The Role
Lead market risk and Margin Trading Facility risk management across equities, derivatives, and leveraged products. Develop risk frameworks, limits, margin and collateral policies, exposure monitoring, stress testing, analytics, automation, and regulatory reporting. Ensure compliance with SEBI, NSE, BSE, and clearing corporation requirements while partnering with trading, operations, technology, compliance, audit, and senior leadership teams.
Summary Generated by Built In
Job Overview
Lead and manage all aspects of risk management for Paytm Money's Market Risk and MTF operations, ensuring compliance with exchange regulations and protecting the company's financial health while facilitating optimal trading activity.
Principal Accountabilities
• Develop and implement risk management frameworks specifically tailored for stock market activities, including:
o Equity market risk (systematic and non-systematic)
o Derivatives market risk (futures, options)
o Margin Trading Funding (MTF) risk (client exposure and internal limits)
o Liquidity risk (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 key risk indicators (KRIs) to identify and proactively mitigate emerging risks.
• Oversee risk limits for client positions and trading activities, ensuring adherence to position sizing and leverage guidelines.
• Liaise with regulatory bodies and ensure timely reporting of market risk exposures and CTCL reporting
Major Challenges
• Balancing risk mitigation with maximizing profitable trading opportunities for clients.
• Adapting risk management strategies to respond to volatile market conditions and changing market dynamics.
• Implementing effective risk controls for complex financial instruments and trading algorithms.
• Maintaining a strong risk culture within the trading environment, balancing risk awareness with fostering a proactive trading approach.
Decision
• Internal Clients: Setting risk limits for client accounts, approving margin extensions.
• External Clients: Negotiating risk parameters with clearing houses and other counterparties, managing credit risk associated with counterparty exposure
Skills Required
- Bachelor's or Master's degree in Finance, Economics, Statistics, Mathematics, Engineering, or a related discipline
- 8-12+ years of experience in Market Risk, Trading Risk, Exposure Management, or Risk Analytics within stock broking, capital markets, investment platforms, or financial services
- Strong understanding of Equity, F&O, Margin Trading Funding, collateral management, and leverage products
- Experience with exchange risk frameworks, margining systems, and regulatory requirements
- Strong analytical and quantitative problem-solving skills
- Deep understanding of market microstructure, risk controls, and exposure management
- Proficiency in SQL, Excel, BI tools, and risk reporting systems
- Ability to interpret large datasets and derive actionable risk insights
- Strong stakeholder management and communication skills
- Ability to perform effectively in a fast-paced, high-volume trading environment
- FRM, CFA, PRM, or NISM certification
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The Company
What We Do
Paytm started the Digital Revolution in India. And we went on to become India’s leading Payments App. Today, more than 20 Million merchants & businesses are powered by Paytm to Accept Payments digitally. This is because more than 300 million Indians use Paytm to Pay at their stores. And that’s not all, Paytm App is used to Pay bills, do Recharges, Send money to friends & family, Book movies & travel tickets. With innovations to Financial services & products in pipeline, this is but one of the milestones achieved towards our mission – to bring 500 million unserved and underserved Indians to the mainstream economy.
