Director, Prime Brokerage & Margin Risk
Phaxis LLC
📍 New York County, New York, United States
Job Description
The Risk function is seeking a Director to oversee Prime Brokerage, Portfolio Margin, and counterparty exposure risk across the firm's equities, options, and fixed income businesses. This role is responsible for daily monitoring of leveraged client portfolios, assessing margin adequacy, stress loss exposure, and potential liquidation risk, while also supporting the firm's clearinghouse margin and liquidity management.
This is a hands-on, markets-adjacent risk role focused on real-time exposure management rather than theoretical credit or model-driven market risk. The individual will work closely with the business, senior management, and external counterparties to ensure client risk remains within established limits and that potential issues are identified and escalated promptly.
The team is lean, and the role requires an independent, highly analytical professional who is comfort...