Harshad Vaja

Business Development Executive

Mumbai, Maharashtra, India7 yrs experience

Key Highlights

Expertise in derivatives trading and risk management.
Proficient in algorithmic trading strategies.
Strong foundation in fund accounting and performance reporting.

Stackforce AI infers this person is a skilled professional in Fintech with a focus on derivatives trading and risk management.

Contact

Skills

Core Skills

Trade ExecutionAlgorithmic TradingQuantitative TradingRisk Management

Other Skills

Algorithmic Trading StrategiesBacktestingCapital MarketsClient CommunicationDerivative TradingFutures & Options TradingIndex and Equity DerivativesInstitutional ExecutionMicrosoft Excel ProficiencyOptions StrategiesOrder ManagementPortfolio Risk ManagementPost-Market ActivitiesStatistical ModelsVolatility Analysis

About

An institutional trader with over 2 years of experience across capital markets, derivative trading, and institutional execution. My expertise spans index and equity derivatives, options strategies, risk management, and algorithmic trading. Currently at IIFL Capital, I execute trades for domestic & foreign institutional clients, Hedge funds and Banks, while leveraging advanced algo strategies to optimize execution and minimize market impact. Previously, I gained strong exposure as a Prop Desk Trader at Jainam Broking, where I actively managed portfolios using Option Greeks (Delta, Gamma, Theta, Vega, Rho), volatility analysis, and statistical models to identify profitable opportunities. My early career at State Street and BNP Paribas built a strong foundation in fund accounting, NAV validation, performance reporting and corporate actions, sharpening my attention to detail and operational discipline. My career goal is to further specialize in derivatives trading and portfolio risk management, contributing to institutional efficiency and long-term market success.

Experience

Iifl capital services limited

Institutional derivatives trader

Sep 2025 – Present · 6 mos · Mumbai, Maharashtra, India · On-site

Nirmal bang

Institutional Dealer

Nov 2024 – Aug 2025 · 9 mos · Mumbai, Maharashtra, India · On-site

Trade Execution: Execute trades on behalf of institutional clients, Portfolio Management Services (PMS), and mutual funds, ensuring precision and efficiency in all transactions.
Order Management: Oversee and monitor client orders, upload basket files in Odin, and ensure the timely and accurate processing of all transactions.
Algorithmic Trading Strategies: Implement and execute trades using various algorithmic strategies, including Time-Weighted Average Price (TWAP), Participation of Volume (POV), Iceberg, Volume Trigger, Guerrilla, and others, to optimize trade execution while minimizing market impact.
Futures & Options (F&O) Trading and Expiry Management: Execute Futures & Options (F&O) trades and manage short rolls at expiry to facilitate seamless transitions and effective risk management.
Microsoft Excel Proficiency: Utilize advanced Excel functions, including VLOOKUP and HLOOKUP, for data analysis and report generation to support trading operations.
Client Communication: Provide clients with timely trade confirmations and coordinate with sales traders regarding various client orders, particularly in cases where orders exceed predefined limits.
Post-Market Activities: Prepare pending orders for clients aftermarket hours and maintain accurate records by documenting daily pending orders for efficient tracking and reporting.

Trade ExecutionOrder ManagementAlgorithmic Trading StrategiesFutures & Options TradingMicrosoft Excel ProficiencyClient Communication+2

Jainam broking limited

Quantitative Trader

Jun 2023 – Oct 2024 · 1 yr 4 mos · Mumbai, Maharashtra, India · On-site

Conducting a thorough analysis of volatilities in the market and executing trades focusing on Delta, Gamma, Theta, Vega, and Rho to determine linear and non-linear payoffs.
Utilizing this analysis to identify mispriced options and potential trading opportunities.
Monitoring and managing portfolio risk exposure by adjusting positions based on changes in the Greeks.
Conducting backtesting and optimization of trading algorithms to ensure profitability and risk management.

Volatility AnalysisPortfolio Risk ManagementBacktestingStatistical ModelsQuantitative TradingRisk Management