{"id":5770,"date":"2026-03-13T17:14:49","date_gmt":"2026-03-13T17:14:49","guid":{"rendered":"https:\/\/cephasconsult.biz\/?post_type=job_listing&p=5770"},"modified":"2026-04-13T00:23:02","modified_gmt":"2026-04-13T00:23:02","slug":"commodity-trader-171","status":"expired","type":"job_listing","link":"https:\/\/cephasconsult.biz\/?post_type=job_listing&p=5770","title":{"rendered":"Commodity Trader 171"},"content":{"rendered":"
Experience<\/div>\n
7 – 10 years<\/div>\n
<\/div>\n
\n

Job Description<\/h3>\n
<\/div>\n
\n

? Position: Quant Dealer \u2013 Commodities (Prop Desk)<\/strong><\/p>\n

Location:<\/strong><\/p>\n

Darya Ganj, New Delhi<\/p>\n

(Must reside within reasonable commuting distance)<\/p>\n

Desk Profile:<\/strong><\/p>\n

Proprietary trading desk focused exclusively on:<\/p>\n

    \n
  1. Gold (MCX)<\/li>\n
  2. Silver (MCX)<\/li>\n
  3. Copper (MCX)<\/li>\n<\/ol>\n

    No crude. No agri. No hedging mandates. Pure proprietary positioning.<\/p>\n

    Trading window: 9:00 AM \u2013 11:30 PM (MCX cycle)<\/p>\n

    Role Objective<\/strong><\/p>\n

    Hybrid responsibility:<\/p>\n

    1?? Hot Path Trading (Execution Role)<\/strong><\/p>\n

      \n
    1. Active intraday monitoring of gold, silver, copper futures & options<\/li>\n
    2. Rapid execution & order management<\/li>\n
    3. Spread management<\/li>\n
    4. Gamma scalping \/ volatility positioning<\/li>\n
    5. Liquidity observation and order flow behavior<\/li>\n
    6. Slippage and execution cost monitoring<\/li>\n<\/ol>\n

      2?? Strategy Development Role (Quant Modelling)<\/strong><\/p>\n

      Develop, test and optimize:<\/p>\n

        \n
      1. Options spreads<\/li>\n
      2. Calendar spreads<\/li>\n
      3. Ratio spreads<\/li>\n
      4. Straddles \/ Strangles<\/li>\n
      5. Synthetic futures<\/li>\n
      6. Inter-metal relative value ideas<\/li>\n
      7. Greeks analysis (Delta \/ Gamma \/ Vega \/ Theta)<\/li>\n
      8. Backtesting in Excel \/ spreadsheet models<\/li>\n
      9. Volatility modelling<\/li>\n
      10. Risk simulations<\/li>\n
      11. Submit model to RMS for approval<\/li>\n
      12. Post-approval deployment to live hot path<\/li>\n<\/ol>\n

        bu\u00a0Mandatory Qualifications<\/strong><\/p>\n

        Education<\/p>\n

        B.Tech \/ B.E. \/ M.Sc. (Maths \/ Statistics \/ Physics)<\/p>\n

        OR<\/p>\n

        CA \/ CFA \/ FRM (preferred but not mandatory)<\/p>\n

        OR<\/p>\n

        Strong market practitioner with 5+ years verified experience<\/p>\n

        Technical Skills Required<\/strong><\/p>\n

        Must have hands-on experience in:<\/p>\n

          \n
        1. ? MCX Gold \/ Silver \/ Copper derivatives<\/li>\n
        2. ? Options Greeks understanding (practical, not textbook)<\/li>\n
        3. ? Excel (advanced level)<\/li>\n<\/ol>\n

          \u2022 Pivot tables<\/p>\n

          \u2022 Solver<\/p>\n

          \u2022 Scenario analysis<\/p>\n

          \u2022 Basic VBA preferred<\/p>\n

            \n
          1. ? Spread sheets modelling<\/li>\n
          2. ? Position sizing models<\/li>\n
          3. ? Risk \/ Margin understanding<\/li>\n<\/ol>\n

            Experience on front ends like:<\/p>\n

              \n
            1. Greek<\/li>\n
            2. Symphony<\/li>\n
            3. U-Trade<\/li>\n
            4. ODIN<\/li>\n<\/ol>\n

