Senior Proprietary Trader Job in Dubai
RED TYRE TRADING LLC is offering a compelling career opportunity for ambitious and seasoned trading professionals to join its team in Dubai, the thriving global financial hub of the Middle East. The company is seeking a Senior Proprietary Trader with a proven track record in managing and executing trading strategies using the firm's capital.
Job Description
In this role, the Senior Proprietary Trader will be responsible for generating profits through active trading in global financial markets, utilizing the firm's capital and technology. The focus will be on developing and executing scalable, profitable trading strategies while maintaining rigorous risk management.
Key Expected Responsibilities:
- Develop and manage a personal trading book using the firm's capital across multiple asset classes (e.g., Forex, Indices, Commodities, Equities) in line with the firm's strategy.
- Conduct in-depth market analysis using fundamental and technical analysis tools to identify trading opportunities.
- Execute trades efficiently and manage open positions on a daily basis.
- Adhere strictly to the firm's defined risk management framework, including daily and weekly loss limits.
- Monitor and analyze performance, providing regular reports on P&L and insights.
- Stay abreast of global economic developments and geopolitical events impacting financial markets.
- Work collaboratively with the trading team and management to share ideas and improve processes.
Requirements and Qualifications
This position demands a high level of experience and discipline. Required qualifications include:
- Minimum of 5 years of proven experience in proprietary trading or a similar trading environment.
- Strong, verifiable historical performance track record demonstrating consistent profitability.
- Deep understanding of financial risk management and hedging principles.
- Proficiency in using advanced trading platforms and analytical tools (e.g., MetaTrader, Bloomberg, or proprietary systems).
- Comprehensive knowledge of market mechanics and major asset classes.
- Ability to perform under pressure and make quick, calculated decisions in a fast-paced environment.
- Bachelor's degree in a relevant field such as Finance, Economics, Mathematics, or Engineering. Advanced degrees or professional certifications (CFA, CAIA) are a plus.
- Excellent communication and analytical skills.
- High degree of self-discipline and professional integrity.
Job Location and Environment
The position is based in Dubai, United Arab Emirates, a premier global financial and commercial center. Dubai offers a dynamic and stimulating work environment with world-class infrastructure and a regulatory framework that supports the financial services sector. Traders will operate in a professional setting equipped with state-of-the-art technology.
How to Apply
Applications for this position are processed through the Naukrigulf online platform. Interested candidates who meet the above criteria should search for the job listing under the title "Senior Proprietary Trader" in Dubai for the company "RED TYRE TRADING LLC" on the Naukrigulf website.
Applicants are advised to prepare:
- An updated, concise CV highlighting trading experience and performance history.
- A Cover Letter outlining trading philosophy and risk management discipline.
- Be prepared to discuss trading strategies and historical performance during interview stages.
This is an ideal opportunity for an experienced trader seeking a robust platform in a global financial market to advance their career to the next level within a dynamic firm.
Note: Specifics regarding salary and additional benefits will be discussed directly with qualified candidates during the interview process, based on experience and performance track record.