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Early applicant
citicclsa·1 day ago

Sales Trader, Trading

Mumbai, IndiaMid · 2-5 years

About this role

Key Areas of Responsibilities

  • Generate revenue by managing and servicing a portfolio of domestic and international institutional clients.
  • Develop, maintain, and strengthen relationships with large and mid-sized domestic and international clients.
  • Execute cash equity trades accurately and efficiently in accordance with client instructions and internal trading procedures.
  • Place and cross block trades while ensuring compliance with applicable market regulations and internal risk controls.
  • Provide clients with timely market updates, trading insights, execution-related information, and relevant research inputs.
  • Coordinate with local and international sales trading desks to facilitate seamless execution and client coverage.
  • Work closely with traders, sales teams, research analysts, operations, risk, compliance, and settlement teams.
  • Monitor market conditions, liquidity, price movements, volumes, and order flows to support effective trade execution.
  • Utilise electronic trading platforms, algorithmic trading tools, and other approved IT trading systems.
  • Ensure accurate communication of client orders, execution status, trade confirmations, and settlement-related information.
  • Support the execution of institutional orders while considering liquidity, price, timing, market impact, and client requirements.
  • Maintain up-to-date records of client interactions, orders, executions, trading activity, and revenue performance.
  • Identify opportunities to expand client coverage, increase trading volumes, and improve revenue generation.
  • Monitor futures and options markets and provide relevant information to clients where appropriate.
  • Ensure adherence to internal policies, exchange regulations, compliance requirements, and applicable settlement procedures.
  • Escalate trade discrepancies, execution issues, client concerns, and operational risks to the relevant stakeholders.

Requirements

  • Bachelor’s degree or above in Finance, Management, Economics, or a related discipline.
  • Minimum 10 years of relevant experience in sales trading, cash equity trading, institutional broking, or a related capital-markets role.
  • Proven ability to generate revenue from large and mid-sized domestic and international institutional clients.
  • Strong existing relationships with domestic clients and the ability to build and maintain long-term client partnerships.
  • In-depth understanding of Indian equity markets, market structure, trading practices, and institutional execution.
  • Good knowledge of cash equities, futures and options markets, electronic trading, algorithmic trading, and block trade execution.
  • Experience in placing and crossing block trades in accordance with applicable regulations and internal controls.
  • Proficiency in IT trading systems, electronic trading platforms, algorithmic trading tools, and settlement systems.
  • Sound understanding of trade execution, order management, clearing, settlement, and post-trade processes.
  • Strong client-servicing, communication, interpersonal, negotiation, and relationship-management skills.
  • Excellent ability to interact effectively with both local and international clients and international sales trading desks.
  • Strong analytical, commercial, problem-solving, and decision-making skills.
  • Demonstrated ability to work independently, manage multiple client requirements, and perform effectively in a high-pressure trading environment.
  • Self-motivated, proactive, result-oriented, and commercially focused.
  • Ability to work collaboratively as part of a sales trading and broader capital-markets team.
  • Excellent command of both spoken and written English.
  • CA, CFA, or other relevant capital-markets qualification would be preferred.

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