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Quant Developer
Quant Developer

Quant Developer at Matqcode · Bengaluru (Bangalore) · 2 - 4 years · ₹6.5L - ₹12L / yr · Bootstrapped · Posted 9 Jan 2025

Matqcode's logo

Quant Developer

Kanthi Vadali's profile picture
Posted by Kanthi Vadali
2 - 4 yrs
₹6.5L - ₹12L / yr
Bengaluru (Bangalore)
Skills
skill iconPython
skill iconC++
Algorithmic trading

Job Description:


We are seeking a skilled Quant Developer with strong programming expertise and an interest in financial markets. You will be responsible for designing, developing, and optimizing trading algorithms, analytics tools, and quantitative models. Prior experience with cryptocurrencies is a plus but not mandatory.


Key Responsibilities:


 • Develop and implement high-performance trading algorithms and strategies.

 • Collaborate with quantitative researchers to translate models into robust code.

 • Optimize trading system performance and latency.

 • Maintain and improve existing systems, ensuring reliability and scalability.

 • Work with market data, conduct analysis, and support trading operations.


Required Skills:


 • Strong proficiency in Python and/or C++.

 • Solid understanding of data structures, algorithms, and object-oriented programming.

 • Familiarity with financial markets or trading systems (experience in crypto is a bonus).

 • Experience with distributed systems, databases, and performance optimization.

 • Knowledge of numerical libraries (e.g., NumPy, pandas, Boost) and statistical analysis.


Preferred Qualifications:


 • Experience in developing low-latency systems.

 • Understanding of quantitative modeling and back testing frameworks.

 • Familiarity with trading protocols (FIX, WebSocket, REST APIs).

 • Interest or experience in cryptocurrencies and blockchain technologies.

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About Matqcode

Founded :
2022
Type :
Products & Services
Size :
0-20
Stage :
Bootstrapped

About

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 Location - Bangalore


 Employment Type -Full-time (Work from Office)


Experience Required - 3 to 7 years


Notice Period Preference - Open to all candidates, but shorter notice period candidates will be preferred.


About the Role


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The candidate should be capable of independently owning backend modules, collaborating with product and frontend teams, mentoring junior developers, and eventually growing into a team lead role.


Key Responsibilities


- Design, develop, and maintain backend APIs using Python and FastAPI.

- Build reliable, scalable, and maintainable backend services.

- Work extensively with PostgreSQL for database design, querying, optimization, and data integrity.

- Use Redis for caching, queues, session handling, or performance improvement where applicable.

- Write clean, modular, testable, and production-ready Python code.

- Develop REST APIs with proper request validation, error handling, authentication, and response structure.

- Understand business requirements and convert them into robust backend implementation.

- Debug production issues, identify root causes, and implement long-term fixes.

- Optimize database queries, backend logic, and API performance.

- Participate in code reviews and maintain engineering standards.

- Mentor junior developers and help improve their coding, debugging, and backend design skills.

- Work closely with frontend developers, QA, product/business teams, and management.

- Contribute to technical documentation, SOPs, and internal development practices.

- Build backend solutions for fintech workflows related to PMS, AIF, capital markets, reporting, order processing, and operational automation.


Required Technical Skills


Python Backend Development:-

- Strong hands-on experience with Core Python.

- Good understanding of Python data structures, functions, classes, modules, exception handling, and file handling.

- Ability to write clean, reusable, and maintainable backend code.

- Experience with practical backend service logic, data transformation, and debugging.


FastAPI / API Development:-

- Hands-on experience with FastAPI or similar Python web frameworks.

- Strong understanding of REST API design.

- Experience with request/response validation, status codes, error handling, middleware, and dependency injection.

- Basic understanding of authentication and authorization in APIs.

- Ability to design APIs that are practical, secure, and maintainable.


Database Skills:-

- Strong working knowledge of PostgreSQL.

- Ability to write SQL queries involving joins, aggregations, filters, subqueries, and transactions.

- Understanding of indexing, query performance, constraints, and relational database design.

- Ability to troubleshoot data issues and optimize database-heavy backend workflows.


 Redis / Caching:-

- Working knowledge of Redis.

- Understanding of caching use cases, TTL, key-value storage, and performance improvement patterns.

- Experience using Redis in backend applications will be preferred.


 Backend Engineering Fundamentals:-

- Understanding of application architecture, modular code structure, logging, configuration management, and environment variables.

- Good debugging and problem-solving ability.

- Understanding of production issues, edge cases, and maintainability.

- Basic understanding of background jobs, queues, async processing, or scheduled tasks will be preferred.


Version Control & Development Practices

- Experience with Git.

- Ability to work with branches, pull requests, code reviews, and structured development workflows.

- Familiarity with testing, basic unit tests, and API testing tools such as Postman.


Preferred Skills

- Experience in fintech, capital markets, PMS, AIF, wealth management, portfolio reporting, or order management systems.

- Exposure to Angular or frontend development.

- Experience with background task processing, Celery, Redis queues, or scheduled jobs.

- Experience with Docker or Linux-based deployment environments.

- Experience working on enterprise SaaS or client-facing business applications.

- Understanding of financial data workflows, reconciliations, transactions, holdings, reporting, or order lifecycle.


Domain Exposure Preferred


Candidates with experience or interest in the following areas will be preferred:

- Indian capital markets

- Portfolio Management Services — PMS

- Alternative Investment Funds — AIF

- Wealth management platforms

- Order management systems

- Financial reporting systems

- Investor/client reporting workflows

- Transaction, holding, and reconciliation workflows


Expected Candidate Profile


The ideal candidate should be:

- A strong backend developer with practical problem-solving ability.

- Comfortable working independently on backend modules.

- Able to understand business workflows and translate them into technical implementation.

- Detail-oriented, especially when working with financial data.

- Comfortable debugging production issues and improving system reliability.

- Capable of mentoring junior developers.

- Interested in growing into a future technical/team lead role.

- Comfortable working from an office in Bangalore.


Assessment Process

The hiring process will include:

1. Initial screening based on resume, experience, notice period, and compensation fit.

2. Google Form technical assessment of 50 marks.

3. Live coding / technical discussion round.

4. Final face-to-face discussion covering technical depth, domain fit, ownership, and team fit.


What We Are Evaluating

- Python fundamentals and coding clarity

- Backend API design ability

- SQL and PostgreSQL practical knowledge

- Debugging and problem-solving approach

- Understanding of Redis and caching basics

- Ability to think through edge cases

- Code maintainability and readability

- Production-readiness mindset

- Ability to work in fintech/capital markets workflows

- Potential to mentor juniors and grow into a lead role


 Summary


This role is suitable for a backend-focused Python developer who has strong hands-on coding ability, practical database knowledge, and the maturity to independently own backend modules. The candidate should be comfortable working in a fintech product environment where accuracy, reliability, and clean backend design are critical.

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Small team, high trust, written decisions. Designs get adversarial review before code; PRs get automated review driven to zero open findings; features aren't done until verified on a live system. AI agents do a large share of the implementation, your leverage is judgment: framing the problem, freezing the right design, and knowing when the machine is wrong.

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  • Ability to develop and deploy production-ready AI applications.
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Shubham Vishwakarma

Full Stack Developer - Averlon
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