Overview
Job Title: Quantitative Analyst
Location: Mumbai
Industry: Institutional Stock Broking Firm
Key Responsibilities:
– Back-test and implement high-frequency trading signals/strategies in the equity derivatives segment.
– Conduct pre- and post-trade analytics to evaluate the feasibility and performance of trading strategies.
– Perform latency analysis to optimize strategy performance.
– Conduct performance attribution of live portfolios, analyzing and back-testing trading strategies.
– Develop, review, and refine strategy codes using VBA, C++, R, Python, or similar programming languages.
– Analyze large datasets to extract actionable insights and trading ideas.
– Service institutional clients by providing data-driven insights and quantitative strategies tailored to their needs.
– Analyze derivative data to identify market trends and opportunities.
– Monitor and interpret market news flows related to mergers and demergers to inform strategy development.
– Design and implement quantitative derivative strategies to enhance portfolio performance.
– Apply advanced knowledge of Probability, Statistics, Machine Learning, and Pattern Recognition to develop robust strategies.
Qualifications:
– Bachelor’s or Master’s degree in Engineering (preferably from IITs) or a specialization in Finance from renowned universities.
– Minimum 3 years of experience in building or implementing high-frequency trading strategies in the broking industry.
– Proficiency in programming languages such as VBA, C++, R, or Python.
– Strong analytical mindset and expertise in working with large datasets.
Skills & Competencies:
– Comprehensive understanding of derivatives and quantitative analysis.
– Strong problem-solving abilities and attention to detail.
– Entrepreneurial mindset with high energy and activity levels.
– Team player with a collaborative approach in a competitive yet constructive environment.