Add office photos
All Filters
6 JK Securities Jobs
RMS Executive
JK Securities
posted 2mon ago
Job Role Insights
Fixed timing
Key skills for the job
Job Description
- Candidate should have fair understanding of security market products (Equity Cash, Equity Futures and Options & Currency Derivatives) and performing of BOD and EOD activities. Candidate is expected to complete the daily BOD activity before market starts and ensure client positions, margins are set up on timely basis and no client impact. Candidate should have hands an experience of independently handling broking risk desk, understanding of Products like CNC, NRML, acceptable collateral with applicable valuations etc.
- Thorough understanding of margin requirement for Cash and Derivatives segment i.e. SPAN, Peak/EOD margin, intraday margin etc. Client set up on trading system, setting up applicable broking rules as per the client segment, updation of margin, margin withdrawal, mapping of restricted security basket to respective category of clients Regular monitoring illiquid, banned securities from exchanges (BSE/NSE) and maintenance of restricted basket for each category of clients present in the RMS. Should be familiar and hands on experience of monitoring of client position on real time basis, margin call process, margin alert, position square off process.
- Candidate is required to closely work with dealing team and risk head for reviewing risk management policy and setting up process for new products or changes. ? It s expected to closely working with Broking Ops team and FO for margining process, tracking and follow up with FO for timely settlements and follow escalation matrix as per risk policy Candidate should ensure that client trades in all segments are executed in compliance with regulatory requirements and risk policy.
- Limit setting up on exchange terminals at entity level in accordance with the capital placed at the exchange, client set up on trading system, monitor the utilization levels in each of the segments and ascertain the total value of exposure to be allowed to the dealers for each of the segments. Ensure BAU is perform
Key Performance Indicators:
- ? Candidate should be able to design & implement robust controls and take corrective actions where necessary. ? Should be expertise in client servicing and a solution provider to the stakeholder as well to this team. Candidate should also able to take additional responsibility to support AML monitoring, working with MLRO on monitoring alerts and closure process, & also able to support reconciliation activity.
Technical Competencies /Skills:
- Fair understanding of regulatory circulars, compliance requirements & regulatory filings of Broking license with Exchanges/SEBI. Knowledge of the securities market (Cash, FNO, CDS and IRF segment) risk management, recons, corporate actions, daily reporting to exchange, collateral management etc. Solid analytical skills with ability to prepare reports/resolve problems Excellent interpersonal skills Operate effectively in a dynamic environment with tight deadlines, and can prioritize one s own work to achieve them CA/ICWAI or equivalent degree in finance Previous experience of independently managing broking risk desk. Fair understanding of regulatory requirements of broking risk management, implementation of new requirements and regulatory filling.
Employment Type: Full Time, Permanent
Functional Areas: Banking/Insurance
Read full job descriptionPrepare for RMS Executive roles with real interview advice
What people at JK Securities are saying
RMS Executive salary at JK Securities
reported by
3
employees
with 4-5
years exp.
₹1.4
L/yr - ₹4
L/yr
5%
less
than the average RMS Executive Salary in India
View more details
What JK Securities employees are saying about work life
based on 16 employees
Strict timing
Monday to Saturday
No travel
Day Shift
JK Securities Benefits
View more benefits
Compare JK Securities with
ICICI Securities
Compare
HDFC Securities
Compare
Kotak Securities
Compare
Axis Direct
Compare
Sharekhan
Compare
Angel One
Compare
Motilal Oswal Financial Services
Compare
Edelweiss
Compare
Reliance Securities
Compare
IIFL Securities
Compare
Bajaj Finserv
Compare
HSBC Group
Compare
Wells Fargo
Compare
JPMorgan Chase & Co.
Compare
Cholamandalam Investment & Finance
Compare
SBI Cards & Payment Services
Compare
BNY
Compare
American Express
Compare
State Street Corporation
Compare
HDFC Sales
Compare
Share an Interview