Overview
Corporate Title: Vice President
Functional Title: Vice President
Experience: 9-15 years
Qualification: B.Tech. / B.E. / MBA / CA / CFA / FRM
Role Summary
We are seeking an experienced and dynamic Vice President to lead our Electronic and Algorithmic Trading (EAT) Risk Management function. This role is pivotal in providing comprehensive risk oversight, strategic leadership, and ensuring robust compliance for our electronic trading activities.
The ideal candidate will be a strategic thinker with a strong technical understanding of algorithmic trading, proven leadership capabilities, and the ability to manage complex, cross-functional stakeholder relationships.
Key Responsibilities
Strategic Risk Management & Leadership
– Provide comprehensive risk oversight and strategic direction for all Electronic and Algorithmic Trading (EAT) activities.
– Lead, mentor, and ensure the professional development of junior team members, fostering a high-performance culture.
– Foster and maintain effective relationships with stakeholders across divisions and regions.
– Develop and implement analytical frameworks, including Management Information (MI) dashboards, Key Risk Indicators (KRIs), and performance metrics to enable data-driven decision-making.
– Review new and evolving EAT regulations, perform gap analyses, and work with stakeholders to develop and execute remediation plans.
Operational Management
– Develop, implement, and maintain global risk management frameworks, including associated processes, tools, and procedures.
– Oversee and direct all Electronic Trading Activities within the local jurisdiction.
– Coordinate and facilitate Risk Committee and Forum proceedings, including the preparation and presentation of critical documentation.
– Design and deliver comprehensive reporting, including limit reports, analytics, and committee meeting materials.
Compliance & Control
– Orchestrate the annual control review and attestation process, ensuring controls are adequate and effectively implemented.
– Monitor and analyze emerging global regulations related to Electronic and Algorithmic Trading.
– Lead regional compliance initiatives and ensure adherence to all local HR and compliance requirements.
– Actively manage the day-to-day risk of EAT activities, identifying and escalating risk exposures as necessary.
– Develop and maintain global processes and tooling that support the firm’s risk frameworks.
Key Skills & Qualifications
Essential Skills and Experience
– 9-15 years of relevant experience in financial services, with a focus on risk management.
– Demonstrated experience in team leadership and management.
– Proficiency in at least one of the following core domains:
– Electronic and Algorithmic Trading Business, Risk, or Compliance Management.
– Market Risk Limit Management (implementation, modification, evaluation, violation protocols).
– Non-Financial and Operational Risk Management (Risk Control Self-Assessment, Operational Risk Event Management).
– Technology Risk Management (understanding system architecture and associated risks).
– Superior stakeholder management and cross-functional collaboration abilities.
– Exceptional project and time management skills, with a proven capacity to manage concurrent priorities.
– Advanced written and verbal communication skills, with the ability to engage effectively at all organizational levels and translate complex technical concepts for diverse audiences.
– Strong analytical and objective reasoning skills.
Preferred Qualifications
– Prior direct experience in IT Risk and Control, Algorithmic Trading Risk, Electronic Trading Support, or Electronic Trading Operational Risk.
– Comprehensive understanding of regulatory policies and compliance frameworks governing electronic trading.
– A proven track record of successful collaboration with key stakeholders such as Traders, Global Markets, IT, Compliance, Legal, and Internal Audit.