Marwadi Shares and Finance Limited (MSFL) – ETF Market Trader

Sorry, this job was removed at 04:12 p.m. (UTC) on Thursday, Sep 03, 2026
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Goregaon East, Mumbai Suburban, Maharashtra, IND
In-Office
Junior
Artificial Intelligence • HR Tech • Professional Services • Software
The Role
Execute ETF market-making and arbitrage on NSE/BSE using APIs and trading terminals. Manage quotes, spreads, inventory limits, and slippage. Monitor NAV vs fair value, track P&L, maintain execution logs, and collaborate on strategy and efficiency improvements. Use Excel or Python for spread and cost analysis; prioritize disciplined, risk-aware execution.
Summary Generated by Built In

Company- – Marwadi Shares and Finance Ltd (MSFL)

Role- ETF Market Trader- ( Full Time Role )

Location- Goregaon East, Mumbai

Compensation: Fixed + Performance-Based Bonus

About Us – Marwadi Shares and Finance Ltd (MSFL)
MSFL is a legacy brokerage firm with a bold new vision. With 30+ years in the markets and a
reputaƟon for trust, we’re now invesƟng heavily in proprietary trading across ETFs, Index
Products, and SystemaƟc Strategies. Our goal: to become a powerhouse in execuƟon +
precision-based ETF trading. If you think like a trader and operate like a machine, this role is
for you.


Your Role – ETF Market Trader

Market-Making & Arbitrage Execution
  • Actively track and trade ETFs (Equity, Gold, Debt, International) on NSE/BSE.
  • Quote both sides, monitor liquidity, and manage spreads on a real-time basis.
Price Discovery & Order Book Management
  • Execute arbitrage opportunities between ETF vs underlying basket/index.
  • Track NAV premiums/discounts and align with fair value.
Risk Management First
  • Stick to position limits, manage inventory, and control execution slippage.
  • Real-time awareness of bid/ask spreads, execution impact, and trading costs.
Live Monitoring & Tools Usage
  • Use APIs, custom tools, and real-time dashboards to manage trades.
  • Monitor volume spikes, news-based volatility, and macro triggers (RBI, Fed, CPI data).
P&L Tracking & Reporting
  • Maintain execution logs and daily trading reports.
  • Participate in team strategy reviews and efficiency optimization sessions.
You're a Great Fit If You...
  • Have experience or interest in ETF trading, arbitrage, or market-making.
  • Understand how ETFs behave vs underlying instruments.
  • Are sharp with numbers, think in milliseconds, and act with discipline.
  • Can use Excel or Python to analyze spreads, deviations, and execution costs (basic scripting is a plus).
  • Are calm under pressure and fast without being reckless
  • Why Work at MSFL?
    Infrastructure Ready
    Work on professional-grade trading infrastructure with access to real-time market terminals, API connectivity, execution tools, and institutional-quality market data. The setup is designed to help traders focus on execution quality, speed, and decision-making rather than operational bottlenecks.
    Transparent Payouts
    Your performance directly impacts your earnings. The compensation structure is built around measurable outcomes, rewarding traders who consistently deliver strong execution, manage risk effectively, and contribute to profitable trading operations.
    Work with Mentors
    Collaborate closely with experienced traders, technology leaders, and market strategists who bring deep expertise across trading, quantitative research, execution systems, and market structure. You'll gain exposure to professional trading methodologies, risk management frameworks, and real-world market insights while receiving continuous guidance to accelerate your learning and career growth.
    Serious Capital
    Strong performance is recognized and rewarded with increased trading responsibility and higher capital allocation. As you demonstrate consistency, discipline, and profitability, you'll have opportunities to scale your impact and manage larger trading books.
    No Noise, Just Trading
    Enjoy a focused, results-driven environment where traders are trusted to perform. With minimal bureaucracy and no unnecessary micromanagement, you can concentrate on what matters most—analyzing markets, executing trades, and improving performance.


Skills Required

  • Experience or interest in ETF trading, market-making, or arbitrage
  • Knowledge of how ETFs behave relative to underlying instruments and NAV premium/discount dynamics
  • Ability to quote both sides, manage spreads, and adhere to position limits and risk controls
  • Proficiency with Excel for analysis and reporting
  • Basic Python scripting for analysis (listed as a plus)
  • Experience using APIs, execution tools, and real-time market terminals/dashboards
  • Familiarity with trading on NSE and BSE
  • Track record of P&L tracking, execution logs, and trading report generation
  • Calm under pressure, disciplined decision-making

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