Commodities Trader

Your responsibilities will be across the following functions:
Hot Path Trading (Execution Role)
Active intraday monitoring of gold, silver, copper futures, and options.
Rapid execution and order management.
Spread management.
Gamma scalping/volatility positioning.
Liquidity observation and order flow behavior.
Slippage and execution cost monitoring.
Strategy Development Role (Quant Modelling):
Develop, test and optimize:
Options spreads
Calendar spreads
Ratio spreads
Straddles / Strangles
Synthetic futures
Inter-metal relative value ideas.
Greek analysis (Delta / Gamma / Vega / Theta).
Backtesting in Excel/spreadsheet models.
Volatility modelling.
Risk simulations.
Submit the model to RMS for approval.
Post-approval deployment to live hot path.
Risk & Governance:
You should incorporate:
Pre-defined max loss per day
Position limit
Margin utilisation cap
No overnight exposure without approval
Strategy deployment approval process
Weekly P& L review
Trade audit trail
Requirements:
B. Tech / B. E. / MSc. (Maths / Statistics / Physics) CA / CFA / FRM (preferred but not mandatory).
Strong market practitioner with 5+ years of verified experience.
Minimum 4-7 years relevant derivatives trading experience.
Proven track record.
P& L history must be verifiable.
A past employer reference is mandatory.
Clean compliance history.
Technical Skills:
Must have hands-on experience in MCX Gold / Silver / Copper derivatives, Options Greeks understanding (practical, not textbook), Excel (advanced level), and Pivot tables.
Be a problem-solver
Be experienced in scenario analysis.
Basic VBA experience is preferred.
Experienced in Spreadsheet modelling
Experienced in Position sizing models
Risk / Margin understanding is mandatory.
Experience on front ends like Greek, Symphony, U-Trade, ODIN, or similar OMS / RMS platforms
Algo trading exposure preferred (API or automated execution).
Professional Attributes
High IQ / analytical mindset.
Fast decision-making.
Emotionally stable.
Able to handle drawdowns.
Strong discipline.
Adherence to Risk & Policy (R& P) is mandatory.
No impulsive trading.
Documentation habit.
Daily trade log maintenance.
Must be physically fit.
Able to sustain long market hours (up to 14 hours).
High mental endurance.
Alertness during evening US overlap (gold/silver sensitive).
Work Culture Expectations:
Punctuality
Regular to work.
No casual absenteeism.
Available during high volatility sessions.
Respect hierarchy (RMS approval mandatory before deployment).
Critical additions for the Indian prop environment:
Non-compete clause (1 year minimum).
Confidentiality agreement.
IP ownership of strategies.
No personal trading account allowed.
No outside advisory / tip-giving.
Digital security compliance.
Surveillance monitoring acceptance.
Holiday trading availability during US volatility.
Backup dealer cross-training.
Emergency volatility protocol.

Experience
7-10 yrs