Mumbai, India
Manager - Market Risk - Broking industry preferred
Paytm · Mumbai · India
Posted: 3/9/2026 · Last checked: 12/10/2026
Job description
Quoted in full from Paytm's job posting. Gavroche does not edit it.
Job Overview
Lead and manage all aspects of risk management for Paytm Money's Market Risk and MTF operations, ensuring compliance with exchange regulations and protecting the company's financial health while facilitating optimal trading activity.
Principal Accountabilities
• Develop and implement risk management frameworks specifically tailored for stock market activities, including:
o Equity market risk (systematic and non-systematic)
o Derivatives market risk (futures, options)
o Margin Trading Funding (MTF) risk (client exposure and internal limits)
o Liquidity risk (ability to meet financial obligations)
• Design and implement stress testing scenarios to assess portfolio resilience under various market conditions (volatility spikes, crashes, sector downturns).
• Monitor real-time market data and key risk indicators (KRIs) to identify and proactively mitigate emerging risks.
• Oversee risk limits for client positions and trading activities, ensuring adherence to position sizing and leverage guidelines.
• Liaise with regulatory bodies and ensure timely reporting of market risk exposures and CTCL reporting
Major Challenges
• Balancing risk mitigation with maximizing profitable trading opportunities for clients.
• Adapting risk management strategies to respond to volatile market conditions and changing market dynamics.
• Implementing effective risk controls for complex financial instruments and trading algorithms.
• Maintaining a strong risk culture within the trading environment, balancing risk awareness with fostering a proactive trading approach.
Decision
• Internal Clients: Setting risk limits for client accounts, approving margin extensions.
• External Clients: Negotiating risk parameters with clearing houses and other counterparties, managing credit risk associated with counterparty exposure
New openings in Mumbai, by week
- 20/7/2026 11
- 27/7/2026 12
- 3/8/2026 15
- 10/8/2026 21
- 17/8/2026 22
- 24/8/2026 16
- 31/8/2026 28
- 7/9/2026 24
- 14/9/2026 27
- 21/9/2026 43
- 28/9/2026 31
- 5/10/2026 55
- 12/10/2026 7
312 openings over 12 weeks, by the week they were published.
Other roles at Paytm
- Finance Control & Governance Manager · Mumbai
- Zonal Collection Manager- Bangalore - lending Collections · Bengaluru
- Key Account Management - Assistant Manager - Nearbuy · Mumbai
- Area Collection Manager- Manager -Jaipur - Lending Collections · Jaipur
- Collection Manager - Lending Collections · Ludhiana
- Collection Manager- Business- Lending Collections · Sonīpat
165 open, including roles outside India.