Risk Management Specialist

2 weeks ago


Mumbai, Maharashtra, India Comfort Securities Ltd Full time

**Job Overview**

At Comfort Securities Ltd, we are seeking a highly skilled Risk Management Specialist to oversee and manage our Risk Management System. This individual must possess expertise in risk analysis and mitigation, with a strong understanding of ODIN and Greek software systems.

**Key Responsibilities**

  • Risk Monitoring and Management:
    • Oversight and management of our firm's risk exposure, ensuring alignment with organizational risk tolerance.
    • Development and implementation of risk policies, controls, and reporting mechanisms to monitor trading and market exposure.
    • Continuous monitoring of market movements and assessment of their impact on portfolio risk, especially for derivative and equity positions.
  • Compliance and Regulatory Adherence:
    • Ensure compliance with SEBI, NSE, BSE, and other relevant regulations.
    • Preparation and presentation of regular reports on risk exposures and control effectiveness to the compliance team and upper management.
    • Coordination with external auditors and regulatory bodies, ensuring that risk management practices meet industry standards.
  • Cross-functional Collaboration:
    • Close collaboration with the trading, operations, compliance, and IT teams to identify and mitigate potential risks in trading and execution.
    • Act as the key liaison between front and back office to ensure efficient and compliant processes.
    • Training of relevant teams on risk management tools and practices.
  • Performance and Risk Analysis:
    • Conduct risk assessments on portfolios and client accounts, identifying potential high-risk scenarios.
    • Analysis of historical data and current trends to forecast potential market risks.
    • Development and implementation of strategies to mitigate portfolio risk, including setting limits and conducting stress tests.

Qualifications:

  • Bachelor's degree in Finance, Economics, Business, or a related field; Master's or professional certification (e.g., CFA, FRM) is a plus.
  • Minimum 5 years of experience in risk management, ideally within a broking firm or financial services.

Estimated Salary: $120,000 - $180,000 per annum, depending on qualifications and experience. We offer a competitive salary package, excellent benefits, and opportunities for career growth and development.

This role requires strong analytical skills, proficiency in ODIN and Greek software, and up-to-date knowledge of regulatory requirements within the broking industry. If you are a motivated and detail-oriented professional with a passion for risk management, we encourage you to apply for this exciting opportunity.



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