Manager - Trading Terminal Commodity Risk

Role overview:

Be part of Terminal Risk team expected to perform duties like Limits setting at dealer and client Level,rules setting as per clients/dealer requirements, monitoring clients position and blocking unblocking of ban scrips, symbols under tender period, CTCL creation/modification and other relevant activities for retail and Institutional clients.

Experience: Having min 5+ years’ experience in Risk Management team of prominent Broker, having handled large volume of HNI clients

Roles and Responsibilities:

• Monitoring & mitigation of the clients Risk
• Communication and co-ordination between various stakeholders to highlight the risk & take action wherever possible
• Must be aware of the functioning of Trading platform, exchange penalty rules and limit setting criteria. Preferable having 6 to 7 years working experience on trading platforms like Omnesys/Greek/ODIN/ Kambala in Risk Management team of prominent commodity broker
• Should be aware of CTCL – creation and user upload formalities of Exchange
• Should possess knowledge on process of Delivery Marking on MCX and NCDEX
• Should possess knowhow on blocking / disallowing trades during Tender period
• Should have hands on handling Corporate / Direct / Admin Terminals incld MCS and MTS terminals of MCX
• Should possess knowledge of process for Code / Trade Modification process in MCX and NCDEX
• Should be capable of framing internal risk policies as per changes mandated by regulator from time to time.
• Review of risk management policies including the quantification of our risk appetite through specific risk limits
• Communication with various teams like audit/exchange and should be capable of sorting queries raised from time to time.

Requirements:

• Should be ready to work in shifts
• Prepare periodic analysis for reporting to senior authorities
• Process improvement & Automation
• Should have know how on position square-off process in case of contingencies where in TWS/Admins are down
• Should reasonably be aware of how TWS operates and have functional knowledge on Limit Setting Branch wise/ CTCL wise/ Scrip Wise.
• Should be aware of process of setting Single Order Qty/Value Limit of Users, password reset etc.
• Should be fully aware of margining system followed by Exchange for Marginable and Non-Marginable clients
• Should possess knowledge of margin reporting process and rules related to levy of SPAN, Exposure, Additional Margin and Peak Margin levied by Exchange
• Should be aware of Warehousing rules and regulation

Qualification:

Graduate/Post Graduate in any discipline – preference will be given to MBA (Finance)/CFA/CA