Prime Brokerage Risk Manager

Clear Street; Greater London; Hybrid; GBP 90,000 - 140,000; Full time

Benefits offered by this job

Equity

Pension

Medical insurance

Dental insurance

Parental leave

Office three days per week

Job summary

Clear Street is expanding its UK team to manage risk across prime brokerage business for equities, options, and fixed income. The PB Risk Manager will help create, evolve, and execute risk frameworks while expanding both quantitative and client-facing skills across global markets.

The role covers intraday and end-of-day risk, margin calculations, and stress testing; collaboration with technology and product teams will be essential to enhance risk platforms and reporting capabilities.

Qualifications

• Bachelor's degree required in finance/economics/math/FE.
• Master's degree preferred for advanced roles.
• Strong knowledge of equity and fixed income products and risk measures.
• Regulatory frameworks and capital/margin rules familiarity.

Responsibilities

• Serve as primary client contact on onboarding, risk reviews, and risk topics.
• Monitor intraday and end-of-day risk exposures and margin requirements.
• Track markets in OMS and risk systems; escalate material issues to senior mgmt.
• Develop and maintain margin, risk, and stress-testing methodologies.
• Generate and automate ad-hoc risk reports highlighting exposures.
• Communicate critical risk observations to risk management and clients.
• Support development of risk and margin platforms and enhancements.
• Collaborate with tech and product teams to improve risk infrastructure.

Skills

Python

SQL

Risk analytics

Client engagement

Attention to detail

Education

Bachelor's degree in Finance, Economics, Mathematics, or Financial Engineering

Master's degree preferred

Tools

Bloomberg

ICE

FactSet

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.

Benefits

At Clear Street, we offer competitive compensation packages, company equity, pension, gender neutral parental leave, and 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.

Our top priority is our people. 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.