Zanskar Securities - Institutional Execution Dealer - Equities & Derivatives

Institutional Execution Dealer (Equities & Derivatives) - NSE/BSE

Exp: 5 - 10 Years

Location : Mumbai / GIFT City

We are hiring a sharp, dependable Institutional Execution Dealer to own end-to-end client order execution for institutional clients across cash equities and equity derivatives on NSE/BSE. This is a frontline execution role in a lean team-high ownership, fast decisioning, and strict compliance discipline.

This is a non-prop role focused purely on client execution and service.

Key Responsibilities:

1) Client Order Execution (Cash + F&O)

- Receive and validate orders via recorded lines / approved electronic channels

- Execute orders with speed and accuracy on NSE/BSE using ODIN/NOW/OMS-EMS/in-house execution tools

- Handle single-leg and multi-leg orders (spreads/hedges) with clean confirmations

2) Smart / Algo Execution (Benchmarks & Slicing)

- Execute benchmark-style orders: VWAP, TWAP, Close/auction participation, scaling with VWAP

- Manage DMA / algo routing and order slicing to reduce market impact

- Execute structured derivatives strategies: calendar spreads, vertical spreads, straddles/strangles, hedges

3) Real-time Client Communication

- Provide execution updates, fills, and order status during market hours

- Share relevant market color (liquidity, spreads, volatility, flow) supporting execution decisions

4) Risk, Margin & Compliance Coordination

- Ensure pre-trade checks (limits, margins, product eligibility) and coordinate with Risk/Compliance/Ops

- Maintain clean audit trails: order logs, dealer notes, recordings, and regulatory artefacts

5) Post-trade & Reporting

- Daily execution summary, exceptions, and client confirmations

- Support TCA / slippage reporting and execution quality reviews (where required)

Requirements:

- 0-5 years experience as an institutional dealer at a SEBI-registered broker

- NISM Series VIII (Equity Derivatives) mandatory (Series VII/other relevant certifications preferred)

- Strong understanding of equity microstructure, liquidity, impact costs, and options execution

- Proven ability to execute multi-leg strategies and benchmark orders (VWAP/TWAP/Close)

- High ownership + compliance-first mindset; excellent accuracy under pressure

- Comfortable with OMS/EMS tools and Excel-based order/trade sheets

Nice to have:

- Experience with DMA, EMS tools, and algorithmic execution workflows

- Exposure to execution quality metrics (TCA, fill ratios, impact)

Why Join:

High-ownership execution seat in a fast-moving, high-integrity setup where speed, precision, and discipline directly drive client outcomes.