Sales Trader - Derivatives

Equirus Capital Pvt. Ltd.; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

A leading mid-market investment bank, based in Mumbai, is seeking a highly skilled Derivatives Sales Trader. This role focuses on managing institutional relationships and executing complex trades in the derivatives market. The ideal candidate has a Master’s degree and over 5 years of experience in the field, demonstrating expertise in arbitrage and options strategies. Competitive salary and growth opportunities are offered in a dynamic work environment.

Qualifications

• Minimum 5 years in derivatives sales trading at a broking firm or investment bank.
• Proven expertise in arbitrage and options trading.
• Strong understanding of equity derivatives and volatility products.
• Strong understanding of equity derivatives, index futures/options and volatility products.
• Proficiency with Bloomberg, Omnesys and derivatives analytics tools.
• Excellent quantitative and risk management skills.

Responsibilities

• Build and maintain ties with institutional clients for derivatives trading.
• Identify and execute arbitrage opportunities across markets.
• Ensure trades comply with regulatory frameworks.
• Business Development: expand institutional derivatives client base and source block trades.
• Collaboration: work with research, structuring and algo teams to deliver ideas.

Skills

Arbitrage

Options strategies

Market execution

Client relationship management

Trading strategies

Risk management

Quantitative analysis

Block sourcing

Education

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

Tools

Bloomberg

Omnesys

Derivatives analytics tools

Job description

Mumbai, Career Level: Refer to Job Description for experience details. Education: Post Graduate.

Salary: Negotiable, Positions: 1, No. of Application: 0, Job Views: 10.

Job Description:

About Equirus

Equirus is a leading mid‐market investment bank with strong practices around M&A, PE, Capital Markets, Institutional Equities, Wealth Management, Insurance Broking, and Portfolio Management Services.

We pride ourselves in being a trusted Investment bank servicing customers with the best results in advisory for their investments, best corporates for their growth & capital needs, and families in managing their wealth. Led by seasoned bankers, we work with the largest and the most reputed investors.

This role reports to the Head-Equity Derivatives Trading.

Job Description

We are seeking a highly skilled Derivatives Sales Trader with deep expertise in arbitrage, options strategies, special situations trading, and advanced market execution. The role demands strong market instincts, the ability to structure and execute complex trades, and a proven track record in managing institutional relationships. You will connect our trading capabilities with institutional clients, delivering innovative derivative solutions that drive business growth.

Key Responsibilities

• Client Relationship Management: Build and maintain strong ties with 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 ideas, and structured trade recommendations.
• Trading & Strategy Execution: 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.
• Risk & Compliance: 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.
• Collaboration: 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.

Location(s): Mumbai.

Requirement Specification (Qualifications & Experience)

• Master’s degree in finance, Economics, Business, or a 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.
• Skills:
• Exceptional market analysis and trade structuring skills.
• Proficiency in Bloomberg, Omnesys, and derivatives analytics tools.
• Strong quantitative and problem-solving abilities.
• In-depth knowledge of risk management and regulatory frameworks for derivatives.
• Expertise in pairs trading, block sourcing, and algorithmic trading development.
• Entrepreneurial mindset with self-motivation, high ethical standards, responsiveness, and the ability to mentor junior team members.