Univest – Assistant Vice President/Vice President – Research/Options Trader

Univest Communication Technologies Private Limited; Gurugram District; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

A leading financial services firm in Gurgaon is seeking a Senior Options Trader to manage options risk and develop trading strategies. This full-time position requires strong analytical abilities and a background in derivatives trading. The ideal candidate will work closely with software developers and analysts in a fast-paced environment, utilizing tools like Opstra and Sensibull. A post-graduate degree in a quantitative field is preferred.

Qualifications

• Several years of actual derivatives trading experience.
• Strong experience working independently and in a collaborative environment.
• Entrepreneurial, self-motivated individual with high energy.

Responsibilities

• Manage options risk of an active, electronic trading platform.
• Deploy market making and trading strategies for options.
• Analyze trading performance and improve trading logic.

Skills

Knowledge of option trading strategies

Strong analytical abilities

Very strong communication skills

Ability to work in a fast paced environment

Hands on expertise with trading tools

Education

Post-Graduate degree in quantitative disciplines

Tools

Opstra

Sensibull

OI Pulse

Job description

Overview

AVP/ VP – Options Trader

What are we looking for?

• We are looking for a Senior Options Trader (NISM qualified pref.) and it is a full time opportunity based in Gurgaon. 5 days working with fast paced development culture.
• Looking for a talented Options trader for a SEBI Registered RA firm.
• Multi-faceted role includes market making and risk management of options and developing option strategies.
• In the company, software developers, traders and analysts work closely together and collaboratively and our trading is highly technology dependent – thus being technology savvy is a must.

Responsibilities

• Managing the options risk of an active, electronic and automated trading platform with ability to understand portfolio level hedging of Greeks.
• A trader who will deploy index and single stock option market making and trading strategies and has worked either with broking houses or prop trading desks running various option based strategies.
• Analysis of trading performance and development of new logic to improve trading performance. Work closely with programmers to manage the development of sophisticated trading/risk systems – which includes understanding requirements, developing new functionality etc.

Qualifications / Requirements

• Knowledge of derivatives and options- in particular option trading strategies
• Knowledge of options – pricing, Greeks, volatility trading, hedging
• Several years of actual derivatives trading experience
• Strong analytical abilities including the use of Excel for analysis
• Ability to work in a fast paced environment
• Very strong communication skills- ability to present ideas and strategies clearly and interact well with both peers as well as senior management
• Hands on expertise of tools like: Opstra, Sensibull, OI Pulse etc.
• Post-Graduate degree in statistics, finance, mathematics, engineering (Computer Science) or other quantitative or computational disciplines
• Strong experience working both independently and, in a team-oriented collaborative environment.
• Entrepreneurial, self-motivated individual high energy, high activity levels passion for working with an innovative, small but rapidly growing company