Job Title - CashFutures & SLBM Arbitrage Dealer / Trader
Department
Trading / Proprietary Desk
Location
Mumbai
Experience
2–10 years
Job Purpose To identify, execute, and manage Cash–Futures and SLBM arbitrage opportunities while ensuring profitability, compliance, and effective risk management.
Key Responsibilities
- Identify arbitrage opportunities between Cash and Futures markets.
- Execute SLBM (Securities Lending & Borrowing Mechanism) trades efficiently.
- Monitor price spreads, funding costs, interest rates, and borrowing costs.
- Manage trade execution, rollovers, and square-offs as per strategy.
- Track daily MTM, P&L;, margins, and exposure limits.
- Ensure timely settlement of SLBM and arbitrage positions.
- Coordinate with RMS, Back Office, and Compliance teams.
Required Skills & Knowledge
- Robust understanding of Equity Cash,
Futures & SLBM.
- Knowledge of interest rate arbitrage, cost of carry, and margin framework.
- Ability to analyze spreads and execute trades quickly.
- Good understanding of risk management and compliance norms.
- Proficiency in Excel and Make Badla Sheet.
Preferred Qualifications
- Graduate / Post-Graduate in Finance, Commerce, or related field.
- NISM Certifications (Equity Derivatives / Dealers Module) preferred.
- Prior experience on a prop desk or arbitrage desk is an advantage.
Key Competencies
- High attention to detail
- Quick decision-making
- Discipline and risk awareness
- Strong coordination and communication skills