1. Daily Risk Monitoring:
o Monitor daily trading activity and client exposures to ensure they comply with established risk limits.
o Track margin positions of clients, ensure sufficient funds are available, and issue margin calls when necessary.
o Assist in managing the firm's exposure to market and credit risks.
2. Client Risk Management:
o Review client portfolios and ensure they operate within pre-approved risk parameters.
o Report high-risk client positions to senior management and recommend necessary actions to minimize potential losses.
o Assist in resolving client issues related to margin calls, exposure, and trading limits.
3. Regulatory Compliance:
o Ensure compliance with SEBI (Securities and Exchange Board of India) regulations, stock exchange rules, and other applicable laws.
o Support the preparation of reports for SEBI audits, internal audits, and regulatory filings related to risk management.
o Stay updated on regulatory changes and support the team in adapting risk policies accordingly.
4. Reporting & Documentation:
o Prepare daily, weekly, and monthly reports on risk exposure, margin calls, and other key risk metrics.
o Maintain accurate records of client margins, positions, and trade discrepancies.
o Assist in creating documentation related to the firm’s risk management procedures and policies.
5. Trade & Margin Reconciliation:
o Assist in the reconciliation of daily trades and client positions to ensure accurate reporting of exposures.
o Identify discrepancies between the firm's systems and exchange data, working with the operations team to resolve issues.
o Ensure timely reconciliation of client accounts with depositories and exchanges.
6. Risk System Maintenance:
o Support the maintenance and monitoring of the firm’s risk management systems and tools.
o Ensure that data integrity is maintained in the risk monitoring system and assist in generating risk reports.
o Collaborate with the IT department to troubleshoot system issues and ensure smooth functioning.
7. Collaborating with Other Departments:
o Work closely with the trading, operations, and compliance teams to manage risk exposures and ensure alignment with firm policies.
o Assist in implementing corrective actions when risk limits are breached or in high-risk situations.
o Act as a point of contact for resolving day-to-day risk management queries from internal teams.
8. Learning & Development:
o Continuously develop knowledge of stock market operations, risk management techniques, and regulatory frameworks.
o Participate in risk management training sessions and support the development of risk awareness across the organization.
o Stay informed of market conditions and any changes that could impact the firm’s risk exposure.