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