Irage Quantitative Developer

Job description

Role: Quant Developer/Senior Trader

About Us
We're iRage - a team of quants, engineers, and traders who've spent the last 15 years building
cutting-edge algorithmic trading systems.

Known for its low-latency platforms and quant-backed
strategies, iRage has become a trusted partner for traders and institutions seeking smart execution and
risk management.
Key wins:
✅ Pioneers in algo trading—trusted by top proprietary firms & HFT players.
✅ Top-ranked derivatives broker—consistently high exchange rankings.
✅ Built one of India's largest retail algo communities.
Location: Chandivali, Mumbai
Position Overview
We are seeking a highly skilled 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.
Key Responsibilities
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
● Build comprehensive reporting dashboards for performance attribution
Quantitative Research
● Analyze tick-by-tick data to identify execution inefficiencies
● Develop statistical models to predict and prevent adverse selection
● Research market microstructure effects impacting strategy performance
● Implement risk controls and position limits based on 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
Required Qualifications:
Educational Background
● Bachelor's degree in Mathematics, Computer Science, Statistics, or related quantitative field
● Advanced degree (MS/PhD) in quantitative discipline preferred
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
Key Competencies
● 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 We Offer
● 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

Why You'll Love Working Here
We're a team that hustles - plain and simple.

But we also believe life outside work matters.

No cubicles,
no suits - just great people doing great work in a space built for comfort and creativity.
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 (mostly outside India) and regular team outings.
Performance rewards – Multiple 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 supprt – Smooth move?

We've got your back.
Friendly competition – Work challenges and extracurricular contests to keep things exciting.

Required Skill Profession

Computer Occupations