Job Description

bank of baroda announced job notification for the positions of options trader regular basis in the department of and in section of , . This job position options trader regular basis located in and in state maharashtra. This job position is categorized as '' jobs.

The educational qualifications for this job position options trader regular basis specified as The candidate must be minimum graduate from a recognized university in Mathematics / Finance or its equivalent.. Eligibility conditions for job position options trader regular basis mentioned as and required experience levels for this job position options trader regular basis are as follows ? A minimum of five years of experience working on Forex option trading desk; experience of working in the financial markets through an investment management company or Bank is preferred. ? Knowledge of the Option market, trading characteristics, and factors influencing price trends and fluctuations. ? Experience of running at Option book for at least 2 years for any reputed financial investment company of Bank. ? Ability to analyze and interpret market data and apply information to the appropriate trade ? Exhibit proficiency in enterprise and trading-specific applications and adapt quickly to new technologies ? Proficiency in mathematical calculations.

The salary or payscale for options trader regular basis is CTC Offered: The Candidate will be selected on regular basis in the rank of Middle Management Grade / Scale-III. Scales of Pay (as on date) MMG/S III - ` 42020 x 1310 (5) - 48570 x 1460 (2) – 51490 Emoluments At present, initial CTC at the initial level of Senior Management Grade/Scale V, including DA, Special Allowance, HRA, CCA and all perks and benefits, etc. as admissible as per rules of the Bank, in force from time to time is approximately ` 1,20,3119/- per annum, in a Metropolitan Centre. Allowances may vary depending upon the place of posting. In addition, various other benefits like medical insurance coverage, other insurance, concessional staff loans, attractive terminal benefits (on retirement), LTC, Bank residential quarters in lieu of HRA, etc. are admissible..

The total number of vacancies or positions are 1. Out of which for General/Un-Reserved/OC (Other Castes) vacancies are 0. For OBC (Other Backward Classes) total positions reserved are 0. For SC (Scheduled Castes) category job positions reserved are 0 and for ST (Scheduled Tribes) category job positions reserved are 0. For all other categories of reservations total positions alloted are .

The minimum and maximum age limits to apply for job options trader regular basis is minimum age limit is 0 and maximum age limit is 0.

The more and other important information related to this job specified as Role & Responsibilities Options Trader will be responsible for: ? Responsible for market making of vanilla options and structures approved by RBI for Rupee options to both customers and interbank market and running Bank’ Rupee option book. ? Quoting and covering both vanilla and exotic options in G10 currencies to customers. ? Actively involved in developing trade ideas for any client's requirements. ? Negotiate and execute Currency derivative with clients using a variety of trading. ? Become a consultant with respect to idea generation, market insight, exposure management, instrument usage, liquidity access, and other execution oriented tasks. ? Always continue to expand knowledge/proficiency in different instrument types including participating in continuing education programs and regularly interacting with the sell-side on new products and innovations. ? Maintain a constant vigilance of technological, regulatory and other developments to ensure our execution process remains highly valuedadded, compliant and representative of best industry practices. ? Review and complete all relevant administrative documentation such as end of day trade reports and commission reports, and liaise with various supporting functions (Investment Operations, Legal, Compliance, etc) as required. ? Assist senior trading staff with the development of new trading staff.

Important dates to be remembered related to this notification are as follows.
Date of Issue of Notificaition : . Applications will be issued from date and last date to submit applications is . The admit cards will be issued from to . The Priliminary Examinations will start from and will lasts upto date of . The Preliminary Examinations Results will be announced on date . The Main Examinations will start from date and will ends on . The answer keys for mains examinations will be announced on . The results for Main Examinations will be declared or announced on date . Job Interviews for this job positions options trader regular basis will be held from date and will ends on date . The final results or shortlisted persons for this job options trader regular basis will be announced on .

This notification issued by which is located in city and in state .

For More Details related to this Notificaition, for Complete Job Details and for complete Notificaition, Please visit the official website of organization .

Voila!!! Happy Jobing.. :)



Job Organization / Department

  • bank of baroda

Job Positions

  • options trader regular basis

Job Educational Qualifications

  • the candidate must be minimum graduate from a recognized university in mathematics / finance or its equivalent.

Job Eligibility Details


Job Experience Requirements

  • ? a minimum of five years of experience working on forex option trading desk; experience of working in the financial markets through an investment management company or bank is preferred. ? knowledge of the option market, trading characteristics, and factors influencing price trends and fluctuations. ? experience of running at option book for at least 2 years for any reputed financial investment company of bank. ? ability to analyze and interpret market data and apply information to the appropriate trade ? exhibit proficiency in enterprise and trading-specific applications and adapt quickly to new technologies ? proficiency in mathematical calculations

Job City, State

  • maharashtra

Job Total Vacancies

  • 1

Job Reservation Details

  • General / Un-Reserved : 0
  • OBC : 0
  • SC : 0
  • ST : 0
  • Others :

Job Payscale / Salary

  • CTC Offered: The Candidate will be selected on regular basis in the rank of Middle Management Grade / Scale-III. Scales of Pay (as on date) MMG/S III - ` 42020 x 1310 (5) - 48570 x 1460 (2) – 51490 Emoluments At present, initial CTC at the initial level of Senior Management Grade/Scale V, including DA, Special Allowance, HRA, CCA and all perks and benefits, etc. as admissible as per rules of the Bank, in force from time to time is approximately ` 1,20,3119/- per annum, in a Metropolitan Centre. Allowances may vary depending upon the place of posting. In addition, various other benefits like medical insurance coverage, other insurance, concessional staff loans, attractive terminal benefits (on retirement), LTC, Bank residential quarters in lieu of HRA, etc. are admissible.

Job Age Details

  • Minimum Age : 0
  • Maximum Age : 0

Job More Information

  • role & responsibilities options trader will be responsible for: ? responsible for market making of vanilla options and structures approved by rbi for rupee options to both customers and interbank market and running bank’ rupee option book. ? quoting and covering both vanilla and exotic options in g10 currencies to customers. ? actively involved in developing trade ideas for any client's requirements. ? negotiate and execute currency derivative with clients using a variety of trading. ? become a consultant with respect to idea generation, market insight, exposure management, instrument usage, liquidity access, and other execution oriented tasks. ? always continue to expand knowledge/proficiency in different instrument types including participating in continuing education programs and regularly interacting with the sell-side on new products and innovations. ? maintain a constant vigilance of technological, regulatory and other developments to ensure our execution process remains highly valuedadded, compliant and representative of best industry practices. ? review and complete all relevant administrative documentation such as end of day trade reports and commission reports, and liaise with various supporting functions (investment operations, legal, compliance, etc) as required. ? assist senior trading staff with the development of new trading staff.

Important Dates

Start Date End Date
Applications 26-May-2017

Notification Issued By

  • Organization :
  • Organization City, State :
  • Organization Website :

 

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