Market Analyst-Options (Position #1001_MM)

Location Gurugram, India

Position Summary

Do you have strong analytical instincts and a deep interest in equity index options? Are you excited by the challenge of interpreting volatility, pricing dynamics, and real-time market behavior

If so, you might be the perfect fit for our burgeoning Gurgaon office and We are seeking a skilled Equity Index Options Strategist to join our derivatives team. The ideal candidate will possess deep expertise in listed index options, with a focus on macro-driven positioning, volatility structures, and disciplined exposure management.

Job Profile

Structure and manage positions in equity index options (e.g., SPX, NDX, ES), utilizing strategies such as spreads, butterflies, calendars, and gamma/vega plays.
Align exposures with prevailing market themes and macroeconomic catalysts (e.g., central bank meetings, inflation data, earnings cycles).
Monitor and control risk across the Greek dimensions (delta, gamma, vega, theta), skew, and term structure.
Contribute to daily tactical planning, idea generation, and post-event reviews.
Collaborate with research, quant, and execution teams to refine edge, models, and performance attribution.
Stay attuned to changes in volatility surfaces, cross-asset signals, and broader market sentiment.
Ensure all exposures remain within clearly defined risk parameters, with agility to adjust as conditions evolve

Requirements

Education Qualifications

A solid educational foundation in Bachelor's degree in Commerce, Finance, Economics, Mathematics, Statistics and Engineering, equipping you with analytical, problem-solving, and critical thinking skills applicable to this role

Work Experience

2–5+ years of experience managing risk in equity index derivatives, preferably within a professional or institutional setting.

Skill Set

Strong command of options theory, volatility dynamics, and index-specific drivers.
Solid understanding of macroeconomic factors and their influence on index behavior.
Analytical and quantitative fluency; proficiency in Excel required, with Python or similar tools a plus.
Proven ability to operate with discipline under dynamic market conditions.
Experience within a proprietary firm, hedge fund, or institutional derivatives desk.
Exposure to data-driven decision frameworks and performance tracking tools.
Strong communication skills and collaborative mindset.
Adaptive, self-directed, and committed to continuous refinement of edge.

WHAT We Offer

The chance to work alongside diverse, intelligent, and driven peers in a rewarding environment.
Competitive remuneration, including an attractive bonus structure

Job Location– Gurgaon

Date of Joining-Immediate

Futures First offers a unique opportunity in India to work in the world’s most stimulating, liquid, and well-developed Options markets. This is an exciting challenge and an excellent opportunity for bright, analytical, highly motivated individuals to join a vibrant business and participate directly in today’s fast-evolving Options Markets.

At Futures First we are committed to provide our employees with the best in technology, training, and continuing education which includes training on financial markets and products, risk management, soft skills development, and one-on-one mentoring to develop the requisite psychological and endurance skills.

Thank you!

Contact Us