              Similar OMS \/ RMS platforms<\/p>\n

              Algo trading exposure preferred (API or automated execution).<\/p>\n

              Experience Requirement<\/strong><\/p>\n

              Minimum 4\u20137 years relevant derivatives trading experience<\/p>\n

              Proven track record<\/p>\n

              P&L history must be verifiable<\/p>\n

              Past employer reference mandatory<\/p>\n

              Clean compliance history<\/p>\n

              Psychological & Professional Attributes<\/strong><\/p>\n

                \n
              1. ? High IQ \/ analytical mindset<\/li>\n
              2. ? Fast decision making<\/li>\n
              3. ? Emotionally stable<\/li>\n
              4. ? Able to handle drawdowns<\/li>\n
              5. ? Strong discipline<\/li>\n
              6. ? Adherence to Risk & Policy (R&P) mandatory<\/li>\n
              7. ? No impulsive trading<\/li>\n
              8. ? Documentation habit<\/li>\n
              9. ? Daily trade log maintenance<\/li>\n<\/ol>\n

                Health & Work Stamina<\/strong><\/p>\n

                Must be physically fit<\/p>\n

                Able to sustain long market hours (up to 14 hours)<\/p>\n

                High mental endurance<\/p>\n

                Alertness during evening US overlap (gold\/silver sensitive)<\/p>\n

                ?\u00a0Work Culture Expectations<\/strong><\/p>\n

                Punctual<\/p>\n

                Regular<\/p>\n

                No casual absenteeism<\/p>\n

                Available during high volatility sessions<\/p>\n

                Respect hierarchy (RMS approval mandatory before deployment)<\/p>\n

                Compensation Structure<\/strong><\/p>\n

                Base Salary + Incentive<\/p>\n

                Example model (illustrative):<\/p>\n

                Fixed: ?X Lakh per annum<\/p>\n

                Variable:<\/p>\n

                % of Net Profits after cost<\/p>\n

                Tiered incentive slabs<\/p>\n

                Drawdown control bonus<\/p>\n

                Risk-adjusted performance bonus<\/p>\n

                Clawback provision advisable.<\/p>\n

                Risk & Governance (Important for Prop Desk)<\/strong><\/p>\n

                You should incorporate:<\/p>\n

                  \n
                1. ? Pre-defined max loss per day<\/li>\n
                2. ? Position limit<\/li>\n
                3. ? Margin utilisation cap<\/li>\n
                4. ? No overnight exposure without approval<\/li>\n
                5. ? Strategy deployment approval process<\/li>\n
                6. ? Weekly P&L review<\/li>\n
                7. ? Trade audit trail<\/li>\n<\/ol>\n

                  ?\u00a0Additional Conditions You May Have Missed<\/strong><\/p>\n

                  Here are some critical additions for Indian prop environment:<\/p>\n

                    \n
                  1. Non-compete clause (1 year minimum)<\/li>\n
                  2. Confidentiality agreement<\/li>\n
                  3. IP ownership of strategies<\/li>\n
                  4. No personal trading account allowed<\/li>\n
                  5. No outside advisory \/ tip-giving<\/li>\n
                  6. Digital security compliance<\/li>\n
                  7. Surveillance monitoring acceptance<\/li>\n
                  8. Holiday trading availability during US volatility<\/li>\n
                  9. Backup dealer cross-training<\/li>\n
                  10. Emergency volatility protocol<\/li>\n<\/ol>\n<\/div>\n<\/div>\n","protected":false},"author":1,"featured_media":0,"template":"","meta":{"_job_location":"Darya Ganj, New Delhi","_application":"hrm@cephasconsult.biz","_company_name":"","_company_website":"","_company_tagline":"","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job-types":[],"class_list":["post-5770","job_listing","type-job_listing","status-expired","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cephasconsult.biz\/index.php\/wp-json\/wp\/v2\/job-listings\/5770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cephasconsult.biz\/index.php\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/cephasconsult.biz\/index.php\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/cephasconsult.biz\/index.php\/wp-json\/wp\/v2\/users\/1"}],"wp:attachment":[{"href":"https:\/\/cephasconsult.biz\/index.php\/wp-json\/wp\/v2\/media?parent=5770"}],"wp:term":[{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/cephasconsult.biz\/index.php\/wp-json\/wp\/v2\/job-types?post=5770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}