Risk/Margin Analyst at TechSpeed Clearing LLC
2 days ago
Addison
Job DescriptionBenefits: • 401(k), • Competitive salary, • Health insurance Position Summary The Risk & Margin Analyst plays a critical role in protecting the clearing firm from market, credit, operational, and liquidity risks. This role is responsible for monitoring client exposures, calculating margin requirements, evaluating collateral sufficiency, assessing accountlevel risk concentrations, and identifying potential sources of volatilitydriven losses across equities, options, fixed income, futures (if applicable), and other supported asset classes. The Analyst evaluates realtime and endofday risk positions, leveraging margin methodologies (e.g., Reg T, portfolio margin, house rules, DTCC, OCC and clearinghouse models), exposure analytics, and market conditions to ensure the firm maintains appropriate capital buffers and risk controls. The role requires strong quantitative, analytical, regulatory, and communication skills, as well as the ability to operate effectively in timesensitive environments. Key Responsibilities 1. Exposure & Margin Monitoring • Calculate and monitor margin requirements using Reg T, portfolio margin, daytrading margin, and house margin policies., • Assess client and introducing broker positions for concentration risk, leverage risk, volatility exposure, and liquidation risk., • Identify accounts approaching or breaching limits and escalate appropriately to supervisors, introducing brokers, and management., • Perform realtime exposure monitoring during volatile market periods or highrisk events (e.g., earnings, corporate actions).2. Collateral & Liquidity Management, • Validate collateral deposits, cash movements, and securities pledges., • Monitor collateral sufficiency relative to account exposures and house requirements., • Coordinate with operations, treasury, and finance teams on margin calls, deposits, and funding obligations., • Identify intraday liquidity risks that could impact the clearing firms capital or settlement obligations.3. Margin Call Processing, • Issue, track, and enforce margin calls, maintenance calls, house calls, and Fed calls in accordance with regulatory and firm policies., • Communicate directly with introducing brokerdealers regarding calls, deadlines, escalation paths, and potential liquidations., • Support operational teams in initiating liquidations when calls are not met.4. Market & Credit Risk Analysis, • Perform stress testing, scenario analysis, and sensitivity analysis on portfolios and counterparties., • Analyze large or complex positions for heightened risk (e.g., concentrated options positions, highbeta equities, shortdated options)., • Evaluate counterparties and introducing brokers for exposure risks, creditworthiness, and position volatility., • Identify emerging risks based on market conditions, events, or product types.5. Regulatory Adherence & Controls, • Ensure margin practices comply with FINRA, SEC, FRB Regulation T, and OCC margin rules., • Maintain detailed audit trails, documentation, and supervisory evidence for regulatory exams., • Support compliance teams during FINRA/SEC/OCC reviews and internal audits., • Help maintain and update Written Supervisory Procedures (WSPs) related to margin and risk functions.6. Data Analytics, Reporting & Technology, • Produce daily, weekly, and monthly exposure and margin reports for risk management, operations, and senior leadership., • Validate riskengine outputs, margin calculations, and data integrity across systems., • Partner with technology teams to improve risk systems, dashboards, and analytics tools., • Participate in user acceptance testing (UAT) for upgrades, new risk models, and workflow improvements.7. Client & Internal Stakeholder Communication, • Act as a subjectmatter expert for margin policies, exposure analytics, and industry rules., • Provide guidance to introducing brokers on margin requirements, risk mitigation, and productspecific risks., • Bachelors degree in Finance, Economics, Mathematics, Statistics, Engineering, or related field., • 25 years of experience in risk management, margin operations, clearing, brokerdealer operations, or derivatives analysis., • Strong knowledge of securities markets, options Greek sensitivities, margin methodologies, and risk models., • Intermediate to advanced Excel skills (pivot tables, VLOOKUP, modeling) and familiarity with risk analytics platforms., • Ability to quickly interpret large datasets and complex financial information., • FINRA Series 7 strong plus for understanding products., • FINRA Series 99 preferred for operations roles., • Strong analytical, quantitative, and criticalthinking abilities., • Excellent communication skills for explaining complex concepts to nontechnical stakeholders., • High attention to detail; ability to detect anomalies and uncover hidden exposures., • Ability to perform under pressure during market volatility or operational deadlines., • Problemsolving mindset with initiative to prevent risk before it materializes., • Ability to independently escalate issues using sound judgment.