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