HDFC Securities - Head - Risk/Surveillance & Operations

We are looking for who will own the firm's risk management framework, trade surveillance program, and broking & depository operations across cash, F&O, currency, commodities, and distribution businesses.

The role is responsible for ensuring robust controls, full regulatory compliance (SEBI/Exchanges/Depositories), high platform resiliency, and frictionless client operations at scale.

Key Responsibilities:

Risk and Surveillance:

- Risk management - monitoring client exposures - Equity Derivatives, Commodity Derivatives Client Margin Trading Funding.

- Good understanding of Margin framework of clearing corporations, including peak margin, end of day margins, allocation and begin of day margins and handling of compliance with respect to it.

- Understanding of broking business and areas of business in which broking operations operate.

- Surveillance requirements as well as PMLA requirements understanding.

- Good understanding of technology and related software for better understanding and use of the same.

- Enterprise level risk management covering QSB related requirements.

- Policies with respect to acceptance of Collateral , Haircuts , Margin Trading Funding securities and upfront margining.

Key Responsibilities: Operations:.

- Retail Operations including settlement of Funds and Securities, processing of trades and handling of entire back office systems for 2 platforms.

- Institutional Operations end to end , liasoning with custodians for settlement of trades.

- Operations pertaining to NPS , other third party product reconciliations.

- Handling of compliance related queries pertaining to Inspection by SEBI , Exchanges and Depositories for the operational part.

- Depository Operations handling - end to end for CDSL.

- Entire KYC operations including KRA , CKYC , updation of client records and UCC.

Required Skills & Experience.

- 15+ years of experience in Risk Management, Broking operations.

- Strong understanding of Indian financial markets, trading platforms, and regulatory environment.

- Excellent leadership, negotiation, cross function collaboration and stakeholder management skills.

- Understanding of TCS / Trackwizz systems is an added advantage.

- Ability to work in a fast-paced, data-driven, and results-oriented environment.