Financial Risk Management Specialist

Job Title : Sr. Executive –RMS

Department : Risk & Compliance

Location : Mumbai

Reporting To : Head – Risk / Compliance

Experience Required : 3 – 5 Years in Capital Market Risk Function

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

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

Key Skills Required