1. JOB DESCRIPTION
PURPOSE OF JOB :
- Identify all types of risks associated with the business such as Credit Risk , Market Risk,
Financial Risk, and other business risks , Operational Risk, bring them to light and
adapt steps to mitigate or reduce them to the acceptable level as set by the group risk
framework.
- Approving Margin Trading Facilities for the client and its control including the clients
position in subject to regulators and group’s pre-approved policy.
- Directing and reviewing of access limit provided by the business for settlement within
DVP process assigned by regulators and policy.
- Ensure that the all ORM tools are implemented for business in line with the time frame
and periodically reviewed by concerned team with the business and are complied with
the group policies and procedures.
- Advising and obtaining internal/external approvals on risks related issues to the new
business products.
JOB CONTEXT/DIMENSIONS :
 Periodic review and updating of the risk framework and align to group policy .
 Credit risk control and monitoring for the buiness for all its products.
 Ensuring all ORM tools are implemented within the guidelines.
 Identifying any gaps within the system in subject to risk involved.
 Continuous efforts to identify risks associated with the business with impact analysis.
 Regular meeting with regulators and security market authorities to discuss and
understand possible risks.
 Effective risk framework implementation on all existing and new products of the
business.
 Liaises with Audit and Compliance department, where appropriate making
recommendations in case of shortfall or changed risk profile is noticed.
Service Quality:-

2.  Responsible for meeting agreed service levels in respect of all services rendered to
internal as well as external customers, regulators, stock markets locally and regional.
People Management:-
 Manages and deploys staff resources in an effective manner which would ultimately
maximize efficiency and quality.
 Consider risk, service and career needs of staff prudently and ensure that
responsibilities are assigned, within the department, through a structured level.
 Undertake Training needs analysis and performance Review of Staff at regular intervals
to encourage staff to meet service and risk obligations satisfactorily.
 Develop and maintain a valid succession plan to ensure that key jobs are covered at all
times.
 Regular staff communications and meetings to clarify the role of each staff in their
respective jobs and arrive upon agreed responsibilities and management expectations.
Efficiency
To manage and organize the department in efficient and effective manner in order to enhance
efficiency , analyze the process to look for any gaps within the system, to better the same by
mitigating all types of risk associated with it.
To Ensure busniss operates the most effective manner with minimal risk and adapt to best
practices in line with group framework and external regulators.
TASKS :
1. Establish risk management department for the busniss which will effectively identify,
control and mitigate risks to the acceptable norms as set by group.
2. Approve limits and its evaluation of Margin Trading risk on management set conditions
and its compliance by the business.
3. Approvals on documentation of Margin Trading agreements and relevant documents.
4. Controlling and Reviewing the reports related to margin trading like concentration
report which includes minimum criteria of number of shares, ratio set against initial
contribution against RMD and regulators approved policy.
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3. 5. Regular follow ups with concerned business sections on process of margin calls and its
action status by RM.
6. Lead in charge and approve for the liquidation process of portfolio which are below the
business set norms resulting in risk and its instruction to liquidate the shares of the
clients breaching the set policy and external regulator.
7. Obtaining approvals and its coordination with concerned risk management division for
Margin Trading cases of clients above business approval limits.
8. Approving and controlling the Approved Securities List after obtaining the same from
RMD on monthly basis and providing to concerned departments for its defining in the
system.
9. Approving the access limit and control of these limits defined to each clients by
regularly monitoring of such amount as per DVP process and its settlement within
policy.
10. Follow up with Relationship manager for amounts appearing in Ageing Report and its
settlement process with the regulators guidelines including other units in the group.
11. Update policies and procedures if any possible risk identified within the business and
advise to mitigate / control as per acceptable norms.
12. Assessment of existing systems to identify any drawbacks with the same which could
lead to a possible risk and coordinate with ITD for the requirements.
13. Identify risks associated with the markets which can lead to a financial loss and initiate
suitable advise to mitigating or controlling in advance.
14. Controlling of credit risk by constant monitoring of all credit given to clients on existing
and new products such as access limit.
15. Effective controlling of the credit extended to clients on account of Margin Trading by
close monitoring of the coverage ratios and take proactive measures to control and
mitigate the possible financial loss on account of portfolio value drop.
16. Regular monitoring of the business Margin eligibility based on the regulators guideline
in coordination with finance to avoid breach and possible trade ban and/or
fines/penalties.
17. To review and update business systems connected with payments, client relations,
regulator relations etc. and to mitigate any reputational risk arising from them.
18. Review the system in place and request fine tune if needed with respect to
confidentiality and safe keeping of information which can lead to risk of leakage of
vital information.
19. Control of confidential client credit risk files under fire proof dual control as per risk
and group policy.
20. Approve the share transfer out from Margin trading accounts of clients before
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4. transferring it to CDS after evaluation there position against the collateral and net
worth.
21. Approve outward cash transfer for Margin Trading clients based on balance available
and re-evalution against the approved limit.
22. Approve error losses for the business after completing necessary investigation.
23. Approve and recommend the business for any provision required on facilities granted
as per RMD policy.
24. Advising and reviewing on investment related risks to the business including
subsidiary companies.
25. Risk related to any new product initiated by the business.
26. Any risk related reporting to internal and external regulators on timely basis whenever
required.
27. Approve and send registered mail to Margin Trading clients notifying them of any
changes on approved security list ratios or any other important information for any
policy changes.
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