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Faris Matalka

Managing Director, Charles Schwab

Faris

Mr. Matalka is head of Trading Operations and Margin Services. He oversees order management in equities, equity options and futures as well as relationships with market makers and U.S. exchanges including representing the firm on market structure issues in options and equities. In addition, Mr. Matalka oversees the firm’s margin book where he leads teams that manage intra-day risk for portfolio margin and Regulation T, collaborates with credit risk modeling teams and leads the technology platform team for the firm’s margin systems.

Mr. Matalka has more than 20 years of experience in trading operations and risk management, including most recently nine years in retail brokerage at Charles Schwab and E*Trade. Previously, Mr. Matalka worked at Citadel Securities as part of the original team that helped build out the firm’s Equities Wholesale and Options smart routing business that catered to all U.S. and Canadian brokerage firms. He also managed the firms’ wholesale risk trading book size, hedging and individual position limits. Mr. Matalka started his career on the Chicago Board of Trade and First Options of Chicago Finance department.

Mr. Matalka holds a bachelor's degree in accounting from the University of Jordan in Amman, Jordan. He holds Series 7, 24, 55 and 66 licenses.

Mr. Matalka is a Member Director on OCC's Board of Directors and serves on the Technology Committee.

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