Senior Trading Credit Risk Analyst (Margin & Options)
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What you'll do
- Perform daily reviews in Stream Credit Monitor (SCM) to validate margin requirements, calls, and exceptions
- Monitor concentration, liquidity, and volatility risk across margin accounts and flag emerging exposure
- Use Sterling Risk Monitor (SRM) to assess intraday exposure, stress scenarios, and downside risk
- Track debit balance trends and accounts approaching liquidation thresholds, escalating per policy
- Coordinate with the Trade Desk on liquidations required to satisfy margin or debit obligations
- Apply collateral treatment rules, including haircuts on fixed income and other security types, in daily reviews
- Run expiration-day and in-the-money (ITM) reviews for assignment and exercise exposure
- Identify uncovered or at-risk options positions and escalate for resolution
- Support monitoring of OCC margin outputs (STANS) and spread files in partnership with Operations
- Execute daily work in compliance with Regulation T, FINRA Rule 4210, and FINRA Rule 2360
- Support Reg T extension filings and exception documentation
- Maintain clear documentation and audit evidence for daily reviews, exceptions, and escalations
What they're looking for
- 2+ years of experience in margin, credit risk, or brokerage risk operations at a broker-dealer, clearing firm, or custodian
- Working knowledge of Reg T, maintenance margin, PDT rules, and basic options mechanics
- FINRA Series 7 and Series 63 required
Nice to have
- Hands-on experience with margin calls, debit balances, or credit monitoring strongly preferred
- Experience with platforms such as FIS Phase 3, Stream Credit Monitor (SCM), or similar credit systems
- Exposure to OMS/risk tools such as Sterling a plus
- Strong Excel skills; SQL or Python a plus
- Series 4 a plus, but not required
- Series 57 a plus, or willingness to obtain
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
About Altruist
Altruist is transforming the multi-trillion dollar wealth management industry by building an AI platform for wealth professionals. We partner with financial advisors nationwide, empowering them to grow, optimize time and resources, and deliver superior outcomes for their clients.
We're looking for exceptional talent to help us achieve our mission of making financial advice better, more affordable, and accessible to all. If you're passionate about challenging the status quo and want to do the most important work of your life, we'd love to meet you!
But first, our values
Kindness - Kindness doesn’t just equal niceness. We listen to understand. We embrace, and encourage healthy debate and diverse perspectives. We approach conflict openly, honestly, and respectfully.
Brilliance - Humility is the skill we’re most proud of and possessing a growth mindset is always top of mind. We take ownership in everything we touch; regularly using our unique superpowers to reach a common goal as a team. We succeed and fail as one.
Grit - When challenges arise, we stay laser focused on achieving our mission and finding a way forward, even when it’s hard. We are nimble and maintain a sense of urgency, swiftly adapting to change and overcoming obstacles.
The opportunity
Altruist is launching and scaling Margin and Options, two of the most risk-intensive capabilities at a modern custodian. We're hiring a Senior Analyst, Trading Credit Risk (Margin & Options) to execute the daily risk surveillance, exception review, and escalation work that keeps these products safe.
This role sits within the Trading & Brokerage Operations organization and reports to [reporting manager]. It is a hands-on individual contributor role with a clear growth path toward the Manager, Trading Credit Risk seat for someone who performs, builds, and aspires to lead.
Your impact
As Senior Analyst, Trading Credit Risk (Margin & Options), you will be a first line of defense for credit and market risk: working daily in core risk systems, catching exposure early, and escalating with sound judgment.
Daily Margin Risk Surveillance
- Perform daily reviews in Stream Credit Monitor (SCM) to validate margin requirements, calls, and exceptions
- Monitor concentration, liquidity, and volatility risk across margin accounts and flag emerging exposure
- Use Sterling Risk Monitor (SRM) to assess intraday exposure, stress scenarios, and downside risk
- Track debit balance trends and accounts approaching liquidation thresholds, escalating per policy
- Coordinate with the Trade Desk on liquidations required to satisfy margin or debit obligations
- Apply collateral treatment rules, including haircuts on fixed income and other security types, in daily reviews
Options Risk Reviews
- Run expiration-day and in-the-money (ITM) reviews for assignment and exercise exposure
- Identify uncovered or at-risk options positions and escalate for resolution
- Support monitoring of OCC margin outputs (STANS) and spread files in partnership with Operations
Regulatory & Control Responsibilities
- Execute daily work in compliance with Regulation T, FINRA Rule 4210, and FINRA Rule 2360
- Support Reg T extension filings and exception documentation
- Maintain clear documentation and audit evidence for daily reviews, exceptions, and escalations
- Contribute to KRI tracking and recurring risk reporting
Build & Improve
- Provide operational feedback and testing support to Product and Engineering during risk control buildouts
- Identify manual surveillance steps that can be automated and propose improvements, including experiments with AI tooling
What you bring
We're looking for a sharp, detail-oriented risk professional who is hungry to grow into broader ownership.
Experience & Expertise
- 2+ years of experience in margin, credit risk, or brokerage risk operations at a broker-dealer, clearing firm, or custodian
- Hands-on experience with margin calls, debit balances, or credit monitoring strongly preferred
- Working knowledge of Reg T, maintenance margin, PDT rules, and basic options mechanics
- Experience with exception reports and time-sensitive workflows
Technical & Systems Familiarity
- Experience with platforms such as FIS Phase 3, Stream Credit Monitor (SCM), or similar credit systems
- Exposure to OMS/risk tools such as Sterling a plus
- Strong Excel skills; SQL or Python a plus
- Comfort working with operational reports and internal tools
Licensing
- FINRA Series 7 and Series 63 required
- Series 4 a plus, but not required
- Series 57 a plus, or willingness to obtain
Skills & Mindset
- High attention to detail and a strong sense of accountability
- Aspires to grow into the Manager seat and shows it through initiative, documentation, and ownership beyond the task list
- Genuinely curious about AI: you experiment with AI tools to speed up analysis, triage, and repetitive work, and you bring those ideas to the team
- Sound judgment and comfort escalating when risk thresholds are breached
- Clear written and verbal communication for advisor and internal interactions
What we bring
Attracting and retaining top-tier talent is a priority. We are proud of the culture we’ve built and are cognizant of the ever-changing professional landscape. Our dynamic offering of perks and benefits are tailored for you to feel your best while doing your best.
- Stunning, amenity-filled office spaces in Culver City, CA, San Francisco, CA, and Dallas, TX. Our offices are intentionally designed for comfort, collaboration, and productivity.
- Competitive total compensation.
- Premium healthcare, dental, and vision insurance plans (HMO and PPO).
- 401k savings plan with a 4% match and immediate vesting.
- 16 week paid parental leave after one year of employment.
- Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee.
- Company perks program (includes discounts on pet insurance, fitness, cell phone plans, and travel, etc.).
- Financial guidance program (includes counseling on navigating debt, tracking personal spend, saving and planning goals, home-purchasing preparedness, etc.).
- One month work from anywhere policy (with the exception of a few countries).
Total compensation includes a competitive benefits package, along with a bonus program for eligible roles. For salaried positions, a salary offer will be determined by a number of factors including experience, skill level, internal pay equity, geographic location, and other relevant business considerations. We review all employee pay and compensation programs regularly to ensure fair, equitable, and competitive pay. At Altruist, we are committed to providing fair, equitable, and competitive compensation by leveraging market data to inform our pay bands. Base salaries will be reviewed at regular intervals throughout the year, typically in conjunction with performance review cycles. By evaluating compensation on a regular basis, we are able to reward high performance and ensure all employees have opportunities for growth.
Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Altruist we are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.
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