Risk Management Associate

About the role:

We are looking for a detail-oriented Risk Associate to support the Risk Management function by monitoring trading activities, managing client limits and margins, ensuring compliance with exchange and regulatory requirements, and maintaining smooth day-to-day operations across trading platforms.

The role requires close coordination with Operations, Compliance, Dealers, Exchanges, and Technology teams to ensure effective risk controls and uninterrupted trading operations.

Roles & Responsibilities

• Monitor daily trading activities, client exposures, margins, and risk parameters across Equity, Derivatives, and Currency segments.
• Ensure smooth functioning of risk management and trading systems, including ODIN, NEAT, BOLT, and related platforms.
• Upload and maintain client limits, holdings, margins, and risk parameters in accordance with internal policies.
• Process client activations, modifications, suspensions, and other risk-related requests.
• Monitor exchange circulars, restricted securities, ban lists, and implement required system updates.
• Manage fund and margin allocations to Clearing Corporations and support client fund movements.
• Perform SPAN and VAR updates and ensure accurate margin calculations.
• Monitor shortfall reports, position limits, and risk breaches, escalating exceptions as required.
• Coordinate with Operations, Compliance, Dealers, Exchanges, and Technology teams to ensure seamless day-to-day operations.
• Support audit, compliance, regulatory reporting, and documentation requirements.
• Maintain trade backups, risk reports, MIS, and operational records in line with internal and regulatory requirements.
• Assist in strengthening risk controls, operational efficiency, and process improvements.

What Success Looks Like

In Your First 30 Days

• Gain a thorough understanding of Klay's risk management framework, trading operations, and regulatory requirements.
• Become familiar with ODIN, NEAT, BOLT, RMS systems, and exchange processes.
• Understand client limit management, margin monitoring, and risk control procedures.
• Support daily risk monitoring, reporting, and operational activities with accuracy.

In Your First 60 Days

• Independently manage client limit uploads, fund allocations, and routine risk monitoring activities.
• Prepare shortfall reports, risk MIS, and exception reports accurately and on time.
• Monitor trading activity and identify potential risk or operational issues proactively.
• Develop a strong understanding of SEBI regulations, exchange circulars, and internal risk controls.

In Your First 90 Days

• Take ownership of daily risk monitoring and operational risk activities with minimal supervision.
• Ensure timely execution of BOD, market-hour, and EOD risk processes.
• Proactively identify, escalate, and assist in resolving risk breaches, operational exceptions, and system issues.
• Build strong working relationships with Operations, Compliance, Dealers, and Technology teams.
• Contribute to improving reporting accuracy, operational efficiency, and risk management processes.

Qualifications & Competencies

• Graduate in Commerce, Finance, Management, or a related field.
• 12 years of experience in Risk Management, Operations, Wealth Management, Broking, Capital Markets, or Financial Services.
• Understanding of capital markets, trading operations, and risk management concepts.
• Knowledge of ODIN, NEAT, BOLT, or similar trading platforms will be an advantage.
• Familiarity with SEBI regulations and compliance requirements is preferred.
• NISM Series VII Securities Operations and Risk Management Certification will be preferred.
• Strong analytical and problem-solving skills.
• High attention to detail and accuracy.
• Good communication and stakeholder coordination skills.
• Proficiency in MS Excel and reporting tools.

Why Join Us

• Opportunity to work closely with experienced industry professionals.
• Exposure to PMS, AIF, and Wealth Management businesses.
• Hands-on experience with risk systems, controls, and regulatory frameworks.

A strong learning environment to build a long-term career in financial risk management