Market & Clearing Risk Analyst – OCC & Stock Loan

About the Firm

We are a self-clearing broker-dealer supporting a wide range of trading activity across equities and listed options. As a self-clearing firm, we manage our own market, clearing, and capital exposure daily. We are seeking a Market & Clearing Risk Analyst – OCC & Stock Loan to independently monitor daily exposures, perform forward risk projections, and support hedging strategies related to stock loan and securities lending activity.

This role is hands-on, high-visibility, and well suited for candidates with direct OCC risk, exposure monitoring, forward projection, or stock loan hedging experience—including junior to mid-level profiles.

Role Overview

The Market & Clearing Risk Analyst – OCC & Stock Loan will be responsible for monitoring the firm’s daily exposures with the Options Clearing Corporation (OCC), performing forward-looking risk projections, and managing or recommending hedging strategies for stock loan and securities lending positions. The role works closely with Trading, Finance, Operations, and senior leadership and is critical to maintaining the firm’s market, clearing, and securities lending risk posture.

This is an individual contributor role with the potential for added responsibility and title growth over time.

Key Responsibilities

• Monitor daily OCC exposures, including margin requirements, position concentrations, and intraday movements.
• Perform forward-looking exposure projections—including scenario analysis, stress testing, and potential future exposure (PFE).
• Conduct daily market risk calculations including Greeks, scenario testing, option sensitivities, and position-level impact.
• Manage or recommend hedging strategies for stock loan and securities lending exposures.
• Prepare projections for margin calls, excess capital usage, liquidity needs, and stock loan risk based on daily and forward settlement cycles.
• Evaluate how market moves impact OCC margin, clearing capital, stock loan exposure, and overall portfolio risk.
• Support the development or enhancement of OCC, market risk, and stock loan reporting tools, spreadsheets, and dashboards.
• Assist with daily communication to senior management regarding risk exposure changes, forward projections, and hedging strategies.
• Partner with Trading to analyze position changes and understand the risk implications of specific strategies.
• Coordinate with Operations and Finance on margin calls, collateral movements, stock loan settlements, and capital planning.
• Ensure compliance with all relevant risk standards and regulatory requirements (SEC, FINRA, OCC).

Qualifications

• 1–8 years of experience in OCC risk, clearing risk, stock loan / securities lending hedging, exposure monitoring, or similar risk functions within a broker-dealer, prop firm, clearing firm, or options market maker.
• Understanding of OCC margin methodologies (e.g., STANS) is highly preferred.
• Hands-on experience with risk projections, forward exposure modeling, or daily intraday risk.
• Direct experience with stock loan hedging / securities lending risk management strongly preferred.
• Strong knowledge of listed options, derivatives, Greeks, and market risk concepts.
• Advanced Excel skills; Python, SQL, or risk system experience a plus.
• Strong analytical mindset with the ability to interpret and communicate complex exposure and hedging data.
• Ability to work independently in a time-sensitive, high-volume environment.

What We Offer

• Competitive compensation: $150,000 – $210,000, depending on years of experience.
• High exposure to senior leadership in a self-clearing trading environment.
• Ability to own key components of OCC, market, and stock loan risk processes from day one.
• Room for growth, title progression, and expanded responsibilities.
• Full benefits and advancement potential.