Financial Risk Manager

This is a fully remote position, open to applicants in United States.

📋 Description

• Develop and manage daily liquidity reporting across various products and legal entities.

• Create and optimize data pipelines that integrate Treasury, Finance, Operations, and clearing/settlement systems.

• Oversee broker-dealer liquidity reporting in accordance with SEC Rules 15c3-1 and 15c3-3, as well as related FINRA/SEC obligations.

• Streamline reporting workflows through automation using SQL, Python, and Business Intelligence platforms.

• Establish and uphold real-time and intraday liquidity monitoring capabilities.

• Define intraday liquidity metrics, limits, and early warning signals; analyze breaches and prepare escalation documents.

• Provide timely liquidity analysis to support same-day funding and treasury operations decisions.

• Create and execute intraday stress testing for market fluctuations, margin calls, settlement interruptions, and spikes in customer activity.

• Develop a long-term stress testing program, which includes scenario design, assumptions, model execution, and results reporting.

• Formulate and revise market-wide and tail-risk stress scenarios over various time frames.

• Engage in integrated stress testing exercises with Market Risk, Credit Risk, and Operational Risk teams.

• Construct and maintain Monte Carlo simulation models; calibrate inputs and ensure output validity.

• Design alert systems for limit violations, declining liquidity metrics, and breaches of stress-test thresholds.

• Establish a control framework for liquidity risk governance, including escalation procedures, documentation standards, and audit trails.

• Prepare analyses and documentation for regulatory reviews, internal audits, and management reports.

• Offer liquidity risk insights for New Product Approval processes.

• Collaborate with Engineering, Product, and Operations teams to stress-test margin engines, settlement workflows, and treasury systems.

• Contribute to Enterprise Risk Management deliverables, including the Risk Register and Key Risk Indicators.

• Document policies, procedures, and methodologies as the Treasury function expands.

• Keep track of regulatory changes, industry stress events, and emerging liquidity risks in fintech and digital asset markets.

⛳️ Requirements

• 2-4 years of experience in liquidity risk, treasury, financial risk, middle office, or balance sheet analytics within a broker-dealer, bank, or fintech setting.

• Strong understanding of broker-dealer liquidity and capital mandates, including SEC Rules 15c3-1 and 15c3-3.

• Practical experience in building or supporting liquidity reporting, data pipelines, and stress testing initiatives.

• Familiarity with intraday liquidity monitoring, stress testing, or real-time risk reporting.

• Knowledge of Monte Carlo simulation methods or probabilistic risk modeling.

• Understanding of Treasury operations, cash management, and funding processes in a regulated environment.

• Working knowledge of risk governance principles and the interplay between Treasury and Risk functions in a broker-dealer context.

• Proficiency in SQL and Python (or similar languages) for data analysis, pipeline creation, reporting automation, and handling large datasets.

• Exceptional attention to detail and ability to deliver clear, structured analyses for senior stakeholders.

• Comfortable collaborating cross-functionally in a dynamic, remote-first startup environment.

• Nice-to-have: experience at a self-clearing broker-dealer or a carrying/clearing firm.

• Nice-to-have: experience in developing alerting, monitoring, or control frameworks from the ground up.

• Nice-to-have: exposure to SPAN, TIMS, or margin methodologies and their implications for liquidity.

• Nice-to-have: familiarity with liquidity risk in the crypto/digital asset space or 24/5 trading environments.

• Nice-to-have: experience assisting with SEC/FINRA examinations or internal audit inquiries.

• Nice-to-have: understanding of international regulatory frameworks relevant to Alpaca's global subsidiaries.

• Nice-to-have: FRM, CFA, or a similar certification (or currently pursuing).

• Nice-to-have: previous experience in a high-growth fintech where processes and frameworks are still under development.

🏝️ Benefits

• Competitive Salary & Stock Options

• Health Benefits

• New Hire Home-Office Setup: One-time USD $500

• Monthly Stipend: USD $150 per month via a Brex Card