Risk & Surveillance Executive Stock Broking

Amrapali Online Venture; Ahmedabad District; Sur place; INR 1 200 000 - 2 100 000; Plein temps

Résumé du poste

Amrapali Online Venture is seeking a Risk & Surveillance Executive in Ahmedabad to monitor trading activity, manage client and broker-level risk, and ensure SEBI/NSE/BSE compliance. The role covers risk management, trading surveillance, and regulatory reporting across equity, derivatives, and related segments.

The candidate should have graduate qualifications in finance or related fields, with 13 years of relevant experience and strong MS Excel skills.

Qualifications

• Educational: Graduate in Commerce, Finance, Economics, or related field.
• Preferred: MBA in Finance, NISM or capital-market certification.
• Experience: 13 years in stock broking, RMS, trading surveillance or risk management.
• Skills: strong knowledge of equity and derivatives, margin concepts, MTM, collateral and limits.
• Excel skills: advanced formulas, PivotTables and reporting.

Responsabilités

• Monitor client/broker exposure across equities/derivatives/currency.
• Track margins, collateral, and risk positions; action per policy.
• Identify unusual trading patterns and potential market abuse.
• Coordinate with RMS, dealing, back-office for risk resolution.
• Maintain risk/surveillance records and incident reports.

Connaissances

Stock market knowledge

Equities & Derivatives

Margin requirements

MTM exposure

Excel proficiency

RMS/surveillance software

Formation

Graduate in Commerce/Finance

MBA in Finance

NISM certification

Outils

ODIN/Omnesys/Greeksoft

Description du poste

Job Description: Risk & Surveillance Executive Stock Broking
Department: Risk Management / Surveillance
Designation: Risk & Surveillance Executive
Industry: Stock Broking / Capital Markets
Location: Ahmedabad
Employment Type: Full-time

1. Job Purpose

To monitor trading activities, manage client and broker-level risks, identify suspicious or abnormal trading patterns, and ensure compliance with the rules and regulations prescribed by SEBI, stock exchanges (NSE/BSE), and other applicable regulatory authorities.

2. Key Responsibilities

A. Risk Management

• Monitor client-wise and broker-level exposure across Equity, Derivatives, Currency, and other applicable segments.
• Monitor margin requirements, margin shortfalls, collateral availability, and client risk positions.
• Track clients with high exposure, leveraged positions, inadequate margins, and potential default risk.
• Monitor mark-to-market (MTM) losses and take appropriate action as per the company's risk management policy.
• Initiate square-off or position-reduction measures in accordance with approved policies and delegated authority.
• Monitor client trading limits, turnover limits, exposure limits, and margin utilization.
• Review clients with repeated margin shortfalls, debit balances, or overdue payments.
• Coordinate with RMS, dealing, back-office, and accounts teams for timely resolution of risk-related issues.
• Maintain records of risk alerts, margin calls, client communications, and actions taken.

B. Trading Surveillance

• Monitor trading activities for unusual price movements, abnormal volumes, and suspicious trading patterns.
• Capable for daily BOD and EOD process in ODIN / Omnesys / Greeksoft
• Identify potential cases of self-trades, circular trading, synchronized trades, excessive order modifications, and other unusual trading behaviour.
• Review client trading patterns for possible market manipulation, insider trading indicators, or other suspicious activity, and escalation concerns to the Compliance Officer.
• Monitor high-value trades, concentrated positions, frequent intraday activity, and unusual activity in illiquid securities.
• Review alerts generated by exchange surveillance systems and internal monitoring tools.
• Investigate alerts, document findings, and ensure timely closure with appropriate supporting evidence.
• Monitor client, dealer, and terminal-level trading activity for possible misuse or violations of internal policies.
• Escalate suspected violations, abnormal trading activity, and potential regulatory concerns to the designated authority.

