IIBX-India International Bullion Exchange (IFSC) Limited, GIFT City, SEZ, Markets

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At IIBX, we continuously upgrade ourselves and strive to provide world-class service. IIBX is committed to operating a fair and orderly market that is both technology-driven as well as is fast paced, with an edge of efficiency.

IIBX believes that employees are the driving force for its ambitious growth plans, and hence the focus is on attracting motivated, adaptable employees with a customer service focus, strong team spirit and sharp business acumen to fulfil our dreams.

IIBX is committed to creating and maintaining a culture that fosters an inclusive, diverse workforce; and an environment in which every employee has the opportunity to demonstrate his or her potential by performing to meet the challenges ahead. In short meritocracy is the order that we respect.

IIBX offers every employee a very congenial and vibrant working environment, conducive to bringing out the best in every employee.

If you are looking for a challenging career, in the fast-growing financial market and thrive in a fast-paced environment, explore your options at IIBX.

Further, IIBX is also inviting application for internship for various departments.

^* For more details, send your CV to hr@iibx.co.in having job id in the subject line

Current Openings

Job Profile :- Executive Trainee/Management Trainee
Job Id:^*	1016
Department:	Clearing & Settlements Department
Number of Opening:	2
Location:	Gift City, Gandhinagar
Reporting To:	Head of Clearing Settlements & Risk Management
Job Description:	Process trades and execute clearing and settlement activities in accordance with prescribed procedures and timelines Verify, reconcile and validate data, member positions and settlement obligations to ensure adequacy, accuracy and completeness of records. Manage and resolve operational discrepancies, settlement exceptions and reconciliation with banks, depository and vault managers in a timely manner. Co-ordinate with internal teams, clearing banks, depositories, vault managers. Monitor settlement cycles and ensure timely completion of funds and securities settlement. Reconcile collateral balances with clearing banks, depositories and vault managers Monitor member settlement obligations and follow up for timely pay-in and pay-out of funds and securities. Support margin processing, collateral movements and settlement related adjustments in coordination with the risk management team. Maintain accurate settlement records, audit trails and documentation for operational transparency and regulatory compliance. Monitor operational risks in clearing and settlement processes and escalate issues where necessary. Ensure strict adherence to regulatory requirements, internal policies and standard operating procedures. Participate in testing and implementation of new products, system upgrades and process enhancements related to clearing and settlement. Participate in mock drills. Identify opportunities for automation, operational efficiency and process improvements in clearing and settlement workflows. Co-ordinate with technology teams for issue resolution, system testing and strengthening of settlement infrastructure. Prepare accurate MIS reports for Board Committees and management. Stay updated with industry developments, regulatory changes and global best practices in clearing and settlement operations. Willingness to work in shifts based on operational requirements. Undertake any other assignments assigned by the Head of Department from time to time.
Experience:	0 - 2 years.
Educational Qualification:	Postgraduate with NISM Certification in relevant stream having sound knowledge of Capital Markets with expertise in excel preferred
Functional Skills:	MS Word, MS Excel, Good communication Skills

Job Profile :- Qualified CS (Company Secretary) -AM/DM
Job Id:^*	1018
Department:	Corporate Secretarial & Compliance
Number of Opening:	1
Location:	Gift City, Gandhinagar
Reporting To:	Company Secretary & Compliance Officer
Job Description:	Assist in Developing and implementing compliance programs to mitigate risks. Assist in Conducting risk assessments to identify areas for improvement. Monitor and report on compliance metrics and performance. Stay up to date with changing regulations and assist in updating policies accordingly. Assist in Investigating compliance-related issues. Develop and maintain compliance documentation and records.
Experience:	0 - 2 years.
Educational Qualification:	CS Professional – Completed, bachelor’s degree in law, Finance, or related field. MBA will be an added advantage.
Functional Skills:	Strong analytical and problem-solving skills. Effective communication and interpersonal skills. Strong organizational and time management skills. Experience in capital/financial markets Attention to detail

Job Profile :- Assistant Manager
Job Id:^*	1017
Department:	Regulatory Membership
Number of Opening:	1
Location:	Gift City, Gandhinagar (Gujarat)
Reporting To:	AVP
Job Description:	• Processing & Reviewing of applications received from different market participants. • Following up for deficiencies and clarifications by applicant entities. • Preparation and maintaining onboarding & compliance records and MIS. • Coordinating with internal departments, members and different market participants. • Assisting in ongoing compliance monitoring. • Supporting audits and inspections.
Experience:	1 - 3 years.
Educational Qualification:	Postgraduate (Any Stream)
Functional Skills:	Basic knowledge of financial markets operations and regulatory requirements. Good understanding of KYC/AML and documentation requirements. Good communication and drafting skills. Proficiency in MS Office. Multi-tasking and team working skills

