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NextHirePosted 1 month ago

iRage Capital - Chief Risk Officer

On-siteMumbai, Maharashtra, India

Full TimeSenior LevelSmall

Job Summary

Analyze historical and continual trading patterns across varying liquidity profiles to design and own risk limit methodologies for market-making, market-taking, and arbitrage strategies. Monitor live trading activity to detect anomalies in market, liquidity, technology, and operational risks, including strategy misfires, inventory pressure, and execution quality issues. Partner with engineering to improve risk processes, enhance certification benchmarks for new strategies, and fine-tune APIs for compliance queries. Identify macro risks, regulatory shifts, and external market developments relevant to iRage's proprietary trading book. Report directly to the CEO/Founders, working closely with trading, quant, and engineering leadership to manage risks tied to holding positions under instrument-specific constraints.

Required Qualifications

  • 7+ years of experience in market risk, trading risk, or quantitative risk management
  • meaningful exposure to high-frequency or algorithmic trading environments
  • prior experience at a prop trading firm, HFT firm, or the risk desk of a broker/exchange
  • Strong quantitative background
  • solid grasp of derivatives (futures and options across index and stock products)
  • market microstructure
  • liquidity dynamics across cash equity and F&O segments
  • ability to partner with engineering on dashboards and pipelines
  • technical fluency (SQL/Python or similar) to independently analyze trading data
  • Working knowledge of Indian market regulations relevant to proprietary trading and F&O segments (SEBI, exchange circulars, position limits/MWPL, surveillance norms)
  • Strong stakeholder management skills
  • High ownership mindset
  • comfort operating in a fast-paced, technically deep environment

Desired Qualifications

  • prior experience at a prop trading firm, HFT firm, or the risk desk of a broker/exchange

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