Data Analytics Internship in Mumbai

Marwadi Shares and Finance Ltd.; Maharashtra; On-site; INR 150,000 - 350,000; Part time

Job summary

Marwadi Shares and Finance Ltd. (MSFL) invites interns to develop Python-based backtesting frameworks for Indian index and options strategies, translating trading ideas into rule-based models.

You will handle historical index options data, including IV, Greeks, and expiry, and assess performance using P/L, drawdown, Sharpe, and tail losses. The role includes automating execution via the XTS API and integrating markets data with trading systems.

Qualifications

• Internship responsibilities include developing Python-based backtesting frameworks for Indian index and options strategies.
• Converting trading ideas into systematic, rule-based models.
• Working with historical index options data, including IV, Greeks, and expiry.
• Analyzing strategy performance using P&L, drawdown, Sharpe, win rate, and tail risks.
• Developing automated strategy execution using the XTS API.

Responsibilities

• Develop Python-based backtesting frameworks for Indian index and options strategies
• Convert trading ideas and discretionary strategies into systematic, rule-based models
• Work with historical index options data, including IV, Greeks, and expiry
• Analyze strategy performance using metrics such as P&L, drawdown, Sharpe, win rate, risk-adjusted returns, and tail losses
• Develop automated strategy execution using the XTS API
• Integrate market-data feeds, order management, and execution logic with the trading system
• Build monitoring and risk-management components for live strategies
• Document research findings, assumptions, and backtest results

Skills

Python

Backtesting

Data analysis

Tools

XTS API

Job description

Selected Intern's Day-to-day Responsibilities Include

• Develop Python-based backtesting frameworks for Indian index and options strategies
• Convert trading ideas and discretionary strategies into systematic, rule-based models
• Work with historical index options data, including IV, Greeks, and expiry
• Analyze strategy performance using metrics such as P&L, drawdown, Sharpe, win rate, risk-adjusted returns, and tail losses
• Develop automated strategy execution using the XTS API
• Integrate market-data feeds, order management, and execution logic with the trading system
• Build monitoring and risk-management components for live strategies
• Document research findings, assumptions, and backtest results

About Company: Marwadi Shares and Finance Ltd. (MSFL) is one of India's leading financial services institutions, trusted since 1992. With over 410,000 active customers, MSFL has evolved into a diversified platform encompassing broking, research, depository services, distribution, and proprietary trading. The company actively trades across major asset classes, including equities, commodities, and currency, while maintaining a strong presence in multiple global markets.