Head RMS

About Abans Group:

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 retail clients. As part of the larger Abans Group, the company continues to expand its footprint by delivering integrated financial services and building robust

technology platforms to support its growing client base.

Company: ABANS Group

Industry: Financial Services, Commodities, Capital Markets

Location: Nariman Point, Mumbai

Reporting To: CRO

Role Overview

Looking for seasoned Head RMS (Risk Management Surveillance) to lead risk monitoring and surveillance across Equity and Commodity (MCX) broking segments. The ideal candidate is preferred from a traditional commodity broking house, with deep operational understanding of exchange processes and regulatory requirements. The role requires strong exposure to risk

monitoring, exchange surveillance, margin management, and settlement processes.

Key Responsibilities

Lead the Risk Management Surveillance (RMS) function across Equity and MCX segments

Monitor client and proprietary positions, margin utilization, and risk exposures across exchanges

Ensure continuous trade and position surveillance to identify risk breaches, abnormal trading patterns, and exposure build-ups

Oversee exchange reporting for Equity and Commodity exchanges, ensuring accuracy and timeliness

Manage margin shortfall tracking, escalation, and corrective actions

Oversee the settlement lifecycle, including pay-in / pay-out processes for both segments

Define, implement, and enforce risk limits, exposure thresholds, and surveillance controls

Handle risk escalations, defaults, and extreme market situations

Work closely with Trading, Operations, Compliance, Treasury, and Technology teams

Lead, mentor, and develop the RMS team

Support exchange inspections, audits, and regulatory reviews

Candidate Requirements

Must-Have

Mandatory: Bachelors degree in commerce, Finance, Economics, or related discipline (B. Com / BBA / equivalent)

Preferred: CA / CFA / FRM / MBA (Finance) or equivalent professional qualification

Additional certifications in Risk Management, Capital Markets, or Commodity Markets will be an advantage

Key Requirements

1218 years of experience in Risk Management Surveillance / RMS

Mandatory exposure to Equity and Commodity (MCX) broking segments

Candidates preferred from traditional commodity broking houses experience

Strong understanding of:

1. Margin computation and utilisation (Equity & MCX)
2. Exchange surveillance and reporting
3. Settlement processes (pay-in / pay-out)

Strong understanding of exchange and regulatory risk frameworks

Ability to operate in a high-pressure, regulated environment

Strong analytical and financial skills

Excellent leadership and stakeholder management

Deep understanding of compliance and governance