Associate Director, Risk & Margin

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.

Overview Clear Street, LLC is seeking an experienced and highly motivated Associate Director to join our Risk/ Margin team.

Requirements

, and developing strategic initiatives to enhance team performance and support business expansion. The successful candidate must possess deep expertise across several key areas: financial instruments, collateral management, relevant regulatory frameworks (including Federal Reserve - Regulation T, FINRA 4210, CFTC, and SEC 18a-3), and the end-to-end front-to-back office processes related to trading and clearing.

, and internal firm house policy. Spearhead efficiency and improvements within the collateral management infrastructure and operational workflows.

Manage the preparation and submission of internal and external regulatory reports related to risk, capital, and collateral. Serve as a key contact for regulatory examinations and internal audits related to risk controls and margin processes. Leadership and Strategy Contribute to the strategic development and implementation of the firm’s overall risk framework and technology roadmap.

Partner with Technology, Operations, Legal, and Front Office teams to execute new product launches and process enhancements. Identify and implement automation opportunities to streamline risk and margin processes, reducing operational risk.

Key Responsibilities

Margin and Collateral Management Manage the daily calculation, issuance, and settlement of margin calls. Ensure the accurate and timely management of collateral, including eligibility assessments, optimization, and allocation.

Qualifications

Essential Bachelor's degree in Finance, Economics, Quantitative Methods, or a related field. , investment bank, clearing house, asset manager). Desirable Experience with risk management systems or collateral management platforms.

, SQL, Python, R). Excellent communication skills, both written and verbal, with the ability to articulate complex risk issues to senior management and diverse stakeholders. ).

Strong knowledge of global derivatives markets, secured financing transactions We Offer: The Base Salary Range for this role is $125,000-170,000. 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.