Algorithmic Trading Role - BFSI - IIT

- The core function is to develop systematic trading strategies for financial markets, as well as develop models which calculate the correct price for any of financial trades across all the asset classes (interest rates, equity, FX, credit, etc).

- This involves a sequence of steps starting with data collection and cleaning followed by basic modelling of financial time-series for the purpose of forecasting. Subsequently, the models are prototyped and put into production.

- Other areas of quant activity include e-trading algorithms; pricing adjustments for capital, collateral and margin; and general advisory to the firm on risk, valuation and systems issues.

Responsibilities :

- Development of Algorithmic Trading Strategies for prop trading desks

- Working with traders and structurers to support Algorithmic Index Business.

Skills :

- Graduate/Post Graduate degree in a Quantitative subject (Mathematics, Physics, Engineering, Statistics, Economics)

- Programming ability in one or more of the following (C, C++, C#, Java, Python)

- Understanding of Derivative Pricing Theory, Time Series Analysis, Machine Learning techniques.

- We can look at profiles from top 5 IIT only - IIT Bombay, Delhi, Madras, Kharagpur and Kanpur

- The CGPA has to be above 7.5

- The work should involve computing, coding, algo skills etc