Senior Manager of Risk

As the Senior Manager of Risk at Topstep, your key responsibilities include overseeing daily funded trader operations, innovating trader selection processes, and driving improvements through effective account monitoring systems. You'll be responsible for mentoring and managing Risk Managers, while defining objectives and tracking team performance to align with company goals.

To qualify for the Senior Manager of Risk position at Topstep, candidates should possess a Bachelor’s degree, and have experience working with professional financial institutions, particularly in the futures trading industry. Additionally, strong team management skills, accountability, and advanced proficiency in Sheets or Excel are essential.

Topstep promotes a flexible working environment, encouraging collaboration through virtual meetings and a robust communication platform. Employees enjoy numerous perks, including generous paid time off, competitive benefits, and a culture where teamwork and feedback are valued, especially for roles like the Senior Manager of Risk.

The base salary range for the Senior Manager of Risk at Topstep is between $125,000 and $130,000 annually. In addition, this position is eligible for a performance-based bonus, highlighting our commitment to rewarding your contributions effectively.

Preferred skills for the Senior Manager of Risk position at Topstep include knowledge of multiple trading platforms and the ability to adapt to a rapidly changing environment. Familiarity with diverse management styles and coaching techniques is also advantageous to ensure effective team leadership.

When answering this question, highlight your specific experiences with risk management roles, focusing on what you learned about identifying and mitigating risks in trading environments, and how those experiences can contribute to the Senior Manager of Risk role at Topstep.

An effective response should include specific strategies you've used to foster team engagement, such as regular check-ins, virtual team-building activities, and creating opportunities for professional development, which are essential for a Senior Manager of Risk.

Discuss the tools and strategies you use to stay updated on market conditions, focusing on how this knowledge affects risk management and decision-making processes in the context of the responsibilities of a Senior Manager of Risk.

Explain your approach to addressing underperformance, emphasizing constructive feedback, setting clear expectations, and providing resources for improvement—qualities that are vital for a Senior Manager of Risk.

Share a concrete example of a risk management strategy you've implemented successfully in the past, detailing the outcome and how it shaped your understanding of effective risk management practices.

Identify the key metrics that you consider pivotal in measuring risk and how they align with the objectives of the organization, especially in a role like Senior Manager of Risk at Topstep.

Discuss your process for evaluating and implementing policy changes, including how you involve team members and communicate changes to ensure understanding and compliance, which is crucial for the Senior Manager of Risk.

Use this question to illustrate a specific change you led, the challenges faced, and the successful outcomes achieved with a focus on your role as a leader.

Highlight your understanding of data analysis in identifying trends, optimizing workflows, and how you leverage this data for better decision-making in risk management, an important aspect of the Senior Manager of Risk position.

Share your motivations for wanting to join Topstep, emphasizing your alignment with the company’s values, culture, and commitment to fostering an inclusive and collaborative environment.