Joydav Banik, EPAT

Business Development Executive

Kolkata, West Bengal, India2 yrs 10 mos experience

Most Likely To Switch

Key Highlights

2.5 years in derivatives trading and quantitative research.
Proficient in Python and advanced analytics for trading models.
Expertise in risk management and strategic option hedging.

Stackforce AI infers this person is a Quantitative Finance professional with strong analytical and trading skills.

Contact

Skills

Core Skills

Derivatives TradingRisk ManagementOptions StrategiesFinancial AnalysisMarket Research

Other Skills

API TestingArbitrageAttention to DetailBacktestingCryptocurrency TradingData analysisData-driven approachDay TradingDerivativesEquity DerivativesEquity TradingFinancial PlanningFinancial ReportingFinancial modelingHedging and Funding

About

Aspiring quantitative researcher with 2.5 years of experience in derivatives trading, specializing in the development and execution of data-driven strategies. Proficient in Python and MS-Excel, with a strong foundation in statistical analysis, risk management, and market dynamics. Committed to applying advanced analytics and machine learning techniques to enhance trading models and optimize performance. Seeking to transition into a quantitative research role where I can contribute to innovative solutions in the finance sector. Pro-efficient in Option Greeks, Volatility trading, delta hedging and currently working in Straddle, Calendar, and Diagonal strategies. I am well acquainted with "Nest" and "Odin" software. Let's connect to explore collaboration opportunities in quantitative finance.

Experience

2 yrs 10 mos

Total Experience

1 yr 5 mos

Average Tenure

2 yrs 4 mos

Current Experience

Mansukh securities & finance ltd.

Derivatives Trader

Feb 2024 – Present · 2 yrs 4 mos · Kolkata, West Bengal, India · On-site

As a Derivatives Trader, I specialize in executing and managing derivative trades across various product markets, with a focus on stocks and index derivatives. My responsibilities include:
Trade Execution: Executing derivative trades in accordance with specific program guidelines, emphasizing equity derivatives.
Market Expertise: Building strong expertise in capital markets dynamics, financial derivative instruments, valuation, and trade execution aspects.
Risk Management: Actively managing counterparty exposures, counterparty performance, and relationships.
Hedging and Funding: Developing a deep understanding of the hedging and funding dynamics of our counterparties and their impact on pricing and execution.
Strategy Researcher and developer: working on new strategies using excel and python.
Strategic Insights: Recommending thematic strategic trade ideas, collaborating across asset classes where necessary.
Volatility Portfolio: Managing risk positions for a volatility portfolio.

Trade ExecutionMarket ExpertiseRisk ManagementHedging and FundingStrategy Researcher and developerStrategic Insights+2

Sunrise gilts & securities private limited

Derivatives Trader

Aug 2023 – Feb 2024 · 6 mos · Kolkata, West Bengal, India · On-site

As an Index Options Trader, I effectively manage portfolio through strategic option hedging techniques. My primary focus is on risk management to mitigate potential losses while maximizing returns. I employ a data-driven approach to analyze market trends and execute timely trades, ensuring portfolio growth. My expertise lies in crafting and implementing risk-reduction strategies, allowing for consistent and profitable trading outcomes. I thrive in fast-paced environments and remain committed to achieving financial goals while maintaining a disciplined approach to trading.

Risk ManagementData-driven approachStrategic option hedging techniquesOptions Strategies

Netscribes

Finance Research Associate

May 2023 – Aug 2023 · 3 mos · On-site

Diligent and detail-oriented research associate with a demonstrated aptitude for analyzing company financials, mergers and acquisitions, and business operations. Equipped with a strong foundation in financial analysis, market research, and strategic evaluation. Proven ability to distill complex financial data into concise insights and recommendations. Collaborative team player with a passion for contributing to informed decision-making.
Key Highlights:
Conducted comprehensive financial analysis, scrutinizing key performance indicators, financial statements, and market trends to provide accurate assessments of company health and performance.
Assisted in evaluating potential mergers and acquisitions by conducting due diligence, analyzing synergies, and assessing the financial viability of target companies.
Played a vital role in compiling and synthesizing data for strategic business plans, enabling informed decision-making by senior management.
Collaborated closely with cross-functional teams to gather and interpret data, contributing to the development of actionable insights for optimizing business strategies.
Developed and maintained detailed financial models to forecast company performance under varying market conditions, aiding in risk assessment and strategic planning.
Assisted in preparing presentations and reports for internal and external stakeholders, effectively communicating complex financial concepts and findings.
Utilized industry-leading financial software and tools to enhance the accuracy and efficiency of data analysis and reporting processes.

Financial analysisMarket researchStrategic evaluationData analysisFinancial modelingFinancial Analysis+1

Stockship broking services llp

Financial Planning Analyst

Jul 2022 – Sep 2022 · 2 mos · India

Nse india

Stock Trader

Sep 2020 – Jan 2024 · 3 yrs 4 mos · Remote

Working on every parameter to trade in equity and derivatives with the moto to minimize the risk and maximizing the reward to create a well diversified portfolio
Taking trades on personal account while pretending to attend University of Calcutta