Team leaders (Quant)

We are seeking experienced professionals to join our team as Team Leaders for our trading desk, specializing in mid-frequency trading strategies with a focus on options intraday models. The ideal candidates will have a proven track record in designing and implementing trading strategies, utilizing options extensively, and leveraging the following approved trading software platforms:

• Greek
  
• Omneysys
  
• Utrade
  
• Multitrade
  
• XTS
  

Key Responsibilities:

1. Strategy Development:
   

   • Design and develop intraday trading strategies, particularly focusing on options, using sophisticated models and algorithms.
     
   • Optimize strategies to achieve competitive advantage and superior risk-adjusted returns in mid-frequency trading environments.
     

2. Team Leadership:
   

   • Lead a team of traders, analysts, and support staff in executing trading strategies effectively.
     
   • Provide guidance, mentorship, and training to team members to enhance their skills in options trading and strategy development.
     
   • Foster a collaborative and innovative team culture that encourages continuous learning and improvement.
     

3. Software Utilization and Integration:
   

   • Utilize and potentially integrate additional trading software tools as needed to enhance trading capabilities and efficiency.
     
   • Ensure proficient use of approved software platforms (Greek, Omneysys, Utrade, Multitrade, XTS) for trade execution, analysis, and risk management.
     

4. Risk Management and Compliance:
   

   • Implement robust risk management practices to mitigate trading risks and ensure compliance with regulatory requirements.
     
   • Monitor and analyse market trends, liquidity, and volatility to adjust trading strategies and positions accordingly.
     

5. Performance Monitoring and Reporting:
   

   • Track and analyse trading performance metrics including profitability, risk-adjusted returns, and trading costs.
     
   • Prepare regular reports and presentations for senior management and stakeholders on trading activities, performance, and strategy updates.
     

Requirements

• 
  
• Bachelor’s degree in Finance, Economics, Mathematics, or related field. Advanced degrees (e.g., MBA, CFA) preferred.
  
• Minimum 5 years of experience as a Team Leader in a brokerage firm or financial institution, with a strong background in options trading and mid- frequency trading strategies.
  
• Proven track record of designing and implementing successful options intra day trading strategies.
  
• Experience managing substantial trading margins (more than 100 crores) and leading teams of 25 people or more.
  
• Familiarity with trading software such as Greek, Omneysys, Utrade, Multitrade, and XTS; ability to adapt and learn new software as required.
  

Benefits

• Competitive salary and incentive structure.
  
• Medical insurance for the candidate's family.
  
• Employee-friendly culture with opportunities for professional growth.
  
• Additional HR benefits to be detailed by the HR team.