Job Description: Flow Trader
Position Overview:
We are seeking a highly skilled and motivated individual to join our team as a trader - Options Portfolio Manager. The candidate will be responsible for managing a portfolio focused on options and futures trading, with a strong emphasis on flow trading strategies. The role requires expertise in data analysis, coding, risk management, and options pricing models. The ideal candidate should be able to thrive in a fast-paced trading environment and demonstrate a track record of success in managing trading books and optimizing profitability.
Key Responsibilities:
- Conduct market analysis and screen trading activities to identify hedging opportunities and execute trades effectively
- Utilize advanced data analysis techniques to crunch market data, analyze historical trends, and change pricing in the real time
- Analyse and enhance systematic flow trading models using programming languages such as R and Python.
- Manage trading books, including monitoring risk exposure and implementing hedging strategies.
- Take ownership of profit and loss (P&L) statements, track portfolio performance, and identify areas for improvement.
- Optimize model parameters to ensure profitability and quality of pricing models, conducting backtesting and refining strategies as needed.
- Utilize advanced options pricing models such as Black-Scholes and Binomial Options Pricing Model to make informed trading decisions.
Collaborate with the team to continuously innovate trading strategies and improve trading processes
Requirements
Qualifications:
- Bachelor's degree in Finance, Economics, Mathematics, Computer Science, or related field. Master's degree or CFA designation is a plus.
- Proven experience in options portfolio trading, with a strong understanding of market dynamics and trading strategies.
- Proficiency in programming languages such as R and Python, with experience in developing systematic trading models.
- Strong analytical skills and experience in data analysis, with the ability to crunch large datasets and derive actionable insights.
- Experience working at a flow desk and taking ownership of profit and loss (P&L) statements.
- Familiarity with options pricing models and derivatives pricing theory.
- Excellent communication and collaboration skills, with the ability to work effectively in a team-oriented environment.
- Availability to work weekends, from 10 PM IST to 8 AM IST, to manage trading activities effectively.
