Trader - Options Portfolio Manager (Night shift)

3 days ago


india Delta Exchange Full time

Job Description: Trader - Options Portfolio Manager  

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 to 8 AM IST, to manage trading activities effectively.

 


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