Head - Proprietary Trading - HFT

Intellectual Capital HR Consulting Pvt. Ltd.; Chennai District; On-site; INR 3,000,000 - 6,000,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. seeks a Head Trader for a Mumbai-based proprietary trading desk.

You will lead an expert team of traders and quants, shaping strategy, capital allocation, and risk controls on high-frequency and algorithmic trades across Indian equity and derivatives markets. The role demands 5–10 years in proprietary or high-frequency trading, deep tech connectivity, and mastery of execution algorithms.

Qualifications

• Minimum 5 to 10 years of proven experience in high-frequency or algorithmic proprietary trading.
• Deep understanding of exchange connectivity, order management systems, and co-located infrastructure.
• Proficiency in Greek Algo, pair/ratio trading, and execution algorithms (VWAP, TWAP, POV, etc.).
• Strong command of risk management frameworks - margin allocation, exposure limits, capital efficiency, and performance metrics.

Responsibilities

• Lead and manage the high-frequency trading desk, driving performance, technology, and strategy development.
• Design, implement, and optimize algorithmic and low-latency execution systems.
• Supervise multiple traders and quants, overseeing capital allocation, margin usage, and real-time risk controls.
• Monitor and enhance latency performance, order routing, and exchange connectivity (NSE/BSE co-location environments).
• Ensure compliance with SEBI regulations, sub-broker licensing, and firm-level governance.
• Evaluate and refine strategies based on market microstructure, volatility, and tick-level data analytics.
• Oversee risk metrics such as VaR, Sharpe ratio, and drawdown, ensuring discipline and accountability.
• Collaborate with research, development, and infrastructure teams to integrate data feeds, APIs, and execution engines.
• Drive the P&L and strategic roadmap of the trading desk, aligning growth targets with firm objectives.

Tools

Python

C++

R

Job description

Experience Required: Minimum 5 to 10 years (proprietary / institutional / HFT / quant trading)

Position: Head Trader - Proprietary / High-Frequency Trading Desk

Location: Mumbai, Maharashtra, India

Experience: Minimum 5 to 10 years in proprietary, institutional, or high-frequency trading

Compensation: Performance Based

About the Firm A Mumbai-based proprietary trading firm, backed by a reputed family business group from Gujarat, with existing interests in real estate, hospitality, and financial services. The firm is in its expansion phase and is building a cutting-edge trading desk focused on quantitative and high-frequency strategies across Indian equity and derivative markets. Our mission is to combine research-driven execution, technology-led infrastructure, and institutional-grade risk management to generate consistent alpha and long-term capital growth.

Key Responsibilities

• Lead and manage the high-frequency trading desk, driving performance, technology, and strategy development.
• Design, implement, and optimize algorithmic and low-latency execution systems.
• Supervise multiple traders and quants, overseeing capital allocation, margin usage, and real-time risk controls.
• Monitor and enhance latency performance, order routing, and exchange connectivity (NSE/BSE co-location environments).
• Ensure compliance with SEBI regulations, sub-broker licensing, and firm-level governance.
• Evaluate and refine strategies based on market microstructure, volatility, and tick-level data analytics.
• Oversee risk metrics such as VaR, Sharpe ratio, and drawdown, ensuring discipline and accountability.
• Collaborate with research, development, and infrastructure teams to integrate data feeds, APIs, and execution engines.
• Drive the P&L and strategic roadmap of the trading desk, aligning growth targets with firm objectives.

Ideal Candidate Profile

• Minimum 5 to 10 years of proven experience in high-frequency or algorithmic proprietary trading.
• Deep understanding of exchange connectivity, order management systems, and co-located infrastructure.
• Proficiency in Greek Algo, pair/ratio trading, and execution algorithms (VWAP, TWAP, POV, etc.).
• Strong command of risk management frameworks - margin allocation, exposure limits, capital efficiency, and performance metrics.
• Familiarity with Python, C++, or R for data-driven analytics and strategy testing preferred.
• Excellent leadership, analytical, and business acumen, with the ability to build and mentor a multi-strategy team.
• Based in Mumbai.

Why Join Us

• Opportunity to lead and shape a next-generation high-frequency proprietary trading platform.
• Backed by institutional capital and a reputed business conglomerate.
• Performance-based rewards with potential for partnership or equity participation.
• Exposure to advanced trading infrastructure, automation, and quantitative research.