Lead Risk Analyst

APEX Fintech Services•Chicago, IL

1d•Hybrid

About The Position

Apex Fintech Solutions is seeking a Lead Risk Analyst – Multi-Asset to join our Risk team. This is a senior, hands-on role for someone with deep expertise across asset classes — complex options, portfolio margin, futures, crypto, and FX — and an understanding of how those assets interact. The Risk team has evolved from manual, reactive processing toward proactive, automated risk management on Apex's Ascend platform, and this role sits at the center of that shift: managing risk on the firm's most complex accounts, shaping how new risk capabilities are built into Ascend, and serving as a subject matter expert as we onboard and convert multi-asset correspondent firms. The Lead Risk Analyst will collaborate extensively with Product, Technology, Operations, and Compliance, and act as a knowledge anchor for the broader Risk team.

Requirements

Bachelor's degree in Finance, Economics, or a related field, or equivalent experience
8+ years of experience at a broker-dealer or FCM supporting margin, futures, options, crypto, and/or FX trading, including hands-on margin or market risk management experience
Direct experience calculating and analyzing margin requirements across equities, options, futures, and options on futures (Reg T, Portfolio Margin, SPAN/SPAN2)
Experience operating, testing, or developing manual and automated liquidation processes
Series 7, Series 3, Series 34 required

Nice To Haves

Series 63 and/or 24 a plus
Experience with SPAN2 implementation or migration
Proficiency in Python, SQL, and Excel/VBA for risk automation and analysis
Experience supporting sophisticated active traders and correspondent or multi-firm environments

Responsibilities

Monitor and manage margin and market risk across equities, complex options, futures, crypto, FX, and portfolio margin accounts, including the firm's largest and most complex exposures.
Serve as the team's authority on SPAN/SPAN2 and TIMS/portfolio margin — able to deconstruct, validate, and explain risk arrays and margin calculations to internal and external stakeholders.
Own the risk perspective on automated liquidation — test and refine liquidation logic, and personally manage liquidations on complex accounts when required.
Test product rollouts and contribute to feature scoping in Ascend for complex options, portfolio margin, futures, and autoliquidation; translate risk and regulatory requirements into functional specifications alongside Product and Technology.
Identify emerging issues early and drive root-cause resolution with Product and Technology, rather than remediating after the fact; remain ready to lead the response during market stress events.
Continuously improve and automate risk processes, reducing manual effort and error while maintaining operational coverage.
Mentor Risk Analysts, document institutional knowledge, and build the department's bench in futures, FX, and portfolio margin.