Quantitative Trader

Position: Quantitative Trader - Medium Frequency Trading Desk (Neo Markets)

Role Overview:

We are seeking a highly skilled Quantitative Trader to design, develop, and optimize alpha-generating trading strategies for our Medium-Frequency (MFT) desk. The role requires deep expertise in statistical modelling, market microstructure, and data-driven research, with a strong focus on low-latency and high-performance trading environments. You will work closely with traders, developers, and infrastructure teams to translate research ideas into production-grade strategies.

Job Responsibilities:

Trading Execution & Portfolio Management

• Execute and manage systematic trading strategies across market conditions, with a focus on execution quality and risk-adjusted returns.
• Develop optimal order execution and position-sizing strategies to minimize market impact, slippage and transaction costs.
• Monitor intraday positions, exposures and trading limits, ensuring adherence to defined risk parameters.
• Identify opportunities to improve execution efficiency through smart order routing, trade scheduling and liquidity analysis.

Risk Management & Performance Monitoring

• Monitor live strategy performance, P&L, drawdowns and risk exposures, and take corrective action where required.
• Develop risk models to assess market, liquidity and model risks across trading strategies.
• Establish performance attribution frameworks to identify key drivers of profitability, transaction costs and strategy underperformance.
• Conduct scenario analysis and stress testing to evaluate strategy resilience during volatile and abnormal market conditions.

Strategy Optimization & Continuous Improvement

• Continuously evaluate and refine trading strategies using live market data, execution outcomes and changing market dynamics.
• Identify and address model decay, overfitting and changes in market regimes to sustain strategy performance.
• Research new quantitative techniques and alternative data sources to generate incremental alpha and improve signal quality.
• Maintain rigorous documentation of strategy logic, assumptions, validation results and production performance.

Key Skills & Experience:

• Education

o Bachelor's / Master's / PhD in:

Mathematics, Statistics, Computer Science, Physics, Engineering or related quantitative field

• Technical Skills

o Strong programming skills in Python (mandatory), C++ (preferred)

o Experience with NumPy, Pandas, SciPy. Data handling & large dataset processing

o Familiarity with Linux/Unix systems, Version control (Git).

• Quantitative Skills

o Solid understanding of Probability & statistics, Linear algebra and optimization and Time-series analysis

o Knowledge of Market microstructure, Order book dynamics and Execution algorithms

• Trading

o Understanding of Equity / derivatives markets and Exchange mechanisms (NSE, BSE, global markets preferred)

o 2-5 years experience in Trading role with PNL responsibility

Preferred Qualifications:

• Prior 2-5 years experience in Proprietary trading firms / hedge funds / MFT firms along with PNL responsibility

• Exposure to Low-latency systems and event-driven architectures

• Experience with trading strategies in production and having PnL responsibilities

• Participation in Competitive programming / Kaggle / quant competitions