Assistant Vice President - Risk & Enterprise Management

Multi Commodity Exchange Clearing Corporation; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Multi Commodity Exchange Clearing Corporation in Mumbai is seeking a dedicated risk professional to strengthen governance, regulatory liaison, and reporting across risk domains. The role encompasses BOD/EOD operations, risk feature UAT, and the adoption of best industry practices.

You will contribute to ERM framework implementation, KRIs, ATR tracking, incident management, and regulatory communications, while collaborating with multiple departments to uphold risk controls and a robust risk

Qualifications

• Strong understanding of enterprise risk management principles.
• Analytical and problem-solving skills.
• Versatile knowledge of MS Office will be an added advantage.
• Excellent communication skills.

Responsibilities

• Monitoring and ensuring Risk Management operations including Beginning of Day (BOD) and End of Day (EOD) activities
• User Acceptance Testing and implementation of new/ updated risk management features in the clearing corporation systems
• Evaluating best industry practices followed by other CCs for risk related activities.
• Coordinating with regulatory authorities for compliance of Risk Management
• Ensuring timely preparation communication of various circulars issued by the Risk Management
• Preparation of various agendas related to RMC/ Board meetings in timely manner
• Computation of stress losses as per SEBI guidelines and analysis of SGF requirements
• Providing timely data/ information to various regulatory authorities
• Representing the department in various internal/ external meetings
• Should have Knowledge of SPAN
• Implementation of ERM Framework including review of Risk Management Policy Procedures, updating Risk Registers, follow up for Incident Tracking, Key Risk Indicators, etc.
• Identify, assess and monitor key strategic, operational, financial and compliance risks.
• Tracking of ATRs, continual improvement initiatives, etc.
• Interact with user departments to understand SOPs, process flows and identify risks as well as control environment.
• Assessment - prepare summary of observations basis process walk through.
• Treatment - Propose the risk treatment plan to the Risk Officer respective HOD.
• Undertake periodic review of the control environment and identify new risks that might have arisen by closely coordinating with business teams.
• Preparation of Agendas for Committee Meetings.
• Handling Technology and Information Security Audit.
• Promote risk awareness and a strong risk culture across the organization.

Skills

Strong understanding of enterprise ris

Tools

MS Office

Job description

Risk Management-

• Monitoring and ensuring Risk Management operations including Beginning of Day (BOD) and End of Day (EOD) activities


• User Acceptance Testing and implementation of new/ updated risk management features in the clearing corporation systems


• Evaluating best industry practices followed by other CCs for risk related activities.


• Coordinating with regulatory authorities for compliance of Risk Management


• Ensuring timely preparation communication of various circulars issued by the Risk Management


• Preparation of various agendas related to RMC/ Board meetings in timely manner


• Computation of stress losses as per SEBI guidelines and analysis of SGF requirements


• Providing timely data/ information to various regulatory authorities


• Representing the department in various internal/ external meetings


• Should have Knowledge of SPAN
  

Enterprise Risk Management-

• Implementation of ERM Framework including review of Risk Management Policy Procedures, updating Risk Registers, follow up for Incident Tracking, Key Risk Indicators, etc.


• Identify, assess and monitor key strategic, operational, financial and compliance risks.


• Tracking of ATRs, continual improvement initiatives, etc.


• Interact with user departments to understand SOPs, process flows and identify risks as well as control environment.


• Assessment - prepare summary of observations basis process walk through.


• Treatment - Propose the risk treatment plan to the Risk Officer respective HOD.


• Undertake periodic review of the control environment and identify new risks that might have arisen by closely coordinating with business teams.


• Preparation of Agendas for Committee Meetings.


• Handling Technology and Information Security Audit.


• Promote risk awareness and a strong risk culture across the organization.

Additional Requirements:

• Strong understanding of enterprise risk management principles.


• Analytical and problem-solving skills.


• Versatile knowledge of MS Office will be an added advantage.


• Excellent communication skills.