About Altruist

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!

But first, our values

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.

The opportunity

Altruist is launching and scaling Margin and Options, two of the most risk-intensive capabilities at a modern custodian. We're hiring a Manager, Trading Credit Risk (Margin & Options) to own the credit and market risk framework that keeps these products safe: house margin requirements, stress testing, concentration and liquidity surveillance, and the escalation decisions that protect clients and the firm.

This role sits within the Trading & Brokerage Operations organization and reports to [reporting manager]. It is an individual contributor role, not a people leadership role. You will own the credit risk function end to end, write the playbook, and set the standard that a future team will run. It is built for someone who aspires to lead and wants to earn that seat by building the function first.

If you want to own the risk framework behind margin and options at a fast-growing custodian, with a clear path toward leadership, this role offers meaningful scope.

What you’ll do

As Manager, Trading Credit Risk (Margin & Options), you will be accountable for identifying, measuring, and acting on credit and market risk across margin and options accounts. You will also be a core builder: deeply embedded with Product and Engineering as risk controls are designed, tested, and launched.

Margin & Credit Risk Oversight

• Own daily credit risk surveillance across margin accounts using Stream Credit Monitor (SCM) and Sterling Risk Monitor (SRM)
• Design, calibrate, and maintain house margin requirements, including security-level and account-level add-ons
• Monitor concentration, liquidity, and volatility risk and run stress scenarios on the book
• Set and maintain collateral treatment across security types, including haircuts, liquidity tiers, and concentration limits for fixed income positions held as margin collateral
• Approve margin requirement changes, extensions of time, and exception cases, and own the rationale behind each decision
• Review debit balance trends and escalate accounts approaching liquidation thresholds
• Direct the Trade Desk on liquidation decisions, sequencing, and timing when accounts must be brought back into compliance

Options Risk Oversight

• Own expiration-day and in-the-money (ITM) risk reviews, including assignment and exercise exposure
• Review and drive resolution of uncovered or at-risk options positions
• Monitor OCC margin outputs (STANS), spread files, and specific deposits, partnering with Operations on mitigation
• Assess the risk impact of proposed options level expansions and new strategies

Regulatory & Control Responsibilities

• Ensure the risk framework complies with Regulation T, FINRA Rule 4210 (margin requirements), and FINRA Rule 2360 (options)
• Define and monitor key risk indicators (KRIs) and produce recurring risk reporting for leadership
• Lead root-cause analysis on credit events, near-misses, and control failures, and drive remediation
• Maintain documentation and evidence supporting risk decisions for audits, exams, and regulatory reviews

Build & Scale

• Partner with Product and Engineering to embed risk controls, alerts, and automation into the platform from day one
• Reduce manual surveillance through better tooling, and identify where AI can improve exception triage, stress analysis, and risk documentation
• Support product launches and future expansions, including higher options levels and expanded margin use cases

What you bring

We're seeking a credit risk specialist who combines quantitative rigor with practical broker-dealer judgment, and who wants to grow into leadership.

Experience & Expertise

• 5+ years of experience in credit risk, margin risk, or market risk at a broker-dealer, clearing firm, or custodian
• Hands-on experience with margin methodologies, house requirements, stress testing, and concentration analysis
• Strong working knowledge of options risk, including assignment/exercise exposure, expiration risk, and strategy-based margin
• Demonstrated experience making and defending time-sensitive risk decisions

Technical & Regulatory Fluency

• Strong knowledge of Regulation T, FINRA Rule 4210, and FINRA Rule 2360
• Experience with platforms such as FIS Phase 3, Stream Credit Monitor (SCM), Sterling Risk Monitor (SRM), and OCC tools (ENCORE, STANS outputs)
• Strong analytical skills; advanced Excel required and SQL or Python a plus
• Strong documentation and audit readiness discipline

Licensing

• FINRA Series 7 and Series 63 required
• Series 4 (Registered Options Principal) required, or must be obtained within 90 days of employment
• Series 57 a plus, or willingness to obtain
• Series 24 a plus, and a natural next step given the leadership trajectory of this role

Skills & Mindset

• High ownership mentality: you treat the risk framework as yours to build, run, and defend
• Aspires to people leadership and demonstrates it now through mentoring, documentation, and raising the bar for others
• Genuinely curious about AI: you actively experiment with AI tools to triage exceptions, analyze risk data, draft documentation, and automate repetitive surveillance, and you want to help define how AI is used in credit risk
• Calm, decisive judgment under pressure, especially during volatility and expiration events
• Clear communicator who can explain complex risk concepts to Trading, Compliance, Product, and advisors
• Comfortable building structure in ambiguity as products launch and scale

What we bring

Attracting and retaining top-tier talent is a priority. We are proud of the culture we’ve built and are cognizant of the ever-changing professional landscape. Our dynamic offering of perks and benefits are tailored for you to feel your best while doing your best.

• Stunning, amenity-filled office spaces in Culver City, CA, San Francisco, CA, and Dallas, TX. Our offices are intentionally designed for comfort, collaboration, and productivity. 
• Competitive total compensation.
• Premium healthcare, dental, and vision insurance plans (HMO and PPO).
• 401k savings plan with a 4% match and immediate vesting.
• 16 week paid parental leave after one year of employment.
• Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee.
• Company perks program (includes discounts on pet insurance, fitness, cell phone plans, and travel, etc.).
• Financial guidance program (includes counseling on navigating debt, tracking personal spend, saving and planning goals, home-purchasing preparedness, etc.).
• One month work from anywhere policy (with the exception of a few countries).

Total compensation includes a competitive benefits package, along with a bonus program for eligible roles. For salaried positions, a salary offer will be determined by a number of factors including experience, skill level, internal pay equity, geographic location, and other relevant business considerations. We review all employee pay and compensation programs regularly to ensure fair, equitable, and competitive pay. At Altruist, we are committed to providing fair, equitable, and competitive compensation by leveraging market data to inform our pay bands. Base salaries will be reviewed at regular intervals throughout the year, typically in conjunction with performance review cycles. By evaluating compensation on a regular basis, we are able to reward high performance and ensure all employees have opportunities for growth.

Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Altruist we are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.