Irage-Quantitative Developer
Role: Quant Developer/Senior Trader
Work mode- 5days onsite
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.
