Manager/VP - Prime Finance Risk

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Experience: 8+ yrs

Location: Mumbai

Job Type: Full-time

We are looking for an experienced Prime Services Risk professional to support risk management across a global financial markets environment. The role focuses on institutional client portfolio risk, margin assessment, risk methodology, reporting, and analytics across Prime Services and financing activities.

You will work closely with Sales, Trading, Client Services, Risk, and global business teams to assess client portfolios, identify emerging risks, support margin decisions, and develop robust risk frameworks and analytical solutions.

Key Responsibilities

Prime Services & Portfolio Risk

• Conduct quantitative risk assessments of institutional client portfolios, including hedge funds and other sophisticated investors.
• Analyze portfolios to identify potential risk concentrations, vulnerabilities, and emerging exposures.
• Assess trade-level and portfolio-level risk to support appropriate client margin requirements.
• Respond to client-related risk and margin queries in collaboration with relevant business teams.
• Support risk decisions for new business and changing client exposures.

Risk & Margin Methodology

• Develop and enhance risk and margin methodologies for Prime Services and financing activities.
• Contribute to the development and enhancement of risk platforms and analytical tools.
• Support margin-setting decisions at the trade and portfolio level.
• Apply risk concepts including VaR, stress testing, scenario analysis, and sensitivity analysis.
• Continuously improve methodologies based on market developments, portfolio characteristics, and business requirements.

Risk Analytics & Reporting

• Analyze large datasets and develop risk dashboards using SQL, Python, Power BI, and Excel.
• Build and maintain risk reporting suites with consistent global standards.
• Develop analytical solutions for recurring and ad-hoc risk requirements.
• Improve reporting automation, data quality, and analytical efficiency.
• Translate complex risk information into clear insights for senior stakeholders.

Business & Stakeholder Management

• Partner closely with Sales, Trading, Client Services, Risk, and control functions globally.
• Support discussions around client margin terms and risk considerations for new business.
• Assist with decisions involving contractual and business obligations.
• Work with internal control partners and relevant stakeholders on regulatory and risk-related queries.
• Communicate complex financial and risk concepts clearly to both technical and non-technical stakeholders.

What's Makes You a Great Fit

• 8+ years of relevant professional experience, preferably within financial services and Global Markets.
• Degree or equivalent qualification in Mathematics, Financial Mathematics, Engineering, Statistics, Operational Research, Computer Science, or a related quantitative discipline.
• Strong understanding of Equities, Equity Derivatives, Convertible Bonds, Fixed Income, Repo, Futures, and Options.
• Experience in Prime Brokerage, Prime Services, Equity Financing, Treasury, or Risk Management is highly preferred.
• Strong knowledge of financial risk concepts including VaR, stress testing, scenario analysis, margin, and portfolio risk.
• Hands-on experience with SQL, Python, Power BI, VBA, and advanced MS Excel.
• Understanding of Prime Brokerage and financing businesses, including client objectives and risk considerations.
• Strong analytical and quantitative problem-solving capabilities.
• Excellent communication, interpersonal, and stakeholder-management skills.
• Ability to work independently, take ownership, and make sound decisions in a fast-paced financial markets environment.
• Strong attention to detail with the ability to manage multiple priorities and meet deadlines.
• Good awareness of macroeconomic trends and their potential impact on financial markets and client portfolios.
• Professional certifications such as FRM, CFA Level II, CAIA, or equivalent financial education are an advantage.
• Comfortable collaborating with geographically distributed teams and working across global business functions.