Associate Director - Credit Risk

The role

You will be a senior leader within the Risk Management Team responsible for shaping and executing the firm's credit risk strategy. You will manage a complex institutional client portfolio and serve as a point of contact for regulators and auditors.

What you will do

• Assess the credit and financial strength of prospective counterparties using quantitative and qualitative factors.
• Monitor credit risk exposures across the client base on a daily basis.
• Perform exposure analysis to assess portfolio concentrations or trends.
• Recommend and communicate credit exposure appetite across trading products.
• Serve as the liaison for regulatory examinations, audits, and inquiries.
• Prepare documentation and respond to findings from regulators like the SEC and FINRA.
• Collaborate with Sales & Trading, Legal, Operations and Compliance departments.

Required qualifications

• Bachelor’s degree in finance, economics or any other quantitative fields.
• At least five (5) years of experience in credit risk management experience at a prime brokerage, broker-dealer or investment bank.
• Proven experience interfacing directly with regulators (SEC, FINRA) and external auditors.
• Deep expertise in counterparty credit risk across prime brokerage products including securities financing, margin lending, derivatives, cleared products, and digital assets.
• Strong executive presence to communicate complex risk issues to senior leadership, clients, and external stakeholders.

Nice to have

• Master’s degree
• CFA

Benefits

• company equity
• 401k matching
• gender neutral parental leave
• full medical, dental and vision insurance
• lunch stipends
• fully stocked kitchens
• happy hours

About the company

Clear Street is a diversified financial services firm founded in 2018 that is modernizing the brokerage ecosystem. The firm built a cloud-native clearing and custody system to support global market trading volume.