iRage – Quantitative Developer – Quantitative Trading

  • Mumbai
  • 2–10 years

Website Irage Broking Services

Role Overview:

We are seeking a highly skilled Quantitative Developer to take ownership of day-to-day operations for our high-frequency trading strategy. This role combines deep mathematical analysis with hands-on C++ development and strategic problem-solving. The ideal candidate will independently manage strategy execution while continuously improving performance through rigorous quantitative analysis.

Strategy Operations & Execution:

– Manage daily operation and monitoring of high-frequency trading strategies

– Ensure smooth execution across trading sessions, handling system starts, stops, and intraday adjustments

– Monitor real-time performance metrics and respond to anomalies

– Maintain and optimize existing C++ codebase for strategy implementation

Performance Analysis & Optimization:

– Conduct deep-dive analysis into P&L drivers and strategy performance metrics

– Identify patterns in losing trades and develop systematic approaches to mitigate losses

– Perform correlation analysis across multiple factors including market microstructure, timing, and execution quality

– Design and implement A/B tests for strategy improvements

– Build comprehensive reporting dashboards for performance attribution

Quantitative Research:

– Analyze tick-by-tick data to identify execution inefficiencies

– Develop statistical models to predict and prevent adverse selection

– Research market microstructure effects impacting strategy performance

– Implement risk controls and position limits based on quantitative analysis

Technical Development:

– Write production-quality C++ code for strategy enhancements

– Optimize latency-critical code paths and data structures

– Develop tools for backtesting and simulation

– Implement real-time monitoring and alerting systems

– Maintain integration with exchange APIs and market data feeds

Required Qualifications:

Educational Background:

– Bachelor’s degree in Mathematics, Computer Science, Statistics, or related quantitative field

– Advanced degree (MS/PhD) in quantitative discipline preferred

Technical Skills:

– Expert-level C++ programming with focus on low-latency systems

– Strong understanding of data structures, algorithms, and computational complexity

– Experience with Linux systems, multithreading, and network programming

– Proficiency in statistical analysis tools (Python/R, pandas, numpy)

Quantitative Skills:

– Deep understanding of probability theory, stochastic processes, and time series analysis

– Experience with statistical inference and hypothesis testing

– Knowledge of market microstructure and order book dynamics

– Familiarity with signal processing and filtering techniques

Professional Experience:

– 2+ years in quantitative trading, preferably in high-frequency strategies

– Demonstrated experience in troubleshooting and optimizing trading strategies

– Track record of identifying and fixing sources of trading losses

– Experience with tick data analysis and microsecond-level execution

Key Competencies:

– Strong analytical and problem-solving abilities with attention to detail

– Self-directed with ability to manage operations independently

– Excellent debugging skills and systematic approach to problem identification

– Ability to work under pressure during market hours

– Clear communication skills for explaining complex technical concepts

– Intellectual curiosity and drive for continuous improvement

What We Offer:

– Opportunity to directly impact strategy performance and P&L

– Significant autonomy in managing and improving trading operations

– Exposure to cutting-edge technology in financial markets

– Performance-based compensation structure

– Collaborative environment with direct access to strategy stakeholders

– 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.

– Adventure together – Annual offsites and regular team outings.

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

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

– 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.

To apply for this job please visit www.iimjobs.com.

Applying? Get your resume ready first: build or download your TCI resume.

Study Smart: The Ultimate Exam Guide by Yugantar Gupta
Scroll to Top