Risk Manager - Options Trading Desk

We are looking forward for a suitable candidate for the position of Risk Manager - Options Trading Desk with in-depth knowledge of the Indian equity and index options market. The ideal candidate will have hands-on experience working at a proprietary trading desk, brokerage, or a derivatives trading firm, and will be responsible for monitoring all trading activity, managing real-time exposure, and ensuring strict adherence to internal limits and regulatory frameworks.

Key Responsibilities:

- Monitor live trading positions and risk exposure of all traders via admin or RMS terminals.

- Ensure all trading activity is within defined exposure and VAR, product-level, and PnL-based limits.

- Identify and promptly escalate any breach of limits, unusual positions, or unauthorized activity.

- Stay consistently updated on SEBI, NSE and BSE circulars related to margin requirements, position limits, exposure norms, and clearing regulations.

- Implement and maintain compliance with all exchange-mandated and internally set risk controls.

- Coordinate with operations for margin and clearing-related activities.

- Prepare and share intra-day and end-of-day risk summaries and analytics.

- Contribute to improving the firm's overall risk monitoring systems and policies.

Key Requirements:

- 3-7 years of relevant experience in risk management or trading, preferably at a proprietary trading desk, brokerage, or derivatives trading firm.

- Strong understanding of options trading, including pricing, Greeks, and volatility.

- Deep familiarity with real-time risk systems, margin frameworks, and position monitoring tools.

- Proven ability to interpret and apply SEBI/NSE circulars related to derivatives trading and clearing.

- Comfortable working in a fast-paced, high-pressure trading environment.

- Strong Excel skills; proficiency in tools like Python, R, or SQL is a plus.

- Excellent communication and decision-making skills.

Preferred Qualifications:

- Bachelor's or Master's degree in Finance, Engineering, Statistics, or related fields.

- Certifications such as CFA, FRM, NISM-Series VIII (Equity Derivatives) are advantageous.

Location- Kolkatta