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Topstep · 2 days ago

Manager of Risk

United States

Full-time

Remote

Mid, Senior Level

$100K/yr - $115K/yr

Topstep is a company focused on trading operations, and they are seeking a Manager of Risk to oversee the Risk team and ensure compliance with regulatory standards. This leadership role involves hands-on risk management, team mentorship, and strategic oversight of trading operations.

ConsultingEducationFinancial ServicesStock ExchangesTrading Platform

Growth Opportunities

No H1B

Responsibilities

Oversee daily operations of the Risk team, including account monitoring, margin enforcement, and liquidation supervision

Provide guidance, mentorship, and performance management to Risk Analysts, ensuring team adherence to policies and regulatory standards

Supervise customer activity for compliance with trading rules

Exercise sound judgment in adjusting risk parameters and making discretionary risk decisions

Develop and maintain relationships with brokerage and clearing partners to support smooth trading operations

Enforce trading rules, including prohibited conduct and gamification prevention

Monitor market conditions and account activity, communicating insights to leadership and recommending risk adjustments as needed

Support system integrity by ensuring all trading and risk monitoring systems operate effectively

Oversee maintenance and improvement of in-house risk tools and reporting dashboards

Compile and analyze data to support business decisions and identify trends or emerging risks

Ensure the team maintains audit-ready documentation and complies with applicable CFTC and NFA standards

Qualification

Futures trading knowledgeRisk management experienceAdvanced Excel skillsRisk monitoring platformsLeadership skillsAccountabilitySystem modernization experienceSeries 3 licenseInterpersonal skillsAttention to detailIntegrityCommunication skillsTeam management