Quantitative Analyst

BLB Limited is an India-based holding company engaged in equity, commodity & derivatives trading. Led by Mr. Brij Bagri, the Company has been enriched by his experience of around 36 years in capital market and stands today with a Group net worth of Rs.250 crores.

For the last 40 years, the company has been a pioneer and leader in Jobbing and Arbitrage in India. The company has controlled around 4% capital market share and has been consistently recognized and ranked among ‘Top Volume Drivers’ by BSE and NSE.

To reposition its proprietary high frequency trading space, with program/software driven trading, algorithmic trading and electronic high-frequency trading, BLB Limited aims at hiring a competent Quantitative Analyst. The company has one of the best platforms in terms of infrastructure. This position offers a stimulating and highly rewarding work environment and compensation potential.

We wish to invite highly experienced and expert analysts with experience in designing and programming trading strategies on both customized and third-party vendor products in any/all of the following asset classes: Equities/Commodities/Forex.

ONLY those who desire to associate on a long-term basis, work with real ownership and aim to create a world class trading desk for the company should apply.

Reporting to: Director

Remuneration: Open (Not a constraint for the right candidate)

Job Description:

- Responsibility for development of innovative and computational methods for our statistical arbitrage and quantitative equity strategies.

- Responsible for developing high frequency arbitrage and market making strategies in areas of domestic and international equity, currency and commodity markets.

- Involvement in the full life cycle from coding, developing trading ideas and executing algorithms

- Planning, organizing and managing the deliverables across the development lifecycle

- Back-testing and implementing new quantitative trading strategies and algorithms

- Keep up to date on latest softwares which have the potential of bringing a competitive advantage, and constantly look for ways to improve any existing software configuration;

- Design and development of innovative tools and systems for Ultra Low Latency trading and Direct Market Access.

- Work in close coordination with traders for any software customization requirements.

- Develop and implement new feedback system for user concerns, bugs, and defect tracking regarding use and functionality of new interfaces.

Qualification

- Masters Degree in Computer Science/Information Technology or equivalent.

Technical Competencies

- Sound domain object oriented programming concepts and multiple technologies such as Java, C, C++, ASP.NET

- Experience in systematic researching and developing intraday high frequency quantitative trading strategies

- Strong, methodical problem solving and numerical reasoning skills are a must

- Expertise in managing MS SQL server 2003 onwards and comfortable with Windows 2000/2003 Server and Win XP OS.

- Working with market leaders providing Algo-trading solutions such as (Omneysys / RTS/ NEST/ Apama/ FlexTrader/ Presto/ AlgoStudio/ Greek / Odin/ Neat+/ Neat/ others..).

Behavioral Competencies

- Ambitious and keen to take on responsibility in an organization that provides a high level of autonomy and individual responsibility

- Strong Entrepreneurial and Leadership skills

- Detail orientated and conscientious working manner

- Fluent English and generally good communication skills

Interested Candidates can send their updated resumes to riniaby.bcpl@blblimited.com