Quantitative Researcher

Location: Noida/Bangalore, India

Quance Research Capital LLP is a quantitative trading firm that is steering financial markets with advanced technologies. We are looking to hire experienced “Quantitative Researcher” to work with us. The candidate will be responsible for developing and testing automated quant trading strategies using sophisticated statistical techniques. We are seeking talent from the top IIT’s to join us as Quantitative Researchers for our team.

Role and Responsibilities:

  • Designing high frequency trading strategies – you will have access to market data from various exchanges across the world. We expect you to analyze the data, find patterns and explore inefficiencies in the market and come up with algorithms that capitalize on such opportunities. Such opportunities exist only for a (small) fraction of a second and hence the algorithm must be very efficient.
  • Conceptualize strategies, develop and continuously improve upon mathematical models, and help translate algorithms into code
  • Modelling gigabytes of data to analyze, find pattern and test gigabytes of data every day from various exchanges via Python or R and C++ to ascertain micro behavioral patterns.
  • Explore Market Microstructure to find trading signals and opportunities: We expect you to study market data and build predictive models. Such models explore order flow which is an essential part of market microstructure study.
  • Help in improving existing trading strategies: We are already running a few strategies in exchanges and other trading venues across the world. We expect you to help the desk in improving these existing strategies.
  • Back test and implement trading models and signals in a live trading environment. We expect you to back test your idea for latency, PnL and other metrics.
  • Conduct research and statistical analysis to build and refine monetization systems for trading signals.
  • Trading a vast portfolio.
  • Developing business critical reports.

Skill required:

The role suits a self-motivated, highly energetic individual who has a strong background in coding and a keen interest in both financial markets and commodities. Other requirements are:

  • Deep quantitative/programming background with a graduate degree (Bachelor’s, Master’s, PhD degree) in Statistics, Engineering, Computer Science, Mathematics, Operations Research, Economics, or another highly quantitative field.
  • Minimum 2 years of experience required, preferably from high Frequency Trading (HFT)/ Algo firm.
  • Strong knowledge of probability and statistics (e.g. Machine learning, time-series analysis, pattern recognition, NLP). Must be conversant with either Python or R and C++.
  • Proficient in Data science, machine learning and overall market microstructure.
  • Working knowledge of Linux will be preferred.
  • Prior experience of trading is an advantage but not necessary.
  • Prior experience working in a data driven research environment.
  • Strong interest in Machine Learning / AI Techniques.
  • If you have expertise and experience in ML based systems and have interest in the markets and trading, we encourage you to apply.
  • Excellent analytical skills, with strong attention to detail and ability to reach solutions. Ability to work under pressure, with minimal supervision, and in a team environment.

About Us

Qnance Research Capital LLP is a Quantitative Trading Firm that depicts a perfect symphony of technology and research. We specialize in algorithmic-based trading strategies across multiple asset classes through the cutting-edge automated trading platform. We own and create our technology to outperform the competition. Technology is the core of everything we do. We are a team of 20 members who are self-starters, ingenious, experienced, and have passionate minds. Qnance has been created in association with SMC to show focus on the quantitative trading segment. Founders of the company previously headed the Quantitative Trading desk at SMC from 2016-2021.

Why Join Qnance?

  • We at Qnance have an open work culture that gives you the space to innovate and deliver. Our cubical free offices, no red tape, and approachable environment create a melting pot for great ideas and technology innovations.
  • Highly talented and hardworking team be it Quant research, core infrastructure, trading, or DevOps.
  • We have indigenous Research and In-house Infrastructure, both developed organically from scratch and iterated over time.
  • We recruit our engineers and researchers from across the spectrum, systems in place to identify and nurture talent without prejudice. We hire from top engineering colleges including IITs.
  • Flat hierarchy where we believe in meritocracy, exceptionally rewarding (our core team is still with us for the last 4 years).
  • We compete with some of the best minds in the world and that requires a passion for Technology, Research, and Financial markets, backed by exceptional skills, focus, and persistence.
  • We are geographically located in Noida and Bangalore and hence able to outreach most of the talent throughout the country.

Perks:

In addition to an outstanding and organic work environment with rapid advancement potential, we offer benefits, including:

  • Competitive compensation to the right candidates.
  • Semiannual bonuses based on performance to full-time employees
  • Limitless growth and learning opportunities
  • 5 Days working