Algo Trader - Greater Kailash II, Delhi, Delhi, India - Usurp HRTech solutions pvt Ltd

Usurp HRTech solutions pvt Ltd
Usurp HRTech solutions pvt Ltd
Verified Company
Greater Kailash II, Delhi, Delhi, India

2 weeks ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description

Job title:
Algorithmic Developer


Location:
Greater Kailash 2, Delhi


Salary:
Up to 6 LPA


Experience:
1 year in building algorithmic system independently.


About Company:

Raneh Capital leverages Quant, Algo, and AI trading strategies to consistently achieve market-beating returns.

With a vision to launch its Portfolio Management Service (PMS) in India by April 2024, Raneh Capital is poised to revolutionize investment strategies.


Responsibilities:


Strategy Development:


  • Research, design, and develop proprietary algorithmic trading strategies across various asset classes.
  • Utilize quantitative methods and statistical models to identify profitable trading opportunities.

Algorithm Implementation:


  • Deployment and maintenance of code and files on the servers.
  • Managing load balancers to reduce lag time.
  • Code, test, and implement algorithmic trading strategies using programming languages such as Python.
  • Ensure the efficient execution of algorithms by collaborating with technology and infrastructure teams.

Risk Management:


  • Monitor and manage the risk associated with algorithmic trading strategies.
  • Implement risk controls and conduct ongoing performance analysis to optimize trading algorithms.

Market Research:


  • Stay abreast of market trends, economic indicators, and global events that may impact financial markets.
  • Conduct indepth research to identify new trading opportunities and refine existing strategies.

Collaboration:


  • Work closely with other members of the trading team, as well as technology, compliance, and operations teams.
  • Collaborate with quantitative analysts and researchers to enhance trading models and algorithms.

Compliance and Regulation:


  • Ensure that all trading activities comply with relevant financial regulations and internal compliance policies.
  • Stay informed about changes in regulatory requirements and adjust strategies accordingly.

Performance Monitoring:


  • Monitor and evaluate the performance of trading algorithms in realtime.
  • Implement improvements and adjustments based on ongoing analysis.

Qualifications and Skills

  • Bachelor's or advanced degree in finance, mathematics, computer science, or a related field.
  • Should have a minimum 1 years in building algorithmic system independently.
  • Proven experience as an algorithmic trader in a financial institution or proprietary trading firm.
  • Strong programming skills in languages such as Python.
  • Deep understanding of financial markets, trading strategies, and risk management.
  • Excellent analytical and quantitative skills.
  • Ability to work in a fastpaced and dynamic trading environment.
  • Strong communication and teamwork skills.

Preferred Skills:


  • Should have knowledge of cloud computing like AWS or azure.
  • Back testing and execution of trades
  • Experience with machine learning and data analysis.
  • Familiarity with Python
  • Knowledge of financial derivatives and structured products.
  • Should have knowledge of deployment and maintenance of code and files on the servers.
  • Managing load balancers to reduce lag time.

Pay:
₹400, ₹600,000.00 per year


Benefits:


  • Paid sick time
  • Provident Fund

Schedule:

  • Day shift

Application Question(s):

  • Do you have knowledge of cloud computing like AWS and AZURE ?
  • What is your Current CTC?
  • How far do you stay from Greater Kailash (in Minutes) ?

Education:


  • Bachelor's (preferred)

Experience:

- total work: 1 year (preferred)

  • Python: 1 year (preferred)
  • Algorithm design: 1 year (preferred)

Work Location:
In person
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