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.
Positive 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
Robust coordination and communication skills