Derivative Trader (Institutional Dealing)

Intellectual Capital HR Consulting Pvt. Ltd.; Ahmedabad District; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. invites applications for a Derivative Trader on the institutional equities desk in Ahmedabad. The role focuses on arbitrage trades for DII, mutual funds, FPIs or proprietary books, with execution of large arbitrage and rollover files.

You will churn positions to meet client mandates, handle errors efficiently, and mentor junior traders. Proficiency in Excel is preferred; knowledge of Omnesys or Utrade is an advantage.

Qualifications

• 3 to 7+ years in institutional dealing with arbitrage exposure.
• Excel proficiency preferred.

Responsibilities

• Handle institutional dealing, specifically arbitrage trades for DII, mutual fund and FPI or proprietary books.
• Trade large arbitrage and rollover files via GREEK.
• Churn arbitrage positions to meet client mandates.
• Handle execution errors efficiently.
• Apply understanding of arbitrage, dividends and roll concepts.
• Train and mentor junior traders.

Skills

Arbitrage trading

Institutional dealing

GREEK

Omnesys/Utrade knowledge

Tools

Omnesys

Utrade

Job description

An institutional equities desk is hiring a Derivative Trader for its dealing function.

Key requirements and responsibilities:

• Handle institutional dealing, specifically arbitrage trades for DII, mutual fund and FPI or proprietary books


• Trade large arbitrage and rollover files via GREEK


• Churn arbitrage positions to meet client mandates


• Handle execution errors efficiently


• Apply a solid understanding of arbitrage, dividends and roll concepts


• Train and mentor junior traders

MANDATORY REQUIREMENT:

proven ability to trade large arbitrage and rollover files. Knowledge of Omnesys or Utrade is an advantage.

Candidate profile:

3 to 7+ years in institutional dealing with arbitrage exposure. Excel proficiency preferred. Candidates from well-ranked institutional broking houses with relevant experience are preferred.

Note: this is an execution-weighted seat. Candidates seeking a client-facing sales trading role should refer to the Sales Trader cum Dealer position listed separately