Commodity Risk Manager

19 hours ago

Mumbai, Maharashtra, India Nuvama Group Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Role: Commodity Risk Manager

Location: Mumbai - BKC

Reports To: Head Risk Management / Compliance

Position Summary:

We are looking for an experienced Commodity Risk Manager to join our Terminal Risk team. The role involves real-time monitoring and mitigation of risk across retail and institutional clients, managing dealer/client limits, terminal controls, CTCL operations, exchange compliance, and managing risks during high-volatility events like tender periods.

Key Responsibilities:

Core Functional Duties:

  • Set up and manage trading limits at the dealer and client level
  • Frame and implement trading rules as per client/dealer requirements
  • Monitor client positions and overall exposure, especially during peak risk periods
  • Manage blocking/unblocking of banned scrips and symbols under tender period
  • CTCL creation/modification and user uploads for Exchanges
  • Handle delivery marking processes for MCX and NCDEX
  • Monitor MCS and MTS terminals, including Corporate / Direct / Admin terminals
  • Coordinate trade modifications and code changes on MCX and NCDEX
  • Ensure risk control actions like squaring off positions during system outages

Compliance & Exchange Interaction:

  • Ensure adherence to SEBI, Exchange, and Internal risk management policies
  • Keep updated with exchange circulars and incorporate required changes
  • Coordinate with exchanges, auditors, and internal stakeholders for queries or audits
  • Manage margin reporting: SPAN, Exposure, Additional and Peak Margins
  • Oversee warehousing rules, margining system, and reporting requirements

Strategic & Analytical Contributions:

  • Review and update internal risk management policies
  • Frame risk appetite limits in alignment with regulatory norms
  • Conduct risk analysis and MIS reporting for senior management
  • Identify and implement process automation and system enhancements

Job Requirements:

Qualifications:

  • Graduate/Postgraduate in Finance, Commerce, or related discipline
  • Preferred: MBA (Finance), CFA, CA

Experience:

  • Minimum 3- 7 years of experience in Commodity Risk Management
  • Must have worked with prominent brokers with high HNI/volume exposure
  • Hands-on experience with trading platforms like Omnesys, ODIN, Greek, Kambala

Technical & Domain Expertise:

  • Sound knowledge of CTCL, trading limits, and tender period handling
  • Familiarity with margining systems, order controls, exchange penalty rules
  • Awareness of warehousing rules and commodity delivery mechanisms

Behavioral Competencies:

  • Quick learner with a proactive attitude
  • Strong coordination and communication skills
  • Comfortable working in a shift-based environment
  • High attention to detail and ability to work under pressure
  • Strong analytical and problem-solving skills

Preferred Attributes:

  • Exposure to managing large risk books or critical client portfolios
  • Ability to work collaboratively with cross-functional teams
  • Experience handling exchange inspections and audits

  • Commodities Risk Manager

    1 week ago

    Mumbai, Maharashtra, India Aikyam Capital Private Limited Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Company DescriptionAt Aikyam Capital, we bridge the gap between global ambition and Indian opportunity by providing seamless, end-to-end solutions for local and global investors. Headquartered in Mumbai with a presence in GIFT City, our team offers expertise in fund structuring, investment banking, stressed asset management, and institutional broking &...

  • Commodities Risk Manager

    19 hours ago

    Navi Mumbai, Maharashtra, India AXIS DIRECT Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job Overview:The Commodities Risk Manager will be responsible for the identification, measurement, monitoring, and mitigation of risks associated with the organizations commodity trading activities on MCX and NCDEX platforms. This role plays a critical part in ensuring compliance with SEBI and exchange regulations, as well as internal risk management...

  • Commodity Risk Manager- Metals

    6 days ago

    Mumbai, Maharashtra, India Drip Capital Full time ₹ 25,00,000 - ₹ 60,00,000 per year

    Position: Commodity Risk Manager – Metals About Drip Capital We are a US-based fintech company revolutionizing global trade for SMEs. At Drip Capital, we're redefining the future of trade finance and facilitation, empowering small and medium-sized enterprises (SMEs) to scale internationally with ease. With the global SME trade market exceeding $5...

  • Commodity Dealer

    4 days ago

    Mumbai, Maharashtra, India Revaz Capital Full time ₹ 2,75,000 - ₹ 3,75,000 per year

    Job Posting Commodity Dealer**Job Title:** Commodity Dealer – MCX / Stock Market Trading**Company:** REVAZ CAPITAL**Location:** MUMBAI, MAHARSAHTRA**Employment Type:** Full-time – EVENING SHIFT 5 PM TO 12 AM**Salary:** 2.75 Lakhs to 3.75 Lakhs PAJob Description:We are looking for an experienced Commodity Dealer (MCX) to join our trading desk. The...

  • Commodities Portfolio Pricing

    2 days ago

    Mumbai, Maharashtra, India Millennium Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    We are seeking a highly motivated and analytical Commodities Pricing & Valuations Specialist to join a growing global team at Millennium. This is a high-impact, dynamic and fast-paced role offering broad exposure across commodity asset classes and strategies globally. You will work to control and support a platform that manages positions and produces...

  • Multi - Commodity Trader

    5 days ago

    Mumbai, Maharashtra, India Navjyot International Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job Summary:We are seeking a highly analytical and driven Multi-Commodity Trader to manage and execute trades across various commodity markets such as rice, maize, millets, soybean, cotton, seeds, pulses commodities. The ideal candidate will have a strong understanding of global market dynamics, risk management, and trading strategies. This role requires...

  • Commodity Manager

    4 days ago

    Mumbai, Maharashtra, India Sharekhan Full time ₹ 5,00,000 - ₹ 15,00,000 per year

    Direct ResponsibilitiesGrowth of Revenue and Market Share.Assigned Business Partners should have Commodity Terminal.Travel across assigned branches at regular interval.Should ensure the Commodity/Currency RMs of his region fulfill Organizational Goal of Revenue Generation.Overall, your region should fulfil Organizational I/E GoalTo ensure proper mapping of...

  • Quantitative Research-Commodities

    2 weeks ago

    Mumbai, Maharashtra, India JPMorganChase Full time US$ 1,50,000 - US$ 2,00,000 per year

    Job DescriptionAre you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view. As a Quantitative Research, Commodities Associate/ Vice President, you will partner with traders, technology...

  • Commodities Institutional and Corporate desk

    1 week ago

    Mumbai, Maharashtra, India Nirmal Bang Securities Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Role & responsibilitiesAcquire, develop, and retain institutional and corporate clients for commodity products including metals, energy, and agriculture.Execute trades, negotiate terms, and handle booking and pricing processes.Analyze market drivers, prepare investment proposals, and advise clients on commodities and derivatives strategies.Structure and...

  • Agri Commodity Trader

    3 weeks ago

    Mumbai, Maharashtra, India Abans Finserv Full time

    Abans Financial Services Ltd. is a listed, diversified financial services company offering a comprehensive suite of solutions across broking, commodity trading, asset management, financing, and investment advisory . Headquartered in Mumbai, the company operates with a strong presence in both Indian and global markets, serving institutional, corporate, and...