Apex Fintech Solutions · 14 hours ago
Associate Risk Analyst
Chicago, IL
Full-time
Hybrid
New Grad, Entry Level
$55K/yr - $69K/yr
0+ years expApex Fintech Solutions is a company focused on innovation in digital wealth management, providing tech-forward solutions for financial markets. The Associate Risk Analyst will support Senior Risk Analysts in monitoring client portfolios, conducting credit analysis, and ensuring compliance with risk policies.
Financial Services
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
Qualification
Required
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)
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)
Benefits
Healthcare benefits (medical, dental and vision, EAP)
Competitive PTO
401k match
Parental leave
HSA contribution match
Paid subscription to the Calm app
Generous external learning and tuition reimbursement benefits
Hybrid work schedule
Company
Apex Fintech Solutions
Apex Fintech Solutions provides the tools and services that enable hundreds of clients to launch, scale, and support digital investing for tens of millions of end investors.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Andrew Lientz (he/him)
Chief Technology Officer
Frank Tiemann
CTO
Recent News
Dallas Innovates
2024-04-14
Company data provided by crunchbase