Senior Trader – Market Making – Equities
Westbourne Partners
Doha
منذ 13 يوم
source : ExploreJobs

DohaPermanentBuild out a market making trading desk Manage and oversee the full scope of market making operations in a portfolio of QE publicly traded companies.

Actively manage trading and risk in a portfolio Design, test and implement market making strategies in consideration with the Qatari Market conditions and liquidity profile.

Operate sensitive trading systems and monitor the systems' executions and open positions Employ liquidity provision strategies and trading algorithms based on market characteristics with respect to the assigned list of securities in the Qatar Exchange.

Develop the appropriate strategy for sponsored LP as well as for proprietary LP..Position : Senior Trader Market Making Equities and Fixed IncomeDepartment : BrokingLocation : Doha, QatarAbout us : We are the largest Financial Services firm in the MENA region with international offices across Africa, Asia, Europe and the Middle East.

Job Summary : You will : Build out a market making trading deskManage and oversee the full scope of market making operations in a portfolio of QE publicly traded companies.

Actively manage trading and risk in a portfolioDesign, test and implement market making strategies in consideration with the Qatari Market conditions and liquidity profile.

Operate sensitive trading systems and monitor the systems' executions and open positionsEmploy liquidity provision strategies and trading algorithms based on market characteristics with respect to the assigned list of securities in the Qatar Exchange.

Develop the appropriate strategy for sponsored LP as well as for proprietary LP within the set guidelines. Analyze stock price movement vis a vis overall market, sector and identify trading pairs.

Independently manage the LP desk in adherence to Group policies and procedures and in full compliance with the regulatory regime.

Duties & Responsibilities : Operate within trading limits and risk parameters set per security and for overall LP businessAchieve targets set within defined trading size, spread, time and quantity.

Balance P&L with CEO on a daily basis in order to calibrate orders for the following day.Tally LP trading with QE recordsEvaluate the value at risk on daily open positionsDaily calibration of positions to be bought / sold in the selected securities, vetted by the CEO.

Daily reporting of positions, marked to market valuation and value at risk to CEO, CFO and Compliance Officer.Ensure adherence to legal, compliance and risk management policies and internal procedures.

Review all securities transactions to ensure that trades conform to applicable regulations and Group policies and procedures.

Ensuring efficient and professional management of orders, execution of transactions and reporting of trades.Ensuring that Chinese Walls’ are strictly maintained with the trading desk.

Abide by the Policies and Procedures developed for maintaining the Information Security for the Group and shall take on active responsibilities in achieving, managing and maintaining the ISO 27001 standard.

Constantly enhance trading capabilities in order to reflect the markets movement and volatility.Keeping abreast with the securities flow and volatility.

Undertake programs and courses as per the regulatory requirements.Undertake training programs provided by the GroupEnsure high standard of confidentiality and ethical trading to safeguard client and organization’s best interest.

Other duties as assigned for special projects.Education / Experience Requirements : Graduate degree (preferably Post Graduate) in Commerce / Mathematics / Science / Finance / Accounting / ManagementAt least 5 years of market experience with at least 3 years in a market making / liquidity provision postStrong mathematical and quantitative skills (preferably a Masters or PhD) with proven recordMarket maker should have significant experience across multiple asset classes such as Equities, ETFs and Single Stock FuturesAbility to understand and troubleshoot high frequency trading strategies and systemsHigh attention to detailGreat communication skillsArabic Language is not mandatoryKnowledge about QE & QFMA regulationsComputer skills and familiarity with online trading systemsStrong understanding of the local equity market.

Strong analytical and quantitative skillsExcellent communication skills

Step 2
قدِّم طلب ترشيحك
أضف الى المفضلات
إزالة من الإشارات المرجعية
قدِّم طلب ترشيحك
بريدي الالكتروني
بالنقر فوق "متابعة"، عطي نيوفو الموافقة على معالجة بياناتي وإرسال تنبيهات البريد الإلكتروني لي، وفقًا لسياسة الخصوصية الخاصة بنيوفو. يمكنني إلغاء اشتراكي أو سحب موافقتي في أي وقت.
واصل
استمارة الطلب