Senior Commodity Derivatives Trader

Alpha Alternatives; Mumbai; On-site; INR 3,000,000 - 5,400,000; Full time

Job summary

Alpha Alternatives is seeking a senior commodity derivatives trader to lead the long side of our Commodity Long/Short strategy from Mumbai. This front-office, P&L-accountable role offers end-to-end ownership of trade ideas, portfolio construction, risk management, and investment outcomes.

You will own and scale the long-side strategy across commodity markets, generate ideas across futures, options and spreads, and develop investment views by integrating macro, fundamental, and technical factors.

Qualifications

• 7–10 years of experience in commodity derivatives trading.
• Strong understanding of futures, options and spreads.
• Experience across energy, bullion, metals or agriculture.
• Demonstrable, attributable trading track record.
• Knowledge of MCX/NCDEX and global benchmarks (COMEX/ICE/LME).
• Awareness of SEBI regulations and exchange margin frameworks is a plus.

Responsibilities

• Lead development and implementation of the long-side strategy across commodity markets.
• Generate high-conviction trade ideas across futures, options and spreads.
• Own position sizing, portfolio construction, risk management and P&L.
• Develop investment views by synthesising macro, fundamental and technical factors.
• Articulate th e thesis, risks, and role within the portfolio.
• Build and scale the strategy with high ownership and limited handholding.
• Monitor market developments and portfolio risk continuously.
• Progress towards a leadership and investor-facing role.

Skills

Independent thinking

Risk management

Analytical ability

Communication skills

Education

Premier institute degree (IIT/IIM/ISB/NIT)

Job description

We are looking for a senior commodity derivatives trader to lead the long side of our Commodity Long/Short strategy, with a clear pathway to independently managing a full-scale commodity long/short fund.

This is a front-office, P&L-accountable role with end-to-end ownership of trade ideas, portfolio construction, risk management and investment outcomes.

Key Responsibilities

• Lead the development and implementation of the long-side strategy across commodity markets.
• Generate and evaluate high-conviction trade ideas across futures, options and spreads.
• Take full ownership of position sizing, portfolio construction, risk management and P&L.
• Develop investment views by synthesising macro, fundamental and technical factors.
• Clearly articulate the thesis behind each trade, key risks, invalidation points and its role within the overall portfolio.
• Build and scale the strategy independently, with a high degree of ownership and limited handholding.
• Monitor market developments, portfolio exposures and risk on an ongoing basis.
• Over time, take ownership of the broader Commodity Long/Short strategy and progress towards a leadership and investor-facing role.

Experience & Qualifications

• 7–10 years of relevant experience in commodity derivatives trading.
• Strong experience across futures, options and spreads.
• Experience across one or more commodity segments such as energy, bullion, metals or agriculture.
• Demonstrable and verifiable, attributable trading track record.
• Strong understanding of MCX/NCDEX and global commodity benchmarks including COMEX, ICE and LME.
• Understanding of the Indian regulatory environment, including SEBI regulations and exchange margin frameworks, would be an advantage.
• Graduate/postgraduate degree from a premier institute such as IIT, IIM, ISB, NIT or a global equivalent.

Core Competencies

• Strong independent and structured thinking.
• Ability to develop investment frameworks and translate them into actionable trades.
• Strong analytical and quantitative ability.
• High ownership and accountability for investment outcomes.Strong understanding of portfolio risk and position sizing.
• Ability to operate effectively in a fast-paced, high-performance environment.
• Clear communication and ability to articulate investment views and trade rationales.

What We Are Looking For

• Ideas-first mindset with a strong focus on generating differentiated investment opportunities.
• High-performance, low-ego approach to working.
• Entrepreneurial mindset and willingness to build a strategy from the ground up.
• Strong temperament to manage risk and perform in a P&L-driven environment.
• Ambition and capability to grow into a strategy leadership and investor-facing role.