Senior Risk Management

Job Description - Senior Risk Management (RMS) – Derivatives & Proprietary Trading

Location: Bangalore

Experience: 6–10 Years

Department: Risk Management

Employment Type: Full-time

Role Overview:

We are hiring a Senior RMS professional to manage real-time risk for a proprietary derivatives trading business. This is a front-line risk ownership role with direct responsibility for trader-level and portfolio-level risk. The role requires strong independent decision-making during volatile and stressed market conditions while working closely with active traders and trading systems.

Key Responsibilities:

Real-Time Risk Monitoring

• •Monitor and manage real-time risk for individual traders and their derivatives portfolios
• •Track and control MTM and margin utilisation
• •Monitor product and expiry concentration
• •Track directional and volatility exposure
• •Monitor option Greeks including Delta, Gamma, Vega, Theta

Strategy & Exposure Risk Evaluation

• •Evaluate risks from naked option positions
• •Assess short-volatility and high-gamma strategies
• •Monitor leveraged and directional books
• •Assess volatility and gamma behaviour during market stress

Decision-Making & Square-Off Authority

• •Take independent and timely square-off decisions during sharp market moves
• •Act in margin stress situations
• •Enforce action on breach of internal risk limits
• •Manage rapid MTM drawdowns
• •Prioritise positions and traders during volatile market conditions
• •Decide on partial versus full position unwinds
• •Handle illiquid or fast-moving contracts effectively

Risk Framework & Limit Management

• •Define and enforce trader-wise risk limits
• •Define and monitor strategy-wise limits
• •Implement product and expiry-wise limits
• •Manage intraday and overnight risk limits
• •Strengthen RMS controls and monitoring processes

Collaboration & System Improvement

• •Work closely with trading and technology teams
• •Implement real-time alerts and automated risk triggers
• •Automate square-off rules
• •Enhance RMS dashboards and monitoring systems

Post-Event Analysis

• •Conduct post-event and post-trade risk analysis for major P&L or risk incidents
• •Recommend improvements to risk frameworks and controls

Required Experience & Skills

• •6–10 years of hands-on RMS experience in a proprietary derivatives trading environment
• •Experience managing risk at an individual trader level
• •Strong understanding of options and complex option strategies
• •Knowledge of naked versus hedged positions
• •Understanding of volatility and gamma behaviour during market stress
• •Strong judgement in position unwinds and risk prioritisation
• •Experience with live RMS systems and real-time market risk monitoring tools
• •Ability to operate decisively in high-pressure trading environments

Preferred Background

• •Experience in proprietary trading firms, quantitative or structured trading desks, or high-frequency/systematic setups
• •Exposure to index and stock derivatives portfolios with high intraday turnover