RMS Manager
RMS Manager
Posted on :
20-11-2024
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Job Description
Job Overview
The RMS Manager will play a critical role in overseeing and managing the Risk Management System for a leading publicly listed broking firm. This individual must be highly skilled in risk analysis and mitigation with particular expertise in using ODIN and Greek software systems. The RMS Manager will ensure compliance with regulatory requirements optimize risk protocols and coordinate with different teams to maintain robust risk oversight across all trading activities.
Key Responsibilities
1.Risk Monitoring and Management
Oversee and manage the firms risk exposure ensuring alignment with organizational risk tolerance.
Develop and implement risk policies controls and reporting mechanisms to monitor trading and market exposure.
Continuously monitor market movements and assess their impact on portfolio risk especially for derivative and equity positions.
ODIN and Greek Software Utilization
Utilize ODIN and Greek software for managing trading and risk management activities.
Ensure accurate data integration reporting and risk calculations within these systems.
Provide expertise in system functionalities including order management surveillance and risk metrics calculation to optimize operational efficiency.
2.Compliance and Regulatory Adherence
Ensure the firms trading and risk management activities are compliant with SEBI NSE BSE and other relevant regulations.
Prepare and present regular reports on risk exposures and control effectiveness to the compliance team and upper management.
Coordinate with external auditors and regulatory bodies ensuring that risk management practices meet industry standards.
3.Crossfunctional Collaboration
Work closely with the trading operations compliance and IT teams to identify and mitigate potential risks in trading and execution.
Act as the key liaison between front and back office to ensure efficient and compliant processes.
Train relevant teams on risk management tools and practices.
4.Performance and Risk Analysis
Conduct risk assessments on portfolios and client accounts identifying potential highrisk scenarios.
Analyze historical data and current trends to forecast potential market risks.
Develop and implement strategies to mitigate portfolio risk including setting limits and conducting stress tests.
Qualifications
Education: Bachelors degree in Finance Economics Business or a related field; Masters or professional certification (e.g. CFA FRM) is a plus.
Experience: Minimum 5 years of experience in risk management ideally within a broking firm or financial services.
Skills:
Proficient in ODIN and Greek software with handson experience in trading risk management.
Strong analytical skills and a solid understanding of derivatives equities and other financial products.
Uptodate knowledge of regulatory requirements within the broking industry.
Key Competencies
Analytical Thinking: Ability to interpret complex data and assess risk implications.
Attention to Detail: High level of accuracy in managing and monitoring risk controls.
Communication Skills: Ability to communicate effectively with crossfunctional teams and regulatory bodies.
Employment Type
Full Time
Key Skills
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