Job Purpose
Lead and manage all aspects ofriskmanagement for Paytm Money's market operations, ensuring compliance with exchange regulations and protecting the company's financial health while facilitating optimal trading activity.
Principal Accountabilities
.Develop and implementriskmanagement frameworks specifically tailored for stock market activities, including:
oEquity marketrisk(systematic and non-systematic)
oDerivatives marketrisk(futures, options)
oMargin Trading Funding (MTF)risk(client exposure and internal limits)
oLiquidityrisk(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 keyriskindicators (KRIs) to identify and proactively mitigate emergingrisks.
.Overseerisklimits for client positions and trading activities, ensuring adherence to position sizing and leverage guidelines.
.Liaise with regulatory bodies and ensure timely reporting of marketriskexposures.
Major Challenges
.Balancingriskmitigation with maximizing profitable trading opportunities for clients.
.Adaptingriskmanagement strategies to respond to volatile market conditions and changing market dynamics.
.Implementing effectiveriskcontrols for complex financial instruments and trading algorithms.
.Maintaining a strongriskculture within the trading environment, balancingriskawareness with fostering a proactive trading approach.
Decision
.Internal Clients:Settingrisklimits for client accounts, approving margin extensions.
.External Clients:Negotiatingriskparameters with clearing houses and other counterparties, managing creditriskassociated with counterparty exposure