Job Profile :- Assistant Manager
Job Id:^*	1019
Department:	Inspection and Compliance
Number of Opening:	1
Location:	Gift City, Gandhinagar (Gujarat)
Reporting To:	Senior Manager
Job Description:	Assisting in inspection of broker members / market participants of the Exchange. Reviewing compliance submissions from members and other market participants. Monitoring ongoing compliance requirements applicable to Members and other market participants. Following up for pending compliances and maintaining compliance trackers. Preparing inspection observations, reports, and correspondence. Supporting regulatory reporting, other inter departmental operational activities and record maintenance
Experience:	1 - 3 years.
Educational Qualification:	Postgraduate (Any Stream)
Functional Skills:	Basic knowledge of compliance and regulatory processes. Ability to review records and identify discrepancies. Proficiency in MS Excel and report preparation. Good analytical and documentation skills. Good communication and follow-up skills. Multi-tasking and team working skills

Job Profile :- Deputy Manager / Manager – Risk Management
Job Id:^*	1020
Department:	Risk Management
Number of Opening:	1
Location:	Gift City, Gandhinagar (Gujarat)
Reporting To:	DVP
Job Description:	Develop and maintain risk management policies, procedures, governance frameworks and risk limits. Validate and periodically review risk models, assumptions, parameters and methodologies to ensure their continued effectiveness. Design and execute historical, hypothetical, reverse and simulation-based stress tests under normal, stressed and extreme-but-plausible market conditions. Monitor daily margin adequacy, member exposures, concentration limits and collateral utilization. Perform back testing of VAR, margin and other risk models. Conduct liquidity risk simulations, concentration risk assessments and collateral stress testing. Assess the adequacy of the Settlement Guarantee Fund (SGF) under Cover-1, Cover-2 and other applicable regulatory scenarios. Evaluate the adequacy of the default waterfall and recommend enhancements based on evolving market conditions. Develop, review and validate margin methodologies for futures and other products. Develop dashboards, Key Risk Indicators (KRIs), risk metrics and management information reports. Interpret applicable IFSCA, SEBI and other regulatory requirements and assess their impact on risk management practices. Work closely with technology teams to implement and enhance risk engines, reporting systems and monitoring tools. Prepare risk reports and presentations for Management, Risk Management Committee, Board Committees, auditors and regulators. Coordinate with internal audit, statutory auditors and regulatory inspections on risk-related matters. Support compliance with CPMI-IOSCO Principles for Financial Market Infrastructures (PFMI) and other applicable regulatory standards. Support default management planning, member default simulations, crisis management exercises and periodic default drills to assess the adequacy of the SGF, default waterfall and recovery arrangements. Perform comprehensive risk assessments for new products, new participants, rule changes and changes to market structure
Experience:	3 - 5 years.
Educational Qualification:	Postgraduate Degree in Finance, Economics, Mathematics, Statistics, Commerce, Engineering, Risk Management or a related discipline from a recognized University. Professional certifications such as NISM (Risk Mgmt, FRM, PRM or CFA will be preferred
Functional Skills:	Hands-on experience in stress testing, back testing, scenario analysis and quantitative risk assessment. Working knowledge of CPMI-IOSCO PFMI principles and CCP risk management frameworks. Strong understanding of market, credit, liquidity and operational risks. Knowledge of SGF, default waterfalls, default management processes and margin methodologies. Experience with VAR, Expected Shortfall, historical simulation and related risk measurement techniques. Knowledge of stress-testing methodologies prescribed by SEBI, IFSCA or other applicable regulators. Advanced proficiency in Microsoft Excel; familiarity with SQL, Python or R will be an added advantage. Strong analytical, report writing, documentation, presentation and stakeholder management skills. Ability to engage effectively with regulators, auditors and senior management. Ability to work independently and collaboratively in cross-functional teams. NISM Certification in Risk Management or equivalent certification is preferred. Experience in Exchanges, Clearing Corporations, Depositories, Banks, Brokerages, Commodity Markets, Bullion Markets, Treasury, Financial Market Infrastructures or Capital Markets will be preferred. Demonstrated experience in designing, implementing or operating stress-testing and risk-monitoring frameworks. Only candidates with relevant hands-on experience in risk management, stress testing, margining, and clearing risk frameworks, who are available to join at short notice, will be shortlisted for the interview.