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Manager - Trading Terminal Commodity Risk (Apply in 3 Minutes)

Manager - Trading Terminal Commodity Risk (Apply in 3 Minutes)

Nuvama GroupMumbai, Maharashtra, India
19 hours ago
Job description

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

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