Manager, Trading Credit Risk (Margin & Options)

We need to output HTML fragment with sections: About the role? Actually the posting includes "About Altruist" then "The opportunity", "What you’ll do", "What you bring", "What we bring". We need to use

for section headings: e.g., About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We must not repeat job title as heading. We need to map content to appropriate sections. We need to include sections only when posting has real specific content. So we need to decide which sections apply. We have: - About Altruist: description of company. Could map to "About the role"? Actually "About the role" is typical heading for role description. But we have "About Altruist" which is company overview. Could we put under "About the role"? Might be okay but better to have "About the role" for role description. However we have "The opportunity" which describes role. Could map that to "About the role". Or we could have "About the role" with content from "The opportunity". The "About Altruist" could be omitted? The instruction: preserve ALL substantive information; do not invent or summarize away detail. So we need to keep company description too. Perhaps we can have a section "About the company" but not in allowed headings list. The allowed headings list includes only those specific ones: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We must use those headings only. So we need to fit content into those categories. We can treat "About Altruist" as part of "About the role"? Might be okay but it's not exactly role. However we can include it under "About the role" as introductory paragraph. Then "What you’ll do" is responsibilities. So we map to

Responsibilities

with list of duties. "What you bring" includes experience, expertise, technical & regulatory fluency, licensing, skills & mindset. That maps to Requirements, Qualifications, Skills perhaps. We need to decide. We have sections: Requirements, Qualifications, Skills. Could split: Requirements (experience & expertise), Qualifications (licensing), Skills (skills & mindset). Or combine. We also have "What we bring" which includes benefits, hybrid work schedule, office spaces, competitive pay, premium healthcare, 401k, parental leave, growth opportunities, perks program, financial guidance, work from anywhere policy. This maps to Benefits, Pay, Schedule perhaps. We need to include Pay and Schedule only if posting actually states them. It says "Competitive pay." and "For salaried positions, a salary offer will be determined by a number of factors...". That's mention of pay but not specific numbers. The instruction: never emit a heading followed by filler/placeholder text (e.g., "commensurate with experience", "not specified", "N/A", "varies", "TBD") and never create Pay/Schedule/Benefits sections unless the posting actually states them. It does state "Competitive pay." and mentions salary determined by factors. That is somewhat vague but still states pay exists. It's not a specific number but it's stating that pay is competitive and determined by factors. Is that considered filler? It's not "commensurate with experience" exactly but similar. The instruction says avoid filler like "commensurate with experience". "Competitive pay" could be considered filler. However they said "never create Pay/Schedule/Benefits sections unless the posting actually states them." It does state "Competitive pay." So we could include Pay section with that sentence. But we need to avoid filler like "commensurate with experience". "Competitive pay" is somewhat generic but still a statement. I'd include it. Schedule: "A hybrid work schedule for most positions to promote strong, in-person collaboration." Also "One month work from anywhere policy". So we have schedule info. So we can include Schedule section. Benefits: many details: premium healthcare, dental, vision, 401k match, parental leave, professional growth, perks program, financial guidance program, etc. So Benefits section. Now we need to output HTML fragment with

