Velox Clearing · 11 hours ago
Clearing Risk Management Associate
Miami, FL
Full-time
Onsite
Mid Level
3+ years expVelox Clearing is a technology-forward clearing and prime brokerage firm based in Miami, focusing on innovative solutions for financial services. The Clearing Risk Management Associate will oversee trading risk for options and equities clearing, collaborating with tech teams to ensure compliance and mitigate risks across various portfolios.
Financial Services
Hiring Manager
Oleksandra Domaskina
Responsibilities
Partner with technology team to ensure OMS fully complies with pre-trade risk controls, including real-time validation of position limits, exposure thresholds, and trade surveillance controls
Implement and monitor pre-trade risk controls, including position limits, order exposure thresholds, and rejection logic for both options (0DTE strategies) and equities to prevent excessive risk accumulation
Manage volatility risk modeling, adjusting exposure limits dynamically and scenario analysis for options portfolios
Administer margin management protocols: Calculate initial, variation, and stress margins using SPAN/TIMES models; issue intraday calls
Conduct real-time risk monitoring via dashboards tracking VAR levels, Greeks (delta, gamma, vega), liquidity, and net capital usage; escalate breaches with automated alerts
Handle options-specific risks: Mitigate 0-day options (0DTE) gamma scalping exposures, assignment risk through early exercise monitoring, and expiration management
Assist best execution analysis: Gather and preprocess data on order fills (price improvement, speed, size), routing decisions, and venue performance metrics to support quarterly SEC Rule 605
Generate quarterly Rule 606 reports: Aggregate order routing data across equities and options, detailing execution quality, venue statistics, and payment for order flow (PFOF) disclosures per SEC requirements
Produce daily risk reports: Summarize position exposures, margin adequacy, volatility breaches, and intraday escalations for senior management review
Qualification
Required
3–5 years of experience in risk management at a financial services, brokerage, or clearing firm environment preferred
Basic understanding of broker/dealer operations and risk management concepts
Interest in options strategies, portfolio margin, and trade reporting
Strong analytical and problem-solving skills
Familiarity with spreadsheets (Excel or similar); database knowledge a plus
Good communication skills and willingness to learn
Ability to multitask and work with multiple teams
Clean U4 and background required
FINRA Series 7 required or must be obtained within the first year; Series 24 or 57 a plus but not required
Benefits
Health benefits
Life
Long-term disability
401(k) options
Company
Velox Clearing
Headquartered in Southern California, Velox is a technology-driven firm offering clearing and prime brokerage services.
11-50 employees
H1B Sponsorship
Velox Clearing has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (2)
2023 (1)
2022 (1)
2021 (2)
Funding
Current Stage
Early StageLeadership Team
C
Christopher Cook
CEO
Recent News
2025-08-05
FX News Group
2025-06-25
2025-04-05
Company data provided by crunchbase