Proprietary Futures Trader

Intellectual Capital HR Consulting Pvt. Ltd.; New Delhi; On-site; INR 1,200,000 - 2,300,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. is hiring for a CashFutures & SLBM Arbitrage Dealer/Trader in Mumbai. The role requires 2–10 years’ experience in equity cash, futures and SLBM strategies, with a focus on identifying and executing profitable arbitrage opportunities and managing associated risk and compliance.

The job entails executing trades, monitoring spreads and margins, and coordinating with RMS, Back Office and Compliance to ensure timely settlement and reporting.

Qualifications

• Strong understanding of Equity Cash, Futures and SLBM mechanisms.
• 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 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

Margin framework

Risk management

Excel

Make Badla Sheet

Education

Graduate / Post-Graduate in Finance, Commerce, or related field

NISM Certifications (Equity Derivatives / Dealers Module)

Tools

Excel

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