Senior Manager - Risk Management - BFS

Senior Manager - Risk Management

Location: Mumbai

CTC : 20 Lacs pa

Job Responsibilities

- Managing Risk and Surveillance for Retail and Institutional Business in Equities and Derivatives (Equity/ Currency/Commodity)

- Ensure that all matters relating to warning or violations of trading risk limits are communicated and escalated in a timely manner within established governance framework.

- Formulation of Risk & Surveillance policies / limits and monitoring there against.

- Setting-up process and framework for capturing, reporting, tracking and rectification of loss events.

- Identifying key and emerging risk areas; evaluating and quantifying their potential impact.

- Liaison with the business and understand the business requirements & recommend changes in policies and processes to support the business to mitigate risk including operational error

- Manage real time risk during market hours by enhancing / reducing exposure given to clients and dealers, making margin calls and position monitoring.

- Provide inputs in development of software for smooth functioning of day to day operations.

- Detailed analysis of day to day operations & data regarding their payments, position, shortages, ledger balance etc.

- Generate risk reports and take proper action.

- Build relationship with customers and branches; resolve their queries by immediate action and effective solutions, in best interest of the company.

- Take adequate steps to ensure timely receipt of client dues and recovery of bad debts.

- Allot terminal ids to branches and franchisees - reconcile the user id.

- Generate and upload client wise limits as per the parameters decided at the end of the day for cash and F&O segment.

- Give inputs on system / product improvement.

Skills:

- Should have a good aptitude and patience

- Should have leadership skills and be a good team manager

- Should possess good analytical skills

- Should know the broking business

- Should have good communication skills - written and verbal

- Should have job knowledge

- Should have hands on experience with working on terminal

- Well versed with computers

- Certification in equity, derivatives, insurance, commodities, etc

- Ability to understand business and business issues

- Ability to compare risk and reward

- Should be able to work well with different functions and team within Emkay.

- Drive innovation and change

- Knowledge of ALGO Trading will be preferred

Qualification

- Graduate with MBA preferred

Experience

- Relevant: Minimum 8 years in broking industry

- Total: 9+ years professional experience in financial risk

Organizational Relationships

- Reports to: Dy Chief Operating Officer

- Supervises: Risk team

- Coordinates with: Operations Team

- Functional relationship with: IT, KYC, Accounts and Settlement, Branches & Franchisees

Competencies

- Live the company values

- Business Awareness & Market Knowledge

- Customer Centricity

- People Connect

- Personal Effectiveness

- Execution Excellence

All the interested candidates can apply or call on 9867303334

Ravi Suryawanshi
Senior Executive - Search