Irage-Quantitative Developer

Role: Quant Developer/Senior Trader About Us We're iRage - a team of quants, engineers, and traders who've spent the last 15 years buildingcutting-edge algorithmic trading systems. Known for its low-latency platforms and quant-backedstrategies, iRage has become a trusted partner for traders and institutions seeking smart execution andrisk 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 forour 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 strategyexecution 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 intradayadjustments● 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 analysisTechnical 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 improvementWhat 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 stakeholdersWhy 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.