Derivatives Risk Management Expert

3 days ago


Mumbai, Maharashtra, India Kotak Securities Full time
Job Description:

We are seeking a highly skilled professional to oversee risk management for our algorithmic trading strategies in the Indian capital markets, with a focus on equity derivatives. This role will be responsible for designing and implementing robust risk frameworks to manage real-time exposure across NSE, BSE, and other relevant exchanges.

The ideal candidate should have deep expertise in equity derivatives risk management, quantitative analysis, and trading infrastructure, with a strong grasp of Indian regulatory requirements set by SEBI, and relevant exchanges.

Main Responsibilities:

• Lead the development and execution of business strategies for real-time risk management of HFT in equity derivatives markets

• Monitor market risk, credit risk, operational risk, reputational risk, regulatory risk, surveillance risk, and liquidity risk specific to equity derivatives

• Establish and enforce pre-trade, post-trade, and real-time risk limits aligned with business objectives and regulatory requirements

• Work closely with vendors, clients, internal stakeholders to enhance real-time risk controls while maintaining low-latency execution

• Develop and refine risk monitoring mechanisms and processes

• Implement automated risk alerts and anomaly detection for potential failures

• Ensure adherence to Board approved guidelines for the HFT business, SEBI guidelines, exchange-level regulations

• Develop policies and procedures for regulatory reporting, internal audits, and compliance reviews

• Continuously enhance risk controls based on historical behavior and real-time analytics.

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