Dealer

2 days ago

Mumbai, Maharashtra, India CLSA Full time ₹ 15,00,000 - ₹ 25,00,000 per year
Position Title: DealerDepartment: TradingJob location: MumbaiPosition DescriptionEquity Dealer will be responsible for executing buy and sell orders of equities on behalf of institutional clients. They will serve as a key intermediary between clients and the stock exchanges, ensuring timely and accurate trade execution. The dealer will maintain close communication with clients and internal teams to provide updates and support for the desk's daily operations. The role demands a high level of market awareness, precision, and adherence to compliance standards to optimize trading performance and client satisfaction.Key Areas of Responsibilities
  • Executing trades for institutional clients with utmost efficiency and accuracy:
    The dealer must swiftly and precisely execute buy and sell orders based on client instructions. This involves monitoring market conditions, ensuring orders are filled at the best possible prices, and minimizing execution risk. Accuracy is paramount to prevent costly errors and ensure client trust.
  • To update traders regularly:
    Maintain continuous communication with other traders and desk staff to share real-time market information, trading status updates, and any relevant market movements. This coordination ensures the team functions cohesively and responds swiftly to market changes or client requests.
  • To assist in any other requirements of the desk:
    Provide support in various operational tasks such as preparing reports, managing client queries, processing trade documentation, and ensuring compliance with internal and regulatory standards. Flexibility to handle ad hoc requests is essential to the smooth running of the trading desk.
   Requirements
  • Executing trades for institutional clients with utmost efficiency and accuracy:
  • The dealer must swiftly and precisely execute buy and sell orders based on client instructions. This involves monitoring market conditions, ensuring orders are filled at the best possible prices, and minimizing execution risk. Accuracy is paramount to prevent costly errors and ensure client trust.
  • To update traders regularly:
  • Maintain continuous communication with other traders and desk staff to share real-time market information, trading status updates, and any relevant market movements. This coordination ensures the team functions cohesively and responds swiftly to market changes or client requests.
  • To assist in any other requirements of the desk:
  • Provide support in various operational tasks such as preparing reports, managing client queries, processing trade documentation, and ensuring compliance with internal and regulatory standards. Flexibility to handle ad hoc requests is essential to the smooth running of the trading desk.
  • Bachelor's / Master's degree or in Finance/Trading discipline
  • Minimum 6 years of relevant experience in above areas of responsibilities
  • Excellent command of / fluent in both spoken and written language in English

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