Risk Analyst

WHO WE ARE
Apex Fintech Solutions (AFS) powers innovation and the future of digital wealth management by processing millions of transactions daily, to simplify, automate, and facilitate access to financial markets for all. Our robust suite of fintech solutions enables us to support clients such as Stash, Betterment, SoFi, and Webull, and more than 20 million of our clients' customers.
Collectively, AFS creates an environment in which companies with the biggest ideas in fintech are empowered to change the world. We are based in Dallas, TX and also have offices in Austin, New York, Chicago, Portland, and Belfast.
If you are seeking a fast-paced and entrepreneurial environment where you'll have the opportunity to make an immediate impact, and you have the guts to change everything, this is the place for you.
AFS has received a number of prestigious industry awards, including:

• 2021, 2020, 2019, and 2018 Best Wealth Management Company - presented by Fintech Breakthrough Awards
• 2021 Most Innovative Companies - presented by Fast Company
• 2021 Best API & Best Trading Technology - presented by Global Fintech Awards

ABOUT THIS ROLE
The Risk Analyst will work on complex portfolios which include margin and options requirements (complex strategies) of clients via active monitoring, including changes in credit profile and risk credit limits. You will work closely with various departments to ensure that all risk management processes are in place and adhered to, supporting the overall stability and integrity of our services/portfolios.
Duties/Responsibilities

• Establish appropriate internal risk ratings and credit limits for clients and implement accurate adjustments due to changes in credit outlook as well as the firm's desired exposure levels.
• Assess the creditworthiness, including due diligence of borrowers and/or trading counterparties and authoring credit analysis.
• Assess and structure complex transactions and work on credit documentation to mitigate risk appropriately.
• Coordinate closely with the Risk, Operation, Stock Loan, and Treasury departments to provide high quality and timely credit decisions while observing compliance with established credit policies and guidelines.
• Complete the daily assessment of portfolio risk across a substantial client base and across a wide range of asset classes.
• Develop risk offerings/platforms and other risk initiatives
• Provision risk management solutions to clients in relation to margin financing and leveraged trading
• Assist with the development of internal and external reporting with a focus on the client and relevant risk information
• Address client specific queries on a daily basis
• Participate in other general firm risk assessments as needed inclusive of operational risk assessments

Education and/or Experience

• Bachelor's degree in Finance, Economics, Business Administration, or a related field or equivalent experience required
• 2+ years of experience in risk analysis, preferably within the financial services industry or at a correspondent clearing/broker-dealer firm
• FINRA Series 7 License required (or willingness to obtain)

Required Skills/Abilities

• Knowledge of quantitative analytics and statistical modeling
• Understanding of value at risk and computational methods
• Understanding of gamma in relationship to price movements of an option
• Strong written and verbal communication skills
• Proficiency in Microsoft Office 365
• Proficiency in SQL to analyze and manage large datasets, preferred
• Knowledge of R or Python, preferred

Work Environment

• This job operates in an office environment.

​ Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
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Our Rewards
We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental and vision, EAP), competitive PTO, 401k match, parental leave, and HSA contribution match. We also provide our employees with a paid subscription to the Calm app and offer generous external learning and tuition reimbursement benefits. At AFS, we offer a hybrid work schedule for most roles that allows employees to have the flexibility of working from home and one of our primary offices.
Diversity, Equity, Inclusion, and Belonging (DEIB) Commitment
We're looking for all kinds of people.
At Apex, we believe that wealth management and investing should be accessible to everyone, and we strive to create spaces to democratize investing for folks of all walks of life. Internally, we embrace diversity and are dedicated to creating an inclusive and equitable workplace, which reflects our company vision and mission. We value every team member's unique perspective and are committed to fostering a culture where everyone belongs. Join us in our mission to empower and celebrate individual differences.
Apex is committed to being an equal opportunity employer. We ensure that qualified applicants receive fair consideration for employment without discrimination based on sex, gender identity, gender expression, sexual orientation, race, color, natural or protective hairstyle, genetics, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law. Know your rights: workplace discrimination is illegal. We stand by this commitment to promote a diverse, equitable, and inclusive workforce.