Full-Time

Prime Brokerage Risk Quant

Confirmed live in the last 24 hours

Clear Street

Clear Street

501-1,000 employees

Provides prime brokerage and trading services

Fintech
Financial Services

Compensation Overview

$200k - $250kAnnually

+ Bonus + Equity

Senior

New York, NY, USA

Requires onsite presence in New York for four days per week.

Category
Quantitative Analysis
Quantitative Research
Quantitative Finance
Required Skills
Python
R
SQL
Data Analysis
Requirements
  • At least 5 years of professional experience working in quantitative analytical roles, ideally in financial service markets
  • An advanced degree in quantitative finance, economics, statistics, applied mathematics, engineering or similar field
  • At least 3 years of professional experience and proficiency in scripting language, such as Python or R (at least one is required); functional knowledge of SQL is beneficial
  • Outstanding quantitative skills
  • Some combination of Equities, Fixed Income, Swaps, Futures or Listed derivatives knowledge required
  • Demonstrated interest and knowledge of markets and ability to assess impact of macro trends on client portfolios
  • Excellent written, presentation and communication skills
  • Ability to balance multiple projects and deliverables simultaneously
  • Curiosity and strong problem-solving abilities
Responsibilities
  • Perform complex risk analysis of multi-asset portfolios to assess market and liquidity risks
  • Become a SME in the start of day, intraday and end of day risk management platform and process
  • Validate and support daily risk management reports and margin calls
  • Explain margin methodologies and the risk management process on sales calls with prospective and existing clients
  • Work closely and effectively with Sales, Trading, Middle Office, Client Service, Compliance, Legal, Operations and Engineering teams on implementation and deployment of enhancements to margin methodology, process and policy as well as to enhance the existing risk management platforms and margin offering
  • Work in conjunction with Treasury team to access and monitor liquidity stresses
  • Collaborate with Quantitative teams in designing and implementing of stress based risk models
  • Analyze significant datasets, develop and leverage tools to automate workflows, synthesize reports to communicate with senior management, clients and regulators
  • Leverage information from a variety of sources, internal and external, to help shape future service offerings
  • Assist with training and knowledge transfer for other team members to help build a stronger group
  • Develop and assess risk management approaches for customer portfolios, including pricing and risk management models
  • Handle requests from senior leadership, clients and regulators

Clear Street provides a unified platform for trading various financial products, including equities and options, across major markets. Their services focus on prime brokerage, which encompasses trade execution, financing, clearing, and custody, helping clients manage their trading activities effectively. The platform is cloud-based and API-first, allowing for easy integration with other systems and scalability for users. This approach sets Clear Street apart from competitors by reducing technical setup time and enhancing user experience. The company's goal is to modernize capital markets infrastructure, making trading more efficient and accessible for both individual and institutional clients.

Company Stage

Series B

Total Funding

$457.2M

Headquarters

New York City, New York

Founded

2018

Growth & Insights
Headcount

6 month growth

21%

1 year growth

41%

2 year growth

58%
Simplify Jobs

Simplify's Take

What believers are saying

  • Clear Street's expansion into the UK opens new market opportunities in Europe.
  • The demand for cloud-native financial platforms is increasing, benefiting Clear Street's offerings.
  • Growing interest in API-first solutions supports Clear Street's technology-driven approach.

What critics are saying

  • Clear Street faces strong competition from established UK players like Barclays and HSBC.
  • Potential regulatory challenges in Europe could increase compliance costs for Clear Street.
  • Integration of Fox River may disrupt operations if not managed effectively.

What makes Clear Street unique

  • Clear Street offers a cloud-native clearing and custody system for capital markets.
  • The company provides a unified platform for trading equities and options globally.
  • Clear Street's API-first platform allows seamless integration with other financial systems.

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Benefits

Company equity

401k matching

Parental leave

Full medical, dental & vision insurance

Lunch stipends

Fully stocked kitchens

Happy hours