VP Quant

8 - 12 years

25 - 30 Lacs

Posted:1 day ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

  • The CoinDCX Journey: Building the Future of FinanceAt CoinDCX, our mission is clear - to make crypto and blockchain accessible to every Indian and enable them to participate in the future of finance
  • As India s first crypto unicorn valued at $2
  • 45B, we are reshaping the financial ecosystem by building safe, transparent, and scalable products that power adoption at scale
  • We believe that change starts together
  • It begins with bold ideas, relentless execution and people who want to build what s next
  • If you re driven by purpose and thrive in environments where your work defines the next chapter of an industry, you ll feel right at home here
  • About the Role:This isn t a typical VP Quant role
  • You will work on initiatives that genuinely transform how finance works in India, a type of work few roles offer
  • We are seeking an exceptional Director of Quantitative Trading to lead our market quality initiatives and trading strategies for our crypto exchange platform
  • This high-impact role combines quantitative research, algorithmic trading strategy development, and technical infrastructure optimization to ensure world-class order book quality and competitive positioning in the Indian crypto market
  • Taking tradeoffs of exchange design and design of its components wrt risk, reliability, UX, and costs
  • What Youll Do:Order Book Quality & Market Microstructure Own the overall market quality metrics across all trading pairs (spot, derivatives, and web3) Monitor and maintain optimal bid-ask spreads and order book depth across all pairs in real-time Develop quantitative models to predict and prevent liquidity gaps or market dislocations Design and implement automated alerts and intervention mechanisms for spread widening or depth deterioration Establish dynamic spread and depth targets based on pair volatility, volume, and market conditions Conduct post-trade analysis to identify patterns in liquidity provision and consumption Build simulation frameworks to test market quality under various stress scenarios Collaborate with market makers to optimize their quoting strategies and improve fill ratesQuantitative Strategy Development Design, backtest, and deploy algorithmic trading strategies across multiple venues: Spot Arbitrage: Cross-exchange price discrepancies and triangular arbitrage opportunities Futures Arbitrage: Cash-and-carry, basis trading, and inter-exchange futures arbitrage Web3 Arbitrage: DEX-CEX arbitrage, cross-chain opportunities, and DeFi yield optimization Develop statistical arbitrage and mean reversion strategies leveraging correlation patterns Build market-making algorithms to supplement external MM liquidity where needed Create hedging strategies to manage inventory risk and delta exposure Implement high-frequency trading strategies for sub-second execution opportunities Continuously optimize strategy parameters using machine learning and adaptive algorithms Monitor strategy P&L, Sharpe ratios, and risk metrics in real-time Develop risk management frameworks to control position limits and exposureInfrastructure & Low-Latency Systems Partner with Product and Engineering teams to design ultra-low-latency trading infrastructure Define technical requirements for market maker connectivity including: API performance standards (latency, throughput, reliability) WebSocket streaming architecture Order routing and matching engine specifications Lead the design of co-location and proximity hosting solutions for market makers Optimize tick-to-trade latency across the entire trading stack Conduct latency measurements and benchmarking against competitor exchanges Identify and eliminate bottlenecks in order processing, market data dissemination, and execution Design and review system architecture for data feeds, order management, and risk controls Establish monitoring and alerting systems for infrastructure performance
  • Work with tech teams to implement smart order routing and execution algorithmsResearch & Innovation Stay abreast of developments in quantitative finance, market microstructure, and crypto markets Research emerging trading opportunities in DeFi protocols, and new token listings Evaluate and integrate new data sources (on-chain data, sentiment analysis, order flow analytics) Prototype new trading strategies and conduct rapid experimentation Build proprietary quantitative models for price prediction, volatility forecasting, and risk assessmentYou ll Excel in This Role If You:Education: PhD, Masters, or Bachelors degree in Quantitative Finance, Mathematics, Statistics, Computer Science, Physics, or related field from a premier institution (IIT, IISc, BITS, or equivalent) Strong academic record with demonstrated excellence in quantitative subjects
  • Experience: 8-12 years of experience in quantitative trading, algorithmic trading, or market making At least 5 years of experience in markets with deep understanding of spot and derivatives trading Proven track record of developing, monitoring and deploying profitable trading strategies Experience building or working closely with low-latency trading systems Prior experience managing order book quality or working at an exchange preferredTechnical Skills: Programming:
  • Expert-level proficiency in Python, C++, or Rust; ability to write production-grade code Quantitative Methods: Advanced statistics, time series analysis, stochastic calculus, optimization theory Machine Learning: Experience with ML frameworks (TensorFlow, PyTorch) for predictive modeling Data Analysis: Strong command of pandas, numpy, scipy, and data visualization tools Trading Systems:
  • Hands-on experience with trading APIs, order management systems, and market data infrastructure Blockchain/Web3: Understanding of DeFi protocols, smart contracts, and on-chain analytics Databases: Proficiency with time-series databases (InfluxDB, TimescaleDB) and SQLDomain Expertise: Deep understanding of market microstructure, order book dynamics, and execution algorithms Expertise in arbitrage strategies across spot, futures, and DeFi markets Knowledge of latency optimization techniques and high-frequency trading architecture Familiarity with crypto or public markets exchange technology stack and matching engines Understanding of risk management principles and position sizing methodologies Awareness of Indian crypto regulations and compliance requirements
  • You ll Know You re Winning When: Analytical Rigor: Exceptional problem-solving skills and attention to detail Technical Excellence:
  • Ability to bridge quantitative research and engineering implementation Strategic Thinking: Can balance short-term tactical improvements with long-term strategic goals Collaboration: Excellent communication skills to work across quant, product, and engineering teams Adaptability: Thrives in fast-paced, dynamic crypto markets with rapidly changing conditions Ownership: Takes full accountability for market quality and strategy performanceHiring Process:Here s what your journey with us looks like: Application Review - We assess for skills, alignment, and intent Recruiter Connect -
  • A short conversation to understand you better Functional Round(s) - Deep dive into your approach, craft, and problem-solving Assignment / Simulation Round -A take-home task or live problem-solving exercise to understand how you think and execute in real scenarios Culture & Values Discussion - A conversation to understand our ways of working and how you thrive best Founder Conversation (Optional) - For certain roles and senior levels, you meet our founders to explore strategic alignment and long-term fitWhere We Work:We believe the best ideas emerge when people build together
  • Collaboration, speed and trust come alive when teams share the same space
  • With this belief, we operate as a work-from-office organisation
  • This role is based out of ourBangalore office, where energy, alignment and innovation move in real time
  • Perks That Empower You:We believe great people deserve great experiences
  • Design Your Own Benefits: Flexible perks to match your lifestyle Unlimited Wellness Leaves: Rest and recharge as you need Mental Wellness Support: Access to therapy and wellness resources Learning Sessions: Bi-weekly learning and growth opportunitiesReady to Build What s Next?If you re looking for a role that gives you direct access to high-stakes decisions, deep impact and a chance to build the future of finance, this is it
  • Join CoinDCX and help us make crypto accessible to every Indian, together

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Coindcx logo
Coindcx

Cryptocurrency

Mumbai

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