DVP- Market Risk/ Risk Management

Role Overview: You will be responsible for implementing risk management policies aligned with SEBI and global CCP standards. Your role will involve establishing systems to identify, measure, and control credit, market, operational, and liquidity risks. Additionally, you will ensure timely and accurate risk reporting to RMC, Board, SEBI, and other stakeholders. You will oversee the design, back-testing, scenario analysis, and effectiveness of risk models. Coordinating with clearing members, ISF, MIIs, and regulators on risk-related matters will also be part of your responsibilities. Furthermore, you will track and analyze market trends, volatility, and macroeconomic factors impacting clearing activities. Identifying emerging risks, regulatory changes, and competitive developments will be crucial in your role. Monitoring regulatory compliance and highlighting potential breaches affecting clearing operations, as well as preparing market intelligence reports and analyzing clearing/settlement data to support strategic decision-making, will round out your key responsibilities. Key Responsibilities: - Implement risk management policies in alignment with SEBI and global CCP standards - Establish systems to identify, measure, and control credit, market, operational, and liquidity risks - Ensure timely and accurate risk reporting to RMC, Board, SEBI, and other stakeholders - Oversee the design, back-testing, scenario analysis, and effectiveness of risk models - Coordinate with clearing members, ISF, MIIs, and regulators on risk-related matters - Track and analyze market trends, volatility, and macroeconomic factors impacting clearing activities - Identify emerging risks, regulatory changes, and competitive developments - Monitor regulatory compliance and highlight potential breaches affecting clearing operations - Prepare market intelligence reports and analyze clearing/settlement data to support strategic decision-making Qualification Required: - Bachelor's degree in Finance, Economics, Risk Management, or related field - 9-15 years of experience in market risk management within the financial industry - Strong knowledge of SEBI compliance, CCP standards, risk models, and market analysis - Ability to communicate effectively with stakeholders and regulatory bodies - Proven track record of identifying and mitigating various risks in clearing operations Please note that the above job description is for a DVP- Market Risk position based in Mumbai. If you feel that your qualifications and experience align with the requirements of this role, please consider sharing your CV with ayushik@thepremierconsultants.com or refer a friend who might be interested.,