Who This Role Is For

We are looking for researchers not traders.

People who

- Read papers for curiosity

- Break problems into components before solving them

- Think from first principles

- Care about methodology more than excitement

- Prefer structured thinking over shortcuts

- Want to build something that compounds over years

If you enjoy asking

- “Why does this work?”

- “Under what regime does this fail?”

- “Is this statistically significant or noise?”

- “What is the structural edge here?”

Then this role is for you.

What You Will Do

- Design and backtest systematic trading strategies across equities and derivatives

- Break large research problems into structured, testable sub-problems

- Build hypothesis-driven research pipelines

- Validate ideas using rigorous statistical testing

- Stress-test strategies across regimes, volatility environments, and liquidity conditions

- Think in terms of portfolio construction, not isolated trades

- Continuously refine methodology to improve robustness

- Collaborate with quant developers to transition research into production

Your work will directly impact live capital.

What We Value

1. ‎First-Principles Thinking

You don’t rely on indicators because “they work.”

You ask

- What inefficiency am I exploiting?

- Is it behavioral, structural, or microstructural?

- Why should this persist?

2.

Methodology Over

Excitement

You

- Write down assumptions

- Define variables clearly

- Control for overfitting

- Document experiments





- Run parameter sensitivity tests

- Test robustness before celebrating results

3.

Process

Orientation

You can

- Break a vague idea into a step-by-step research framework

- Structure experiments

- Iterate systematically

- Maintain reproducible workflows

4. Long-Term Thinking

You care about

- Robustness over curve-fit returns

- Consistency over temporary spikes

- Systems that scale

- Compounding intellectual capital

5. ‎Technical Strength

Strong Python (pandas, numpy, vectorization, data manipulation)

- Comfortable building backtests from scratch

- Ability to handle large datasets

- Familiarity with statistics and probability

- SQL is a plus

You should be able to:

- Write clean, modular research code

- Avoid lookahead bias

- Simulate slippage and realistic execution

- Generate structured performance reports

The Intangible

We are looking for someone with:

- Fire in the belly

- Intellectual honesty

- Curiosity beyond working hours
- The hunger to build something meaningful
- The ambition to push forward with original ideas

This Role Is Not For

- Discretionary traders

- Indicator-based retail strategy builders

- People looking for a comfortable 9–5

- Those who cannot code their own research

What You’ll Get

- Direct exposure to live systematic capital

- Freedom to research deeply
- A high-performance environment
- The prospect to grow into senior research or portfolio roles
- The ability to shape the firm’s long-term intellectual edge

📌 Quant Research Analyst (Mumbai)
🏢 Qode Advisors
📍 Mumbai