Strategic Risk Assurance Specialist

5 days ago


Navi Mumbai, Maharashtra, India Reliance Industries Limited Full time

Job Summary: We are seeking a highly skilled Strategic Risk Assurance Specialist to join our Reliance Industries Limited team. In this role, you will be responsible for ensuring the validation of physical and paper deals, regulatory compliance, and risk management across the R&M business.

The key responsibilities of this role include:

  1. Validation of Physical and Paper Deals: Independently validate term proposals of all physical deals received from Trading and value hedging & view-based derivative proposals.
  2. Commodity Trading Risk Management: Review and report pricing exposure for commodity trades.
  3. Risk Management and Compliance: Ensure compliance of deals with internal policies, limits, and mandates/authority levels of the trader.
  4. Regulatory Compliance: Ensure RBI regulatory compliance relating to derivatives and disclosures on commodity hedging and SEBI corporate governance.
  5. Performance Review: Review trading desk P&L & performance report with detailed analysis.
  6. Hedge Accounting: Review of MTM reports, exception reports, value-at-risk report, GFRC report, and hedge effective report.
  7. Daily Exposure Measurement: Daily exposure measurement and advice to Trading for flat price hedging.
  8. Statutory and Internal Audit: Facilitate statutory & internal audit and address audit inquiries.
  9. Process Improvement: Identify limit breaches, policy deviations, and operational exceptions and escalate them accordingly.
  10. Process Controls: Review process controls & work towards improvement & automation.

Required Qualification: MBA from top-ranked colleges.



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