We are seeking an Algorithmic Trader with strong expertise in finance and quantitative strategies to play a key role in establishing and scaling our trading desk. The ideal candidate will design, develop, and optimize trading algorithms and strategies for multiple asset classes. This role offers a unique opportunity to be involved in the inception of a trading desk, contributing to its core infrastructure and strategy development.
Key Responsibilities:
Algorithm Development:
* Design, implement, and optimize low-latency, high-frequency trading algorithms.
* Develop and back-test quantitative trading strategies using historical and real-time data.
Data Analysis & Strategy:
* Analyze large datasets to identify market patterns and opportunities.
* Collaborate with quant researchers to translate financial models into executable algorithms.
* Continuously improve strategy performance through robust research and testing.
* Design systematic options strategies, primarily for index options.
* Statistical and mathematical reasoning to evaluate strategies.
* Review backtest results and support forward testing, and live deployment of algo strategies.
Infrastructure Development:
* Build and maintain trading infrastructure, including order management systems. PnL monitoring system and market connectivity.
* Ensure the reliability and scalability of trading systems.
* Collaborate with IT and operations teams to ensure seamless integration of systems.
RiskManagement:
* Implement robust risk controls within algorithms to minimize operational and financial risks.
* Monitor and analyze algorithmic performance, ensuring compliance with regulatory standards.
Qualifications:
* Programming Languages: basic knowledge in Python, ability to write clean, optimized, and well-documented code.
* Trading Platforms s APIs: Experience with algorithmic trading platforms such as FIX, Interactive Brokers API, or custom APIs will be an add on.
* Experience in Nifty, Bank Nifty, or Sensex derivatives.
* Strong understanding of options, payoff structures, probability, drawdowns, and risk management.
* Experience and proficiency in MTQuant, AlgoTest, and trade algo , tradetron , utrade algo is required.
* Ability to convert market behaviour into structured, testable trading logic.
Market Understanding:
* Basic knowledge of financial markets, instruments, and trading mechanics.
* Understanding of market microstructure, including order books and trade execution.
* Understanding of financial instruments (futures, options, FX, etc.) and electronic trading workflows.
Additional Ǫualifications:
* Bachelor’s or Master’s degree in Computer Science, Finance, Mathematics, or a
related field.
* 2+ years of experience in algorithmic trading, quantitative research, or related roles.
* Strong analytical skills and attention to detail.
* Excellent communication and collaboration skills.
* Ability to thrive in a fast-paced, entrepreneurial environment.
What We Offer:
* Competitive compensation package, including performance-based incentives.
* Opportunity to work on cutting-edge technology in a high-growth environment.
* Exposure to multiple asset classes and global markets.
* Collaborative and entrepreneurial culture.
* Professional development opportunities, including training and certifications.
Job Types: Full-time, Permanent
Pay: ₹561,941.03 - ₹650,000.00 per year
Benefits:
- Leave encashment
- Paid sick time
- Paid time off
- Provident Fund
Experience:
- total work: 2 years (Required)
Work Location: In person