Risk Management System
The RMS will assist in overseeing and managing the Risk Management System (RMS) operations within the Stock Broking vertical. This role involves ensuring compliance with regulatory requirements, maintaining surveillance on trading activities, and enhancing reporting mechanisms to mitigate risk effectively.
Key Responsibilities:
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BOD & EOD Management: Cross-checking Beginning of Day (BOD) processes for all segments before the market opens.
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Terminal & Client Activation/Deactivation: Managing activation and deactivation of trading terminals and investor clients.
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Query Resolution: Addressing and resolving daily operational queries promptly.
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Surveillance Margin Monitoring: Keeping track of Additional Surveillance Margin (ASM) and reporting to the Head of Department (HOD).
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GSM & Illiquid Scrip Blocking: Timely blocking of GSM and illiquid scrips within the trading system.
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RMS Blocking: Implementing RMS blocking for debit accounts, far-month contracts, and illiquid scrips.
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MTM Monitoring: Tracking MTM alert violations, monitoring MTM net positions, and executing square-off processes upon triggered MTM losses.
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Intraday Position Management: Ensuring square-off of all intraday positions through Timer Square Off for all segments.
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Limit Supervision: Supervising assigned client limits, including Base Limits and Intraday Limits.
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Coordination: Collaborating with various internal teams to streamline operations.
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Position Surveillance: Monitoring script-wise and client-wise positions, simulated trades, script concentration, etc.
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Contract Monitoring: Keeping track of tender period contracts across all segments and managing the straggled delivery mechanism process.
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Compliance Implementation: Ensuring successful implementation of exchange and depository-related compliance requirements.
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Reporting Enhancement: Improving supervisor reporting, including client fund, collateral, and security balance reports (weekly).
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Margin Reporting: Conducting daily margin reporting for all segments.
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Quarterly Settlements: Managing quarterly settlements of accounts, dormant & inactive processes, and CTCL empanelment.
Skills & Knowledge:
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Strong knowledge of admin functionality.
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Understanding of BOD & EOD processes, limit setting, and RMS procedures, with the ability to adapt to evolving technology.
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Knowledge and relevant experience in capital markets (Equity, Derivatives, Commodity, Currency) segments.
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Experience in assessing risk across various segments and products.
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Proactive in implementing measures to mitigate risk.
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Ability to develop and automate process improvements to meet changing business needs.
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Logical thinking and self-motivation.
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Excellent communication skills and the ability to work effectively within a team.
Qualifications:
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Bachelor’s degree in Finance, Business Administration, or related field.
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Relevant certifications in risk management or stock broking systems are preferred.
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Minimum of 1-2 years of experience in the Broking Industry, particularly in RMS roles, or relevant internships.
Why You’ll Love Working Here
We’re a team that hustles—plain and simple. But we also believe life outside work matters. No cubicles, no suits—just great people doing great work in a space built for comfort and creativity.
Here’s what we offer:
💰 Competitive salary – Get paid what you’re worth.
🌴 Generous paid time off – Recharge and come back sharper.
🌍 Work with the best – Collaborate with top-tier global talent.
✈️ Adventure together – Annual offsites (mostly outside India) and regular team outings.
🎯 Performance rewards – Multiple bonuses for those who go above and beyond.
🏥 Health covered – Comprehensive insurance so you’re always protected.
⚡ Fun, not just work – On-site sports, games, and a lively workspace.
🧠 Learn and lead – Regular knowledge-sharing sessions led by your peers.
📚 Annual Education Allowance – Take any external course, or certification that makes you better
at your craft.
🏋️ Stay fit – Gym memberships with equal employer contribution to keep you at your best.
🚚 Relocation support – Smooth move? We’ve got your back.
🏆 Friendly competition – Work challenges and extracurricular contests to keep things exciting.