Position: Quantitative Researcher – Commodities, MFT (Neo Markets)

Summary:
As a Quantitative Researcher on our Medium-Frequency Trading (MFT) desk, you will be responsible for researching, developing and deploying systematic trading strategies in commodity futures and options, with a primary focus on MCX. The ideal candidate combines robust statistical and Python skills with a solid understanding of commodity market dynamics and will work closely with traders and developers to take ideas from research to live trading.

Job Responsibilities:

The position holder shall be responsible for:
• Research, develop and implement systematic mid-frequency trading strategies in commodity futures and options, with a primary focus on MCX energy, base metals and bullion contracts
• Conduct alpha signal research using statistical techniques, time-series analysis and machine learning across intraday to multi-day horizons
• Model commodity-specific drivers such as term structure, calendar and inter-commodity spreads, rollover dynamics, seasonality, inventory and macro data releases




• Analyse the relationship between MCX contracts and international benchmarks (CME/NYMEX, COMEX, LME), including the impact of USD-INR movements, to identify trading opportunities
• Build predictive models for price movement, volatility and liquidity, and develop volatility and pricing models for commodity options
• Work with large-scale structured and unstructured datasets (tick, bar and order book data, along with fundamental and alternative data), ensuring data quality and integrity
• Design robust backtesting frameworks in Python with realistic assumptions for transaction costs, slippage, liquidity, contract rollovers and exchange-specific constraints such as trading hours, daily price ranges and margins
• Evaluate strategy performance using metrics such as Sharpe ratio, Calmar ratio, drawdown, hit rate, turnover and PnL attribution, and conduct parameter optimization, robustness checks and stress te

📌 Quant Researcher Commodities MFT (Mumbai)
🏢 Neo Wealth and Asset Management
📍 Mumbai