Similar Jobs at Apex Fintech Solutions
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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 Associate Risk Analyst will support Senior Risk Analysts with active monitoring of complex client portfolios (including margin and options), credit analysis, reporting, and risk platform initiatives. Works cross-functionally with Risk, Operations, Stock Loan, and Treasury to deliver timely, policy-compliant credit decisions and client support.
Duties/Responsibilities
- Run daily exposure, margin, and concentration checks across asset classes; flag exceptions to senior analysts.
- Prepare pre-trade and post-trade risk snapshots for leveraged and options strategies.
- Gather financials, market data, and counterparty information for credit memos and due diligence files.
- Draft sections of credit write-ups (business overview, financial trends, covenant/limit tracking) for review.
- Assist with updates to internal risk ratings and credit limits under supervision.
- Produce and distribute daily, weekly, and monthly risk reports; ensure data accuracy and timeliness.
- Build/maintain dashboards (e.g., exposures, VaR summaries, margin calls, limit utilizations).
- Triage and respond to client queries related to margin financing, documentation status, and risk metrics; escalate complex issues.
- Coordinate with Operations/Stock Loan/Treasury on collateral, settlements, and stock borrow availability.
- Contribute to development and UAT of risk tools and reports; document SOPs and change logs.
- Support operational risk tasks (issue logging, control checks, reconciliations) as needed.
- Compute and sanity-check basic metrics (e.g., option Greeks awareness—gamma vs. price moves; simple VaR estimations using approved methods).
- Perform data pulls via SQL/Access and advanced Excel for ad hoc analysis.
Education and/or Experience
Bachelor's degree in Finance, Economics, Business Administration, or a related field or equivalent experience required
0-2 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 within 6 months)
Required Skills/Abilities
Strong Excel/Sheets (lookups, pivots, basic modeling); comfort with Access and SQL for queries.
Clear written and verbal communication; organized, detail-oriented; able to follow SOPs and meet deadlines.
Basic understanding of options (including gamma’s relationship to price movements) and margin mechanics.
Familiarity with Value at Risk concepts and how VaR is computed at a high level.
Exposure to R or Python for data manipulation and simple analytics.
Familiarity with AI/ML concepts or tools for data quality, anomaly detection, or workflow automation.
Experience with BI tools (Power BI/Tableau) and ticketing/project tools (Jira/Asana).
Work Environment
This job operates in a hybrid, office environment 3 days per week.
#magins & risk #entry level #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
$55,200-$69,000The 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.
Apex Fintech Solutions Chicago, Illinois, USA Office
141 W Jackson Blvd, Chicago, IL, United States, 60604
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