Director of Risk

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 methods
• Identify and assess market risks associated with trading activities, such as price volatility, liquidity risk, and correlation risk
• Develop 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 analysis
• Improve data integrity throughout the platform, and work closely with third-party vendors to rectify inaccuracies and inconsistencies
• Review and evaluate new business initiatives, including potential partnerships and acquisitions, to identify changes to the operational risk profile of the business
• Act as a strategic business partner on financial risk topics by ensuring effective communication and an understanding of risks at all organizational levels 

Who 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 management
• Extensive margin, equity, and options strategy knowledge within the retail brokerage space
• Detail oriented and scrappy, but possess the ability to think strategically about long-term trading risk
• Data oriented — you have a keen sense for numbers and understand how to analyze complex data sets
• Strong understanding of financial markets, credit risk, liquidity risk, and market risk
• Ability to collaborate effectively with cross-functional teams
• Data management and visualization experience a plus
• Programming experience a plus
• Strong 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.