Team Lead - Risk Mid Office Reliance Industries Limited

5.0 - 9.0 years

0 Lacs

navi mumbai, maharashtra

On-site

The role in the Refining and Manufacturing - Middle office team involves monitoring risk assurance & control, reporting performance, and publishing analysis for physical and derivative trading activities in the R&M business. It is essential to ensure compliance with RBI regulations and SEBI corporate Governance standards. Key responsibilities include independently validating physical deal proposals, evaluating hedging & derivative proposals, reporting pricing exposure for commodity trades, and ensuring regulatory compliance for derivatives. Daily exposure monitoring and adherence to internal policies and guidelines are crucial aspects of the role. Reviewing MIS reports and ensuring consistency with trading plans, grade requirements, and authority levels are also part of the responsibilities. The role requires ensuring that all deals comply with internal policies, relevant limits, and mandates of the traders. It involves reviewing trading desk P&L and performance reports, analyzing hedge accounting, MTM reports, Value At Risk reports, and facilitating audits. Daily exposure measurement and advice on flat price hedging are also significant responsibilities. Identifying limit breaches, policy deviations, and operational exceptions and escalating them appropriately is essential. Reviewing process controls, working towards improvements, and automation are key tasks of this role. The ideal candidate for this position should have an MBA from a top-ranked college.,

Posted 1 week ago

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