Director - Credit Risk at Clear Street | New York, NY, US | Rezi

Director - Credit Risk at Clear Street

Director - Credit Risk

Clear Street · New York, NY, US

2 days ago

Director - Credit Risk

Clear Street · New York, NY, US

3 days ago
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About the Role

As Director of Credit Risk at Clear Street, you will be a senior leader within the Risk Management Team, responsible for shaping and executing the firm's credit risk strategy as it scales. This role requires a seasoned professional who can independently manage a complex, institutional client portfolio, serve as a point of contact for regulators and auditors, and drive the continued evolution of the firm's credit risk framework.

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 and perform exposure analysis regularly 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.

Requirements

  • 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.

Work Type

  • Hybrid

Experience Level

  • 8-10 years

Education Level

  • Bachelor's degree in finance, economics or any other quantitative fields.
  • Master's degree or CFA is a plus.

Salary/Compensations

  • $180,000 - $250,000

Benefits

  • Company equity
  • 401k matching
  • Gender neutral parental leave
  • Full medical, dental and vision insurance
  • Lunch stipends
  • Fully stocked kitchens
  • Happy hours

About the Company

  • Clear Street is modernizing the brokerage ecosystem.
  • Founded in 2018, Clear Street is a diversified financial services firm replacing the legacy infrastructure used across capital markets.
  • We started from scratch by building a completely cloud-native clearing and custody system designed for today’s complex, global market.
  • Our platform is fully integrated with central clearing houses and exchanges to support billions in trading volume per day.
  • We’ve agonized about our data model abstractions, created horizontal scalability, and crafted thoughtful APIs.
  • All so we can provide a best-in-class experience for our clients.
  • By combining highly-skilled product and engineering talent with seasoned finance professionals, we’re building the essentials to compete in today’s fast-paced markets.

Equal Opportunity

  • We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse — in ideas, in cultures, and in experiences.
  • We put in the effort to make such a workplace a daily reality and are proud to be an equal opportunity employer.