Risk Analyst

WHO WE ARE

Apex Fintech Solutions (AFS) powers innovation and the future of digital wealth management by processing millions of transactions daily, to simplify, automate, and facilitate access to financial markets for all. Our robust suite of fintech solutions enables us to support clients such as Stash, Betterment, SoFi, and Webull, and more than 20 million of our clients' customers. 

Collectively, AFS creates an environment in which companies with the biggest ideas in fintech are empowered to change the world. As a global organization, we have offices in Austin, Dallas, Chicago, New York, Portland, Belfast, and Manila.

If you are seeking a fast-paced and entrepreneurial environment where you'll have the opportunity to make an immediate impact, and you have the guts to change everything, this is the place for you. 

AFS has received a number of prestigious industry awards, including:

• 2021, 2020, 2019, and 2018 Best Wealth Management Company - presented by Fintech Breakthrough Awards

• 2021 Most Innovative Companies - presented by Fast Company

• 2021 Best API & Best Trading Technology - presented by Global Fintech Awards

ABOUT THIS ROLE

The Risk Analyst will work on complex portfolios which include margin and options requirements (complex strategies) of clients via active monitoring, including changes in credit profile and risk credit limits. You will work closely with various departments to ensure that all risk management processes are in place and adhered to, supporting the overall stability and integrity of our services/portfolios.

Duties/Responsibilities

• Establish appropriate internal risk ratings and credit limits for clients and implement accurate adjustments due to changes in credit outlook as well as the firm's desired exposure levels

• Assess the creditworthiness, including due diligence of borrowers and/or trading counterparties and authoring credit analysis

• Assess and structure complex transactions and work on credit documentation to mitigate risk appropriately

• Coordinate closely with the Risk, Operation, Stock Loan, and Treasury departments to provide high quality and timely credit decisions while observing compliance with established credit policies and guidelines

• Complete the daily assessment of portfolio risk across a substantial client base and across a wide range of asset classes

• Develop risk offerings/platforms and other risk initiatives

• Provision risk management solutions to clients in relation to margin financing and leveraged trading

• Assist with the development of internal and external reporting with a focus on the client and relevant risk information

• Address client specific queries on a daily basis

• Participate in other general firm risk assessments as needed inclusive of operational risk assessments

Education and/or Experience

• Bachelor's degree in Finance, Economics, Business Administration, or a related field or equivalent experience required

• 2+ years of experience in risk analysis, preferably within the financial services industry or at a correspondent clearing/broker-dealer firm

• FINRA Series 7 License required (or willingness to obtain)

Required Skills/Abilities

• Knowledge of quantitative analytics and statistical modeling

• Understanding of value at risk and computational methods

• Understanding of gamma in relationship to price movements of an option

• Strong written and verbal communication skills

• Proficiency in Microsoft Office 365

• Proficiency in SQL to analyze and manage large datasets, preferred

• Knowledge of R or Python, preferred

• Familiarity with Artificial Intelligence 

Work Environment

• This job operates in a hybrid, office environment 3 days per week.

#magins & risk #associate #full-time #LI-MJ1 #APEX

​Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Our Rewards

We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental and vision, EAP), competitive PTO, 401k match, parental leave, and HSA contribution match. We also provide our employees with a paid subscription to the Calm app and offer generous external learning and tuition reimbursement benefits. At AFS , we offer a hybrid work schedule for most roles that allows employees to have the flexibility of working from home and one of our primary offices.

Salary Range

The annual base salary range for this position is noted above. Exact compensation offered may vary depending on job-related knowledge, skills, experience, and office location.

EEO Statement

Apex Fintech Solutions is an equal opportunity employer that does not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.

Disability Statement

Apex Fintech Solutions is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process, please submit your request via the Candidate Accommodation Requests Form. We will work with you to provide the necessary accommodations to ensure your full participation in our hiring process.