Abans Group - Vice President - Options Strategy & Risk Specialist - Non-Trading

Abans Financial Services Ltd. is a listed, diversified financial services company offering a comprehensive suite of solutions across broking, commodity trading, asset management, financing, and investment advisory. Headquartered in Mumbai, the company operates with a strong presence in both Indian and global markets, serving institutional, corporate, and retail clients.

As part of the larger Abans Group, the company continues to expand its footprint by delivering integrated financial services and building robust technology platforms to support its growing client base.

Job Title : Options Strategy & Risk Specialist (Non-Trading Role)

Location : Mumbai

Role Overview :

We are looking for a highly skilled Options professional with deep expertise in derivatives and options trading. This is a non-trading role, focused on strategy, risk management, and product development within the options domain.

The ideal candidate will bring a traders mindset but will work on driving insights, building frameworks, and strengthening the overall options ecosystem rather than executing trades.

Key Responsibilities :

1. Options Strategy & Advisory :

• Design and evaluate options strategies (spreads, straddles, hedging, arbitrage)

• Provide actionable insights to internal stakeholders based on market conditions

• Translate market views into structured options strategies

2. Risk Management & Monitoring :

• Monitor and manage portfolio risk using Greeks (Delta, Gamma, Vega, Theta)

• Define and implement risk limits and exposure frameworks

• Conduct stress testing and scenario analysis for options portfolios

3. Product Structuring :

• Develop and structure options-based products/solutions for internal and client use

• Work on payoff structures, pricing models, and scenario analysis

• Collaborate with cross-functional teams for product implementation

4. Governance & Controls :

• Establish and strengthen controls around options activities

• Ensure adherence to internal policies, risk frameworks, and regulatory requirements

• Work closely with Risk, Compliance, and Audit teams

5. Analytics & Reporting :

• Build and enhance dashboards for P&L attribution and risk tracking

• Backtest strategies and evaluate performance

- Provide regular insights and reports to senior management

Candidate Profile :

• 5-12 years of experience in Options / Derivatives Trading, Strategy, or Risk

• Strong understanding of :
• 1. Options pricing and volatility
• 2. Greeks and risk management
• 3. Strategy building (hedging, spreads, structured trades)

• Prior experience in trading, risk, or derivatives desk preferred

• Strong analytical and problem-solving skills

- Proficiency in Excel; knowledge of Python/analytics tools is a plus

Key Skills :

• Options Strategy & Derivatives

• Risk Management (Greeks, VaR, Stress Testing)

• Structured Products

• Financial Markets

- Data Analysis & Interpretation