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 valued- added, 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.

Educational Qualification

The candidate must be minimum graduate from a recognized university in Mathematics / Finance or its equivalent.

Experience

Nature of Engagement

Regular Basis

No. of Positions

1 (One)

Compensation

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.

Location of posting

Mumbai

Email to be sent to

recruitment@bankofbaroda.com

Website

www.bankofbaroda.com

Contact Number

022-66985515 / 022-66985541

Last Date of Application

26th May 2017