Job Description

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Merits Capital Private Limited is a leading financial services firm, and we are currently seeking a skilled and experienced Quants Developer to join our team. As a Quants Developer, you will play a crucial role in algorithm testing, strategy design, backtesting, and implementation. The ideal candidate will have a minimum of two years of experience in algorithm testing and strategy design, along with a solid understanding of tools such as Symphony and AmiBroker.

Responsibilities:

Collaborate with the quantitative research team to develop and implement trading strategies, ensuring they meet performance and risk criteria.

Conduct rigorous backtesting of trading strategies to evaluate their effectiveness and refine them for optimal performance. Develop and maintain sophisticated mathematical models and algorithms for trading and risk management purposes. Implement trading strategies and algorithms using various programming languages, including but not limited to Python, R, or MATLAB. Collaborate with the technology team to ensure smooth integration and deployment of strategies into production trading systems. Work closely with traders and portfolio managers to understand their requirements and provide technical support for strategy implementation and monitoring. Analyze and interpret trading data, identifying opportunities for improvement and optimizing existing strategies. Stay up-to-date with industry trends and emerging technologies in quantitative finance and algorithmic trading.

Requirements:

Minimum of four years of experience in algorithm testing and strategy design within the financial industry. Strong programming skills in languages such as Python, R, or MATLAB, with a focus on algorithm development and implementation. Proficiency in tools like Symphony and AmiBroker for strategy development and testing. Sound understanding of financial markets, trading concepts, and risk management principles. Familiarity with backtesting methodologies and statistical analysis techniques. Excellent problem-solving skills and attention to detail. Ability to work effectively in a fast-paced, dynamic environment with tight deadlines. Strong communication skills, with the ability to explain complex concepts to both technical and non-technical stakeholders. Bachelor's or Master's degree in a quantitative field such as Mathematics, Statistics, Computer Science, or Finance.
At Merits Capital Private Limited, we offer a competitive salary and comprehensive benefits package. You will have the opportunity to work alongside a talented team of professionals in a supportive and collaborative environment.

To apply, please submit your updated resume and a cover letter outlining your relevant experience and why you are interested in this position. Only qualified candidates will be contacted for further consideration.

Merits Capital Private Limited is an equal opportunity employer. We value diversity and encourage applicants from all backgrounds to apply.

Note: This job description is intended to provide a general overview of the responsibilities and requirements of the position. It is not an exhaustive list, and other duties may be assigned as deemed necessary by the company

Job Types: Full-time, Permanent

Pay: ?300,000.00 - ?1,400,000.00 per year

Experience:

total work: 2 years (Preferred)
Work Location: In person