Risk Management

Paytm; Mumbai; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Paytm Money invites a senior risk manager to lead all aspects of risk management for market risk and MTF operations. The role ensures exchange compliance and protects financial health while enabling optimal trading activity.

The position requires developing risk frameworks for equity and derivatives markets, managing MTf risk, monitoring liquidity and KRIs, and coordinating with clearing houses and regulators.

Responsibilities

• Develop risk management frameworks for equity market activities (systematic and non-systematic).
• Manage Derivatives market risk (futures, options).
• Oversee Margin Trading Funding (MTF) risk and client exposure.
• Monitor liquidity risk and ensure ability to meet financial obligations.
• Design and implement stress testing scenarios to assess portfolio resilience.
• Monitor real-time KRIs and regulatory reporting incl. CTCL.
• Set risk limits for client positions and leverage guidance.

Job description

Job Purpose

Lead and manage all aspects of risk management for Paytm Money's Market Risk and MTF operations, ensuring compliance with exchange regulations and protecting the company's financial health while facilitating optimal trading activity.

Candidates preferred from: Broking Industry

Key Responsibilities:

Principal Accountabilities

• Develop and implement risk management frameworks specifically tailored for stock market activities, including:
• Equity market risk (systematic and non-systematic)
• Derivatives market risk (futures, options)
• Margin Trading Funding (MTF) risk (client exposure and internal limits)
• Liquidity risk (ability to meet financial obligations)
• Design and implement stress testing scenarios to assess portfolio resilience under various market conditions (volatility spikes, crashes, sector downturns).
• Monitor real-time market data and key risk indicators (KRIs) to identify and proactively mitigate emerging risks.
• Oversee risk limits for client positions and trading activities, ensuring adherence to position sizing and leverage guidelines.
• Liaise with regulatory bodies and ensure timely reporting of market risk exposures and CTCL reporting

Major Challenges

• Balancing risk mitigation with maximizing profitable trading opportunities for clients.
• Adapting risk management strategies to respond to volatile market conditions and changing market dynamics.
• Implementing effective risk controls for complex financial instruments and trading algorithms.
• Maintaining a strong risk culture within the trading environment, balancing risk awareness with fostering a proactive trading approach.

Decision

• Internal Clients: Setting risk limits for client accounts, approving margin extensions.
• External Clients: Negotiating risk parameters with clearing houses and other counterparties, managing credit risk associated with counterparty exposure