Derivatives Trader Specialist

3 days ago


Mumbai, Maharashtra, India Axis Capital Ltd Full time

Job Description:

The Derivatives Trader Specialist will support the business in managing significant trade volumes, focusing on trade reconciliation, currency risk management, and position risk management.

Key Responsibilities:

  • Manage daily trading activities for various derivatives products such as single stock swaps, index swaps, and ETFs.
  • Develop and implement trading strategies with a focus on optimizing returns and managing risk.
  • Liaise with onshore brokers, clearinghouses, and custodians for cash and margin management.
  • Oversee the reconciliation of trades, monitor currency and position risk, and ensure adherence to risk management protocols.
  • Collaborate with Technology, Operations, Quant Strategists, Product Control, and Risk Management teams to enhance existing trade structures and develop new tools.
  • Maintain a deep understanding of Delta One products, including single stock swaps, index swaps, and P-notes.
  • Analyse market trends, price movements, and other factors to identify trading opportunities.
  • Continuously monitor and evaluate market risk exposure to ensure alignment with the firm's risk appetite.

Requirements:

  • Degree in finance, Mathematics, Statistics, Engineering, or any other relevant degree.
  • 8-10 years of experience in derivatives trading, with a focus on Delta One products.
  • Strong knowledge of financial markets and derivatives products, including equity swaps, ETFs, and custom baskets.
  • Existing relationships with Institutional clients.
  • Proficiency in Python or VBA is a plus.
  • Strong analytical and quantitative skills.
  • Ability to work well under pressure, manage multiple tasks, and collaborate with various teams.
  • Self-motivated and proactive, with a strong desire to continuously learn and adapt to market conditions.

Estimated Salary: $120,000 - $180,000 per annum



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