Associate Director - Credit Risk

Responsibilities

• 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.

Experience Required

• Bachelor's degree in finance, economics or any other quantitative fields. Master's degree or CFA is a plus.
• 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 - including leading exam responses and managing audit deliverables.
• Deep expertise in counterparty credit risk across prime brokerage products including securities financing, margin lending, derivatives, cleared products, and digital assets.
• Strong executive presence with the ability to communicate complex risk issues clearly and credibly to senior leadership, clients, and external stakeholders.

Pay and benefits

The Base Salary Range is $125,000 - $175,000. These ranges are representative of the starting base salaries for this role at Clear Street. Which range a candidate fits into and where a candidate falls in the range will be based on job related factors such as relevant experience, skills, and location. These ranges represent Base Salary only, which is just one element of Clear Street's total compensation. The ranges stated do not include other factors of total compensation such as bonuses or equity.

At Clear Street, we offer competitive compensation packages, company equity, 401k matching, gender neutral parental leave, and full medical, dental and vision insurance. Our belief has always been that we are better as a business when we are all together in person. We are requiring employees to be in the office 4 days per week. In-office benefits include lunch stipends, fully stocked kitchens, happy hours, a great location, and amazing views.

Our top priority is our people. We're continuously investing in a culture that promotes collaboration. We help each other through challenges and celebrate each other's successes. We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse - in ideas, in cultures, and in experiences.