Head - Risk Management Services

Head - Risk Management Services

Responsibilities:

- Working towards the achievement of the company's mission while keeping in view its vision, beliefs, and mission statements

- Providing special RC limits and ensuring that the same is updated properly in RMS

- Managing collection of exposal from customers by the end of day

- Investigating suspicious fund transactions by clients as a part of Anti Money Laundering measure

- Checking daily auto sq- off process for cash/F&O

- Ensuring that the collection report is proper updated, maintained, and monitored regularly

- Send a mail to BA/Branches for clearance of sticky codes and sell the stocks if not cleared by them

- Stop/reduce RC limit and client wise exposure if Mark- To- Market is increased in BA/Branch after discussion with HOD

- To check daily Mark- To- Market losses, buying, selling, client wise turnover, short selling, and other such parameters through RMS and take necessary action

- Give guidance to team members for their query/doubts related to risk and surveillance

- Give suggestions and ideas to improve system

- To ensure the compliance of various circulars/notification related to risk and surveillance issued by regulatory authorities

Preferred Skills:

- Sound knowledge and working experience of risk and surveillance regulations

- Good analytical ability to take calculated risks and decisions

- Integrity

- Energetic and initiative taking attitude

- Resilient and stress tolerant

- Adaptable to change

- Detail conscious

- Persuasive and good negotiation skills

- Presentable, with good listening, oral, and written communication skills

Mandatory Exam:

- NISM- Series- VI: Depository Operations

- NISM- Series- VII: Securities Operations & Risk Mgmt.

Key Result Areas:

- Ensuring efficient working of the Risk Department

Key Performance Indicators:

- Monitoring the team performance

- Comparing the Sticky and M2M report v/s brokerage generated and base capital

- Ensuring that % of bad debts v/s brokerage is not more than 50% of the brokerage generated

- Monitoring of suspicious transactions regularly