Farid Zainal
About Farid Zainal
Farid Zainal is a Managing Director at Clear Street and Head of Risk Management at Velocity Clearing, LLC. He has extensive experience in prime brokerage services, having held senior positions at firms such as Wells Fargo, Merlin Securities, and Goldman Sachs.
Current Role at Clear Street
Farid Zainal serves as the Managing Director at Clear Street, a position he has held since 2024. His responsibilities include overseeing operations and strategic initiatives within the organization. His extensive background in finance and brokerage services contributes to his leadership role.
Professional Experience in Financial Services
Farid Zainal has extensive experience in the financial services industry. He worked at Wells Fargo Prime Services as Director of Prime Brokerage Services from 2012 to 2015. Prior to that, he was a Partner at Merlin Securities from 2009 to 2012. His tenure at Goldman Sachs Execution and Clearing as Vice President lasted from 2000 to 2009. He also held positions at Apex Clearing Corporation, first as Branch Manager from 2017 to 2020 and then as Head of Prime Brokerage Consulting from 2015 to 2017.
Education and Academic Background
Farid Zainal studied at Purdue University, where he earned a Bachelor of Science degree in Business. This educational foundation has supported his career in finance and management, equipping him with essential skills and knowledge.
Military Service Background
Farid Zainal served in the US Navy from 1981 to 1987. During his service, he was stationed at the Navy Seabee Office in Gulfport, Mississippi. His military experience has contributed to his leadership and management skills in his subsequent professional roles.
Current Role at Velocity Clearing, LLC
In addition to his role at Clear Street, Farid Zainal is the Head of Risk Management at Velocity Clearing, LLC. He has been in this position since 2020, where he focuses on managing risk strategies and ensuring compliance within the organization.