Team leaders (Quant)

Findoc Investmart Private; Gurgaon; On-site; INR 3,000,000 - 6,000,000; Full time

Benefits offered by this job

Competitive salary

Medical insurance for family

Employee-friendly culture

Job summary

A financial trading firm in Gurgaon is seeking experienced Team Leaders for their trading desk, specializing in mid-frequency options trading. Candidates should have at least 5 years' experience in managing trading strategies and teams, preferably in a brokerage or financial institution. The successful applicant will lead, mentor team members, and ensure effective trade execution using approved software tools. This role offers a competitive salary, medical benefits, and a supportive culture for professional development.

Qualifications

• Minimum 5 years of experience in options trading and mid-frequency trading strategies.
• Proven track record in designing successful intraday trading strategies.
• Experience managing trading margins over 100 crores.
• Experience managing substantial trading margins (>100 crores) and leading teams of 25+ people.
• Familiarity with trading software such as Greek, Omneysys, Utrade, Multitrade and XTS; ability to adapt and learn new software.

Responsibilities

• Design and develop intraday trading strategies focusing on options.
• Lead a team of traders and analysts in executing trading strategies.
• Monitor market trends and adjust trading strategies accordingly.
• Provide guidance, mentorship, and training to team members in options trading and strategy development.

Skills

Options trading

Team leadership

Trading strategy development

Risk management

Mentorship

Trading strategy design

Education

Bachelor’s degree in Finance, Economics, Mathematics

MBA or CFA preferred

Tools

Greek

Omneysys

Utrade

Multitrade

XTS

Job description

Findoc Investmart Private Ltd | Full time

Team leaders (Quant)

Gurgaon Kty., India | Posted on 10/11/2024

We are seeking experienced professionals to join our team as Team Leaders for our trading desk, specializing in mid-frequency trading strategies with a focus on options intraday models. The ideal candidates will have a proven track record in designing and implementing trading strategies, utilizing options extensively, and leveraging the following approved trading software platforms:

• Greek
  
• Omneysys
  
• Utrade
  
• Multitrade
  
• XTS
  

Key Responsibilities:

• Design and develop intraday trading strategies, particularly focusing on options, using sophisticated models and algorithms.
  
• Optimize strategies to achieve competitive advantage and superior risk-adjusted returns in mid-frequency trading environments.
  
• Lead a team of traders, analysts, and support staff in executing trading strategies effectively.
  
• Provide guidance, mentorship, and training to team members to enhance their skills in options trading and strategy development.
  
• Foster a collaborative and innovative team culture that encourages continuous learning and improvement.
  

Software Utilization and Integration:

• Utilize and potentially integrate additional trading software tools as needed to enhance trading capabilities and efficiency.
  
• Ensure proficient use of approved software platforms (Greek, Omneysys, Utrade, Multitrade, XTS) for trade execution, analysis, and risk management.
  

Risk Management and Compliance:

• Implement robust risk management practices to mitigate trading risks and ensure compliance with regulatory requirements.
  
• Monitor and analyse market trends, liquidity, and volatility to adjust trading strategies and positions accordingly.
  

Performance Monitoring and Reporting:

• Track and analyse trading performance metrics including profitability, risk-adjusted returns, and trading costs.
  
• Prepare regular reports and presentations for senior management and stakeholders on trading activities, performance, and strategy updates.
  

Requirements

• Bachelor’s degree in Finance, Economics, Mathematics, or related field. Advanced degrees (e.g., MBA, CFA) preferred.
  
• Minimum 5 years of experience as a Team Leader in a brokerage firm or financial institution, with a strong background in options trading and mid- frequency trading strategies.
  
• Proven track record of designing and implementing successful options intra day trading strategies.
  
• Experience managing substantial trading margins (more than 100 crores) and leading teams of 25 people or more.
  
• Familiarity with trading software such as Greek, Omneysys, Utrade, Multitrade, and XTS; ability to adapt and learn new software as required.
  
• Competitive salary and incentive structure.
  
• Medical insurance for the candidate's family.
  
• Employee-friendly culture with opportunities for professional growth.
  
• Additional HR benefits to be detailed by the HR team.