Risk Analyst-Overnight Shift

Topstep

11h • $36 - $38 • Hybrid

About The Position

The Risk Analyst (3rd Shift) plays a critical role in protecting firm and client capital by monitoring real-time trading activity, enforcing margin and liquidation policies, and ensuring adherence to applicable exchange, NFA, and CFTC standards. The analyst works closely with trading, risk, and compliance teams to maintain accurate visibility of account exposure and support sound operational decision-making.
Expected Shift: 1:00 A.M. - 9:00 A.M. CST

Requirements

• 2–4 years’ experience in risk, brokerage operations, or trade supervision (futures, FX, or equities).
• Knowledge of CFTC / NFA margin and recordkeeping rules.
• Familiarity with risk platforms (e.g., T4, CQG, TT, or similar).
• Strong Excel and analytical skills; able to reconcile large data sets accurately.
• Calm decision-making and judgment under pressure.
• Excellent written and verbal documentation habits.
• Series 3 license or willingness to obtain.

Nice To Haves

• Experience with FCM risk or trade surveillance systems.
• Familiarity with SQL or visualization tools (Power BI, Tableau).
• Prior exposure to automated risk alerting or incident-tracking systems (e.g., Jira, Slack workflows).

Responsibilities

• Monitor all live trading accounts for margin sufficiency, exposure limits, and concentration risk.
• Enforce liquidation policies; confirm that auto-liquidation triggers are executed correctly.
• Validate risk alerts and escalation flows to the Desk and Risk Manager.
• Perform T+1 reconciliation of margin balances, trade data, and liquidation results between IB and FCM systems.
• Record exceptions, manual actions, and margin events in risk logs for audit traceability.
• Maintain all risk data and communications per CFTC Rule 1.31 and NFA supervisory requirements.
• Ensure that liquidation records, margin calls, and alerts are archived via Global Relay and internal S3 storage.
• Assist with internal and external audit requests.
• Partner with the Trade Desk to verify liquidations and resolve margin alerts.
• Coordinate with Engineering and Compliance on system anomalies or risk alerts.
• Work with Back Office to confirm debit reconciliations and promotional-credit validations.
• Generate daily risk reports and exposure metrics for leadership review.
• Contribute to the development of automated dashboards and KPIs.
• Support cross-department initiatives for risk automation.

Benefits

• Topstep is an engaging working environment which ranges from fully remote to hybrid. We foster a culture of collaboration with cameras on during meetings and a robust Slack environment for communication.
• Seven Company-paid Holidays and generous Family Leave. Paid time off is front-loaded.
• Competitive 401(k) matching, health, dental, and vision insurance is offered for full time employees
• Vacations are encouraged with a bonus for taking 5 consecutive days. Employee referrals are bonused. Topstep offers a food and groceries budget and contributes towards health and wellness.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 51-100 employees