1. Daily Risk Monitoring:
o Monitor daily trading positions and client exposures to ensure they remain within pre-approved risk limits.
o Assist in reviewing and managing the firm's exposure to market risks, credit risks, and liquidity risks.
o Conduct daily assessments of margin requirements and issue margin calls when necessary to protect the firm’s interests.
2. Client Risk Management:
o Monitor and assess client portfolios for risk, ensuring clients adhere to established margin and exposure limits.
o Track high-risk clients and take corrective actions in collaboration with the Manager to prevent breaches in risk policies.
o Assist in analysing client behaviour, identifying potential risks, and suggesting proactive measures.
3. Regulatory Compliance:
o Ensure the firm complies with SEBI regulations and guidelines related to risk management, including capital adequacy, margin, and exposure norms.
o Stay updated with changes in regulatory frameworks and assist in implementing new risk-related processes to remain compliant.
o Prepare risk-related reports and documentation for internal audits and regulatory reviews.
4. Reporting & Analysis:
o Assist in preparing daily, weekly, and monthly risk management reports that track the firm’s risk exposure, key risk metrics, and any discrepancies.
o Help in analysing market data, trading activity, and economic conditions to assess potential risks and assist in formulating appropriate responses.
o Provide reports to the Manager and senior management with insights and recommendations to improve risk management strategies.
5. System Management:
o Work with risk management software and tools to monitor real-time risk positions and ensure the accuracy of risk metrics.
o Ensure that the risk monitoring systems are up-to-date and functioning correctly, collaborating with IT or system vendors as needed.
o Assist in identifying opportunities to automate risk processes and improve system efficiency.
6. Margin & Exposure Management:
o Monitor clients’ margin positions and ensure timely collection of additional margins to cover potential losses.
o Assist in managing the firm’s exposure across various asset classes, including equities and derivatives, to minimize risks.
o Collaborate with the trading desk to monitor real-time exposure and take corrective actions to minimize risks.
7. Collaboration with Stakeholders:
o Work closely with other departments such as Trading, Operations, and Compliance to ensure integrated risk management efforts.
o Collaborate with external stakeholders like clearing corporations, depositories, and brokers to manage risk more effectively.
o Assist in addressing queries and resolving issues related to risk management.
8. Training & Development:
o Participate in risk management training programs and contribute to enhancing risk awareness across the organization.
o Assist in training team members on risk policies, margin management, and regulatory requirements.