Karanwal Capital - Risk & Operations Analyst

Risk & Operations Analyst - Systematic Trading Firm

Mumbai (Hybrid) | 1-4 Years Experience

Karanwal Capital is a small systematic trading firm and family office focused on fully automated, data-driven trading strategies across derivatives and listed markets.

We're hiring someone to work closely with the core trading and infrastructure layer of the firm. This is not a middle-office corporate operations role. You'll be directly involved in monitoring live risk, execution systems, broker connectivity, and trade infrastructure during market hours.

The team is intentionally lean. We care more about ownership, technical curiosity, and calm decision-making under pressure than polished corporate backgrounds.

What You'll Work On

- Monitor live positions, margin usage, exposure, and strategy-level risk during market hours

- Track portfolio Greeks and identify abnormal exposure drift across active strategies

- Monitor broker APIs, execution logs, database feeds, and order-routing health

- Investigate execution issues, rejected orders, latency spikes, and reconciliation breaks

- Build internal automation tools/scripts for reporting, trade checks, and operational workflows

- Coordinate incident handling during infrastructure or market-related edge cases

- Support post-trade reconciliation and transaction cost analysis

What We're Looking For

- Strong working knowledge of Python (pandas/numpy preferred)

- Comfortable writing SQL queries and handling structured datasets

- Familiarity with Linux environments, SSH, logs, and basic server monitoring

- Good understanding of derivatives markets, options, order books, and market behavior during volatility

- Ability to troubleshoot methodically under pressure without escalating noise

- Prior exposure to trading systems, broker APIs, risk systems, or market operations is preferred

Preferred Background (Not Mandatory)

- 1-4 years experience in trading operations, risk, quant support, fintech, or systematic trading

- B.Tech / Engineering / Mathematics / Finance background

- CFA / FRM candidates are welcome

Work Structure

Mumbai Hybrid Role

- 2 days/week in office

- 3 days remote

Why This Role Is Different

Most firms separate operations, technology, and trading into rigid silos. We don't.

You'll work directly alongside decision-makers, have visibility into live systems, and contribute to processes that impact actual deployed capital every day. There's very little bureaucracy, no unnecessary reporting layers, and a strong bias toward people who can think independently and execute reliably.

Application Note

Along with your application, include brief answers to the following:

1. A Python tool/library you like using and why?

2. What would you do if a broker API starts rate-limiting requests during a live open position? exposure, what would be your immediate approach?

Short, practical answers preferred.