Risk Management Role - Gift City Segment

Risk Management role for Gift City based client.

Max CTC : 35 lacs

Key Responsibilities:

Build the Risk Framework:

- Create a rulebook (policies/methodologies) for how market risk should be handled.

- Decide how risk is measured (e.g., using VaR, stress tests, etc.).

Spot the Risks:

- Understand what can go wrong in markets (e.g., volatility, interest rate changes).

- Keep a lookout for new risks due to new products or market conditions.

Track and Report Risk:

- Monitor daily and long-term exposures.

- Report risks clearly to top management and committees.

Manage and Control Risk:

- Ensure proper margining (collecting money as a cushion from members).

- Implement rules to reduce exposure to extreme losses.

Stay Compliant:

- Follow all regulatory rules (e.g., from IFSCA or SEBI).

- Submit reports and support inspections.

Collaborate with Others:

- Work with members (like banks or brokers), exchanges, and internal teams.

- Explain risk policies and answer queries.

Model Management:

- Develop and validate financial models used to measure and manage risk.

- Ensure these models are accurate and reliable.

Governance & Reporting:

- Provide timely updates and insights to governance bodies.

- Contribute to refining the overall risk management setup.

Qualifications:

- Postgraduate in Finance/Quantitative field, FRM/PRM preferred.-

- Experience: 10-15 years in market risk, preferably in a clearing house or market infrastructure entity.

- Expertise: Risk modeling, financial instruments (stocks, derivatives, etc.), regulatory frameworks.

- Skills: Strong analytics, leadership, programming (Python/R), communication, and regulatory know-how.