Head – Risk, surveillance and Operations

We are looking for who will own the firms risk management framework, trade surveillance program, and broking & depository operations across cash, F&O, currency, commodities, and distribution businesses. The role is responsible for ensuring robust controls, full regulatory compliance (SEBI/Exchanges/Depositories), high platform resiliency, and frictionless client operations at scale.

Key Responsibilities: Risk and Surveillance:

1. Risk management monitoring client exposures Equity Derivatives, Commodity Derivatives Client Margin Trading Funding.

2. Good understanding of Margin framework of clearing corporations, including peak margin, end of day margins, allocation and begin of day margins and handling of compliance with respect to it.

3. Understanding of broking business and areas of business in which broking operations operate

4. Surveillance requirements as well as PMLA requirements understanding. Compliance related to QSB related circulars on Surveillance and Internal controls

5. Good understanding of technology and related software for better understanding and use of the same.

6. Enterprise level risk management covering QSB related requirements. Also having an entire framework to understand all risks of the organization and liasoning with the bank for Group Risk Management requirements and review.

7. Policies with respect to acceptance of Collateral , Haircuts , Margin Trading Funding securities and upfront margining

Key Responsibilities: Operations:

1. Retail Operations including settlement of Funds and Securities, processing of trades and handling of entire back office systems for 2 platforms.

2. Institutional Operations end to end , liasoning with custodians for settlement of trades. Also handling of DVP trades if any

3. Operations pertaining to NPS , other third party product reconciliations

4. Handling of compliance related queries pertaining to Inspection by SEBI , Exchanges and Depositories for the operational part

5. Depository Operations handling end to end for CDSL

6. Entire KYC operations including KRA , CKYC , updation of client records and UCC

Required Skills & Experience

15+ years of experience in Risk Management, Broking operations

Strong understanding of Indian financial markets, trading platforms, and regulatory environment.

Excellent leadership, negotiation, cross function collaboration and stakeholder management skills.

Understanding of TCS / Trackwizz systems is an added advantage

Ability to work in a fast-paced, data-driven, and results-oriented environment.