Indian Options Trader

About the Role

A prominent global multi-strategy investment firm is searching for an experienced Indian Options Trader to serve as the senior trading partner and second-in-command to an established Portfolio Manager based in Singapore. The chosen candidate will play an essential role in managing the current portfolio and spearheading the expansion of the firm’s strategy into additional Asian markets. This role is highly hands-on and risk-oriented, requiring someone capable of independently managing the trading book during the Portfolio Manager’s absence, with significant opportunities for advancement to a broader leadership position.

Key Responsibilities

• Execute trades and assist in managing a portfolio centered on India-focused index options, overseeing execution, hedging, and intraday risk.
• Act as a reliable deputy to the Portfolio Manager, assuming full responsibility for the portfolio as necessary.
• Identify and assess opportunities to expand the strategy into other Asian index and options markets.
• Participate in strategy research, trade structuring, portfolio construction, and conduct post-trade performance analysis.
• Monitor critical factors such as volatility, skew, term structure, liquidity, positioning, and event-related risk throughout the portfolio.
• Collaborate closely with researchers and developers to enhance analytics, trade signals, execution capabilities, and risk management tools.
• Establish and maintain strong operational processes as the team and regional presence grow.

Qualifications and Candidate Profile

• Extensive professional experience trading Indian index options, ideally with direct accountability for risk management.
• Deep understanding of the Indian market mechanics, including expiry behavior, volatility patterns, skew, liquidity conditions, and event risks.
• Proven ability to operate a live options portfolio autonomously and make prudent decisions under pressure.
• Robust expertise in derivatives mathematics, practical application of Greeks, hedging methods, and scenario-based analyses.
• Sound commercial judgment, intellectual honesty, and disciplined approach to risk control.
• Collaborative mindset and the maturity to operate as the trusted deputy to a Portfolio Manager.
• Willingness and ability to be based in Singapore.

Preferred Experience

• Experience in extending an India-centric options strategy across additional Asian markets.
• Background in hedge funds, proprietary trading firms, market making, or derivatives trading at leading banking institutions.
• Experience collaborating with quantitative researchers and developers.
• Demonstrated history of mentoring junior traders or contributing to team growth and development.

What the Firm Provides

• Key role within an expanding Asia-focused options trading franchise.
• Significant responsibilities with direct access to the Portfolio Manager.
• Opportunities to diversify the strategy regionally and progress towards increased risk ownership.
• Highly competitive remuneration, details discussed during the recruitment process.
• Visa sponsorship and relocation assistance offered to eligible candidates.