Risk Management Specialist

3 weeks ago


Gujarat International Finance TecCity, India Tower Research Capital Full time
Job Summary

Tower Research Capital is seeking a highly skilled Risk Associate to join our team. As a Risk Associate, you will be responsible for providing risk oversight for the India trading activities of the firm by focusing on electronic, market, and operational risk. You will assist the regional Head of Risk in overseeing and managing risk for the regional trading activities, controlling both electronic trading risk and market risk of strategies in real-time, and escalating, reporting, and resolving any risk-related issues in a timely manner. You will work closely with the Portfolio Managers, Traders, Core Engineering team, and Prime Brokers to respond effectively to any risk limit violation and resolving any trading-related issues. Additionally, you will assist Risk Management and Risk Technology teams to enhance the electronic trading risk controls and design the next generation of risk management and trading supervision systems. You will conduct ad-hoc risk analysis and back-testing on a regular basis.

Responsibilities
  • Provide risk oversight for the India trading activities of the firm by focusing on electronic, market, and operational risk.
  • Assist the regional Head of Risk in overseeing and managing risk for the regional trading activities.
  • Control both electronic trading risk and market risk of strategies in real-time, and escalate, report, and resolve any risk-related issues in a timely manner.
  • Work closely with the Portfolio Managers, Traders, Core Engineering team, and Prime Brokers to respond effectively to any risk limit violation and resolve any trading-related issues.
  • Assist Risk Management and Risk Technology teams to enhance the electronic trading risk controls and design the next generation of risk management and trading supervision systems.
  • Conduct ad-hoc risk analysis and back-testing on a regular basis.

Requirements
  • An academic degree in Engineering, Mathematics, Computer Science, or equivalent quantitative disciplines. A Master's degree will be given additional preference.
  • At least 1 to 3 years of experience in an electronic trading risk role gained with a quantitative proprietary trading group, systematic hedge fund manager, or sell-side electronic trading role.
  • Experience with algorithmic trading and low-latency electronic risk controls is preferable.
  • Knowledge of global equities, futures, and options.
  • Understanding of regional (India) exchange-specific rules and regulations.
  • Desire to continuously learn and proactively challenge the status quo to improve existing processes.
  • Solid track record of working with senior management, compliance, business management, and technology teams.
  • Python and database proficiency, C++ and similar languages advantageous.
  • Strong problem-solving skills and attention to detail.
  • Excellent written and verbal communication skills.

Benefits
  • Competitive salary and performance-based bonuses.
  • 5 weeks of paid vacation per year.
  • Breakfast, lunch, dinner, and snacks on a daily basis.
  • Cab facility within Gurgaon.
  • Health club allowances.


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