Irage-Institutional Sales Trader

Seeking a decisive leader to drive structure & high-impact in institutional sales function.

About Us

We're iRage — a team of quants, engineers, and traders who've spent the last 16 years building cutting-edge algorithmic trading systems. Known for its cutting-edge platforms and quant-backed strategies, iRage has become a go-to for traders and institutions looking for low-latency execution and smart risk management.

Key wins:

'05; Pioneers in algo trading—trusted by top proprietary firms & HFT players.

'05; Top-ranked derivatives broker—consistently high exchange rankings.

'05; Built one of India's largest retail algo communities.

Role: Institutional Sales Head

Location: Chandivali, Mumbai

Role Overview:

The Institutional Sales Head will lead the institutional business by expanding relationships with mutual funds, insurance companies, banks, FPIs/FIIs, pension funds, and other large institutional investors.The role will lead the sales franchise to drive revenue through equity cash and derivative products. The role involves managing high-level relationships with Fund Managers, CIOs, and Dealers at top mutual funds, insurance companies, and banks. The ideal candidate will blend deep market knowledge with a proven ability to monetize research and corporate access. Target Clients: Domestic Institutional Investors (DIIs), Mutual Funds, Insurance Companies, Banks, FIIs/FPIs, AIFs, and Family Offices

Key Responsibilities:

1. Revenue Generation & Client Management

%CF; Generate Revenue: Achieve quarterly and annual brokerage and commission targets through Cash and Derivative products.

%CF; Relationship Management: Deepen wallet share with existing institutional clients (MFs, Insurance, Banks) and acquire new clients.

%CF; Client Coverage: Maintain high-touch, regular engagement with Decision Makers, CIOs, Fund Managers, and Dealers.

%CF; Product Marketing: Effectively market in-house research, investment ideas, and corporate access (roadshows, NDRs).

2. Strategy & Market Intelligence

%CF; Market Strategy: Develop and execute sales strategies tailored to institutional investor needs.

%CF; Advisory: Advise clients on market developments, best execution, and block sourcing.

%CF; Feedback Loop: Provide structured, actionable feedback from clients to internal Research and Trading teams.

3. Execution & Operations

%CF; Trade Handling: Oversee smooth execution and settlement of transactions (NSE CM & FNO).

%CF; Platform Usage: Utilize Bloomberg, FIX order management, and other trading tools for efficiency.

%CF; Compliance: Ensure strict adherence to SEBI regulations and internal compliance norms.

4. Leadership & Mentorship

%CF; Team Management: Mentor, guide, and train junior sales team members to build a strong sales culture.

%CF; Internal Coordination: Collaborate with Investment Banking, Dealing, and Research teams to facilitate high-impact transactions.

Required Skills & Competencies:

%CF; Strong understanding of equity markets and institutional investor behaviour.

%CF; Proven leadership, relationship-building, and negotiation skills.

%CF; Excellent communication, market analysis, and decision-making abilities.

%CF; Ability to integrate research-driven strategies into client engagement.

%CF; Strong time management and coaching abilities.

Preferred:

%CF; Experience dealing with FPIs/FIIs, PMS, AIFs, ETFs.

%CF; Background in research or investment strategy.

%CF; Familiarity with electronic trading platforms and algo tools.

Qualifications:

%CF; Postgraduate degree in Finance, Business, or related field (MBA/CA/CFA preferred).

%CF; 5+ years of relevant institutional sales experience with strong relationships across major fund houses, insurers, banks, and FIIs/FPIs.

Why You'll Love Working Here

We're a team that hustles—plain and simple. But we also believe life outside work matters. No cubicles, no suits—just great people doing great work in a space built for comfort and creativity.

Here's what we offer:

Competitive salary – Get paid what you're worth.

Generous paid time off – Recharge and come back sharper.

Work with the best – Collaborate with top-tier global talent.

'08; Adventure together – Annual offsites (mostly outside India) and regular team outings.

Performance rewards – Multiple bonuses for those who go above and beyond.

Health covered – Comprehensive insurance so you're always protected.

&A1; Fun, not just work – On-site sports, games, and a lively workspace.

Learn and lead – Regular knowledge-sharing sessions led by your peers.

Annual Education Allowance – Take any external course, or certification that makes you better at your craft.

Stay fit – Gym memberships with equal employer contribution to keep you at your best.

Relocation support – Smooth move? We've got your back.

Friendly competition – Work challenges and extracurricular contests to keep things exciting.