Position Summary
Following is the job description of a portfolio manager specializing in trading of equity derivatives and equity index derivatives. The ideal candidate will have a proven track record in formulating sophisticated trading strategies, utilizing options and derivatives, demonstrating a strong risk management approach and high level of performance track record.
Job Description
- Execute trades in Equity Index & Equity Derivatives in US Markets.
- Formulate and implement trading strategies, including Straddle, Strangle & Vertical Spreads.
- Utilize a deep understanding of Index Derivatives to create Strangles or Modified Strangles.
- Execute buy and sell transactions of far and near expiry Index Options.
- Apply both Technical and Fundamental analysis in developing and executing trading strategies.
- Stay abreast of market trends, economic indicators, and news affecting trading assets.
- Apply technical analysis tools to enhance trading decisions.
- Leverage knowledge of Bloomberg, and other trading tools.
- Stay informed about advancements in trading technology to enhance trading efficiency.
- Manage a Profit and Loss account, taking ownership of trading performance.
Qualifications
- A bachelor’s degree in engineering or mathematics/ economics or related filed.
- Having Master’s degree in added advantage.
- A minimum of 7-8 years of experience in trading.
- Proven experience in proprietary trading with a focus on equity index.
- Expertise in trading strategies such as Straddle, Calendar Spread & Vertical Spreads.
- In-depth knowledge of Index Derivatives, Strangles, Modified Strangles.
- Strong risk management skills and employing hedging strategies.
- Familiarity with Bloomberg, and other trading tools.
- Previous experience with Proprietary desk, Long short, Arbitrage Hedge Fund, or market making is highly desirable.
- Excellent analytical, communication, and interpersonal skills
