India Options Market Making Quant Trader

A global firm is seeking for Quantitative Traders specializing in Indian options market making to join their trading team. The trader will be responsible for pricing, risk management, and execution of options strategies across Indian equity and index derivatives.

Responsibilities:

1. Provide liquidity in Indian options (index & single-stock), manage delta/gamma/vega/theta exposures.
2. Design and back-test systematic options strategies (volatility arbitrage, RV, dispersion, skew).
3. Build and refine options pricing models; analyze implied vs realized volatility.
4. Monitor intraday risk, implement hedging with futures/equities, conduct stress testing.
5. Optimize order routing and latency; collaborate with developers to automate execution and risk systems.
6. Study market microstructure, identify mispricings, and generate trade ideas.

Skillsets:

1. Degree in Mathematics, Statistics, Computer Science, Engineering, or related field.
2. 3+ years of experience in options trading, market making, or quantitative research (India markets preferred) at top tier hedge funds, prop firms or HFT prop desks at banks.
3. Proficiency in Python, C++, or Java for strategy development and automation.
4. Deep understanding of options pricing models, risk management frameworks, and exchange connectivity (NSE/BSE).
5. Ability to thrive in a fast-paced, high-pressure trading environment.