Chief Risk Officer - Stock Broking/Securities Business

Job Role and Responsibilities:

- This role is responsible for making all the decisions on risk management issues that impact the strategic direction of the company.

- Provide analytical support to leverage business within the ambit of managed risk.

- Develop risk-related plans, and policies and formulate strategies to comply with the regulation and mitigate risks.

- To design, develop, and implement risk management systems to minimize risk and fraud incidences and time to time evaluating and updating mechanisms.

- Exhibits business process knowledge and provides solutions for business progress. Adapt and initiates change in the organization.

- Oversee, and successfully run the risk management function of the org Group with all exchanges across all segments.

- Developing strategies to work on funds and exposure distribution management for branches, sub-brokers and clients.

- Identifying areas for fund exposure and extending limits to encourage high business volume resulting in high revenue generation, keeping in mind risk areas.

- Ensure that all penalties are avoided in F&O & commodity segments.

- Take immediate actions for managing requisite margin money with all exchanges during trading hours based on indications from E- protector - exchange surveillance system.

- Developing and mentoring team members for knowledge and skill enhancement.

Qualification and Experience:

Master's Degree MBA Or CS or CA

12+ years of experience in relevant areas of Credit and Operational Risk from Stock Broking or Securities background.