Lead Risk Assurance Specialist

1 week ago


Navi Mumbai, Maharashtra, India Reliance Industries Limited Full time
About the Role

We are seeking a seasoned Lead Risk Assurance Specialist to join our Middle Office team at Reliance Industries Limited. This is an exciting opportunity for a highly motivated individual to take on a leadership role in refining and manufacturing risk assurance, ensuring regulatory compliance, and driving business growth.

Key Responsibilities
  1. Risk Validation: Independently validate term proposals for physical deals received from Trading, including hedging and view-based derivative proposals.
  2. Pricing Exposure Monitoring: Review and report pricing exposure for commodity trades, ensuring timely identification of potential risks.
  3. Compliance and Governance: Ensure that deals comply with internal policies, relevant limits, rolling plans, grade requirements, and authority levels, while maintaining RBI Regulatory compliance and SEBI corporate Governance standards.
  4. Performance Analysis: Review trading desk P&L and Performance reports with detailed analysis, providing actionable insights for business improvement.
  5. Hedge Accounting and Risk Management: Review MTM reports, exception reports, Value At Risk reports, GFRC reports, and Hedge effective reports to ensure accurate hedge accounting and optimal risk management.
  6. Daily Exposure Measurement: Conduct daily exposure measurement and advise Trading on flat price hedging strategies to minimize risk exposure.
  7. Audit Support: Facilitate statutory and internal audits, addressing audit inquiries and implementing process improvements.
  8. Process Controls and Automation: Identify areas for process control improvement and automation, driving efficiency and productivity gains.
Requirements

To be successful in this role, you will need:

  • MBA from top-ranked colleges
What We Offer

We offer a competitive salary package, commensurate with experience, along with opportunities for professional growth and development in a dynamic and challenging environment.



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