Job Description
Title: Options & Margin Risk Analyst
Location: Chicago, IL
Dallas, TX
Job Description:
WHO WE ARE
Apex Fintech Solutions (Apex) powers innovation and the future of digital wealth management by building tech-forward solutions that help simplify, automate, and facilitate access to financial markets for all. Our robust suite of fintech software enables us to support clients such as Stash, Betterment, SoFi, Webull, and eToro, amongst many others; collectively, Apex powers access to the stock market for over 22+ million end customers.
At Apex, we are changing how the securities industry operates by reinventing the status quo, which was manual, slow, and accessible only by the ultra-wealthy. We're digitizing and democratizing systems so that everyone has an opportunity to invest.
When you're at Apex, you drive this change. You're part of a global team with a clear vision: to be the trusted technology that powers the digital economy. Our offices in Austin, Dallas, Chicago, New York, Portland, Belfast, and Manila are home to over 1,000 employees.
Together, we're shaping the future of financial innovation. Embrace change. Solve big. Win together. And be G.R.E.A.T. - grit, results, empathy, accountability, and teamwork - with Apex.
We're proud to be recognized for the innovative work we do, the purpose-driven nature of our work, and the collaborative culture we've created. Here are just a few of the many awards we've recently received:
Best Places to Work
2026, 2025, 2024, 2023 - Presented by BuiltIn
WealthTech of the Year
2025 - Presented by US FinTech Awards
The World's Top 250 Fintech Companies
2024 - Presented by CNBC
ABOUT THIS ROLE
The Options and Margin Risk Analyst is responsible for real-time monitoring and assessment of client accounts to identify and mitigate risk exposures related to equity options trading and margin requirements. This role serves as a critical control function within the Risk Operations team, making time-sensitive decisions to protect both client accounts and the firm from excessive risk.
Key Responsibilities:
Options Expiration Monitoring
Monitor option positions approaching expiration to identify potential assignment risks and account deficits
Assess exposure scenarios for uncovered options and spreads that may result in account losses
Proactively contact clients or take preventive action when expiration events could create margin deficiencies or unwanted positions
Document expiration-related incidents and coordinate with appropriate teams for resolution
Intraday Margin Surveillance
Continuously monitor leveraged accounts throughout the trading day to identify margin deficiencies
Calculate required equity increases based on position changes, market movements, and margin requirements
Issue margin calls and determine appropriate timeframes for clients to meet requirements
Escalate accounts that fail to meet margin requirements and coordinate with operations on potential liquidations
Transfer Transaction Review
Evaluate incoming and outgoing account transfer requests (ACAT, journal transfers) for risk implications
Verify that transferred positions comply with account type restrictions and margin requirements
Identify and reject transfers that would create unacceptable risk exposures or violate regulatory requirements
Coordinate with transfer operations and clients to resolve issues or request additional documentation
Complex Order Review and Authorization
Analyze multi-leg option strategies and complex stock/option combination orders for appropriateness
Assess whether proposed trades align with account type, approval level, and risk tolerances
Make real-time decisions to approve, modify, or reject orders based on risk parameters
Provide guidance to clients and trading desk on order modifications needed for approval
Risk Reporting and Collaboration
Generate daily reports on margin exceptions, rejected transfers, and blocked orders
Collaborate with Compliance, Trading, and Client Services to address account risk issues
Participate in the development and refinement of risk monitoring procedures and thresholds
Contribute to training materials and knowledge sharing within the Risk Operations team
Required Qualifications:
Education and Licensing
Bachelor's degree in Finance, Economics, Business, or related field
Series 7 and Series 63 licenses preferred (or ability to obtain within 90 days of hire)
Options Principal (Series 4) license preferred
Experience and Knowledge
2 to 4 years of experience in brokerage operations, margin, or risk management
Strong understanding of equity options mechanics including spreads, straddles, and complex strategies
Working knowledge of Reg T, portfolio margin, and exchange/firm margin requirements
Familiarity with options assignment, exercise, and expiration processes
Experience with risk monitoring systems and trading platforms
Skills and Competencies
Ability to make sound decisions quickly in a fast-paced environment
Strong analytical skills with attention to detail and accuracy
Excellent problem-solving abilities and risk assessment judgment
Clear communication skills for client and internal stakeholder interactions
Proficiency with Excel, SQL, Big Query and ability to work with large datasets
Proficiency in AI utilization
Capacity to manage multiple priorities and work under pressure during market hours
Working Conditions
Standard market hours (typically 8:30 AM - 5:00 PM ET) with occasional extended hours during volatile markets
Also Overnight Hours (typically 5:00PM - 5:00 PM ET)
Hybrid work environment may be available after initial training period
High-intensity role requiring sustained focus during trading hours
#risk #full-time #associate #LI-MJ1 #APEX
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Our Rewards
We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental and vision, EAP), competitive PTO, 401k match, parental leave, and HSA contribution match. We also provide our employees with a paid subscription to the Calm app and offer generous external learning and tuition reimbursement benefits. At AFS , we offer a hybrid work schedule for most roles that allows employees to have the flexibility of working from home and one of our primary offices.
Salary Range
$70,000-$87,500
The annual base salary range for this position is noted above. Exact compensation offered may vary depending on job-related knowledge, skills, experience, and office location.
EEO Statement
Apex Fintech Solutions is an equal opportunity employer that does not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.
Disability Statement
Apex Fintech Solutions is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process, please submit your request via the Candidate Accommodation Requests Form. We will work with you to provide the necessary accommodations to ensure your full participation in our hiring process.
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