Manager - Trading Terminal Commodity Risk

2 weeks ago


Mumbai, India Nuvama Group Full time

Role overview:Be part of Terminal Risk team expected to perform duties like Limits setting at dealer and client Level,rules setting as per clients/dealer requirements, monitoring clients position and blocking unblocking of ban scrips, symbols under tender period, CTCL creation/modification and other relevant activities for retail and Institutional clients.Experience: Having min 5+ years’ experience in Risk Management team of prominent Broker, having handled large volume of HNI clientsRoles and Responsibilities:- Monitoring & mitigation of the clients Risk- Communication and co-ordination between various stakeholders to highlight the risk & take action wherever possible- Must be aware of the functioning of Trading platform, exchange penalty rules and limit setting criteria. Preferable having 6 to 7 years working experience on trading platforms like Omnesys/Greek/ODIN/ Kambala in Risk Management team of prominent commodity broker- Should be aware of CTCL – creation and user upload formalities of Exchange- Should possess knowledge on process of Delivery Marking on MCX and NCDEX- Should possess knowhow on blocking / disallowing trades during Tender period- Should have hands on handling Corporate / Direct / Admin Terminals incld MCS and MTS terminals of MCX- Should possess knowledge of process for Code / Trade Modification process in MCX and NCDEX- Should be capable of framing internal risk policies as per changes mandated by regulator from time to time.- Review of risk management policies including the quantification of our risk appetite through specific risk limits- Communication with various teams like audit/exchange and should be capable of sorting queries raised from time to time.Requirements:- Should be ready to work in shifts- Prepare periodic analysis for reporting to senior authorities- Process improvement & Automation- Should have know how on position square-off process in case of contingencies where in TWS/Admins are down- Should reasonably be aware of how TWS operates and have functional knowledge on Limit Setting Branch wise/ CTCL wise/ Scrip Wise.- Should be aware of process of setting Single Order Qty/Value Limit of Users, password reset etc.- Should be fully aware of margining system followed by Exchange for Marginable and Non-Marginable clients- Should possess knowledge of margin reporting process and rules related to levy of SPAN, Exposure, Additional Margin and Peak Margin levied by Exchange- Should be aware of Warehousing rules and regulationQualification:Graduate/Post Graduate in any discipline – preference will be given to MBA (Finance)/CFA/CA



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