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Institutional Dealer-trader

Mumbai, MH
Job Code:
  • Banking & Finance
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Job Details

Job DescriptionOversee execution of trades generated by the black box by interacting with sell-side brokers to carry out a smooth execution of the tradesOversee the process of roll-over of futures contracts in each expiryWatch out for and stay within risk limits applicable across instruments, sectors, market etcKeep an eye on exchange announcements, company specific triggers and other such qualitative factors and incorporate them into the trading plan in discussion with the India business head and the US investment advisorsHelp US based back-office in engaging with the brokers in getting daily trade reports and related dataProvide inputs to and help the India accounts and liquidity management personnel in marked to market settlements on a daily basisProvide inputs to the black-box strategy design team (the portfolio managers) based on the observations of market behavior and peculiarities in price trends of various securitiesScope of tradingUniverse Single stock futures of 150 stocks, index futures and optionsFund starting with Rs. 300 Cr of capital (leveraged 4 times) and scaling up over a year to Rs. 1200 Cr of capitalTurnover 1-2 times a month plus roll-overExpected skill-setDeep understanding of trading in derivatives in Indian markets (single stock futures, index futures and option, if possible currency and commodities futures as well.)Attention to detailGood knowledge of futures spread movement over the month especially for roll-overSufficient mathematical knowledge to deal with risk management constraintsQuick reaction time for managing trading in response to eventsCurious mind to understand the patterns in prices of various securities with an eye to convert them into a trading signalEducational background and experienceMBA (finance) preferredCertification in algo/quant trading a definite plus though not necessaryCFA a definite plus though not necessaryRelevant trading experience of over 2 years in Indian capital markets
Degree: MBA/ PGDM

Additional Degree: BA (Arts) | B.Com. (Commerce) | B.Pharm. (Pharmacy) | B.Plan. (Planning) | B.Sc. (Science) | BBA/ BBM/ BBS | BCA (Computer Application) | Diploma-Other Diploma | B.Ed. (Education) | BHM (Hotel Management)

Experience: 5-10


Finance/Budgeting | Financial Analysis
Applying for this job will take you to an external site


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