Sales Trader (Derivatives)

Equirus Capital Pvt. Ltd.; Mumbai; On-site; INR 1,500,000 - 2,000,000; Full time

Job summary

A prominent financial services provider in Mumbai is seeking an experienced Derivatives Sales Trader to build relationships with institutional clients. The successful candidate will identify arbitrage opportunities and execute trading strategies, working closely with research and structuring teams. Ideal candidates should have a Master’s degree and a minimum of 5 years of experience in derivatives sales. Key skills include strong market analysis, communication, and understanding of risk management. The firm offers a collaborative environment and opportunities for growth.

Qualifications

• Minimum 5 years in derivatives sales trading, preferably at a broking firm or investment bank.
• Proven expertise in arbitrage, options trading, and pairs trading strategies.
• Strong understanding of equity derivatives and volatility products.

Responsibilities

• Build and maintain strong ties with institutional clients for derivatives-related opportunities.
• Identify and execute arbitrage opportunities across cash, futures, and options markets.
• Expand the institutional derivatives client base through business development.

Skills

Arbitrage expertise

Options trading

Market analysis

Communication skills

Relationship management

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.