystem. Founded in 2018, we have developed a completely cloud-native brokerage and clearing system designed for today’s complex global markets. Our proprietary technology platform reimagines legacy workflows, adding significant efficiency to the market, while transparently minimizing risk and cost for clients. We proudly serve an ever-growing roster of active traders, emerging managers and large institutions. Our goal is to build an all-in-one platform capable of processing every asset class, in every country, and in any currency.

By combining highly-skilled product and engineering talent with seasoned finance professionals, we’re building the essentials to compete in today’s fast-paced markets.

Why Work With Us

Clear Street has thoughtfully cultivated a team that combines problem-solving engineers with financial industry experts across clearing platforms, compliance, and more. The company is focused on building a team that is motivated to tackle fintech innovation and create a collaborative work culture for everyone.

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Clear Street Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We are requiring employees to be in the office 4 days per week. In-office benefits include lunch stipends, fully stocked kitchens, happy hours, a great location, and amazing views.

Typical time on-site: 4 days a week
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