Location
Mumbai | India
Job description
WHO WE ARE AND WHAT WE DO
IMC is a leading global market maker using algorithmic trading and advanced technology to buy and sell securities across multiple trading venues worldwide. From our offices in Amsterdam, Chicago, India and Sydney, we provide liquidity to the financial markets, driving efficiencies for buyers and sellers.
RISK MANAGEMENT AT IMC:
IMC is currently looking for a Risk Team Lead for our Mumbai office as we continue to expand our presence. The Risk Team operates closely with our Trading and Technology teams to manage and mitigate the risks associated with IMC's trading strategies across various products, exchanges, and technologies. The Risk Team is responsible for identifying and assessing risks, determining adequate controls, and developing risk metrics and tools to monitor these risks. The team's areas of responsibility are market, credit, liquidity, and operational risk.
The team acts as a key stakeholder in ensuring that the firm's business plans are within its risk appetite and engages directly with the business on the review and challenge of risk management actions.
We are looking for someone with risk management, trading and technical expertise. Attention to detail, quantitative expertise and proactiveness are keys to success.
What you'll do as a Risk Team Lead:
As both a hands-on Risk Manager and Team Lead at IMC, you'll identify and manage the risks in IMC's existing and new trading strategies across various markets and grow capability within the team. More specifically:
- Identify, monitor, and mitigate known and potential sources of risk to the firm.
- Manage the firm's electronic trading risk (day-to-day operations, trading team requests, limit setting).
- Oversee business operational risks, escalating issues appropriately to firmwide stakeholders.
- Lead in implementing and improving our risk policies, methodologies and limits.
- Engage closely with key stakeholders across our global business including trading teams, technology, and numerous back-office functions (e.g. finance, clearing, business development, compliance).
- Develop the firm's risk toolkit continually.
- Assist Compliance with any risk-related regulatory matters.
- Analyze financial market developments and help build, revise, and enhance risk methodologies and processes for IMC's trading strategies.
- Promote a strong risk awareness culture within the organization, encouraging risk-conscious decision-making and adherence to the firm's risk appetite.
WHO YOU ARE:
- Strong academic background in a quantitative field (quant finance, econometrics, mathematics preferred).
- 6 years of experience in a Risk Management position in a Trading / FO role.
- Deep understanding of financial products like equities, futures, options including their risk profiles.
- Deep understanding of market risk measures, concepts, and regulatory rules: VaR, stress testing, Greeks.
- Strong technical skills with knowledge of data processing and analysis technologies (SQL, Python, HDFS, Bloomberg).
- Ability to code in Python preferred.
- Excellent trouble-shooting and diagnostic skills and the ability to solve problems related to risk infrastructure.
- Desire and ability to communicate complex information and ideas to key business stakeholders.
- High level of Integrity.
Job tags
Salary
