Risk Head - BFSI

Job Description

Position Title : Risk Head

Department : Business Operations

Location : Mumbai

Reporting to : Operations Head

Job Purpose

- Manage the online, offline and credit risk for the entire organization.

- Supervise and mentor the risk team to ensure efficient implementation of processes

- Liaison with the business and understand the business requirements & recommend changes in policies and processes to support the business.

Key Deliverables

- Lead the all India Risk team (8 Direct Reportees and total team size of 75 spread across India)

- Define and monitor the processes for managing the credit exposure through customer limits for trading in equity, derivatives, currencies and commodities

- Monitoring and dynamic grading of stocks in A, B, C and D category

- Defining the margins to the customer based on his stock portfolio

- Defining the stock price point at which automatic squaring off is triggered in the event of a stock price dropping sharply

- Identification of key risk areas, ideation and creation of risk framework, risk policy, risk limits and monitoring mechanisms.

Wealth and Asset Management

- Evaluation and approval of products, tracking performance, client suitability analysis, fund performance and attribution analysis.

Equity risk management

- Evaluation and approval of long term equity investments

- Monitoring short term proprietary trading positions (including option greeks), Performance evaluation (including critical ratios) for Alternate Investment equity fund.

Broking

- Monitoring of client positions and taking calls for action on client positions.

- Loan against Shares

- Evaluation and approval of customer proposals

Job Requirements

Qualifications & Experience

CA / Full Time MBA

12 - 16 years of work experience

Functional Competencies

- In-depth understanding of Risk Management in the Broking sector.

Behavioural Competencies

- Strong communication & presentation skills

- Strong networking & relationship building skills

- Independent and timely decision making

Functional Excellence

will only consider Broking sector and Mumbai residents.