Sales Trader (Derivatives)

Equirus; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

A mid-market financial services provider in Mumbai seeks a Derivatives Sales Trader to build strong ties with institutional clients. The ideal candidate will have a Master’s degree and at least 5 years of experience in derivatives trading. Responsibilities include identifying arbitrage opportunities, managing regulatory compliance, and expanding the client base. Strong understanding of equity derivatives and exceptional market analysis skills are essential for this role.

Qualifications

• Minimum 5 years in derivatives sales trading, preferably at a broking firm/investment bank/proprietary trading house.
• Proven expertise in arbitrage, options trading, special situations strategies, and pairs trading.
• Strong understanding of equity derivatives, index futures/options, and volatility products.

Responsibilities

• Build and maintain strong ties with institutional clients.
• Identify and execute arbitrage opportunities across cash, futures, and options markets.
• Ensure trades comply with risk/regulatory frameworks.
• Expand institutional derivatives client base.
• Collaborate with research and structuring teams.

Skills

Arbitrage

Options trading

Special situations strategies

Pairs trading

Market analysis

Education

Master’s degree in finance, Economics, Business, or related field

Tools

Bloomberg

Omnesys

Job description

Equirus, a mid- market, full service Financial Services provider, backed by prominent investors and founded in July 2007. Since then Equirus have been providing investment banking & related advisory services for Indian Corporates. Equirus has been a house banker for many of its clients providing for Private Equity, Mergers & Acquisitions, Equity Capital, Debt Capital and Structured Finance advisory.Over the last 13 years, Equirus has built impeccable credentials and market standing across domains and has created a niche for itself in its ability to structure and deliver transactions in-line with client requirements with closing over 150 successful transactions across Capital raising and M&A.Equirus has an Institutional equities arm and the Research house which covers more than 192 stocks across sectors and has created a niche for itself in an extremely competitive environment. It is increasingly getting identified as the go-to house for mid-caps companies amongst Domestic as well as foreign institutional investors.The Portfolio Management Services launched in 2016 has recorded an exceptional performance of its Equirus Long Horizon Fund since inception.Equirus has now forayed into the wealth business to offer investment solutions to high networth individuals (HNIs) and mass affluent clients. Equirus Wealth is a holistic Wealth Platform formed with the objective of providing Client Centric, Comprehensive and Transparent services for Individuals, Families and Corporates.

Job Description

Build and maintain strong ties within institutional clients (Including domestic mutual funds, hedge funds, asset managers, proprietary trading desks); act as key contact for derivatives-related opportunities, providing tailored trade ideas and market intelligence; Disseminate firm research, Trading Idea, and structured trade recommendations.

Identify and execute arbitrage opportunities across cash, futures, and options markets; design/execute option strategies (directional, volatility, spreads, hedging); Engage in special situations trading (including events, corporate actions & index rebalancing plays); execute pairs trading strategies; monitor market conditions, liquidity and pricing for optimal execution.

Ensure trades comply with risk/regulatory frameworks; manage margins, limits, exchange rules; monitor & manage trade exposures ensuring alignment with client mandates and firm policy.

Business Development:

Expand institutional derivatives client base; Collaborate with research and structuring teams to design bespoke derivative products; source and execute block trades to enhance liquidity.

Partner with proprietary trading desks, research analysts, and structuring teams to deliver trade ideas; enhance in-house trade algorithms; provide feedback on market trends, client needs & product innovation to internal stakeholders.

Requirements

• Master’s degree in finance, Economics, Business, or related field.
• Minimum 5 years in derivatives sales trading, preferably at a broking firm/ investment bank/ proprietary trading house.
• Proven expertise in arbitrage, options trading, special situations strategies, and pairs trading.
• Strong understanding of equity derivatives, index futures/options, and volatility products.
• Exceptional market analysis and trade structuring skills.
• Proficiency in Bloomberg, Omnesys, and derivatives analytics tools.
• Strong quantitative and problem-solving abilities.
• Excellent communication, negotiation, and relationship management skills.
• In-depth knowledge of risk management and regulatory frameworks for derivatives.
• Expertise in pair trading, block sourcing, and algorithmic trading development.
• Entrepreneurial mindset with self-motivation, high ethical standards, responsiveness, and the ability to mentor junior team members.