Options Trader - Prop Desk - Financial Services

The candidate would be responsible for the following :

- Develop, execute and manage options trading strategies with higher risk adjusted returns.

- Determine ideal margin allocation based on risk-return profile of alternative strategies, expected volatility and upcoming known events (Budget, Elections etc.).

- Recommend ideas to improve existing trading strategies and processes for greater efficiency.

- Strict adherence to risk limits (MTM, over-night VaR) and compliances.

- Explore options trading across equity instruments (NSE/BSE index options, stock options, etc), as well as across asset classes (Commodity, FOREX).

- Work closely with risk team to manage position risk effectively along with keeping VaR, Exposure, Margin, MTM, etc. in check.

- Coordinate with multiple stakeholders (Backoffice, management, vendors, IT etc.) for seamless trading activity thereby mitigating non-market risks.