Risk

• Serve as the execution arm for policies set by cross-functional brokerage stakeholders.
• Close client positions and/or apply appropriate account restrictions based on single stock and broad-based stress testing metrics to ensure that client exposures are within established stress guidelines, according to established policies and procedures.
• Close client positions at the direction of the Margin Supervision team, subject to ongoing market and credit risk considerations.
• Monitor expiration risk for options and ensure that in-house automated tools remediate option exposures. Serve as a critical backup to automated tools to ensure timely redundancy measures and/or trades are placed to prevent option assignment risk.
• Work with cross functional teams to remediate any post-expiration options assignment exposures.
• Monitor early assignment risk of options and remediate exposures according to established procedures.
• Execute liquidation of short positions resulting from option assignment.
• Monitor for and remediate uncovered option positions.
• Actively monitor client portfolios for option strategies outside their approved trading levels and close positions as required.
• Liaise with cross functional stakeholders to answer any technical client questions received, including but not limited to margin requirements for complex derivatives and associated actions taken on exposure remediation.
• Create and maintain comprehensive policies and procedures for the team, ensuring documentation remains current with evolving products, regulations, and internal processes.
• Establish, track, and ensure adherence to Service Level Agreements (SLAs) for risk remediation activities, providing regular reporting on performance metrics to senior leadership.
• Draft memos and presentations to senior stakeholders when required.

Team Lead, Derivatives Risk Remediation

Operational Risk Analyst

Manager II, Governance & Control

Risk Manager

Risk Analyst – Contract-to-Hire

Director, Analyst, Enterprise Risk Management