Soma Capital Portfolio Jobs

Trade Operations & Risk Management Specialist

marketfeed

marketfeed

Operations
Bengaluru, Karnataka, India
Posted on Jan 6, 2025
📖Our story: marketfeed. (YC S21)

marketfeed is a Y Combinator-funded seed-stage startup founded by Sharique Samsudheen & Sooraj E in 2020. With a community of more than 1.5 million followers across social media and 200,000 app users, we've experienced over 20% MoM growth for the past year. Our users have collectively invested more than ₹300 crores using marketfeed. Backed by a strong team of 50+ talented individuals, our mission is to democratise trading and make it profitable for everyone, no matter their level of experience.

🕵 Who are we looking for?

We are seeking a Trade Operations & Risk Management Specialist to oversee our automated trading activities in the stock market and assist with Operational Risk Management. This unique role focuses on monitoring the automated trading platform and intervening during system failures to Manage Risk. The ideal candidate will have experience in stock market trading operations, preferably in options. Any experience in risk management systems (RMS) will be a plus. This position suits individuals who are process-oriented, possess strong communication skills, and excel under pressure.

🎯 Your Key Responsibilities

Trade Operations Monitoring

  • Monitor Automated Trading Systems: Ensure smooth functioning of the company’s automated trading platform by observing real-time trades and system alerts.
  • System Failure Intervention: Identify and resolve issues related to the trade automation platform, providing manual intervention when necessary to minimize trading disruptions.
  • Escalation Management: Collaborate with engineering and other stakeholders to escalate and resolve technical issues affecting trade automation.
  • End-of-Day Reporting: Document incidents, actions taken, and outcomes for record-keeping and review.

Operational Risk Management Tasks

  • Position Risk Control: Assess and adjust positions during system failures to mitigate excessive market exposure.
  • Margin Monitoring: Oversee margin utilization across trading accounts, ensuring sufficiency and making necessary adjustments.
  • Compliance: Adhere to internal risk frameworks and ensure compliance with regulations.

🎯 You’re a Great Fit If You

  • Have 2+ years of experience in stock market trading operations, risk management, or related areas.
  • Have an understanding of algorithmic trading workflows and execution platforms.
  • Have proficiency with charting platforms like TradingView.
  • Have fundamental knowledge of financial products, especially derivatives.
  • Have quick Decision-Making ability to execute corrective actions promptly and accurately under pressure.
  • Have exceptional attention to detail

💯 Bonus Points If You

  • Hold NISM certifications or other credentials in derivatives, RMS, or financial markets.
  • Have a background in quantitative finance or risk management.

🎁 What’s In It For You

  • Flexible leave policy and working hours to support work-life balance.
  • Comprehensive health insurance with free health check-ups and consultations.
  • Competitive salary, equity options, and opportunities for professional growth.
  • Join a mission-driven team dedicated to delivering outstanding customer success.

💬 Interviewing with us - Hiring Process

Our Hiring Process Is Thorough, Ensuring That We Find The Right Fit For Both You And Us. Here's What You Can Expect

  • Short Virtual Chats: Before diving into in-depth interviews, you’ll typically have one or two shorter conversations over the phone or via video. These will usually be with a recruiter and then with either the hiring manager or a peer on the team. These chats are designed to assess the critical skills required for the role and give you an initial feel for our team and culture.
  • Assessments: After clearing the initial chats, you may be asked to complete a written assignment that evaluates your problem-solving approach and process improvement strategies. This helps us understand your thought process and ability to develop effective solutions.
  • Assignment Review: A discussion on the written assignment focused on process improvements and compliance knowledge.
  • Problem Solving Round: After Problem-solving and customer success scenarios, diving deep into market knowledge, user-side testing, team building, and processes.
  • In-Person Interview with Founders: A final round with our founders to ensure you're a cultural fit and aligned with our mission.

Our interview process is structured to be welcoming and insightful. We aim to give you as much insight into our company as we gain from learning about you. Typically, this involves 3-4 interviews, either virtual or in-person.