Job Description

We are seeking experienced professionals to join our team as Team Leaders for our trading desk, specializing in mid-frequency trading strategies with a focus on options intraday models. The ideal candidates will have a proven track record in designing and implementing trading strategies, utilizing options extensively, and leveraging the following approved trading software platforms:

• Greek
• Omneysys
• Utrade
• Multitrade
• XTS

Key Responsibilities:

Strategy Development:

• Design and develop intraday trading strategies, particularly focusing on options, using sophisticated models and algorithms.
• Optimize strategies to achieve competitive advantage and superior risk-adjusted returns in mid-frequency trading environments.

Team Leadership:

• Lead a team of traders, analysts, and support staff in executing trading strategies effectively.
• Provide guidance, mentorship, and training to team members to enhance their skills in options trading and strategy development.
• Foster a collaborative and innovative team culture that encourages continuous learning and improvement.

Software Utilization and Integration:

• Utilize and potentially integrate additional trading software tools as needed to enhance trading capabilities and efficiency.
• Ensure proficient use of approved software platforms (Greek, Omneysys, Utrade, Multitrade, XTS) for trade execution, analysis, and risk management.

Risk Management and Compliance:

• Implement robust risk management practices to mitigate trading risks and ensure compliance with regulatory requirements.
• Monitor and analyze market trends, liquidity, and volatility to adjust trading strategies and positions accordingly.

Performance Monitoring and Reporting:

• 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 options trading and mid-frequency trading strategies.
• Proven track record of designing and implementing successful options intra day trading strategies.
• Experience managing substantial trading margins (more than 100 crores) and leading teams of 25 people or more.
• Familiarity with trading software such as Greek, Omneysys, Utrade, Multitrade, and XTS; ability to adapt and learn new software as required.