Log In
Sign Up
Software Development
VP Quant Full Time
ID: 1470 | 8-12 yrs | Bangalore | careers
The CoinDCX Journey: Building the Future of Finance
At 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 VP 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 You’ll 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 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’ll Excel in This Role If You:
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 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 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 performance
Hiring 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 may meet our founders to explore strategic alignment and long-term fit
Where 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 our Bangalore 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 opportunities
Ready 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.
