Quantitative Finance Analyst - Bank - IIT

Position Overview: We are seeking a highly motivated and skilled Quantitative Finance Analyst with 1-3 years of relevant experience to join our team. The ideal candidate will have a strong engineering background from the Indian Institutes of Technology (IIT) and a keen interest in quantitative finance. The role is a 1-year contractual position with the intention to convert it to a full-time role towards the end of the tenure.

Fund Overview: The fund is established by an ex-trader from Deutsche Bank, with an 8-year track record of generating a 30% IRR. We specialize in investing in US and European equities, leveraging advanced hedging strategies to optimize our investment positions.

Key Responsibilities:

- Develop and implement quantitative models to analyze and predict market trends.

- Assist in the development and execution of hedging strategies to manage risk and enhance portfolio performance. Monitor existing investment strategies and suggest improvements.

- Collaborate with senior analysts and traders to provide actionable insights and recommendations.

Qualifications:

- 1-3 years of experience in a quantitative finance role.

- Bachelor's degree in Engineering from the top IITs.

- Strong analytical and quantitative skills with proficiency in programming languages such as Python, R, or MATLAB.

- Solid understanding of financial markets, instruments, and hedging strategies. Experience with statistical analysis, machine learning, and data visualization tools.

The salary for the above role will be competitive along with performance-based bonuses.