Job Title: Equity Dealer

We are seeking a highly motivated and detail-oriented individual to join our team. As an Equity Analyst, you will work closely with senior traders to execute trades, manage positions, analyse market trends, and assist in the development and implementation of trading strategies. This role requires strong analytical skills, attention to detail, and the ability to thrive in a fast-paced and dynamic trading environment.

Responsibilities:

• Execute equity trades accurately and efficiently in accordance with established trading strategies and risk parameters.
• Monitor and manage trading positions, including identifying and addressing potential risks and opportunities.
• Analyze market data, news, and trends to identify potential trading opportunities and inform decision-making.
• Provide operational support to traders, including trade reconciliation, order management, and trade settlement activities.
• Assist in monitoring and managing risk exposure, including tracking portfolio performance and implementing risk mitigation strategies.
• Collaborate with traders, analysts, and other stakeholders to share insights, coordinate activities, and facilitate effective decision-making.
• Utilize trading platforms, analytical tools, and other technologies effectively to enhance trading efficiency and performance.
• Stay abreast of market developments, industry trends, and best practices in trading to enhance skills and knowledge.

Qualifications:

• Bachelor's degree in finance, economics, mathematics, or a related field preferred.
• Prior experience in equity markets, either through internships or full-time roles.
• Strong analytical and quantitative skills, with proficiency in Excel and other analytical tools.
• Excellent communication and interpersonal skills, with the ability to work effectively in a team environment.
• Detail-oriented with a high level of accuracy and a proactive approach to problem-solving.
• Ability to thrive in a fast-paced and dynamic trading environment, with a sense of urgency and adaptability.
• Knowledge of financial markets, trading instruments, and trading strategies.
• Familiarity with trading platforms, order management systems, and market data sources is a plus.
• Commitment to integrity, professionalism, and ethical conduct in all aspects of work.
• Certifications: NISM Series – VIII

Job Type: Full-time

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.

Responsibilities

• Trading on Proprietary desk
• Working on different Nifty and Bank Nifty strategies including ratio, calendar, butterfly spreads
• Gather and evaluate financial and technical data and finding trends in the market
• Analyse market data and sentiment through research
• Margins and exposure are subjected to knowledge, experience and style

Qualifications

• Preferred: Prior experience in options trading and complete knowledge about practical dynamics of FnO
• Knowledge about option greeks
• Should be able to trade on delta, vega, theta and IV
• Coursework in commerce, finance, economics, statistics or mathematics preferred
• The candidate should be ambitious and motivated with high levels of energy and a willing to learn and grow attitude

Desired Skills

• Attention to detail and strong communication skills
• Willing to take initiative
• Result-oriented approach
• Ability to build long-lasting relationships and influence others with a high level of professionalism
• Ability to work in a fast paced environment

Benefits

• Opportunity to grow in a fast-paced environment
• Fixed Salary + Performance Based Bonus

Roles and Responsibilities

• Knowledge of admin functionality of BOW and GreekSoft
• Daily monitoring and setting of limits for clients and Proprietary trading desk
• Expertise in Proprietary Risk Management, Market and Operational Risk Management in order to monitor proprietary desk positions, limits and MTM
• Generate and report the PnL and MTM for proprietary desk and individual dealers to senior management
• Strong understanding of trading strategies and Option Greeks in order to monitor delta using GreekSoft for trades executed on an ongoing daily basis
• Responsible for monitoring and reporting to Exchange for segregation and allocation reporting for all exchanges
• Closely working with the Proprietary and Client desks to understand the requirements of middle office tasks and executing it in timely and effective manner
• Monitoring NSE N-MASS
• Successful management of dealer access, connectivity and BOD/EOD RMS procedures
• Formulation of Risk Management policy including terminal limit to ensure adherence of risk policies across equity and derivatives desks

Desired Candidate Profile

• Experience with BOW, GreekSoft Admin terminal, NSE N-MASS
• Strong analytical mindset and strong control focus with the ability to initiate and drive projects
• Strong knowledge of SEBI regulations of CM, Equity and Derivatives
• Experience in RMS
• Strong skills for ad hoc Crisis management
• Strong proficiency in Excel
• Constantly demonstrated good communication skills
• Willing to learn and take initiative
• Effective problem-solving skills

Role Description:

As a Back Office Executive, the candidate will be working closely with the back office team to overlook the entire back-office work of equities and derivatives segment of all exchanges and DP operations. We are looking for a driven candidate who is willing to take initiative to improve and upgrade the back office system by remaining in touch with the back office vendor. The candidate will be responsible for uploading different files through NMASS and ENIT to the exchange. Additionally, the candidate is expected to conduct all BOD and EOD tasks for Cash and FO segment.

The candidate is required to have previous experience in a similar role. Knowledge of Comtek and CDAS is required.

Key Responsibilities Areas:

• Overlooking day-to-day work of the back office (Equity, FO and DP).
• A practical experience of account opening, pay-in, pay-out to the exchange and pledge creation
• Processing EOD margin files, trade files and generating contract-cum-bill
• Coordination and liaison with depository participants and other intermediaries related to the securities market.
• Closely working with the equities desk to understand the requirements on back office tasks and executing it in timely and effective manner.
• Fulfilling client necessities and assisting them with Demat account opening queries.
• Having knowledge about RMS of trading software
• Monitoring clients daily risk position
• Heading necessary processes on a regular basis in the RMS, DP and CRF process.

Skills:

• REQUIRED: Experience in Depositary Participant operations and back office
• REQUIRED: Experience and/or knowledge about Comtek, CDAS
• Knowledge in Back Office and CDSL.
• Strong proficiency in Excel, MIS and Back Office.
• Constantly demonstrated good communication skills.
• Willing to learn and take initiative.
• Effective problem-solving skills.