Senior Manager, Trading Credit Risk - Margin

Altruist is transforming the multi-trillion dollar wealth management industry by building an AI platform for wealth professionals. We partner with financial advisors nationwide, empowering them to grow, optimize time and resources, and deliver superior outcomes for their clients.

We’re looking for exceptional talent to help us achieve our mission of making financial advice better, more affordable, and accessible to all. If you’re passionate about challenging the status quo and want to do the most important work of your life, we’d love to meet you!

• Kindness - Kindness doesn’t just equal niceness. We listen to understand. We embrace, and encourage healthy debate and diverse perspectives. We approach conflict openly, honestly, and respectfully.
• Brilliance - Humility is the skill we’re most proud of and possessing a growth mindset is always top of mind. We take ownership in everything we touch; regularly using our unique superpowers to reach a common goal as a team. We succeed and fail as one.
• Grit - When challenges arise, we stay laser focused on achieving our mission and finding a way forward, even when it’s hard. We are nimble and maintain a sense of urgency, swiftly adapting to change and overcoming obstacles.

Altruist is seeking a Senior Manager, Trading Credit Risk – Margin & Options to provide senior-level leadership over credit risk arising from customer trading activity. This role is responsible for overseeing margin and options credit exposure, setting risk strategy, and leading a team that manages risk through both steady-state operations and periods of market stress. You’ll act as a key risk leader and escalation authority, partnering closely with Trading, Brokerage Operations, Product, Engineering, Compliance, and executive Risk leadership to build out the risk framework, develop talent, and help launch and scale our margin and options offerings so programs remain compliant and scale safely.

• Provide senior leadership for trading credit risk oversight related to margin lending and options trading
• Set and maintain credit risk strategy, limits, thresholds, and escalation frameworks
• Oversee monitoring of customer leverage, buying power, margin balances, and options exposure
• Lead response to market stress events, including elevated margin calls, forced liquidations, and systemic risk scenarios
• Review and challenge margin methodologies, options risk frameworks, and liquidation strategies
• Serve as a senior escalation point for high-risk accounts, complex scenarios, and firm-wide credit risk events
• Oversee and manage collateral requirements and firm obligations at The Options Clearing Corporation (OCC)
• Partner with Trading, Product, and Engineering on risk rule changes, automation, and platform enhancements
• Lead preparation and presentation of credit risk reporting to senior leadership and risk committees
• Support and lead regulatory exams, audits, and supervisory interactions
• Own and maintain credit risk policies, WSPs, and governance documentation
• Lead, mentor, and develop managers and analysts; build a strong, resilient risk team
• Drive continuous improvement of risk analytics, controls, and monitoring tools

• 7+ years of experience in trading credit risk, margin risk, or brokerage risk management
• Deep, hands-on expertise in margin lending and options trading
• Strong understanding of customer leverage, options strategies, and liquidation mechanics
• Experience managing OCC collateral and clearing risk requirements and familiarity with OCC Encore
• Extensive experience in a second-line risk oversight or independent risk function
• Proven people leadership experience, including managing managers or leading larger teams
• Ability to make sound risk decisions under pressure and during volatile market conditions
• Strong executive communication skills and ability to influence senior stakeholders
• Excellent judgment, strategic thinking, and operational discipline

• Series 7 and Series 63 required
• Series 24 and Series 4 required
• Series 57 required, or the ability to obtain within 90 days of employment

• Experience at a custodian, clearing…