Director - Quant

Inside CoinDCX’s Growth & Marketing Team :

Our Growth & Marketing team is the engine behind CoinDCX’s user acquisition and market expansion strategies. We experiment, analyze, and optimize to drive exponential growth and engagement. If you’re data-driven, creative, and passionate about scaling businesses, join us in taking CoinDCX to new heights in the blockchain industry.

You will be mining through these tasks :

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 rates

Quantitative 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 exposure

Infrastructure & 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 algorithms

Research & 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 assessment

You need to be a HODLer of these :

Education

PhD, Master's, or Bachelor's 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 3-5 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 preferred

Technical 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 SQL

Domain 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 exchange technology stack and matching engines

Understanding of risk management principles and position sizing methodologies

Awareness of Indian crypto regulations and compliance requirements

Preferred Qualifications

Prior experience at a top-tier quantitative trading firm, hedge fund, or crypto exchange

Published research in quantitative finance or related fields

Experience leading quantitative research or trading teams

Track record of P&L generation through proprietary trading strategies

Contributions to open-source projects in algorithmic trading or market analysis

Strong understanding of traditional financial markets (equities, FX, commodities)

Experience with options pricing and derivatives modeling

Key Competencies

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 performance

What We Offer

Opportunity to build and lead quantitative trading capabilities for a growing exchange

Access to cutting-edge trading infrastructure and real-time market data

Autonomy to design and implement proprietary trading strategies

Collaborative environment with top-tier engineering and product teams

Competitive compensation with performance-based incentives tied to strategy P&L

Professional development and conference attendance opportunities

Reporting Structure

This role works closely with Engineering, Product, Risk, and Business Development teams. May have the opportunity to build and lead a quantitative research team.

Are you the one? Our missing block :

You are knowledge-hungry when it comes to VDA and Web3, always eager to dive deeper and stay ahead in this evolving space.

The world of Web3 and VDA excites you, fueling your curiosity and driving you to explore new opportunities within this dynamic landscape.

You act like an owner, constantly striving for excellence, impact, and tangible results in everything you do.

You embrace a ‘We over Me’ mindset, growing individually while fostering the growth of those around you.

Change is your catalyst, igniting your passion to build and innovate.

You think outside the box, unbound by limitations or doubt, always pushing the boundaries of what’s possible.

Perks That Empower You :

Our benefits are designed to make a lasting impact on your life, giving you the freedom to create a work-life balance that truly suits you.

Design Your Own Benefit :

Tailor your perk package to fit your unique needs. Whether you’re eyeing a new gadget or welcoming a furry friend into your life, our flexible benefits ensure that you can prioritize what matters most to you.

Unlimited Wellness Leaves :

We believe in the power of well-being. Take the time you need to recharge, knowing that your health is our priority. With unlimited wellness leaves, you can return refreshed, ready to build and grow.

Mental Wellness Support :

Your mental health is as important as your professional growth. Benefit from access to health experts, free counseling sessions, monthly wellness workshops, and regular team outings, all designed to help you stay balanced and connected.

Bi-Weekly Learning Sessions :

These sessions are more than just updates—they’re opportunities to fuel your growth. Stay ahead with the latest industry knowledge, sharpen your skills, and accelerate your career in an ever-evolving landscape.