Risk Lead

16 hours ago

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

As a Risk Lead for Equity Derivatives, you will play a key role in Millennium's Risk Management team. Your job will focus on building and improving risk frameworks, developing quantitative models, and ensuring effective risk management for equity derivatives portfolios. You'll work closely with other teams, mentor junior talent, and drive innovation in risk measurement. The candidate should have a degree in a quantitative major: statistics, mathematics, engineering, and professional experience of 8-10 years in a quantitative role in a financial organization, Your responsibilities will include:

Strategic Leadership

  • Risk Framework: Help develop the risk framework for equity derivatives, improving metrics, valuation methods, and fixing any issues with risk measurement.

  • Insights Integration: Use your understanding of portfolio managers' strategies to improve risk management tools.

Team Collaboration

  • Cross-Team Work: Collaborate with technology, risk, portfolio, and business teams to align risk frameworks with company goals.

  • Tech Integration: Work with the Technology team to ensure models are accurate and efficient in production systems.

Quantitative Model Development

  • Research Leadership: Lead research to create advanced models for risk measurement and valuation.

  • Framework Optimization: Build or improve tools to measure risk effectively.

Mentorship and Guidance

  • Team Development: Mentor junior team members, encouraging curiosity and responsibility.

  • Knowledge Sharing: Share expertise in derivatives, programming, and valuation models to strengthen the team.

Risk Monitoring and Reporting

  • Strategy Oversight: Monitor trading strategies to identify and manage risks effectively.

  • Reporting: Provide clear insights to senior management for better decision-making.

Continuous Improvement

  • Innovation: Update risk metrics and methods to match the complexity of trading activities.

  • Problem Solving: Address issues with risk measurement or workflow inefficiencies.

Qualifications and Skills:

  • Technical Skills: Strong programming knowledge (Python, SQL, etc.) and quantitative expertise.

  • Derivatives Knowledge: Solid understanding of derivatives and valuation models.

  • Leadership: Ability to work independently, manage ambiguity, and lead with integrity.

This role combines technical expertise, strategic thinking, and leadership to ensure strong risk management practices for Millennium's equity derivatives portfolios.

  • Systems Engineering Lead

    1 week ago

    Mumbai, Maharashtra, India LexisNexis Risk Solutions Full time ₹ 8,00,000 - ₹ 24,00,000 per year

    Are you excited to work with a variety of products and technologies in a collaborative and supportive environment?Do you enjoy sharing knowledge and learning with colleagues from diverse backgrounds?About the BusinessLexisNexis Risk Solutions is a trusted partner in risk assessment. Within our insurance vertical, we provide customers with innovative...

  • Junior GRC Consultant

    16 hours ago

    Navi Mumbai, Maharashtra, India Risk Quotient Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    About Us:Risk Quotient Consultancy Pvt. Ltd. (RQ) is a fast-growing, CERT-IN empanelled cybersecurity consulting firm with extensive experience delivering 100+ information security projects across multiple industries and global clients.ResponsibilitiesAssist in executing information security, cybersecurity, risk management, business continuity, and privacy...

  • Sales Specialist FCC-South Asia

    17 hours ago

    Mumbai, Maharashtra, India LexisNexis Risk Solutions Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Sales Specialist FCC-South AsiaDo you enjoy creating a successful sales strategy?Are you a dynamic, enthusiastic B2B sales professional?About the BusinessLexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Business Services vertical, we offer a multitude of solutions focused on helping businesses of all sizes drive higher...

  • Risk Lead – Proprietary Trading

    1 week ago

    Mumbai, Maharashtra, India Nuvama Group Full time ₹ 8,00,000 - ₹ 24,00,000 per year

    Risk Lead – Proprietary TradingDesks:Listed derivatives (index & single-stock options), OTC exotics/structured products, Equity and DebtRole SummaryThe role is for a desk that is being setup. Candidate will be key founding member of the team. Own end-to-end market risk for a multi-strategy prop desk. Design/enforce limit frameworks, monitor intraday...

  • Lead Specialist, Risk

    20 hours ago

    Mumbai, Maharashtra, India FactSet Full time ₹ 12,00,000 - ₹ 24,00,000 per year

    FactSet creates flexible, open data and software solutions for over 200,000 investment professionals worldwide, providing instant access to financial data and analytics that investors use to make crucial decisions.At FactSet, our values are the foundation of everything we do. They express how we act and operate, serve as a compass in our decision-making, and...

  • Risk Manager

    1 week ago

    Mumbai, Maharashtra, India Motilal Oswal Financial Services Ltd Full time ₹ 8,00,000 - ₹ 24,00,000 per year

    Job Purpose:The Treasury & Investment Risk Manager is responsible for identifying, assessing, and managing risks associated with the organization's treasury activities and investment portfolio. This role ensures that liquidity, interest rate, credit, and market risks are effectively controlled to safeguard the institution's financial health and support...

  • IT Risk, Security

    2 weeks ago

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

    Job Title: IT Risk, Security & Audit LeadYears of Experience: 8-13 YearsLocation: India, Mumbai, Andheri, Saki NakaJob Summary:We are seeking an experienced and detail-oriented IT Risk, Security & Audit Lead to oversee product development and deployment, ensuring compliance with security governance, risk management, audits, and certifications within our...

  • AI Risk

    1 week ago

    Mumbai, Maharashtra, India BNP Paribas Full time ₹ 8,00,000 - ₹ 24,00,000 per year

    Position Purpose Group RISK Operational Risk Management (RISK ORM) belongs to the second line of defense of BNP Paribas. This role will be within the Group AI Operational Risk Management capability of the Group placed under the responsibility of the Head of RISK ORM CTR, reporting to the Group Chief Operational Risk Officer.Group AI Operational Risk...

  • Tech Consulting

    2 days ago

    Mumbai, Maharashtra, India LexisNexis Risk Solutions Full time ₹ 5,00,000 - ₹ 12,00,000 per year

    Tech Consulting-ERP App Specialist IAbout The BusinessLexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Business Services vertical, we offer a multitude of solutions focused on helping businesses of all sizes drive higher revenue growth, maximize operational efficiencies, and improve customer experience. Our solutions...

  • Senior Site Reliability Engineering II

    1 week ago

    Mumbai, Maharashtra, India LexisNexis Risk Solutions Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Job DescriptionWould you like to be part of a team that delivers high-quality software to our customers?Are you a visible champion with a 'can do' attitude and enthusiasm that inspires others?About the BusinessLexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Business Services vertical, we offer a multitude of solutions...