Risk Management Specialist

Job Title:

Department:

Location:

Reporting To:

Experience Required:

CTC -Upto 6 LPA

Role Objective

To ensure real-time monitoring and management of market risk, credit risk, operational risk and regulatory risk for the stock broking operations in line with SEBI, NSE, BSE & Clearing Corporation norms.

Key Responsibilities

1. Trading Risk Oversight

• Monitor client positions, margins, MTM losses, limits, exposures & risk parameters across segments (Cash, F&O, Currency, Commodity).
• Manage real-time exposure control using RMS systems.
• Configure and periodically update RMS rules (SPAN + Exposure + VAR + Additional Margins).

1. Client Risk Assessment

• Assess client credit profiles and define trading limits.
• Approve or decline requests for limit enhancements based on documentation & funding patterns.
• Ensure compliance with client-level regulatory risk requirements.

1. Market & Product Risk Monitoring

• Track volatility, corporate actions, F&O expiries, concentration risk, and illiquid position risks.
• Liaison with Dealers, Branches & Relationship Managers during market fluctuations.

1. Regulatory & Compliance Management

• Ensure adherence to SEBI, Stock Exchange, and Clearing Corporation Risk norms.
• Review alerts from internal surveillance systems.
• Prepare reports for Internal Auditors, Exchange Inspections and Statutory Audits.

1. Operational Controls

• Coordinate with Tech Team for RMS parameter configuration.
• Ensure correctness of margin files, limit files and pay-in/pay-out instructions.
• Monitor DP stock shortages and pledge/unpledge process under TM/CM POA and MTF framework.

1. Reporting & Escalation

• Maintain MIS on exposures, margin shortfalls & client risk breaches.
• Escalate high-risk situations to Senior Management promptly.

Key Skills Required

• Strong knowledge of Equity & Derivatives markets
• Expertise in Span/Exposure/Margin systems
• Experience working on CTCL/Trading risk systems (e.g., NEAT, ODIN, BOW, etc.)
• Data analysis skills (Excel, Pivot, MIS reporting)
• Ability to work in high-pressure, fast-moving market environment