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

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