Head of Clearing Risk

Financial Services Firm in Tampa, Florida is seeking a Director of Clearing Risk

Responsibilities:

• Daily monitoring of net capital, excess net capital, liquidity, and clearinghouse requirements
• Development and monitoring of Early Warning Indicators (EWIs)
• VaR, stress testing, and scenario analysis
• NSCC, DTC, OCC, and settlement liquidity exposure
• Client, correspondent, counterparty, and concentration risk
• Capital forecasting and assessment of whether the firm has sufficient resources to support current and projected clearing volumes
• Establishing risk limits, escalation thresholds, and management reporting
• Working closely with the CEO, FINOP/CFO, Clearing Operations, Compliance, and Treasury

Qualifications:

• 8+ years of relevant risk experience
• Meaningful experience working at a U.S. clearing broker or self-clearing broker-dealer
• Strong understanding of SEC/FINRA net capital requirements, clearinghouse margin/deposit requirements, liquidity risk, and broker-dealer market risk
• Experience building or managing clearing risk dashboards, EWIs, VaR, stress testing, and capital frameworks
• Senior enough to independently challenge the business and escalate risk issues to executive management