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 FX Forwards activity—helping ensure best‑in‑class supervision aligned to internal risk standards, controls, and policies.

• 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.

• 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.

• Perform front‑to‑back futures supervisory oversight across onboarding and ongoing monitoring (account opening/principal approvals, active account reviews, bridge account eligibility, periodic NFA Bylaw 1101 review).
• Execute trade and position surveillance and controls (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 (pre‑trade risk limit administration, trading limit approvals/escalations, hedge spot month exemption reviews, trading exceptions).
• Oversee documentation, communications, and reporting (voice recording/VRCS requests and playback reviews, third‑party research reviews, expirations/transfers oversight, updates to Branch/Complex management).

• 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.

• 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 elevate 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.

• 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 skills.
• Demonstrated ability to identify issues and emerging trends, develop practical end‑to‑end solutions, manage complex work streams independently, and prioritize effectively to deliver high‑quality results within tight deadlines.
• Exceptional written and verbal communication skills, with the ability to tailor messaging to the audience, drive alignment, and elevate matters with sound judgment and urgency when appropriate.