Available Opportunities
ProAlpha Capital
ProAlpha Capital is a SEBI-registered investment manager based in Mumbai and focused on the Indian capital markets. The firm implements market-neutral, quantitative, and systematic trading strategies that its team had been developing since last decade managing for outside investors since 2011. The firm currently manages and advises high-net-worth individuals, family offices, and Corporates across various strategies with client’s investment amount upward of 1 cr or more. The firm is seeking applications for Business Development Executive for a critical role in Sales & Marketing support role which directly to reporting into Principal Officer of the firm.
Business Development Executive – Job Description
- Should have a presentable personality with good communication skills and basic understanding of Futures & Options markets or should be inclined to quickly develop an understanding of this market
- Independently acquire and set up new HNI client meetings/ calls for the fund manager as per targets as defined by KRA. Drive the marketing plan to increase AUM rapidly across strategies
- Follow up with existing prospects in the database of ProAlpha and connect with distributors for initiating them to market our strategies
- Brainstorm new ideas on reaching out to new clients/ distributors
- Increase distribution reach in ultra-HNI, family office, and corporate treasury segments by adding new direct clients across existing and new cities
- Work closely with the Fund Manager in creating the right messaging across various products for different types of clients to improve the conversion of existing prospects
- Use the CRM efficiently to manage the marketing process, and pipeline and help the ops team in the client onboarding process.
- Should be able to use corporate LinkedIn profile to churn research ideas / right messaging to stay relevant among HNI community in derivatives space
Required Skills and Qualifications
Proven ability to close new business (convert prospective investors into clients for one or more of our investment products)
- Strong Derivatives Market knowledge is a must
- An outspoken and easy-to-mingle individual
- Excellent written and oral communication skills required
- Highly motivated Self-starter who works hard and multi-tasks effectively
- Experience working in a team environment
- Ability to travel extensively within India
- Customer service
- Critical thinking and analytical skills
Education, Experience & Licensing Requirements:
- Bachelor’s Degree with good exposure in the Equity/ Derivatives market
- Prior work experience in Asset Management, Wealth Management, Private Banking, Mutual Fund or Stock Broking industries but less 2 years
- Experience in Fund-Raising for Financial Services products roles
- Good cold calling and communications skills and capability to focus on new client lead generation
- Good time management skills
- Experience with a CRM for managing marketing processes and pipeline
- 1 Year of experience is a must, exception for a highly motivated candidate
No. of Position: 1
Location - Regus, Dev Corpora, Thane West
Salary - As per industry standard and based on experience
Working - 5 days a week, full time work
Minimum 2 years of commitment to work
ProAlpha Capital Private Limited
ProAlpha Capital was formed in 2016 to implement market-neutral, quantitative and systematic trading strategies that its team had been developing since 2008 and advising for outside investors since 2011. ProAlpha focuses on statistical quantitative strategies aimed at the Indian market. The firm, an investment advisor registered with the Securities and Exchange Board of India ("SEBI") and located in Mumbai, currently advises and advises high net worth individuals, family offices and Corporates across various strategies.
Trader – Job Description
- Actively passing the trades to ProAlpha clients / Clients’ broker
- Using API to trade using order management system of multiple brokers
- Monitoring of strategies/risk limits during market hours. Extend automation pipeline for strategy deployment and post trade analyses.
- Track performance of active strategies.
- Work closely for any operational/performance issues during trading hours.
- Work closely to conceptualise, test & deploy changes to improve latency performance of the strategy.
- Willingness to work as per business requirements.
- This job would need full time availability during market hours at ProAlpha office so those who are not prepared for this role should avoid applying for the role.
Required Skills
- 1 -2 years of experience, preferable prior experience in derivatives markets
- Must have knowledge of Programming in Python and must have good knowledge of Excel
- Candidates must be very good at Derivatives and Options Greeks
- Working knowledge of any trading platform.
- Strong innovative and creative skills.
- Strong verbal/written communication skills.
Education
Graduate/Post Graduate Degree in a Quantitative Field (Mathematics, Statistics, Computer Science, Quantitative Finance, Data Science)
Remuneration offered
Upto 5 to 6 Lacs annual CTC (To be discussed with candidates based on skills and experience)
No. of Position - 1
Location - Thane (On-Site), No work from Home
Job Type - Full time with minimum commitment to work 2 years
Hiring Requirement - (4 to 8 week)