Position: Risk Manager (India Wealth Business)
Company: Top Global Financial Services Co
Location: Mumbai
Contact: proveerconsulting@gmail.com
Profile in brief:
The Company offers bespoke banking and investment solutions to high net worth and ultra high net worth individuals across India. The model consists of experienced Private Bankers in each region supported centrally by a world-class Product Office with access to global expertise.
The incumbent will be a part of the Credit and Broking Risk Function of the company and key accountabilities will include –
* Creating lien on securities as per credit proposals
* Monitoring positions and liaising with the Front Office for security maintenance
* Regulatory and global reporting
* Monitoring annual reviews of proposals
* Monitoring client disbursements and end use of funds
* Determining additional margins & additional margin factor to be applied over the regulatory margins
* Ensure sufficient client margins (regulatory margin) are in place
* Monitoring client m-t-m positions on a daily basis
* Be involved in the selection criteria of the additional securities which may be provided by clients
* Liaise with Relationship Managers for making margin calls on their clients and/or squaring off open positions
Specifications:
· MBA (premier B school)/CA with 3-6 years relevant experience
· The candidate should fully understand and have experience of applying the credit sanctioning process.
· Specific credit related and broking product knowledge would be a distinct advantage
