Manager, Trading Credit Risk (Margin & Options)

Dallas, TX. Posted 2 months ago

The role

You will own the credit and market risk framework for margin and options products. This individual contributor role involves identifying, measuring, and acting on risk while building risk controls alongside Product and Engineering teams.

What you will do

Own daily credit risk surveillance across margin accounts
Design, calibrate, and maintain house margin requirements
Monitor concentration, liquidity, and volatility risk and run stress scenarios
Set and maintain collateral treatment across security types
Approve margin requirement changes, extensions of time, and exception cases
Review debit balance trends and escalate accounts approaching liquidation thresholds
Direct the Trade Desk on liquidation decisions, sequencing, and timing
Own expiration-day and in-the-money risk reviews
Review and drive resolution of uncovered or at-risk options positions
Monitor OCC margin outputs, spread files, and specific deposits

Required qualifications

5+ years of experience in credit risk, margin risk, or market risk at a broker-dealer, clearing firm, or custodian
Hands-on experience with margin methodologies, house requirements, stress testing, and concentration analysis
Strong working knowledge of options risk, including assignment/exercise exposure, expiration risk, and strategy-based margin
Demonstrated experience making and defending time-sensitive risk decisions
Strong knowledge of Regulation T, FINRA Rule 4210, and FINRA Rule 2360
Experience with platforms such as FIS Phase 3, Stream Credit Monitor (SCM), Sterling Risk Monitor (SRM), and OCC tools (ENCORE, STANS outputs)
Strong analytical skills
Advanced Excel required
FINRA Series 7 required
FINRA Series 63 required
Series 4 (Registered Options Principal) required, or must be obtained within 90 days of employment

Nice to have

SQL or Python
Series 57
Series 24

Benefits

Stunning, amenity-filled office spaces
Competitive total compensation
Premium healthcare, dental, and vision insurance plans (HMO and PPO)
401k savings plan with a 4% match and immediate vesting
16 week paid parental leave after one year of employment
Professional growth and development opportunities
Employee mobility program
Annual L&D budget allocation
Company perks program including discounts on pet insurance, fitness, cell phone plans, and travel
Financial guidance program

About the company

Altruist is transforming the multi-trillion dollar wealth management industry by building an AI platform for wealth professionals. They partner with financial advisors nationwide to empower them to grow and deliver superior outcomes for clients.