Chief Risk Management Officer

Job Overview

We are seeking an experienced Head – RMS to lead and oversee all risk management, margin, fund allocation, and compliance-related activities within the stockbroking operations. The role requires hands-on expertise in securities operations, intraday risk monitoring, margin systems, fund segregation, and clearing operations.

The candidate must demonstrate strong ownership, sound decision-making, and the ability to ensure regulatory compliance while keeping all stakeholders informed of critical risk-related matters.

Key Responsibilities

Margin & Risk Monitoring

• Conduct margin verification in N-MASS during market hours.
• Monitor risk exposure continuously throughout trading hours.
• Track and address limit violations in trading terminals in real time.
• Monitor and report peak margin utilization and shortages.
• Initiate intraday square-off actions where required to mitigate risk.

Fund Management & Allocation

• Ensure fund allocation at Beginning of Day (BOD) and End of Day (EOD).
• Perform intraday fund allocation and segregation during market hours.
• Ensure proper segregation of client and proprietary funds as per regulatory norms.
• Process fund payouts for both client and proprietary accounts.
• Report fund shortages and margin positions in N-MASS.

Client & Account Management

• Open and close client accounts in the XTS terminal.
• Manage and activate client trading limits in XTS as required.
• Maintain accurate client mapping records.
• Create and maintain Pro and Dealer IDs.

Operations & Compliance

• Maintain trading backups of client activities post 4:00 PM.
• Ensure compliance with SEBI, exchange, and regulatory guidelines.
• Coordinate with internal teams and stakeholders on risk-related matters.
• Ensure timely communication of exceptions, risks, or non-permissible activities.

Clearing & Settlement

• Experience working with third-party clearing members such as Globe, SMC, or similar entities.
• Ensure smooth coordination for settlement, margin reporting, and compliance requirements.

Key Skills & Competencies

• Strong expertise in securities operations and risk management systems.
• In-depth understanding of margin systems, fund segregation, and peak margin norms.
• Hands-on experience with N-MASS, XTS, and trading terminals.
• Excellent analytical, decision-making, and problem-solving skills.
• Ability to take ownership of tasks and make decisions within prescribed guidelines.
• Strong communication skills to ensure all stakeholders are well informed.

Mandatory Requirements

• 5–8 years of proven experience in the stockbroking industry.
• Mandatory NISM Series VII – SORM certification.
• Prior experience in RMS, securities operations, and clearing & settlement.