Role Responsibilities of the position in brief:
- Provide support to regional stakeholders in day-to-day risk management of Electronic and Algorithmic trading activities.
- Ensure compliance to EAT Risk policies and procedures by periodic reviews and reporting.
- Engaging with stakeholders across divisions and regions to ensure timely deliveries.
- Provide support for running of Risk Committees, Forums and preparation of meeting materials.
- Review and analyze Electronic Trading relevant incidents and facilitate reviews of lessons learned and cross-functional reviews.
- Coordinating regulatory attestations like MiFID II attestations.
- Facilitate the annual control attestation process. The process involves understanding the process, controls and ensuring that the controls are adequate.
- Review new and upcoming Electronic and Algorithmic Trading specific regulations. Support regions in performing gap analysis with the Firm s Stakeholders to determine level of compliance, gaps, and remediation plans.
- Contribute to the continued development of the Algo Control Framework and work with key stakeholders to embed new processes.
Key Skills:
Ideal candidate will have decent understanding of the four key areas as below.
At the minimum, we expect candidate to be we'll-versed with at least one of the below four:
- Understanding of Electronic and Algorithmic Trading activities
- Risk Limit Management in Market Risk - setup, adjustment, review and breaches
- Non-financial and Operational Risks - RCSA, OpRisk Events, Risk Assessment
- Technology Risk - Understanding building blocks of the tools, relevant risks.
- A candidate with prior experience in IT Risk and Control / Algo Trading Risk / e-Trade Support / e-Trade Operational Risk would be preferred.
- Strong written and verbal communication skills with the ability to engage with all levels of management. Understanding of Policies and Compliance would be added advantage.
- Technical fluency. Specifically, must have the ability to simplify technical concepts to present effectively to a non-technical audience.
- An ability to remain objective and to independently raise areas of risk exposure.
- Ability to effectively collaborate with multiple stakeholders including compliance, legal, internal audit, risk managements and senior business partners.
- Strong project management skills with the ability to handle multiple deliverables.
Working knowledge of the following is preferred:
- Understanding of any one of the assets classes (Equity / FX / Rates) - Rules and regulations relating to electronic trading including but not limited to MiFID II, PRA, FCA, CFTC, Dodd Frank, MAR etc.
- Knowledge about Algorithmic and electronic trading workflows: algorithmic trading strategies, smart order routing, order management systems, auto hedging, pricing and RFQs, dark pools, FIX protocol etc.
- Fundamentals of IT change, Technology platforms and standard control requirements
Education
UG: B.Tech/B.E. in Any Specialization
- PG: MBA/PGDM in Any Specialization, CA in CA
