Head

JITO; Indore District; On-site; INR 3,500,000 - 6,000,000; Full time

Job summary

JITO in Indore invites an experienced RMS Head to lead its Risk Management function for the Stock Broking business. You will oversee market risk, client exposure, margin monitoring, and regulatory compliance across Equity, Derivatives, Currency, and Commodities.

The role requires building risk policies, coordinating with Compliance, Operations, IT and Finance, and mentoring the RMS team. You will produce daily/weekly MIS reports and stay abreast of SEBI and exchange guidelines.

Qualifications

• Senior RMS leadership experience in stock broking or capital markets.
• Strong knowledge of market risk, client exposure, and margin requirements.
• Experience implementing risk controls and regulatory guidelines.

Responsibilities

• Lead and manage the Risk Management System (RMS) operations.
• Monitor client margins, exposures, MTM, and trading risks.
• Ensure timely margin collection and compliance with exchange regulations.
• Monitor high-risk clients and take preventive actions to minimize exposure.
• Approve or restrict trading limits based on risk assessments.
• Manage square-off processes for margin shortfalls and risk breaches.
• Ensure compliance with SEBI, NSE, BSE, MCX, and exchange risk guidelines.
• Develop risk policies, SOPs, and internal control mechanisms.
• Coordinate with Compliance, Operations, Dealing, IT, and Finance teams.
• Monitor broker exposure, client concentration, and overall risk.
• Analyze daily risk reports and recommend corrective actions.
• Handle client escalations related to RMS and trading restrictions.
• Conduct periodic audits and risk reviews to strengthen controls.
• Lead, mentor, and develop the RMS team.
• Prepare daily, weekly, and monthly RMS MIS and reports.
• Stay updated on regulatory changes and implement improvements.

Skills

RMS

Risk management

Margin monitoring

Regulatory compliance

Team leadership

Job description

Job Type: FullTimePermanent

Work Mode: Onsite

Experience: SrManagement

Travel Requirements:

Skills:

We are looking for an experienced RMS Head to lead the Risk Management function for our Stock Broking business. The role is responsible for managing market risk, client exposure, margin monitoring, regulatory compliance, and ensuring effective risk controls across Equity, Derivatives, Currency, and Commodity segments.

Responsibilities

• Lead and manage the overall Risk Management System (RMS) operations.
• Monitor client margins, exposures, MTM (Mark-to-Market), and trading risks.
• Ensure timely margin collection and compliance with exchange regulations.
• Monitor high-risk clients and take preventive actions to minimize financial exposure.
• Approve or restrict trading limits based on risk assessment.
• Manage square-off processes for margin shortfalls and risk breaches.
• Ensure compliance with SEBI, NSE, BSE, MCX, and Exchange risk management guidelines.
• Develop and implement risk policies, SOPs, and internal control mechanisms.
• Coordinate with Compliance, Operations, Dealing, IT, and Finance teams for risk mitigation.
• Monitor broker exposure, client concentration, and overall business risk.
• Analyze daily risk reports and recommend corrective actions.
• Handle client escalations related to RMS and trading restrictions.
• Conduct periodic audits and risk reviews to strengthen internal controls.
• Lead, mentor, and develop the RMS team.
• Prepare daily, weekly, and monthly RMS MIS and management reports.
• Stay updated on regulatory changes and implement required process improvements.