5+ Equity derivatives Jobs in India

Job description

Job Purpose

• This Position consists of training and knowledge building among the emerging candidates about Global market trading analysis.
• There will be on the floor experience of stock market analysis.

Duties and responsibilities

• Perform technical analysis in US markets such as the NYSE , NASDAQ & Amex
• Analyze securities performance and Pricing of companies listed on US market.
• Developing forecast and projections.
• Monitoring Industries Trends and Market news.
• Prepare technical reports based on the company's fundamentals and previous performances.
• After successful completion of the training period, a Learner would be a full-fledged US stock market analyst/trader who would be able to make wise and informed stock trading decisions.
• This profile DOES NOT entail selling/marketing of any financial products or services/ calling clients.

Work Timings and Location

• 06.00 PM to 03.00 AM
• Monday to Friday
• ITPP - International Tech Park, Kharadi, Pune.
• Stipend - 2,000 INR per month initially.

Qualifications

• Strong mathematical and statistical aptitude skills
• BCOM/BBA/MBA/PGDM (Finance) /NCFM , CFAs/CMTs and any graduate/post-graduate who has passion/skill for trading.
• The candidate must be in the age group of 20-25 years and should not have appeared in the selection process with us within the past 6 months.

Future Career Opportunities

After successful completion of the Training program, the excellent candidates will be provided the following career opportunities with the extremely high incentive program with an organization and designated as:

1. Associate US Equity Analyst

2. Risk Associate/ Executive

3. Process Trainer

Contract length: 6 months

Job Types: Full-time, Regular / Permanent,, Fresher

Salary: From ₹2,000.00 per month

Role and Responsibilities

A Quantitative Strategist/Quantitative Trader profile at QuantX requires rigorous quantitative aptitude and go-get attitude.

• Deployment of quantitative models in Indian Equity and Derivatives markets to generate returns.
• Management of Quantitative Trading Programs.
• Data Analysis

Requirements

Education (Candidate should satisfy one of the following)

• B.Sc./M.Sc. Mathematics or B.Sc./M.Sc. Statistics from a reputed college with good grades
• Tech with good grades and strong quantitative aptitude
• CFA/FRM Level 1 cleared
• Any other degree with Financial Derivatives as a subject and through knowledge of Derivative Greeks (Portfolio Level, Risk Management, Hedging)  

Skills

• Exceptional Quantitative Aptitude
• Psychological composure and Logical/Objective decision making
• Comfortable working on computer programs

Preferences

Following skill sets are not required but candidate will get preference if he/she possesses any of the following:

• Working knowledge of python for historical data analysis or working on real-time analytics getting feed from a web API (Data structures, numpy, scikit-learn, tensor flow)
• MATLAB/R for Time series analysis
• Knowledge of AFL ( Amibroker Formula Language)

Advantages

• Steep learning curve
• Extensive training on mathematics of derivatives market
• Dynamic work environment(Everyday is different in its own way)
• Very small team and merit based growth
• Best in class Quarterly bonuses and revenue share post training period(where bonus can surpass the base salary)

Pay Structure

• Extensive training period(probation period) of 2 months(Stipend Paid during training period INR 10,000)
• Pay Structure post the training period:

Junior Trader:

Base Salary I + 5% of Revenue share

       Senior Trader:

(Base Salary I + 27% hike) + 10% of Revenue Share

Working Hours

We neither believe in staying unnecessary in office if there's nothing productive to be done nor do we believe in long unproductive lunch breaks

• Standard Market Hours
• Training Pre and Post market hours
• Our doors are open till the time you are working

Selection Process

• Quantitative Aptitude Test 
• Psychometric Test
• Personal Interview
• Super Day (Hands on work on high paced advance programs)