Role Overview Position: Bullion Arbitrage & Execution Trader Experience: 3 to 4 Years Location: Mumbai (On-site; proximity to Zaveri Bazar / BKC preferred) Compensation: ₹50,000 – ₹75,000 Fixed Per Month (Commensurate with experience) + Attractive Performance-Based Incentives Employment Type: Full-time About the Role We are a growing gold trading firm seeking a sharp, agile, and highly disciplined Execution Trader to manage our domestic gold arbitrage and hedging operations. This is a high-focus role centered on tracking real-time market feeds, identifying low-risk price discrepancies between exchanges (MCX/NSE) and physical spot markets, and executing trades swiftly. The ideal candidate bridges the gap between screen trading and physical market realities, ensuring we lock in risk-free spreads and protect our physical inventory from volatility. Key Responsibilities Arbitrage Execution: Monitor real-time screen feeds to spot and decisively execute price discrepancies between MCX futures, NSE options, and local physical spot gold rates (Zaveri Bazar, Ahmedabad, Delhi). Inventory Hedging: Manage, monitor, and execute precision hedging orders to eliminate price risk on the firm’s physical gold procurement, imports, and exports. Real-Time Parity Calculations: Dynamically calculate exact landing costs, import duties, cross-currency variances (USD/INR), and local premiums/discounts to identify profitable trade windows. Risk Management: Maintain absolute discipline regarding intraday risk limits, monitor margin requirements on exchanges, and ensure zero unauthorized or unhedged exposure overnight. EOD Reporting & Reconciliation: Reconcile daily trading logs against contract notes, calculate net arbitrage margins generated, and prepare daily trading and P&L performance reports for management. Required Skills & Qualifications Experience: 3–4 years of active, hands-on experience as a Commodity Dealer, Arbitrageur, or Treasury Executive at a bullion desk, prop trading firm, or commodity brokerage. Market Knowledge: Deep practical understanding of MCX/NSE commodity trading mechanisms, order book dynamics, and physical spot market mechanics. Technical Skills: Advanced proficiency in MS Excel—specifically using RTD (Real-Time Data) feeds, formulas, or basic macros to manage dynamic pricing sheets. Strong familiarity with trading terminals (ODIN, NEST, or standard broker systems). Certifications: NISM Series XVI (Commodity Derivatives) certification is highly preferred. Key Attributes for Success Execution Speed: Exceptional reflex speed and a high comfort level with rapid manual order entry during high-volatility windows. Screen Discipline: High numerical aptitude and the ability to maintain extreme focus and emotional control under screen pressure. Operational Flexibility: Clear understanding of commodity market realities, including flexibility with evening market hours aligned with MCX trading sessions. What We Offer A competitive fixed salary aligned with market standards. A structured, performance-linked incentive program that rewards consistent, disciplined, and profitable execution. A fast-paced, entrepreneurial environment with direct exposure to physical bullion trading operations.
Pay: ₹50,000.00 - ₹75,000.00 per month
Benefits:
Work Location: In person
