Key Responsibilities:
- Manage and oversee risk management systems e.g., Kambala.
- Conduct User Acceptance Testing (UAT) and stress testing of risk platforms.
- Monitor market movements and assess risks on client positions; take action to mitigate risks.
- Set and maintain risk parameters, limits, and processes to ensure effective control.
- Oversee Scrip Profiling, Scrip Basketing, and Margin Funding (MTF) risk management.
- Interpret and implement regulatory directives from Exchanges and Regulators.
- Proactively monitor regulatory changes, analyze impact, and adjust policies, systems, and procedures.
- Segregate and allocate client funds segment-wise to ensure compliance.
- Collaborate with Compliance, Accounts, Settlement, and DP teams for smooth business operations.
- Review and interpret surveillance alerts generated from exchanges; take corrective actions.
- Regularly assess and improve the risk management structure for better control.
- Communicate with internal teams, vendors, and external stakeholders regarding risk-related issues.
- Oversee and manage risk related to MTF products.
- Minimum 3+ years of experience in risk management in the stockbroking industry.
- Strong analytical skills to assess complex risks and recommend solutions.
- Excellent oral and written communication skills for effective stakeholder interaction.
- Updated on regulatory and compliance requirements; able to implement changes quickly.
- Ability to work independently and collaboratively in a fast-paced setting.
- High attention to detail with a proactive approach to problem-solving