Margin Specialist

About Clear Street: 

Clear Street is building modern infrastructure for capital markets. Outdated technology makes markets difficult and expensive to access. We're fixing that.

We started with prime brokerage, in an industry that has struggled to see any real innovation in decades. Our cloud-native, prime brokerage platform has redefined what it means to work with a prime broker - improving access, speed, and service to our clients.

We want to continue that change across all capital markets. Today, we offer institutions, professional traders, and brokers everything they need to trade U.S. equities and options. In the future, our platform will give all types of investors access to every major product in every major market.

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 skill sets.

You will: 

• Work with the 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