Team Lead - Risk Mid Office

Reliance Industries Limited


Date: 17 hours ago
City: Navi Mumbai, Maharashtra
Contract type: Full time
Scope: Refining and Manufacturing - Middle office team monitors risk assurance & control, reports performance and publishes analysis for physical and derivative trading undertaken in R&M business and ensuring RBI compliance and SEBI corporate Governance

The key role responsibilities for this role include ensuring validation of both physical & paper deals, ensuring regulatory compliance relating to derivatives, Daily exposure monitoring, adherence to relevant policies & guidelines, and review of MIS reports.

Key Responsibilities

  • Independent validation of Term Proposals of all physical deals received from Trading and valuation of Hedging & View based derivative proposal.
  • Review & Report pricing exposure for commodity trades.
  • Ensure compliance of deals if they comply with the internal policies, are within all relevant limits and are consistent with rolling plans, grade requirements & availabilities and the mandates / authority levels of the trader.
  • Ensured RBI Regulatory compliance relating to derivatives and Disclosures on Commodity hedging and SEBI corporate Governance.
  • Review of trading desk P&L & Performance report with detailed analysis.
  • Hedge accounting, Review of MTM reports, Exception reports, Value At Risk report, GFRC report, Hedge effective report
  • Daily Exposure measurement and advice to Trading for flat price hedging.
  • Facilitate Statutory & Internal Audit and addressing audit inquiries.
  • Identify any limit breaches, policy deviations and operational exceptions and escalate them accordingly.
  • Review process controls & work towards improvement & Automation.

Required Qualification: MBA from top ranked colleges

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