Risk Manager

About the Role

We are looking for a Risk Manager to support the trading desk in monitoring and managing risk across trading activities. This role will involve tracking daily positions, identifying potential risks, and ensuring that trading stays within approved limits.

You will work closely with traders, the algorithmic trading team, and senior leadership to keep a close watch on exposures and ensure smooth and disciplined trading operations.

Key Responsibilities:

1. Risk Monitoring

• Track daily P&L and risk exposure across trading strategies.
• Ensure trading positions remain within approved limits.
• Monitor market, liquidity, and credit risks during trading hours.

2. Risk Framework & Analysis

• Support the development and improvement of risk models and monitoring frameworks.
• Conduct stress testing and scenario analysis to understand potential downside risks.
• Work with the RMS system to strengthen real-time risk monitoring.

3. Risk Controls

• Monitor stop-loss levels, position limits, and other key risk parameters.
• Flag unusual positions or breaches and escalate them when required.

4. Collaboration with Trading Team

• Work closely with traders to understand strategies and exposures.
• Provide inputs on risk reduction when needed.

5. Reporting

• Prepare daily and weekly risk reports covering key exposures, P&L movements, and risk limit utilization.
• Highlight major risk drivers, unusual market movements, and any breaches of risk limits.
• Share concise risk updates with senior management, including the Managing Director, along with key observations.
• Ensure accurate and timely reporting of risk data for management review and decision-making.

Qualifications & Skills

• Bachelors or Masters degree in Finance, Economics, Mathematics, Engineering, or a related field.
• FRM certification will be an added advantage.
• 5+ years of experience in risk management within a trading firm, hedge fund, or investment bank.
• Understanding of financial markets, including equities, derivatives, FX, or commodities.
• Working knowledge of Risk modelling is preferred.
• Familiarity with trading systems and risk monitoring tools.
• Strong analytical and communication skills.