Proprietary Futures Trader

Intellectual Capital HR Consulting Pvt. Ltd.; Gurugram District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. seeks a CashFutures & SLBM Arbitrage Dealer/Trader to identify, execute, and manage arbitrage opportunities between cash and futures markets, including SLBM trades.

You will monitor spreads, funding costs, and margins, ensuring profitability and compliance while coordinating with RMS, Back Office, and Compliance teams. 2–10 years of experience is preferred; Mumbai-based role on a trading desk.

Qualifications

• Strong understanding of Equity Cash, Futures & SLBM.
• Knowledge of interest rate arbitrage, cost of carry, and margin framework.
• Ability to analyze spreads and execute trades quickly.
• Good understanding of risk management and compliance norms.
• Proficiency in Excel and Make Badla Sheet.

Responsibilities

• Identify arbitrage opportunities between Cash and Futures markets.
• Execute SLBM trades efficiently.
• Monitor price spreads, funding costs, interest rates, and borrowing costs.
• Manage trade execution, rollovers, and square-offs as per strategy.
• Track daily MTM, P&L, margins, and exposure limits.
• Ensure timely settlement of SLBM and arbitrage positions.
• Coordinate with RMS, Back Office, and Compliance teams.

Skills

Equity Cash

Futures

SLBM

Interest rate arbitrage

Cost of carry

Margin framework

Risk management

Compliance norms

Excel

Badla Sheet

Education

Finance/Commerce degree

NISM Certifications

Tools

Make Badla Sheet

Job description

Job Title - CashFutures & SLBM Arbitrage Dealer / Trader

Department

Trading / Proprietary Desk

Location

Mumbai

Experience

2–10 years

Job Purpose

To identify, execute, and manage Cash–Futures and SLBM arbitrage opportunities while ensuring profitability, compliance, and effective risk management.

Key Responsibilities

• Identify arbitrage opportunities between Cash and Futures markets.
• Execute SLBM (Securities Lending & Borrowing Mechanism) trades efficiently.
• Monitor price spreads, funding costs, interest rates, and borrowing costs.
• Manage trade execution, rollovers, and square-offs as per strategy.
• Track daily MTM, P&L, margins, and exposure limits.
• Ensure timely settlement of SLBM and arbitrage positions.
• Coordinate with RMS, Back Office, and Compliance teams.

Required Skills & Knowledge

• Strong understanding of Equity Cash, Futures & SLBM.
• Knowledge of interest rate arbitrage, cost of carry, and margin framework.
• Ability to analyze spreads and execute trades quickly.
• Good understanding of risk management and compliance norms.
• Proficiency in Excel and Make Badla Sheet.

Preferred Qualifications

• Graduate / Post-Graduate in Finance, Commerce, or related field.
• NISM Certifications (Equity Derivatives / Dealers Module) preferred.
• Prior experience on a prop desk or arbitrage desk is an advantage.

Key Competencies

• High attention to detail
• Quick decision-making
• Discipline and risk awareness
• Strong coordination and communication skills