Risk development officer for a broking company at Colaba, Mumbai @ Visishta Consulting

Role Risk development officer

Company Broking company

Location Colaba Mumbai

Exp 2+yrs

Male

JD

Our Client is a full-service broking firm that offers multiple investment products to customers for trading in Equities, derivatives, commodities, currency, and IPO segments via NSE & BSE. The company caters to Retail & Institutional clients, supported by our research teams that deliver timely technical analysis for stocks and in-depth fundamental advice. NRI Desk caters to the investment needs of NRIs worldwide. They offer investment products such as Bonds, NCD, Gold Sovereign Bonds, RBI Bonds, Mutual funds, ETF, Insurance- Life & Non-Life, Corporate Fixed deposits, Loan against Shares & Demat services. They also offer tailor-made investment solutions to clients based on their financial needs and goals. A preferred trading partner with Bank of India across its branches in India to offer its clients equity trading 3-in-1 accounts. Established in 1997, headquartered in Mumbai has over 150+ locations in India.
Job Title: Risk Development Officer Broking industry - Mumbai
Job Responsibilities
Understanding of recent changes on SPAN Margin, Cash margin and peak margin by SEBI
Monitoring Rejections, analysis and Giving Exposure
Monitoring & Maintaining Margins at Exchange Levels.
All processes relating to Margin Collection & reporting
Liquidation of Position for MTM Loss, Margin Shortfall, Long time debits.
Operational Risk Management related to Margin Funding and reporting
Identify and implement Commodity Risk processes with proper Regulations.
Managing Data for SEBI Audit, Exchange audit, Internal Audit.
Prepare various types of MIS Reports, Limit setting, Ageing report, Margin shortfall report, Scrip wise limit setting etc.
Creation of all Exchanges CTCL Ids, NEAT Ids at Exchange Level & Various Trading Platforms.
Update on the new Circulars, Rules and Regulations, implementation on that
To mitigate market volatility by tightening margin requirement according to market conditions
Development and automation of prudent risk system.
Review and analyze trading alerts generated from surveillances system & Exchange.
Communication with client and Branches, sub-broker etc. about training, resolving queries and guiding on it.
Fulfillment of Regulatory aspects of NISM certifications for CTCL allotment and its updating with the exchanges and replacement on expiry
Updating on various exchange and back office portal
Proper Co-ordination between inter department and Dealers
Key Skills:
Excellent verbal & interpersonal communication skills,
Optimistic attitude and right approach towards problem solving
Should have knowledge of operating Basic software (Ms Office esp. Excel,)
Mandatory:
Candidate should have updated and sound knowledge of RISK Monitoring
Sufficient knowledge of Commodity/Equity Risk Management
Industry: Broking Industry
Gender: Male only
Experience: 2-4 years in Risk
Job Location: Colaba, Mumbai
Working Days: 6 days
Qualification: Graduate
CTC: upto 3.6 LPA
Notice Period: Immediate to 30 days
Relocation candidates: No

IF you are interested please share your resume with current ctc expected ctc notice period to [Confidential Information]

KSRRAO

VISISHTACONSULTING

ph 8008379***