Derivatives Sales Trader

iRageCapital Advisory Private Limited; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive salary

Generous paid time off

Comprehensive insurance

Annual Education Allowance

Gym memberships

Relocation support

Job summary

A leading financial services firm in Mumbai is seeking a Derivatives Sales Trader to manage client relationships and develop customized OTC derivatives solutions. The ideal candidate has at least 3 years in risk management sales and strong communication skills. Join a dynamic team in an innovative workspace that values creativity and collaboration, offering competitive salaries and benefits such as health insurance, paid time off, and annual education allowances.

Qualifications

• At least 3 years of experience in risk management solutions sales.
• Strong exposure to block sourcing and execution strategies.
• High proficiency in trading systems and financial software.

Responsibilities

• Develop and execute sales of OTC derivatives risk-management solutions.
• Oversee and execute client orders efficiently.
• Identify and onboard new institutional clients.

Skills

Excellent communication

Negotiation

Relationship-building

Proficiency in Bloomberg

Omnesys

Algorithmic execution tools

Market data platforms

Analytical tools

Education

Graduate degree in any discipline

Postgraduate degree/MBA with exposure to capital markets

Tools

Bloomberg

Omnesys

Job description

iRage was founded in 2009 with a view to be the leader in algorithmic trading in India. Leveraging its combined strengths in both quantitative finance and technology, iRage has emerged as one of the pioneers in the field of high frequency trading in India. We are an ambitious, innovative company and identified early on the importance technology would play in the fast‑paced evolution of trading. This spirit still drives us today.

Role Summary - Derivatives Sales Trader

Key Responsibilities:

Client Relationship Management

Developing and executing sales of customized OTC derivatives risk‑management solutions by conducting client visits, seminars, calls, and follow‑ups.

Represent the firm at industry events, conferences, and seminars, building the firm’s reputation and network within the financial community.

Cultivating and maintaining strong relationships with institutional clients, understanding their trading needs, and providing customized trading solutions.

Serve as a primary point of contact, delivering tailored advice and sharing firm research, investment themes, and market strategies.

Provide timely market colour, execution insights, trading ideas, and trend updates to support client decision‑making.

Trading

Oversee and execute client orders with precision, ensuring best execution across equity and derivative products.

Advise clients on liquidity conditions, execution strategies, pricing dynamics, and market impact.

Apply strong market acumen to identify, structure, and execute profitable trading opportunities aligned with client objectives.

Adhere to internal risk controls, compliance frameworks, and regulatory requirements across all trading activities.

Maintain a robust understanding of market regulations, surveillance standards, and industry best practices.

New Business Development

Identify and onboard new institutional clients while enhancing wallet share with existing relationships.

Drive new business opportunities within the institutional segment to strengthen the firm’s market positioning.

Source, negotiate, and execute block trades to meet client requirements and enhance liquidity solutions.

Requirement Specification (Qualifications & Experience)

Graduate degree in any discipline (Must have)

Postgraduate degree/ MBA with exposure to capital markets, finance, or related areas (Good to have)

At least 3 years of experience in risk management solutions (OTC derivatives) sales.

Skills

Excellent communication, negotiation, and relationship‑building abilities.

Proficiency in Bloomberg, Omnesys, algorithmic execution tools, and market data platforms.

Strong exposure to block sourcing, execution strategies, and algorithmic trading workflows.

High proficiency in trading systems, financial software, and analytical tools.

Entrepreneurial mindset with strong ownership, ethical standards, responsiveness, and the ability to mentor junior talent.

Why You’ll Love Working Here

We’re a team that hustles - plain and simple. But we also believe life outside work matters. No cubicles, no suits - just great people doing great work in a space built for comfort and creativity.

Benefits

• 💰 Competitive salary – Get paid what you’re worth.
• 🌴 Generous paid time off – Recharge and come back sharper.
• 🌍 Work with the best – Collaborate with top‑tier global talent.
• ✈️ Adventure together – Annual offsites (mostly outside India) and regular team outings.
• 🎯 Performance rewards – Multiple bonuses for those who go above and beyond.
• 🏥 Health covered – Comprehensive insurance so you’re always protected.
• ⚡ Fun, not just work – On‑site sports, games, and a lively workspace.
• 🧠 Learn and lead – Regular knowledge‑sharing sessions led by your peers.
• 📚 Annual Education Allowance – Take any external course, or certification that makes you better at your craft.
• 🏋️ Stay fit – Gym memberships with equal employer contribution to keep you at your best.
• 🚚 Relocation support – Smooth move? We’ve got your back.
• 🏆 Friendly competition – Work challenges and extracurricular contests to keep things exciting.