Quantitative Analyst - Stock Broking Firm

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.