Team Lead - IT at SkillVentory
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Trading Desk Support Role - Equities Exotics Trading Desk (1-2 yrs)
The candidate will be based out of Mumbai and will be working with the Equities Exotics Trading desk (London).The role suits a self motivated, highly energetic individual who has a strong background in mathematical analysis. The role offers great opportunity to the candidates to build on their knowledge of and exposure to interest rate products, risks as well as valuation.
The candidate will be involved in -
Scenario Analysis/Model Calibration/Risk Reporting
Monitor upcoming autocall/barrier events, send report to trading/sales
Track daily price movement in the books vs the market. Analyse the correlation in the movement.
Track and analyse the hit-ratios for all of the Exotics books
Daily PnL Attribution
Reverse Engineer exotic market quotes from the inter-dealer broker market and maintain a database
Send periodic pricing runs together in conjunction with trading and FE desk
Generate internal marketing presentations for products
Custom indices - daily market data validation and maintenance
Track/Monitor Index changes coming up in the week ahead.
Inventory Management/Treasury Unwinds
Engineers (Tier 1 institute) with MBAs (preferred but not must)
1-3 years- work experience in Banking/Financial Services in Equity Exotics - Hybrids, SNO, Index Derivatives
Coursework/Strong understanding in Economics, Econometrics, Finance
Good communication skills - written as well as telephonic. There will be regular communication with the trading desk and the person needs to be able to understand the requirements and express their thoughts clearly.
High level of attention to detail
Proficiency in MS Office products - Excel, Powerpoint
Advance knowledge of VBA and programming in C++
Coursework in Statistics is a plus
In addition, the candidate should have theoretical or practical understanding of -
Option Greeks and their behavior over time
Derivative products like Swaps, Swaptions, Spread Options, Cap/Floors, range accruals, Digitals etc.
Basic options trading strategies
General behavior of Equity Derivatives markets - Flow and Structured Products
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