C. Regulatory Compliance & Reporting

• Assist in implementing applicable SEBI, NSE, BSE, and other exchange-prescribed risk management and surveillance requirements.
• Monitor compliance with applicable margin, position-limit, collateral, and exposure requirements.
• Assist in reviewing exchange circulars and implementing relevant changes in internal risk controls.
• Maintain surveillance registers, exception reports, alert logs, and investigation records.
• Support preparation and submission of applicable exchange reports and responses to regulatory queries, in coordination with the Compliance Officer.
• Ensure that surveillance alerts are investigated and closed within prescribed internal or regulatory timelines.
• Support internal audits, exchange inspections, and compliance reviews by providing relevant records and evidence.

D. Client Risk Monitoring

• Monitor client debit balances, margin shortfalls, and outstanding obligations.
• Identify clients requiring enhanced monitoring based on risk exposure, trading behaviour, or payment history.
• Coordinate with the concerned teams for margin collection and risk mitigation.
• Assist in reviewing client trading limits based on available collateral, risk profile, and internal policies.
• Ensure proper documentation of client communications and actions taken in risk-related matters.

E. MIS & Reporting

• Prepare daily risk reports covering exposure, margin utilization, MTM losses, debit balances, and margin shortfalls.
• Generate daily surveillance reports highlighting unusual trading patterns and unresolved alerts.
• Prepare exception reports for high-risk clients, concentrated positions, and limit breaches.
• Maintain accurate records of investigations, escalations, corrective actions, and alert closures.
• Provide periodic MIS to the Risk Manager and Compliance Officer.
• Suggest improvements to risk controls, surveillance processes, and reporting systems.

3. Qualifications & Experience

• Educational Qualification: Graduate in Commerce, Finance, Economics, Business Administration, or a related discipline.
• Preferred Qualification: MBA (Finance), NISM certification, or relevant capital-market certification.
• Experience: 13 years of experience in stock broking, RMS, trading surveillance, risk management, or capital-market operations. Freshers with relevant knowledge may be considered for junior roles.
• Technical Skills:
  • Good knowledge of the Indian stock market and trading mechanisms.
  • Understanding of Equity and Derivatives segments.
  • Working knowledge of margin requirements, MTM, collateral, exposure, and position limits.
  • Proficiency in MS Excel, including formulas, PivotTables, and report preparation.
  • Experience with broking front-office, back-office, RMS, or surveillance software is preferred.
  • Ability to analyse trading data and identify exceptions.

4. Key Skills & Competencies

• Strong analytical and numerical skills.
• Attention to detail and ability to identify unusual trading patterns.
• Understanding of risk controls and regulatory requirements.
• Sound judgement and timely escalation of potential risks.
• Good communication and coordination skills.
• Ability to work under pressure during volatile market conditions.
• High standards of integrity, confidentiality, and professional ethics.
• Strong documentation and reporting skills.

5. Key Performance Indicators (KPIs)

• Timely monitoring of client exposures, margin shortfalls, and risk limits.
• Timely identification and escalation of abnormal trading activity.
• Percentage of surveillance alerts investigated and closed within defined timelines.
• Accuracy and timeliness of daily risk and surveillance MIS.
• Compliance with applicable internal risk policies and regulatory requirements.
• Reduction in unresolved exceptions and repeat risk-control breaches.
• Quality of audit documentation and closure of audit observations.
• Timely escalation of potential client defaults and other material risk events.

6. Authority & Escalation

• Monitor trading activity and flag risk-limit breaches in accordance with approved procedures.
• Recommend restrictions, limit reductions, or other risk-mitigation measures to the authorised person.
• Initiate actions specifically delegated under the company's approved RMS policy.
• Escalate material risk events, suspected market abuse, and regulatory concerns to the Risk Manager and/or Compliance Officer.
• Maintain complete documentation of decisions, approvals, and corrective actions.

7. General Responsibilities

• Maintain confidentiality of client information and sensitive trading data.
• Follow the company's policies, standard operating procedures, and applicable regulatory requirements.
• Coordinate with dealing, operations, accounts, technology, and compliance teams.
• Participate in risk reviews, internal audits, and process-improvement initiatives.
• Perform other risk management and surveillance activities assigned by the reporting manager.