RMS Manager

Job Overview.
The RMS Manager will play a critical role in overseeing and managing the Risk Management System for a leading, publicly listed broking firm.
This individual must be highly skilled in risk analysis and mitigation, with particular expertise in using ODIN and Greek software systems.
The RMS Manager will ensure compliance with regulatory requirements, optimize risk protocols, and coordinate with different teams to maintain robust risk oversight across all trading activities.
Key Responsibilities.
Risk Monitoring and Management.
Oversee and manage the firm's risk exposure, ensuring alignment with organizational risk tolerance.
Develop and implement risk policies, controls, and reporting mechanisms to monitor trading and market exposure.
Continuously monitor market movements and assess their impact on portfolio risk, especially for derivative and equity positions.
ODIN and Greek Software Utilization.
Utilize ODIN and Greek software for managing trading and risk management activities.
Ensure accurate data integration, reporting, and risk calculations within these systems.
Provide expertise in system functionalities, including order management, surveillance, and risk metrics calculation, to optimize operational efficiency.
Compliance and Regulatory Adherence.
Ensure the firms trading and risk management activities are compliant with SEBI, NSE, BSE, and other relevant regulations.
Prepare and present regular reports on risk exposures and control effectiveness to the compliance team and upper management.
Coordinate with external auditors and regulatory bodies, ensuring that risk management practices meet industry standards.
Cross-functional Collaboration.
Work closely with the trading, operations, compliance, and IT teams to identify and mitigate potential risks in trading and execution.
Act as the key liaison between front and back office to ensure efficient and compliant processes.
Train relevant teams on risk management tools and practices.
Performance and Risk Analysis.
Conduct risk assessments on portfolios and client accounts, identifying potential high-risk scenarios.
Analyze historical data and current trends to forecast potential market risks.
Develop and implement strategies to mitigate portfolio risk, including setting limits and conducting stress tests.
Qualifications.
Education: Bachelors degree in Finance, Economics, Business, or a related field; Masters or professional certification (e g, CFA, FRM) is a plus.
Experience: Minimum 5 years of experience in risk management, ideally within a broking firm or financial services.
Skills.
Proficient in ODIN and Greek software with hands-on experience in trading risk management.
Strong analytical skills and a solid understanding of derivatives, equities, and other financial products.
Up-to-date knowledge of regulatory requirements within the broking industry.
Key Competencies.
Analytical Thinking: Ability to interpret complex data and assess risk implications.
Attention to Detail: High level of accuracy in managing and monitoring risk controls.
Communication Skills: Ability to communicate effectively with cross-functional teams and regulatory bodies.