Quantitative Researcher - IPM (India)

WorldQuant LLC; Mumbai; On-site; INR 400,000 - 700,000; Full time

Job summary

WorldQuant LLC in Mumbai seeks a Quantitative Researcher to advance computer-based models that predict movements of global financial markets. You will apply rigorous data analysis, develop high-quality alphas, and work on a collaborative research platform.

Ph.D. or M.S. in a quantitative field, top academic standing, and programming in Python and C/C++ on Unix/Linux are required. Excellent problem-solving, detail orientation, and strong English communication are essential.

Qualifications

• Ph.D. or M.S. degree in a quantitative or highly analytical field (e.g. Electrical Engineering, Physics, Computer Science, Mathematics, Financial Engineering)
• Ranked in the top 10% of bachelor’s degree class
• Demonstrated ability to program in Python and C/C++ on a Unix/Linux platform
• Excellent problem solving abilities and judgment with a strong attention to detail
• Mature, thoughtful, with the ability to operate in a collaborative, team-oriented culture
• Strong English language skills; ability to communicate complex concepts in simple terms
• Open for all department with GPA score above 8.5 is required

Skills

Python

C/C++

Unix/Linux

English language

Education

Ph.D. or M.S. degree

Tools

Python

C/C++

Job description

WorldQuant develops and deploys systematic financial strategies across a broad range of asset classes and global markets. We seek to produce high-quality predictive signals (alphas) through our proprietary research platform to employ financial strategies focused on market inefficiencies. Our teams work collaboratively to drive the production of alphas and financial strategies – the foundation of a balanced, global investment platform.

WorldQuant is built on a culture that pairs academic sensibility with accountability for results. Employees are encouraged to think openly about problems, balancing intellectualism and practicality. Excellent ideas come from anyone, anywhere. Employees are encouraged to challenge conventional thinking and possess an attitude of continuous improvement.

Our goal is to hire the best and the brightest. We value intellectual horsepower first and foremost, and people who demonstrate an outstanding talent. There is no roadmap to future success, so we need people who can help us build it.

THE ROLE: Research is at the core of WorldQuant. Through rigorous exploration and unconstrained thinking about how to apply data to the financial markets, our researchers are in constant search of new Alphas. We strive to understand data in ways our competitors don’t believe is possible. Researchers at WorldQuant employ tested processes seeking to identify high-quality predictive signals that we believe are undiscovered by the wider market. These signals are mathematical expressions of data that are used as inputs in our quantitative models.
WorldQuant is seeking an exceptional individual to join the firm as a Quantitative Researcher. The person must have a strong understanding of the investment research process to create computer-based models that seek to predict movements of global financial markets. While prior finance experience is not required, a successful candidate must possess a strong interest in learning about finance and global markets. Candidates will have a
research scientist mind-set; be a self-starter, a creative and persevering deep thinker who is motivated by unsolved challenges.

ITS IMPACT: As we pursue our goal of creating new Alphas, we need researchers who will lead us there. WorldQuant’s unique investment platform is a leader amongst its peers and the methodology we employ is cutting edge. We desire people who will help us in our relentless pursuit to succeed.

• WHAT YOU’LL BRING:
• Ph.D. or M.S. degree from a leading university in a quantitative or highly analytical field (e.g. – Electrical Engineering, Physics, Computer Science, Mathematics, Financial Engineering)
• Ranked in the top 10% of bachelor’s degree class
• Demonstrated ability to program in Python and C/C++ on a Unix/Linux platform
• Excellent problem solving abilities and judgment with a strong attention to detail
• Mature, thoughtful, with the ability to operate in a collaborative, team-oriented culture
• Strong English language skills; ability to communicate complex concepts in simple terms
• Open for all department with GPA score above 8.5 is required