Topstep · 1 week ago
Manager of Risk - Brokerage
United States
Full-time
Remote
Mid, Senior Level
$100K/yr - $115K/yrTopstep is seeking a Manager of Brokerage Risk to lead their Brokerage Risk team, ensuring safe and compliant trading operations. This role involves overseeing daily operations, mentoring team members, and maintaining rigorous risk controls while fostering customer relationships and supporting system integrity.
ConsultingEducationFinancial ServicesStock ExchangesTrading Platform
No H1B
Responsibilities
Oversee daily operations of the Brokerage Risk team, including brokerage account monitoring, margin enforcement, and liquidation supervision
Provide guidance, mentorship, and performance management to Brokerage Risk Analysts, ensuring team adherence to policies and regulatory standards
Supervise Brokerage customer activity for compliance with trading rules
Exercise sound judgment in adjusting risk parameters and making discretionary risk decisions
Develop and maintain relationships with brokerage and clearing partners to support smooth trading operations
Enforce trading rules, including prohibited conduct and gamification prevention
Monitor market conditions and account activity, communicating insights to leadership and recommending risk adjustments as needed
Support system integrity by ensuring all trading and risk monitoring systems operate effectively
Oversee maintenance and improvement of in-house risk tools and reporting dashboards
Compile and analyze data to support business decisions and identify trends or emerging risks
Ownership of CFTC/NFA Risk audit readiness
Ensure the Brokerage Risk team maintains audit-ready documentation and complies with applicable CFTC and NFA standards
Ownership of logging/monitoring standards, override controls, periodic control testing, incident post-mortems with documented mitigations, and change-management sign-offs
Qualification
Required
Bachelor's degree, preferably in a related or equivalent field
Advanced Excel Skills
Experience working with professional financial institutions
Experience in the trading industry - futures markets preferred
Strong sense of accountability, integrity, and ethics
Excellent interpersonal skills: in person, on the phone, and via email
Strong attention to detail
Preferred
Background in FCM or proprietary trading firm risk management
Familiarity with risk monitoring platforms (T4, CQG, TT, or similar)
Series 3 license (or willingness to obtain)
Experience leading system modernization or automation initiatives within a risk function
Benefits
10 Company paid Holidays and generous Family Leave.
Paid time off is accrued monthly.
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.
Company
Topstep
Topstep is a financial organization that enables resource traders to develop and learn in the trading industry.
Founded in 2012
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Michael Patak
Founder & CEO
Recent News
2026-01-13
2026-01-12
Company data provided by crunchbase