Complex Products Risk Officer (CPRO) – Listed Derivatives & FX Forwards, Assistant Vice President

The Complex Products Risk (CPR) team provides centralized oversight of Equity/Index Options, Futures, and Foreign Exchange (FX) Forwards activity—helping ensure best-in-class supervision aligned to internal risk standards, controls, and policies. As a Complex Products Risk Officer (CPRO), you will deliver centralized, front-to-back supervision using exception-based risk management—partnering closely with Financial Advisors and branch/complex leadership who support High Net Worth (HNW) and Ultra High Net Worth (UHNW) clients to help enable responsible, compliant growth.

This role is built for ambitious, highly motivated professionals who want broad exposure across complex products, meaningful ownership, and the chance to raise the bar on supervisory excellence and influence how risk supervision is executed at scale.

What you’ll do (Front-to-Back Supervision / Risk Management)

• Partner directly with Financial Advisors and Market leadership, supporting HNW/UHNW clients to address complex product risks, position concerns, and remediation actions in a timely, client-sensitive manner
• Translate complex product activity and exceptions into actionable guidance and escalation recommendations
• Communicate clearly and effectively with a wide range of stakeholder groups—including Financial Advisors, Branch/Complex Management, Local Risk Officers, Compliance, Legal, Operations, and senior Risk leadership—tailoring message, details, and urgency to the audience
• Ensure adherence to Firm policies, supervisory standards, and internal controls, in alignment with applicable CFTC, NFA, FINRA, SEC, and exchange regulations
• Partner with stakeholders across Wealth Management (Risk, Compliance, Legal, Supervision, Operations, Branch/Complex leadership) to resolve items requiring escalation
• Provide Branch/Market management with clear, regular updates on emerging risks, patterns, and key themes
• Build awareness and adoption of CPR’s supervisory expectations, processes, and controls through proactive stakeholder engagement

Product Coverage Responsibilities:

Equity/Index Options Supervision

• Conduct risk reviews of options strategies; drive communication and remediation for at-risk accounts
• Evaluate strategy-related risk concerns
• Monitor for exercise and assignment risk
• Provide oversight of FLEX options positions
• Conduct communications reviews and options trading activity reviews for relevant supervisory partners

Futures Supervision

• Perform front-to-back futures supervisory oversight across onboarding and ongoing monitoring (e.g., account opening/principal approvals, active account reviews, bridge account eligibility, periodic NFA Bylaw 1101 review)
• Execute trade and position surveillance and controls (e.g., trade blotter reviews, position limits management, start-of-day/end-of-day positions-at-risk monitoring, supervision of EFP/EFS/EOO and block trading)
• Manage risk limit governance and exceptions (e.g., pre-trade risk limit administration, trading limit approvals/escalations, hedge spot month exemption reviews, trading exceptions)
• Oversee documentation, communications, and reporting (e.g., voice recording/VRCS requests and playback reviews, third-party research reviews, expirations/transfers oversight, updates to Branch/Complex management)

FX Forwards Supervision

• Provide onboarding and ongoing supervisory oversight, including new account reviews/principal approvals and periodic program reviews
• Execute trading surveillance and manage limits and exception management
• Support trading limit approvals/escalations; manage sales credit adjustments and ECP/sales credit exceptions

What success looks like

• You surface meaningful risk themes early, connect the dots across products/processes, and drive issues through to closure
• You deliver high-quality, defensible documentation and escalate with strong judgment and clarity
• You become a trusted partner to supervisory and business leadership—bringing commercial perspectives and solutions
• You improve the program over time by spotting patterns and strengthening controls and processes

What we’re looking for

• Experience in risk management, supervision, compliance, operations, or a related control function in a regulated financial services environment
• Working knowledge of relevant regulatory expectations (CFTC/NFA, FINRA/SEC, exchange rules)
• Highly analytical, curious and detail-oriented investigator with strong problem-solving