We are seeking experienced professionals to join our growing team as Team Leaders for our trading desk, specializing in mid-frequency trading strategies. The ideal candidates will have a proven track record in designing and executing trading strategies with a focus on low risk and no delta positions, specifically in Conversion Reversal, Box, and Butterfly strategies.
Responsibilities
Design, develop, and optimize mid-frequency trading strategies using approved software platforms (Greek, Omneysys, Utrade, Multitrade, XTS) and potentially additional software as needed.
Implement strategies that ensure no delta positions and adhere to low-risk trading principles
Lead and manage a team of traders, analysts, and support staff to execute trading strategies effectively.
Provide guidance, mentorship, and training to team members to enhance their trading skills and performance.
Foster a culture of collaboration, innovation, and continuous improvement within the team
Implement robust risk management practices to mitigate trading risks and ensure compliance with regulatory requirements.
Monitor and analyse market trends, liquidity, and volatility to adjust trading strategies as needed.
Utilize approved trading software (Greek, Omneysys, Utrade, Multitrade, XTS) effectively to execute trades, analyse market data, and manage risk.
Evaluate and potentially integrate additional software tools or platforms to enhance trading capabilities and efficiency.
Track and analyze trading performance metrics, including profitability, risk-adjusted returns, and trading costs.
Prepare regular reports and presentations for senior management and stakeholders on trading activities, performance, and strategy updates.
Requirements
Bachelor s degree in Finance, Economics, Mathematics, or related field. Advanced degrees (e.g., MBA, CFA) preferred.
Minimum 5 years of experience as a Team Leader in a brokerage firm or financial institution, with a strong background in mid-frequency trading strategies.
Proven experience managing substantial trading margins (more than 100 crores) and leading teams of 25 people or more.
Demonstrated expertise in designing and implementing Conversion Reversal, Box, and Butterfly strategies with a focus on low risk and no delta positions.
Strong understanding of options pricing, derivatives, and market dynamics.
Familiarity with trading software such as Greek, Omneysys, Utrade, Multitrade, and XTS; ability to adapt and learn new software as required.