Senior Quant Developer

iRageCapital Advisory Private Limited; Mumbai; On-site; Full time

Job description

About Us

iRage is one of India's leading high‑frequency trading firms. We build and own everything in‑house, from ultra‑low‑latency execution to full trading infrastructure. Our systems deliver some of the lowest latencies in the market, with order‑send speeds under 100 nanoseconds. But great technology alone doesn\'t move markets, our quant and tech teams work in lockstep, and the results speak for themselves. Millions of trades. Every day. At lightning speed. iRage is where that tech expertise meets real market impact, at scale, in one of the world\'s fastest‑growing trading ecosystems.

Key Responsibilities

We are seeking a highly skilled Senior Quantitative Developer to take ownership of day‑to‑day operations for our high‑frequency trading strategy. This role combines deep mathematical analysis with hands‑on C++ development and strategic problem‑solving. The ideal candidate will independently manage strategy execution while continuously improving performance through rigorous quantitative analysis.

Technical Development

Write production‑quality C++ code for strategy enhancements

Optimize latency‑critical code paths and data structures

Develop tools for backtesting and simulation

Implement real‑time monitoring and alerting systems

Maintain integration with exchange APIs and market data feeds

Strategy Operations & Execution

Manage daily operation and monitoring of high‑frequency trading strategies

Ensure smooth execution across trading sessions, handling system starts, stops, and intraday adjustments

Monitor real‑time performance metrics and respond to anomalies

Maintain and optimize existing C++ codebase for strategy implementation

Performance Analysis & Optimization

Conduct deep‑dive analysis into P&L drivers and strategy performance metrics

Identify patterns in losing trades and develop systematic approaches to mitigate losses

Perform correlation analysis across multiple factors including market microstructure, timing, and execution quality

Design and implement A/B tests for strategy improvements

Quantitative Research

Analyze tick‑by‑tick data to identify execution inefficiencies

Research market microstructure effects impacting strategy performance

Implement risk controls and position limits based on quantitative analysis

Required Qualifications

Educational Background

B.Tech/B.E. from a reputed institution preferred (IITs, NITs, or equivalent).

Bachelor\'s degree in Mathematics, Computer Science, Statistics, or related quantitative field.

Technical Skills

Expert‑level C++ programming with focus on low‑latency systems

Strong understanding of data structures, algorithms, and computational complexity

Experience with Linux systems, multithreading, and network programming

Proficiency in statistical analysis tools (Python/R, pandas, numpy)

Quantitative Skills

Deep understanding of probability theory, stochastic processes, and time series analysis

Experience with statistical inference and hypothesis testing

Knowledge of market microstructure and order book dynamics

Familiarity with signal processing and filtering techniques

Professional Experience

2+ years in quantitative trading, preferably in high‑frequency strategies

Demonstrated experience in troubleshooting and optimizing trading strategies

Track record of identifying and fixing sources of trading losses

Experience with tick data analysis and microsecond‑level execution

While the role is industry‑agnostic, candidates with relevant quantitative, low‑latency, or performance‑critical development experience will be preferred

Strong analytical and problem‑solving abilities with attention to detail

Self‑directed with ability to manage operations independently

Excellent debugging skills and systematic approach to problem identification

Ability to work under pressure during market hours

Clear communication skills for explaining complex technical concepts

Intellectual curiosity and drive for continuous improvement

What\'s in it for you

Opportunity to directly impact strategy performance and P&L

Significant autonomy in managing and improving trading operations

Exposure to cutting‑edge technology in financial markets

Performance‑based compensation structure

Collaborative environment with direct access to strategy stakeholders

Here\’s what we offer

Competitive salary – Get paid what you\'re worth.

Generous paid time off – Recharge and come back sharper.

Work with the best – Collaborate with top‑tier global talent.

Adventure together – Annual offsites (international & domestic) plus regular team outings.

Performance rewards – Attractive bonuses for those who go above and beyond.

Health covered – Comprehensive insurance so you\'re always protected.

Fun, not just work – On‑site sports, games, and a lively workspace.

Learn and lead – Regular knowledge‑sharing sessions led by your peers.

Annual Education Allowance – Take any external course, or certification that makes you better at your craft.

Stay fit – Gym memberships with equal employer contribution to keep you at your best.

Relocation support – Smooth move? We\'ve got your back.

Friendly competition – Work challenges and extracurricular contests to keep things exciting.