Risk Management System

Prachay Group; Pune District; On-site; INR 1,000,000 - 1,400,000; Full time

Job summary

Prachay Group in Pune seeks an experienced risk and compliance professional to manage real-time risk exposure and oversee RMS/OMS operations in the Capital Market segment. The role includes defining risk parameters, enabling margin utilization, ensuring timely margin collection, and maintaining exchange compliance.

Candidate will coordinate with IT and back-office teams, prepare MIS and risk dashboards, and support client onboarding from a risk perspective. NISM SORM certification is preferred.

Qualifications

• Experience in RMS/OMS operations within capital markets.

Responsibilities

• Manage real-time risk exposure for clients in capital markets.

Skills

RMS/OMS operations

Equity markets knowledge

Risk management

Stakeholder management

Communication

Education

Graduate in Commerce/Finance

NISM SORM certification

Tools

Omnesys

NOW

ODIN

Job description

Job Description

• Manage and monitor real-time risk exposure for clients in the Capital Market segment.
• Define and implement risk parameters, including margins, exposure limits, VAR, MTM, etc.
• Oversee limit setting, client risk profiling, and margin utilization.
• Ensure timely margin collection, margin reporting, and adherence to exchange norms.
• Monitor intraday risk, square-off processes, and margin shortfall actions.
• Allocation reporting
• Handle risk alerts, exceptions, and escalations effectively.
• Ensure compliance with regulatory requirements (SEBI, Exchanges).
• OMS (Order Management System):
• Oversee order flow lifecycle (order placement, validation, execution, modification, cancellation).
• Ensure smooth functioning and integration of OMS with RMS and exchange systems.
• Coordinate with technology teams for system enhancements, issue resolution, and testing.
• Monitor trade execution efficiency and system performance.
• Handle OMS-related incidents, outages, and risk scenarios.
• Operations & Compliance:
• Ensure compliance with exchange regulations (NSE/BSE) and internal risk policies.
• Prepare and review MIS reports, risk dashboards, and audit reports.
• Liaise with auditors, compliance teams, and regulators during audits and inspections.
• Implement process improvements and automation initiatives.
• Stakeholder Management:
• Coordinate with dealing desk, compliance, IT, and back-office teams.
• Support business teams in client onboarding from a risk perspective.
• Provide guidance and training to team members on RMS/OMS processes.

• Manage and monitor real-time risk exposure for clients in the Capital Market segment.
• Define and implement risk parameters, including margins, exposure limits, VAR, MTM, etc.
• Oversee limit setting, client risk profiling, and margin utilization.
• Ensure timely margin collection, margin reporting, and adherence to exchange norms.
• Monitor intraday risk, square-off processes, and margin shortfall actions.
• Allocation reporting
• Handle risk alerts, exceptions, and escalations effectively.
• Ensure compliance with regulatory requirements (SEBI, Exchanges).
• OMS (Order Management System):
• Oversee order flow lifecycle (order placement, validation, execution, modification, cancellation).
• Ensure smooth functioning and integration of OMS with RMS and exchange systems.
• Coordinate with technology teams for system enhancements, issue resolution, and testing.
• Monitor trade execution efficiency and system performance.
• Handle OMS-related incidents, outages, and risk scenarios.
• Operations & Compliance:
• Ensure compliance with exchange regulations (NSE/BSE) and internal risk policies.
• Prepare and review MIS reports, risk dashboards, and audit reports.
• Liaise with auditors, compliance teams, and regulators during audits and inspections.
• Implement process improvements and automation initiatives.
• Stakeholder Management:
• Coordinate with dealing desk, compliance, IT, and back-office teams.
• Support business teams in client onboarding from a risk perspective.
• Provide guidance and training to team members on RMS/OMS processes.

Skills And Knowledge

• Experience in RMS/OMS operations in Capital Markets.
• Strong knowledge of equity markets, margining systems, and risk frameworks.
• Hands‑on experience with RMS & OMS platforms (e.g., Omnesys, NOW, ODIN, or similar).
• Understanding of SEBI regulations and exchange compliance requirements.
• Strong analytical, problem‑solving, and decision‑making skills.
• Excellent communication and stakeholder management abilities.

Experience Background

• RMS operations / stock broking operations

Educational Qualification

• Graduate (preferably in Commerce/Finance) NISM SORM certification