Director - Credit Risk

Assess the credit and financial strength of the firm's prospective counterparties by performing fundamental credit analysis using both quantitative and qualitative factors.

Monitor credit risk exposures across our client base on a daily basis.

Perform exposure analysis regularly in order to assess portfolio concentrations or trends.

Recommend and communicate credit exposure appetite across trading products utilizing internal policies and methodologies.

Serve as the liaison for regulatory examinations, audits, and inquiries — including interactions with the SEC, FINRA, and other relevant regulators — preparing documentation, responding to findings, and ensuring timely remediation.

Collaborate with Sales & Trading, Legal, Operations and Compliance departments for client due diligence meetings, legal negotiations for traded products and team efficiency projects.

The Credit Risk Team serves as a key function of Clear Street’s risk management framework. The Team enforces a strong credit culture by managing and mitigating the firm’s counterparty risk to enable the firm to grow in a scalable and prudent manner.

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. Our platform is fully integrated with central clearing houses and exchanges to support billions in trading volume per day. We’ve agonized about our data model abstractions, created horizontal scalability, and crafted thoughtful APIs. All so we can provide a best-in-class experience for our clients.

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.

As Director of Credit Risk at Clear Street, you will be a senior leader within the Risk Management Team, responsible for shaping and executing the firm's credit risk strategy as it scales. This role requires a seasoned professional who can independently manage a complex, institutional client portfolio, serve as a point of contact for regulators and auditors, and drive the continued evolution of the firm's credit risk framework.