Public
Director of Risk
Public, New York, New York, us, 10261
About Public
Public is an investing platform that makes building a multi-asset portfolio fast, frictionless, and secure. Members can trade stocks, options, bonds, crypto, ETFs, and alternative assets-all in one place. Alongside its robust suite of investing tools, Public offers Alpha, a layer of artificial intelligence that provides fundamental data and custom analysis to support informed investment decisions.
Since 2019, Public has raised over $300 million. Investors include Accel, Tiger Global, Will Smith's Dreamers VC, The Chainsmokers' Mantis VC, and Shari Redstone's Advancit Capital, as well as renowned figures in business and culture, like Maria Sharapova, Tony Hawk, and NYU Stern professor Scott Galloway.
This role is based in our NYC office and is onsite Mon-Thurs.
What you'll do
We are looking for a highly-motivated and experienced
Director of Risk
to join our nimble brokerage team. In this role, you'll focus on identifying, assessing, and managing Public's financial and operational risks. This is a critical function that will drive the development of our risk management framework, and help determine our risk appetite, in support of our overall business plan.Analyze, interpret, and provide the daily risk exposure of our business by assessing transactions, and through the development / implementation of quantitative models, portfolio analysis, and other methodsIdentify and assess market risks associated with trading activities, such as price volatility, liquidity risk, and correlation riskDevelop and maintain risk reporting systems and dashboards, including associated metrics and alerts in order to monitor the execution and performance of our strategy; provide timely and insightful analysisImprove data integrity throughout the platform, and work closely with third-party vendors to rectify inaccuracies and inconsistenciesReview and evaluate new business initiatives, including potential partnerships and acquisitions, to identify changes to the operational risk profile of the businessAct as a strategic business partner on financial risk topics by ensuring effective communication and an understanding of risks at all organizational levelsWho you are
Bachelor's degree in finance, economics, engineering, or a related field required (Master's degree preferred)Minimum 6+ years of relevant experience in risk managementExtensive margin, equity, and options strategy knowledge within the retail brokerage spaceDetail oriented and scrappy, but possess the ability to think strategically about long-term trading riskData oriented - you have a keen sense for numbers and understand how to analyze complex data setsStrong understanding of financial markets, credit risk, liquidity risk, and market riskAbility to collaborate effectively with cross-functional teamsData management and visualization experience a plusProgramming experience a plusStrong passion for options trading a plus
Public is an equal employment opportunity employer to all employees and applicants for employment and prohibits discrimination and harassment of any type. We celebrate people of all race, color, religion, age, sex, national origin, disability status, genetics, veteran status, sexual orientation, gender identity, or expression. The compensation range for this role is $140K-$190K based on skills and experience.
Public is an investing platform that makes building a multi-asset portfolio fast, frictionless, and secure. Members can trade stocks, options, bonds, crypto, ETFs, and alternative assets-all in one place. Alongside its robust suite of investing tools, Public offers Alpha, a layer of artificial intelligence that provides fundamental data and custom analysis to support informed investment decisions.
Since 2019, Public has raised over $300 million. Investors include Accel, Tiger Global, Will Smith's Dreamers VC, The Chainsmokers' Mantis VC, and Shari Redstone's Advancit Capital, as well as renowned figures in business and culture, like Maria Sharapova, Tony Hawk, and NYU Stern professor Scott Galloway.
This role is based in our NYC office and is onsite Mon-Thurs.
What you'll do
We are looking for a highly-motivated and experienced
Director of Risk
to join our nimble brokerage team. In this role, you'll focus on identifying, assessing, and managing Public's financial and operational risks. This is a critical function that will drive the development of our risk management framework, and help determine our risk appetite, in support of our overall business plan.Analyze, interpret, and provide the daily risk exposure of our business by assessing transactions, and through the development / implementation of quantitative models, portfolio analysis, and other methodsIdentify and assess market risks associated with trading activities, such as price volatility, liquidity risk, and correlation riskDevelop and maintain risk reporting systems and dashboards, including associated metrics and alerts in order to monitor the execution and performance of our strategy; provide timely and insightful analysisImprove data integrity throughout the platform, and work closely with third-party vendors to rectify inaccuracies and inconsistenciesReview and evaluate new business initiatives, including potential partnerships and acquisitions, to identify changes to the operational risk profile of the businessAct as a strategic business partner on financial risk topics by ensuring effective communication and an understanding of risks at all organizational levelsWho you are
Bachelor's degree in finance, economics, engineering, or a related field required (Master's degree preferred)Minimum 6+ years of relevant experience in risk managementExtensive margin, equity, and options strategy knowledge within the retail brokerage spaceDetail oriented and scrappy, but possess the ability to think strategically about long-term trading riskData oriented - you have a keen sense for numbers and understand how to analyze complex data setsStrong understanding of financial markets, credit risk, liquidity risk, and market riskAbility to collaborate effectively with cross-functional teamsData management and visualization experience a plusProgramming experience a plusStrong passion for options trading a plus
Public is an equal employment opportunity employer to all employees and applicants for employment and prohibits discrimination and harassment of any type. We celebrate people of all race, color, religion, age, sex, national origin, disability status, genetics, veteran status, sexual orientation, gender identity, or expression. The compensation range for this role is $140K-$190K based on skills and experience.