Risk Management & Surveillance

The RMS will assist in overseeing and managing the Risk Management System (RMS) operations within the Stock Broking vertical. This role involves ensuring compliance with regulatory requirements, maintaining surveillance on trading activities, and enhancing reporting mechanisms to mitigate risk effectively.

Key Responsibilities:

• BOD & EOD Management: Cross-checking Beginning of Day (BOD) and End of Day (EOD) processes for all segments before market opening and at the close of trading.
• Terminal & Client Activation/Deactivation: Managing the activation and deactivation of trading terminals and investor/client accounts.
• Query Resolution: Addressing and resolving daily operational queries promptly and effectively.
• Surveillance & Margin Monitoring: Monitoring margins and reporting relevant observations and exceptions to the Head of Department (HOD).
• GSM/ASM & Illiquid Scrip/Contract Blocking: Ensuring the timely blocking of GSM/ASM securities, illiquid scrips, and far-month contracts within the trading system.
• Ageing Debits: Implementing blocking of T+5 debit accounts and executing CUSPA square-off processes.
• MTM Monitoring: Tracking MTM alert violations, monitoring MTM net positions, and executing square-off processes when predefined MTM loss thresholds are triggered.
• Intraday Position Management: Ensuring the timely square-off of all intraday positions through Timer Square-Off across all segments.
• Limit Supervision: Supervising assigned client limits, including Base Limits and Intraday Limits.
• Coordination: Collaborating with various internal teams to ensure smooth and efficient operational processes.
• Position Surveillance: Monitoring scrip-wise and client-wise positions, simulated trades, scrip concentration, and other risk parameters.
• Physical Delivery: Monitoring physical delivery and tender-period contracts across all segments and managing the staggered delivery mechanism.
• Compliance Implementation: Ensuring the effective implementation of SEBI, Exchange, and Depository-related compliance requirements.
• Reporting Enhancement: Improving supervisory reporting related to client funds, collateral, and security balances.
• Margin Reporting: Conducting daily margin reporting across all segments.
• Other Processes: Managing quarterly settlements of accounts, dormant and inactive account processes, and CTCL empanelment.

Skills & Knowledge:

• Strong knowledge of Trade Administration functionality.
• Thorough understanding of BOD & EOD processes, limit setting, and RMS procedures, with the ability to adapt to evolving technologies.
• Sound knowledge and relevant experience in Equity, Equity Derivatives, Commodity, and Currency
• Experience in assessing and managing risk across various segments and products.
• Proactive approach to identifying and implementing measures to mitigate operational and market risks.
• Ability to develop and automate process improvements to meet evolving business requirements.
• Strong logical and analytical thinking with a self-motivated approach.
• Excellent communication and interpersonal skills, with the ability to work effectively in a team environment.

Qualifications:

• Bachelors degree in Finance, Business Administration, or related field.
• Relevant certifications in risk management or stock broking systems are preferred.
• Minimum of 4-7 years of experience in the Broking Industry, particularly in RMS roles, or relevant internships.

We have 1 opening for each shift (Total 2 positions)

Morning Shift - 8.30 am to 5.30 pm.

Evening Shift - 3.30 pm to 12.30 pm.