Proprietary Futures Trader

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

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. in Mumbai is seeking a CashFutures & SLBM Arbitrage Dealer/Trader with 2–10 years of experience to identify, execute, and manage arbitrage opportunities across cash and futures markets.

You will monitor spreads, funding costs, and margins, execute SLBM trades, and coordinate with RMS, back office, and compliance to ensure profitability and risk governance. The role requires strong knowledge of equity cash, futures, SLBM, and a disciplined approach to

Qualifications

• Strong knowledge of Cash, Futures, and SLBM arbitrage concepts.
• Ability to analyze spreads and execute trades quickly.
• Familiarity with risk management and compliance norms.
• Proficiency in data analysis and Excel.

Responsibilities

• Identify arbitrage opportunities between Cash and Futures markets.
• Execute SLBM trades efficiently.
• Monitor spreads, funding costs, and margins.
• Manage trade execution, rollovers, and square-offs per strategy.
• Track MTM, P&L, and exposure limits.
• Coordinate with RMS, Back Office, and Compliance teams.

Skills

Arbitrage execution

Equity Cash & Futures

SLBM knowledge

Risk management

Excel proficiency

Make Badla Sheet

Education

Graduate / PG in Finance, Commerce

NISM Certifications (Equity Derivatives / Dealers Module)

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