To strengthen and streamline the Risk Management System (RMS) and Surveillance Function within a financial services or capital markets organization.
Key Responsibilities:
Comprehensive knowledge of exchange-traded derivative products especially pertaining to underlying Equity.
In-depth understanding and practical knowledge of various products (MIS, NRMLMTF .), market segments and role of risk management/ risk governance processes in the capital markets.
Detailed understanding of Allocation and complete RMS processes related to exchange, trading workstation and risk middleware.
Experience in handling the Surveillance Function.
Analytic ability to quickly identify the root cause of a problem, communicate the issue, recommend solutions and formulate a clear plan of action so as to ensure the issue is ironed out completely.
Conducting User Acceptance Testing ( UAT ) of systems for risk-related upgrades and enhancements including preparation of business requirements.
Develop risk-related plans and formulate strategies to minimize and mitigate risks
Should have the ability to scale RMS-Ops section through automation and take ownership of that project by closely monitoring the progress of the project and completion of the same.
Preparing various regulatory/non-regulatory compliance/submissions to respective exchanges.
Managing process related to Internal and External Audit with accurate and timely submission of data.
Formulating, maintaining, and updating the register of Risk Policies, Frameworks & Procedures and ensuring version control
Carrying out various stress tests including a credit stress test, backtest, liquidity backtest, reverse stress testing, adequacy of financial resources, etc.
Calculating and updating the quantum of resources required in the Core Settlement Guarantee Fund and Default Waterfall
Troubleshooting issues occurring in Live Environment and resolving them in a timely manner.
Providing necessary clarifications to the member queries and extending support on risk-related matters.
Building and maintaining relationships with potential and current members.
Extending support, guidance, and regular training to members.
Co-ordinating with respective vendors for further developments
Well-versed with MS Excel
Educational Qualifications And Experience:
A minimum of 12+ years of overall experience in a broking firm.