Proprietary Trading Dealer-Paytm Money

Paytm; Mumbai; On-site; INR 4,50,000 - 6,75,000; Full time

Job summary

A leading financial services firm in Mumbai is seeking a Deputy Manager / Manager for Risk Management. The role involves overseeing proprietary trading operations, ensuring all risks align with company policies, and collaborating with various teams. Candidates with 5–7 years of experience in risk management and relevant educational background are encouraged to apply. This position demands strong analytical skills and attention to detail.

Qualifications

• 5–7 years of experience in Risk Management or Proprietary Dealing oversight.
• Professional certifications such as CFA, FRM, NISM-Series-VII / Series-XIII preferred.
• Experience in broking house, trading firm, or financial institution is essential.

Responsibilities

• Monitor real-time proprietary positions across various segments.
• Conduct P&L analysis and position concentration checks.
• Collaborate with various teams to support risk processes.
• Perform stress testing and scenario analysis.

Skills

Analytical skills

Attention to detail

Integrity

Proficiency in MS Excel

Communication

Education

Graduate/Postgraduate in Finance, Commerce, Economics, or related field

Tools

OmneNest

Neat

Job description

Job Information

• Job Title: Deputy Manager / Manager Risk Management (Proprietary Dealing)
• Department: Risk Management
• Location: [Mumbai]
• Experience Required: 57 Years
• Industry: Broking / Financial Services / Capital Markets

Job Purpose

To manage and oversee risk and operations associated with the firm's proprietary trading and dealing activities, ensuring that all exposures, positions, and compliances remain within the defined risk framework. The role requires strong market understanding, analytical ability, and coordination with the proprietary trading desk to maintain optimal risk-return balance.

Key Responsibilities

• Proprietary Risk Monitoring: Monitor real-time proprietary positions across equity, derivatives, commodities, and currency segments; track exposure limits, MTM, margins, and liquidity requirements daily; identify and escalation of limit breaches or high-risk exposures; ensure adherence to pre-approved limits and company risk policies.
• Conduct P&L analysis, position concentration checks, and portfolio sensitivity assessments.
• Collaborate with proprietary dealers, treasury, compliance, and operations teams to support risk processes.
• Provide traders and management with timely insights on exposure utilization, margin requirements, and potential risks.
• Perform stress testing, scenario analysis, and VaR calculations to evaluate potential downside risks.
• Ensure compliance with SEBI, NSE, BSE, MCX, and other regulatory risk management requirements.
• Participate in developing and refining internal RMS policies and systems.
• Collaborate with IT/RMS vendors to enhance system capabilities for real-time monitoring and reporting.
• Identify automation opportunities to improve accuracy and efficiency in risk tracking.

Desired Candidate Profile

• Education: Graduate/Postgraduate in Finance, Commerce, Economics, or related field. (Professional certifications such as CFA, FRM, NISM-Series-VII / Series-XIII preferred.)
• Experience: 5–7 years of experience in Risk Management or Proprietary Dealing oversight in a broking house, trading firm, or financial institution.
• Technical Skills: Proficiency in MS Excel and risk management systems (e.g., OmneNest, Neat, or in-house RMS tools).
• Soft Skills: Strong analytical skills, attention to detail, integrity, and ability to work in high-pressure trading environments.