URGENT Job Requirement for Edelweiss Financial Services Limited and Invitation for the Campus Recrui

Requirement for Edelweiss Financial Services Limited and Invitation for the Campus Recruitment Programme 2021-2022

About Edelweiss

Edelweiss is one of India’s leading diversified financial services Group. Edelweiss offers a large range of products and services spanning across asset classes and consumer segments. Its businesses are broadly divided into Credit including Retail Finance and Debt Capital Markets, Commodities, Financial Markets, Asset Management and Life Insurance.

The group’s research driven approach and proven history of innovation has enabled it to foster strong relationships across corporate, institutional and individual clients.

The firm's culture promotes entrepreneurship, encouraging employees to display high levels of initiative, hunger for learning, be self driven and urge to take on additional responsibility. We recognize and nurture talent, which also reflects in the way learning is embedded in our DNA and has been a constant feature of the Edelweiss culture.

Working with Edelweiss means constantly challenging your own capabilities to reach new heights. Edelweiss considers itself as a “young” organization and defines young as hungry for growth and driving that hunger through innovation and creativity- our core values. 

 

About SBU

Global Markets SBU represents the Treasury business of Edelweiss. The SBU manages the firm's excess capital, striving to deliver superior risk adjusted returns. Global Markets SBU has been an integral part of the Edelweiss growth story and has been at the forefront of innovation ever since derivatives were launched in India in 2001 and till date thrives on being the market leaders in several of its market segments. We follow a multi-strategy approach across these asset classes, ranging across the spectrum of risk return to the likes of arbitrage, options trading, systematic trading, high frequency trading and trading corporate actions. Dynamic risk and capital allocation across these strategies is the cornerstone of superior risk returns.

 

About Quant Trading Group

Quant trading team is one of India’s largest quant desks with a highly skilled team of quantitative researchers, seasoned Portfolio managers and developers. We thrive on analytics and innovation and follow a collaborative research process. We are one of the biggest quant trading groups in India with revenue stream diversified across various strategies and asset classes. Currently we are primarily running quant strategies in India, and looking to expand our expertise and scale our business to global markets

About the role

As a Quantitative Researcher, you'll draw upon your computer science, mathematical, and analytical abilities to develop strategies to grow our quant trading business in the global financial markets space. The candidate will be involved in all stages from generating fresh research ideas to final implementation in a trading book and live monitoring of performance and risk management. The candidate will be working with a team of highly skilled researchers and portfolio managers, making this a great platform for future growth and a great learning experience.

 

Responsibilities

  1. Design, back-test and implement alpha generating models across multiple markets and asset classes
  2. Exploring trading ideas by analyzing market data
  3. Be innovative and come out with new radical approaches towards extracting  alpha systematically
  4. Deeply involved in the complete life cycle of strategy development process ranging from idea generation to live deployment
  5. Assist portfolio managers in various strategy improvements or portfolio allocation projects
  6. Continuously track performance of strategies and strive towards improving the same
  7. Take keen interest in understanding market dynamics and micro structure

 

Eligibility Criteria

  • 0-2 years experience of trading / developing strategies in domestic/International markets in Front office (preferably hedge fund or investment bank background)
  • In depth understanding and working knowledge of various quantitative and statistical techniques
  • Strong academic background from top tier institution (Masters Degree preferable) with specialization in either quant finance, mathematics, computer science or statistics
  • Hands on experience of programming in R/Python
  • Keen interest in understanding of market dynamics of various asset classes and how they change over time
  • Team player and should have the ability to come out with solutions of critical work quickly
  • Curiosity and a passion for developing new patterns and alphas