An institutional equities desk is hiring a Derivative Trader for its dealing function.
Key requirements and responsibilities
- Handle institutional dealing, specifically arbitrage trades for DII, mutual fund and FPI or proprietary books
- Trade large arbitrage and rollover files via GREEK
- Churn arbitrage positions to meet client mandates
- Handle execution errors efficiently
- Apply a solid understanding of arbitrage, dividends and roll concepts
- Train and mentor junior traders
MANDATORY REQUIREMENT: proven ability to trade large arbitrage and rollover files. Knowledge of Omnesys or Utrade is an advantage. Candidate profile: 3 to 7+ years in institutional dealing with arbitrage exposure. Excel proficiency preferred. Candidates from well-ranked institutional broking houses with relevant experience are preferred.
Note: this is an execution-weighted seat. Candidates seeking a client-facing sales trading role should refer to the Sales Trader cum Dealer position listed separately