Head - Risk Management - Trading Operations - FinTech (7-16 yrs)

:Head of Risk Management - Trading Operations (Fintech)

Job Description: Head of Risk Management - Trading Operations

Location: Bengaluru, India

Experience: 7-15 years

Overview:

We are seeking a seasoned professional to lead and manage the risk framework for a cutting-edge trading platform. The ideal candidate will be responsible for ensuring financial integrity while overseeing a robust risk management system for market activities.

This role requires the development of strategies to safeguard the organization from risks related to equity, derivatives, margin trading, and liquidity, as well as ensuring compliance with regulatory requirements.

Key Responsibilities:

- Risk Framework Development: Design and implement risk management structures tailored to equity and derivatives markets, covering systematic and non-systematic risks.

- Derivatives & Margin Trading Oversight: Manage risks associated with futures, options, and margin trading funding. Monitor client exposure and set internal risk limits.

- Liquidity Management: Ensure the company has sufficient liquidity to meet its obligations during both routine and high-stress market scenarios.

- Stress Testing: Create and conduct stress testing scenarios to assess how portfolios perform under extreme market conditions like volatility spikes or downturns.

- Real-Time Monitoring: Continuously monitor market data and key risk indicators to identify emerging risks, providing proactive solutions to mitigate potential threats.

- Risk Limit Oversight: Supervise and ensure adherence to trading and position limits across client portfolios, ensuring compliance with internal guidelines and market regulations.

- Regulatory Engagement: Act as the liaison with regulatory bodies to ensure accurate and timely reporting on market risk exposures.

Major Challenges:

- Balancing Risk and Reward: Strive to maintain a balance between reducing risk and optimizing trading strategies that maximize returns for clients.

- Adaptation to Market Changes: Quickly adjust risk management strategies based on changing market conditions, asset volatility, or new financial instruments.

- Complex Financial Instruments: Develop and enforce effective controls over complex financial products and algorithmic trading strategies.

- Risk Culture: Foster a risk-aware environment by promoting proactive identification and management of risks within the trading team.

Decision-Making Authority:

- Internal Stakeholders: Establish risk limits for internal accounts and approve margin extensions.

- External Stakeholders: Negotiate risk parameters with clearing houses, managing credit risks and exposure linked to counterparties.

Required Skills & Experience:

- Experience: 7-15 years in risk management or a related field, ideally within the trading, financial services, or fintech industry.

- Communication: Strong verbal and written communication skills are essential for presenting risk insights and liaising with both internal teams and external regulators.

- Industry Experience: Preferably with experience in leading risk functions within brokerage firms or platforms

- Technical Skills: Proficiency in financial analysis tools, market data analysis, and risk modeling techniques.

- Regulatory Knowledge: Familiarity with market regulations from bodies like SEBI, BSE, NSE, and other relevant authorities.

- Leadership: Proven ability to lead a team, work cross-functionally with stakeholders, and drive compliance and strategic risk mitigation initiatives.

Compensation & Benefits:

- Compensation: Competitive salary based on experience, including stock options.

- Benefits: Health insurance, performance-based bonuses, and professional development opportunities.