Prime Brokerage Risk Manager

Clear-Street; Greater London; On-site; GBP 100,000 - 140,000; Full time

Benefits offered by this job

Competitive compensation package

Company equity

Pension

Parental leave (gender neutral)

Medical and dental insurance

Job summary

Clear Street in London is seeking an experienced PB Risk Manager to own risk across multiple asset classes, supporting onboarding, risk reviews, and margin management.

You will work closely with technology and product teams to strengthen risk platforms, run stress tests, and deliver robust reporting to clients and regulators.

The role requires deep knowledge of prime brokerage, equity and fixed income products, and strong communication skills; office-based in London with three days onsite.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, or Financial Engineering.
• Master’s degree preferred.
• Solid understanding of equity and fixed income products, including options pricing and risk measures.
• Familiarity with regulatory frameworks and capital/margin rules applicable to risk management.
• Proficiency in Python and SQL preferred.

Responsibilities

• Serve as a primary point of contact for clients, discussing onboarding, risk reviews, and ongoing risk topics.
• Monitor intraday and end-of-day risk exposures and margin requirements across client portfolios.
• Track global markets through OMS and risk systems, escalating material issues to senior management.
• Develop and maintain robust margin, risk, and stress-testing methodologies.
• Generate and automate ad-hoc reporting to highlight risk factors and portfolio exposures.
• Communicate critical risk observations with senior risk management and external clients.
• Support initiatives related to development and enhancement of risk and margin platforms.
• Collaborate with technology and product teams to improve risk infrastructure and margin capabilities.

Skills

Risk Management

Trading Risk

Equities

Fixed Income

Python

SQL

Client Communication

Project Management

Regulatory Knowledge

Bloomberg

Risk Frameworks

Education

Bachelor’s degree in Finance or related

Master’s degree preferred

Tools

Bloomberg

ICE

FactSet

Risk Systems

Job description

Clear Street is modernising 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. Clear Street’s proprietary prime brokerage platform adds significant efficiency to the market, while focusing on minimising risk, redundancy, and cost for clients. Our goal is to create a single source-of-truth platform for every asset class, in every country, and in any currency. 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.

Clear Street’s mission is to become a single-source platform that serves a variety of investor types across multiple asset classes on a global scale. The Clear Street UK team is bringing Clear Street’s established equities, options and fixed-income prime brokerage business to a new market.

The Role

Your team will own risk across Clear Street's business lines, playing a crucial role in the success of our growing business. As a PB Risk Manager, you will contribute to successfully creating, evolving, and executing risk frameworks and best practices. This is an impactful position that provides the opportunity to expand both your quantitative and client facing skill-sets. You will cover global markets, across multi assets portfolios.

Responsibilities

• Serve as a primary point of contact for clients, engaging in active discussions around portfolio onboarding, risk reviews, and ongoing risk management topics.
• Monitor intraday and end-of-day risk exposures and margin requirements across client portfolios.
• Track global markets through OMS and risk systems, escalating material issues to senior management as needed.
• Develop and maintain robust margin, risk, and stress-testing methodologies.
• Generate and automate ad-hoc reporting to highlight key risk factors and portfolio exposures.
• Communicate critical risk observations with both senior risk management and external clients.
• Support ongoing initiatives related to the development and enhancement of the firm’s risk and margin platforms.
• Collaborate with internal stakeholders, including technology and product teams, to improve risk management infrastructure and margin capabilities.

Skills required

• At least 5 years of professional experience in prime brokerage risk, trading risk, or related roles covering equities and fixed income, either on the sell-side or buy-side.
• Should have a minimum of 8 years of overall professional experience in financial services
• Bachelor’s degree in Finance, Economics, Mathematics, or Financial Engineering required; Master’s degree preferred.
• Solid understanding of equity and fixed income products, including fundamental options pricing and associated risk measures.
• Familiarity with regulatory frameworks and capital/margin rules applicable to risk management.
• Proficiency in Python and SQL preferred.
• Strong communication skills, with the ability to engage confidently with clients and regulators.
• Proactive, collaborative, and a strong team player with a high sense of ownership.
• Demonstrated project management experience and the ability to work closely with engineering and cross-functional teams.
• Analytical and detail-oriented, with strong quantitative aptitude.
• Experience in risk policy development and implementation.
• Familiarity with industry-standard tools such as Bloomberg, ICE, FactSet, etc.

We Offer

• competitive compensation packages
• company equity
• pension
• gender neutral parental leave
• full medical and dental insurance

Our belief has always been that we are better as a business when we are all together in person. As such, we are requiring employees to be in the office a minimum of three days per week.

We’re continuously investing in a culture that promotes collaboration. We help each other through challenges and celebrate each other's successes. We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse in ideas, cultures and experiences. We put in the effort to make such a workplace a daily reality and are proud to be an equal opportunity employer.