Paytm Labs

Digital payments, loans, investments, and insurance

Manager – Market Risk

Risk ManagementConfirmed live in the last 24 hours

Full-timeMumbai, Maharashtra, IndiaNo salary listedIn-person

About the Job

Responsibilities

Lead and manage all aspects of risk management for Market Risk and Margin Trading Funding operations, ensuring compliance with exchange regulations and protecting the company's financial health while facilitating optimal trading activity.
Develop and implement risk management frameworks tailored for stock market activities, including equity market risk, derivatives market risk, Margin Trading Funding risk, and liquidity risk.
Design and implement stress-testing scenarios to assess portfolio resilience under varying market conditions, including volatility spikes, crashes, and sector downturns.
Monitor real-time market data and key risk indicators 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.
Set risk limits for client accounts and approve margin extensions.
Negotiate risk parameters with clearing houses and other counterparties, and manage credit risk associated with counterparty exposure.

Desired Qualifications

Broking industry experience is preferred.

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

Requirements at a Glance

Experience Level: Expert

Benefits

Health & Wellbeing - Your group health benefits are 100% funded by us, and start on your first day.
Travel the World - Even though we are currently working remotely, usually our employees make frequent international business-related trips while working on exciting projects.
Continuous Learning - We're passionate about learning and strive to constantly improve and innovate. We learn from others, our challenges & our successes.
Connection - In this virtual world, we stay connected through events like game nights, movie nights, arts & crafts sessions (like Origami), meditation sessions, and much more.
Autonomy & Flexibility - You get to define how you want to make an impact. We truly believe that great things happen when people are given the trust and freedom to create their own path.
Beautiful Office - Whenever we return back to the office, you’ll get to check out our awesome workspace, complete with pool and ping pong tables, a snack-filled kitchen, and tons of cozy work spaces.

About the Company

Paytm Labs

Digital payments, loans, investments, and insurance

Paytm Labs offers an integrated digital payments and financial services platform in India for individuals and businesses, covering UPI payments, mobile recharges, bill payments, ticket bookings, loans, investments, insurance, metro cards, and more. Users initiate payments or financial actions in the app, which are processed through UPI and payment gateways, with revenue from transaction fees and commissions on financial services. It differentiates itself through a large ecosystem of merchants and users, a wide range of services in one app, and a focus on customer support and trust. Its goal is to make a broad set of financial services easily accessible to mass-market users while growing revenue via payment processing and financial services partnerships at scale.

Company size: 10,001+
Company stage: IPO
Headquarters: Noida, India
Founded: 2014

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