About Clear Street: 

At Clear Street, we are disrupting the institutional brokerage and clearing market by modernizing archaic industry segments with brand new technology. We’re changing the way institutional investors interact with the markets; offering an alternative to working with big banks. Our cloud-based API technology will empower clients to clear, settle, and finance trading activity while accessing real-time risk and position information. Our platform is built on an incredibly modern tech-stack, by pragmatic engineers focused on building intuitive and frictionless user experiences. Our tech-infused suite of customer experience-oriented prime service offerings will increase our clients’ efficiency and provide real-time insights they’ve never previously experienced.  

The Team:

At Clear Street, our risk and margin functions collaborate closely as members of the same team. Your team will own risk and margin across Clear Street's business lines, playing a crucial role in the success of our growing business. This is a highly impactful position that provides the opportunity to expand both your quantitative and client facing skillsets.

You will: 

  • Work with margin team to ensure Reg margin calculations (Reg T, PM, Day Trading Calls, etc.) are in order.
  • Issue Margin/Risk calls, track and escalate to management as appropriate.
  • Help out with Wires, ACAT, and ‘what if’ scenarios.
  • Drive internal margin/risk platform improvement projects
  • Interact with key internal and external stakeholders to explain any regulatory margin related questions.

Qualifications :

  • Deep understanding on Federal Reserve Reg T, Portfolio Margin and FINRA rule 4210 for various trading strategies and processing margin calls.
  • Bachelor’s degree with a minimum of 4+years of experience in financial services.
  • Analytical skills, problem solving ability, and meticulous attention to detail.
  • Aptitude for building relationships and ability to communicate complex issues to a wide array of internal / external clients with differing levels of product experience.
  • Strong project management skills to drive state-of-the-art technology projects to disrupt PB business.
  • Ability to learn quickly in a fast moving environment. Team oriented approach to sharing workload and leverage skill sets.
  • Familiarity with Excel / VBA  macros, SQL, and other basic programming.

We offer:

  • The opportunity to join a small and growing team of good people, where you can make a difference
  • A meritocratic philosophy that champions collaboration
  • Room to innovate, solve complex business problems and build new products
  • Competitive compensation, benefits, and perks

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