Tuesday, November 29, 2011

Algorithmic Trading Head

I invite applications for Algorithmic Trading Head Opening with one of the leading Equity, Arbitrage and Commodity Trading Company based in India with a global presence.  This position is for Delhi/Dubai/Singapore locations.

Highlights of the Position:

•       We are looking for somebody with 5-10 years experience in Algo-Trading in any or all asset classes-Equity/Commodity/Forex on domestic and international stock exchanges.
•       The potential candidate would be given Equity Partnership in the Company apart from the annual compensation and would be responsible for building his own team of Algo-traders and analysts.
•       Experience in C, C++, VBA etc and hands-on in any trading software is mandatory.

Interested candidates can send their updated resumes to riniaby.bcpl@blblimited.com

Monday, November 21, 2011

Head - Equity, Commodities, Forex Trading

BLB Limited is an India-based holding company engaged in equity, commodity & derivatives trading. Led by Mr. Brij Bagri, the Company has been enriched by his experience of around 36 years in capital market and stands today with a Group net worth of Rs.250 crores.

For the last 40 years, the company has been a pioneer and leader in Equity Jobbing and Arbitrage in India. The company has controlled around 4% capital market share and has been consistently recognized and ranked among 'Top Volume Drivers' by BSE and NSE.

To reposition its proprietary Equity Derivative trading space, with program/software driven trading, algorithmic trading and electronic high-frequency trading, BLB Limited looks to hire a candidate with domain expertise in them and a proven track record. The company has one of the best platforms in terms of infrastructure. BLB is looking for a dynamic leader to head the equity trading desk. This position offers a stimulating and highly rewarding work environment and compensation potential.

We wish to invite talent having experience & expertise in any one or all of the following asset class: Equities/Commodities/Forex.
ONLY those who desire to associate on a long-term basis, work with real ownership and aim to create a world class trading desk for the company should apply.

Position:
Head – Trading – Equities
Head – Trading – Commodities
Head – Trading -- Forex

Job Description:

Responsibility for leading the Proprietory Equity, Commodity and Forex Trading desk. Excellent knowledge of trading on multi-platform exchange environment and hands-on involvement with the software/technology team to design and develop trading strategies, algorithms, optimizing trading infrastructure and generating high returns.


Focus-Futures/Options Trading
(Equity/Commodity/Forex)

•       Proficient in developing Futures/Option Trading Strategies and executing them by creating and training a team of traders
•       Proficient in Software-driven Equity/Commodity /Forex Arbitrage (Cash-Future/ Spread Trading) using proprietary trading systems, while 'optimizing' performance, fund deployment and trading infrastructure
•       Proven track record in High-Frequency Trading (HFT), configuring and monitoring automated trading system with intra-day trading strategies.
•       Proficient in strategies in Index Arbitrage
•       Traded and Developed Algorithmic/ Systematic Trading by working closely with the Software team with computer programmers and analysts combining quantitative methods, technological infrastructure and trader expertise for back testing, new trading strategy development, and optimizing performance of existing strategies.
•       Manage all trading software related issues.

Experience

•       Minimum 5 years of experience at a prop desk as team leader / Head or self-employed traders for any one of the above mentioned asset class or all of them.
•       Currently working as a trader with expertise in using software and equivalent experience of high-frequency trading/algorithmic –trading.
•       Experienced trader on international exchanges such as LME, CME, DGCX, SGX etc... Trading Expertise in domestic exchanges required as well.
•       Know-how of Fundamental and Technical Analysis to analyze market conditions, economic data and financial information, sector fundamentals for equity, commodity, forex markets.



Qualification & Skill Set

•       Vision and Determination to associate on a long-term basis. Leadership abilities to build, lead the trading desk.
•       Desire to achieve record turnovers while generating marketing beating returns.
•       Strong Quantitative background, Excellent numerical and analytical skills.
•       Detail orientated and conscientious working manner
•       Ambitious and keen to take on responsibility in an organization that provides a high level of autonomy and individual responsibility
•       Strong Entrepreneurial and Leadership skills
•       Good communication skills

Technical Competency

•       Experience with C++, C#, JAVA, MS Excel, VBA, R, and /or MATLAB, MS SQL.
•       Hands-on in any of the following trading software: NEST, FlexTrader, RTS, Apama, Presto, AlgoStudio, ODIN or any other.


Candidates can mail their updated resume to riniaby.bcpl@blblimited.com

Friday, November 18, 2011

AVP - Business Development

Job Description : Job Title – AVP - Business Development (Marketing, Planning, Strategies, Budgeting, Forecasting)
Category – Business Development
Location – Bangalore/Delhi
Experience – 4-9 years
Qualification – BE/B.Tech + MBA (Only from premier colleges) – (Preferred MBA Graduates from 2003 -2007 batch)

Responsibilities -

Summary
Overall responsibility for managing a Product or Product category, owning the sales, growth and long term profit & loss. Responsibilities range from product launch, creation and management of Supplier Vendor networks, driving merchandizing & sales strategies and providing leadership / direction to the BD team involved in managing the Product.

Vendor network management& operations
a)      Set up and manage a vendor relations team which would do the following:
a.      Recognize sources and set up Vendor Accounts for daily business
b.      Negotiate with vendors for better pricing  and deals for our customers
b)      Provide direction in creation of an effective network of Supplier Vendors, ensuring agility and "speed to market" of the concerned Product
c)      Create a comprehensive Vendor management governance framework, defining – terms of association, pricing and payments, service level measures, service tracking methodologies, rewards & penalties, communication etc. The framework shall ensure that the Vendor's approach and services are aligned to optimize the Product availability and sales
d)      Complete Ownership of Product Catalogue data & pricing
e)      Provide direction to team to set systems of effective co-ordination and collaboration with internal teams like operations, website, customer support, catalogue team etc. for category specific requirements
Merchandising and Sales strategy
a)      Drive mid and long term strategies around market potential, competitor intelligence, pricing options. Leverage various methodologies including research, analytics, professional networks to drive such strategies
b)      Provide a business point of view and sustainable solutions / recommendations to aid decision making
c)      Create a sustainable business model in the category for ongoing business
Team development and management
a)      Provide overall direction and drive to resource planning, staffing (hiring or internal movements) and overall team management
b)      Provide guidance to establish effective career management processes for the team ensuring – performance assessment, feedback, career growth opportunities aligned to performance and potential
Profile / Background
a)      Educational background from IITs or/and  IIMs (or similar select Tier 1 institutes)
b)      4-9 years of work experience
Desired Competencies
•       Strong understanding of technology and business
•       Must be willing & happy to learn
•       Ability to Connect with people across teams & levels
•       Strong focus on execution
•       Complete ownership of the category and the Business Goals

Please send your profile to hr@vintronicsinc.com