Manager/Assistant Manager - Quant & Market Structure

Position Title with Designation: Manager / Assistant Manager (Quant and Market Structure)

Division: Financial Segment

Function/Unit: Quant and Market Structure

Location: Mumbai

Reporting: Vice President - Q&MS

Job Purpose:

- Improve market Micro-Structure

- Design and develop new products and instruments

- Provide knowledge and training [internal and external]

- Bring in advanced technology and system

- quantitative research and modelling

Key Accountabilities:

- Quantitative modelling and research. This would include time series modelling, scenario analysis, and model back testing. The projects are data intensive and would require knowledge of some statistical Tools, Excel and database management software package.

- Work on new product development. This involves working on structured products and indices and options.

- Understand the trading mechanisms and market microstructure. Work on conceptualization of technology enhancements required for improving the trading platform.

- Communicate with market participants and understand the trading from the perspective of speculators and hedgers and suggest mechanisms for liquidity boosting. One of the responsibilities would be, continuous monitoring of liquidity situation in various contracts.

- Draw actionable conclusions from data analysis and draft reports for implementation of projects. Draft letters and reports for communicating with the regulator.

- Working closely with the product and business group in order to build a complete research and analytics based picture of every contract with a view to communicating aspects of this to the trading community.

- Conducting workshops, online sessions and building other material such as reports, videos etc. in order to educate and train members of the trading community in various products, reports and trading strategies.

Skill-set:

- Matlab / Python / R statistical tool / Advanced Excel + VBA must

- Basic trading know-how + Chart and Technical Indicator reading

- C++, SQL or any other programming a plus.

Educational Qualification: Post Graduate degree in Finance/ Economics

Previous Experience: Master's Degree OR 2 years Work Experience with Graduate Degree in similar role

Skills and Knowledge:

- Understanding of principles of finance, economics, derivatives pricing and designing

- Understanding of Exchange's business, economic role and operations

- High level of analytical and quantitative skills

- Ability to do extensive research

- Computer literacy, with skills in Excel and knowledge of writing VBA codes or use of some other statistical package

- Must know Excel VBA and database Software competencies

- Strong analytical skills and problem solving ability

- Must have the ability to research a problem in depth using contemporary research and apply to the Indian context.

- Comfortable working with numbers, with good attention to details

- Team player

- Strong written & spoken communication skills.

Akhila G