Edelwweiss Wealth Management - Options Trader - IIM/ISB/FMS/MDI

Options Trader

Job Purpose:

Trader will be a part of join the Vega Trading desk. The candidate will join an existing team of derivatives traders and work alongside to help improve the desk's performance.

Responsibilities:

1. Perform statistical analysis of historical and current financial market data

2. Generate options trading strategies, validate them with data crunching and pitch them to traders

3. Develop and maintain opportunity trackers and position monitors in the equity derivatives space

4. Learn structuring, pricing and trading/hedging exotic options and eventually do all of these independently

5. Coordinating with Risk and Mid office teams for day-to-day desk activities

6. Gradually run own trading book, take ownership of risk and P&L

Qualification: Bachelor's/Master's degree in statistics, finance, engineering, mathematics, physics, computational finance from tier-1 institute

Experience: 0-3 years of experience

Competencies:

1. Strong quantitative, analytical and problem-solving skills

2. Hands on experience of coding in Python and/or R required

3. Excellent MS Office skills with a strong focus on automation, knowledge of Excel VBA is highly preferred

4. Knowledge of derivatives is a plus but not mandatory

5. Ability to communicate well, thinking on their feet, ability to handle high pressure