headings and

• for any list of duties/requirements/benefits, and

  for prose. We need to preserve all substantive information, not invent or summarize away detail. So we need to keep details but can format as lists. We must not include boilerplate like EEO etc. Not present. We need to avoid repeating job title as heading. Not needed. We need to not put Job ID/requisition numbers as headings. Not present. Now craft sections: - About the role: combine "About Altruist" and "The opportunity". Provide prose. - Responsibilities: list from "What you’ll do". Could be bullet list. - Requirements: maybe "Experience & Expertise" and "Technical & Regulatory Fluency" and "Licensing". Could be list. - Qualifications: maybe not needed separate; but we have "Skills & Mindset". Could be Skills. We have three allowed headings after About the role: Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We need to decide which to use. We could map: - Requirements: Experience & Expertise + Technical & Regulatory Fluency + Licensing (maybe as list). - Skills: Skills & Mindset. - Qualifications: maybe not needed; but we could omit Qualifications section if no specific content distinct from Requirements/Skills. The instruction: include a section ONLY when the posting has real, specific content for it — never emit a heading followed by filler/placeholder text. So if we don't have distinct qualifications, we omit Qualifications. Thus sections: About the role, Responsibilities, Requirements, Skills, Benefits, Pay, Schedule. Now we need to format lists. Let's extract details. About Altruist paragraph: "Altruist is transforming the multi-trillion dollar wealth management industry by building an AI platform for wealth professionals. We partner with financial advisors nationwide, empowering them to grow, optimize time and resources, and deliver superior outcomes for their clients. We're looking for exceptional talent to help us achieve our mission of making financial advice better, more affordable, and accessible to all. If you're passionate about challenging the status quo and want to do the most important work of your life, we'd love to meet you!" The opportunity paragraph: "Altruist is launching and scaling Margin and Options, two of the most risk-intensive capabilities at a modern custodian. We're hiring a Manager, Trading Credit Risk (Margin & Options) to own the credit and market risk framework that keeps these products safe: house margin requirements, stress testing, concentration and liquidity surveillance, and the escalation decisions that protect clients and the firm. This role sits within the Trading & Brokerage Operations organization and reports to [reporting manager]. It is an individual contributor role, not a people leadership role. You will own the credit risk function end to end, write the playbook, and set the standard that a future team will run. It is built for someone who aspires to lead and wants to earn that seat by building the function first. If you want to own the risk framework behind margin and options at a fast-growing custodian, with a clear path toward leadership, this role offers meaningful scope." We can combine into About the role prose. Now Responsibilities: list items from "What you’ll do". Let's extract bullet points: - Own daily credit risk surveillance across margin accounts using Stream Credit Monitor (SCM) and Sterling Risk Monitor (SRM) - Design, calibrate, and maintain house margin requirements, including security-level and account-level add-ons - Monitor concentration, liquidity, and volatility risk and run stress scenarios on the book - Set and maintain collateral treatment across security types, including haircuts, liquidity tiers, and concentration limits for fixed income positions held as margin collateral - Approve margin requirement changes, extensions of time, and exception cases, and own the rationale behind each decision - Review debit balance trends and escalate accounts approaching liquidation thresholds - Direct the Trade Desk on liquidation decisions, sequencing, and timing when accounts must be brought back into compliance - Own expiration-day and in-the-money (ITM) risk reviews, including assignment and exercise exposure - Review and drive resolution of uncovered or at-risk options positions - Monitor OCC margin outputs (STANS), spread files, and specific deposits, partnering with Operations on mitigation - Assess the risk impact of proposed options level expansions and new strategies - Ensure the risk framework complies with Regulation T, FINRA Rule 4210 (margin requirements), and FINRA Rule 2360 (options) - Define and monitor key risk indicators (KRIs) and produce recurring risk reporting for leadership - Lead root-cause analysis on credit events, near-misses, and control failures, and drive remediation - Maintain documentation and evidence supporting risk decisions for audits, exams, and regulatory reviews - Partner with Product and Engineering to embed risk controls, alerts, and automation into the platform from day one - Reduce manual surveillance through better tooling, and identify where AI can improve exception triage, stress analysis, and risk documentation - Support product launches and future expansions, including higher options levels and expanded margin use cases That's a lot; we can keep as list. Now Requirements: from "What you bring" sections: Experience & Expertise, Technical & Regulatory Fluency, Licensing. Experience & Expertise bullet points: - 5+ years of experience in credit risk, margin risk, or market risk at a broker-dealer, clearing firm, or custodian - Hands-on experience with margin methodologies, house requirements, stress testing, and concentration analysis - Strong working knowledge of options risk, including assignment/exercise exposure, expiration risk, and strategy-based margin - Demonstrated experience making and defending time-sensitive risk decisions Technical & Regulatory Fluency: - Strong knowledge of Regulation T, FINRA Rule 4210, and FINRA Rule 2360 - Experience with platforms such as FIS Phase 3, Stream Credit Monitor (SCM), Sterling Risk Monitor (SRM), and OCC tools (ENCORE, STANS outputs) - Strong analytical skills; advanced Excel required and SQL or Python a plus - Strong documentation and audit readiness discipline Licensing: - FINRA Series 7 and Series 63 required - Series 4 (Registered Options Principal) required, or must be obtained within 90 days of employment - Series 57 a plus, or willingness to obtain - Series 24 a plus, and a natural next step given the leadership trajectory of this role We can combine into a list under Requirements. Now Skills: from "Skills & Mindset": - High ownership mentality: you treat the risk framework as yours to build, run, and defend - Aspires to people leadership and demonstrates it now through mentoring, documentation, and raising the bar for others - Genuinely curious about AI: you actively experiment with AI tools to triage exceptions, analyze risk data, draft documentation, and automate repetitive surveillance, and you want to help define how AI is used in credit risk - Calm, decisive judgment under pressure, especially during volatility and expiration events - Clear communicator who can explain complex risk concepts to Trading, Compliance, Product, and advisors - Comfortable building structure in ambiguity as products launch and scale We can list. Now Benefits: from "What we bring": - A hybrid work schedule for most positions to promote strong, in-person collaboration. - Stunning, amenity-filled office spaces in Culver City, CA, San Francisco, CA, and Dallas, TX. Our offices are intentionally designed for comfort, collaboration, and productivity. - Competitive pay. - Premium healthcare, dental, and vision insurance plans (HMO and PPO). - 401k savings plan with a 4% match and immediate vesting. - 16 week paid parental leave. - Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee. - Company perks program (includes discounts on pet insurance, fitness, cell phone plans,