Risk Officer Salary at Clear Street BETA

How much does a Clear Street Risk Officer make?

As of December 2024, the average annual salary for a Risk Officer at Clear Street is $88,440, which translates to approximately $43 per hour. Salaries for Risk Officer at Clear Street typically range from $74,854 to $94,686, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Clear Street Overview

Website:
clearstreet.io
Size:
200 - 500 Employees
Revenue:
$50M - $200M
Industry:
Software & Networking

Launched in 2018 by industry veterans, Clear Street is a financial technology company building better infrastructure for capital markets. Clear Street's first offering is its proprietary, cloud-based prime brokerage platform, which offers institutions, professional traders, and brokerages everything they need to trade U.S. equities and options. The platform is built on native cloud infrastructure that is flexible, scalable, secure, and reliable. In the future, Clear Street will offer a suite of services to meet the needs of all market participants, across geographies and asset classes.

See similar companies related to Clear Street

What Skills Does a person Need at Clear Street?

At Clear Street, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
  2. Operational Risk: Operational risk is "the risk of a change in value caused by the fact that actual losses, incurred for inadequate or failed internal processes, people and systems, or from external events (including legal risk), differ from the expected losses". This definition, adopted by the European Solvency II Directive for insurers, is a variation from that adopted in the Basel II regulations for banks. In October 2014, the Basel Committee on Banking Supervision proposed a revision to its operational risk capital framework that sets out a new standardized approach to replace the basic indicator approach and the standardized approach for calculating operational risk capital. It can also include other classes of risks, such as fraud, security, privacy protection, legal risks, physical (e.g. infrastructure shutdown) or environmental risks. The study of operational risk is a broad discipline, close to good management and quality management.
  3. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  4. Credit risk: Credit risk is the possibility of loss due to a borrower's defaulting on a loan or not meeting contractual obligations.
  5. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

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Check more jobs information at Clear Street

Job Title Average Clear Street Salary Hourly Rate
2 Chief Financial Officer $523,643 $252
3 Chief People Officer $409,071 $197
4 Chief Product Officer $332,388 $160
5 Content Designer $104,197 $50
6 Corporate Controller $300,630 $145
7 Manager, Engineering $178,289 $86
8 Manager, Finance Systems $162,665 $78
9 Manager, People Operations $162,539 $78
10 Manager, Recruiting Operations $150,851 $73
11 Operational Specialist $54,240 $26
12 Operations Associate $55,208 $27
13 Recruiting Operations Analyst $87,628 $42

Hourly Pay at Clear Street

The average hourly pay at Clear Street for a Risk Officer is $43 per hour. The location, department, and job description all have an impact on the typical compensation for Clear Street positions. The pay range and total remuneration for the job title are shown in the table below. Clear Street may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $88,440 look to you?

FAQ about Salary and Jobs at Clear Street

1. How much does Clear Street pay per hour?
The average hourly pay is $43. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Clear Street?
According to the data, the highest approximate salary is about $94,686 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Clear Street?
According to the data, the lowest estimated salary is about $74,854 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.