Equity Derivatives Quant

Role Overview

The CITICS CLSA Equity Derivatives team (EQD) offers its clients a wide range of products and services meeting different needs like risk management, investment return enhancement, financing, and cross-border market access. EQD’s products and services include Prime Services, Derivative Products, Quantitative Investment Strategies (QIS), and Market Making. EQD Quants is a team of quantitative analysts who specialize in quantitative finance and technology and work closely with EQD traders, sales and structuring teams.

What You Will Do

The day-to-day responsibilities of the EQD Quant will include— Analysis of market microstructure data to identify actionable trading signals for equities and derivatives in India and other Asia-Pac markets, Research and development of trading models using real-time and historical trade and quote data for equities and derivatives in India and other Asia-Pac markets, Back-testing of the above strategies, Understanding and enhancing EQD’s trading strategies for India and other Asia-Pac markets, Working with EQD developers and the firm’s technology teams to implement trading strategies and optimizing code, Understanding and contributing to EQD’s trading infrastructure, Monitoring live performance of EQD’s trading strategies for continuous enhancement of signal detection and performance robustness.

Why It Might Be a Fit

A self-starter with a passion and strong analytical and problem-solving skills, Ability to work in a fast-paced environment and deliver solutions under pressure, Excellent collaboration and communication skills, Ability to adapt to new technologies and frameworks, Stay informed on CITIC CLSA Job Opportunities

Requirements

• A bachelor’s degree in engineering from a top-tier Indian institute (e.g., the top IITs) and/or a master’s or PhD degree in a quantitative field (Mathematics, Physics, Computer Science, Electrical Engineering, Quantitative Finance, etc.) from a top-tier Indian or foreign university
• 6+ years of professional industry experience, ideally in research or development of trading strategies
• Deep knowledge of options, futures and other equity derivatives, especially in India
• Deep knowledge of market microstructure and exchange protocols in India/Asia-Pac markets
• Advanced knowledge of low-latency systems and real-time data processing
• Experience in trading or microstructure-based signal research using high-frequency or ultra-high frequency data in India/Asia-Pac markets
• Strong programming skills and experience in C++ (17.0 or later), Python or similar languages
• Experience of trading on the NSE or BSE using low-latency or ultra-low-latency real-time data
• Experience of working on FPGAs