What are the responsibilities and job description for the Risk Analyst position at Clear Street?
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
The Base Salary Range for this role is $70,000 - $110,000. This range is representative of the starting base salaries for this role at Clear Street. Where a candidate falls in this range will be based on job related factors such as relevant experience, skills, and location. This range represents Base Salary only, which is just one element of Clear Street's total compensation. The range stated does not include other factors of total compensation such as bonuses or equity.
At Clear Street, we offer competitive compensation packages, company equity, 401k matching, gender neutral parental leave, and full medical, dental and vision insurance. Our belief has always been that we are better as a business when we are all together in person. As such, beginning on January 2, 2023, 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.
Our top priority is our people. We’re continuously investing in a culture that promotes collaboration. We help each other through challenges and celebrate each other's successes. We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse — in ideas, in cultures, and in experiences. We put in the effort to make such a workplace a daily reality and are proud to be an equal opportunity employer. #LI-Hybrid
Salary : $70,000 - $110,000
