Quantitative Researcher
Research · Mumbai
Design, test and productionise predictive models for systematic strategies. You'll own ideas end-to-end - from hypothesis to live monitoring - and defend them in open research reviews.
// careers
We hire people who love the game more than the title - mathematicians, engineers and competitors who want their ideas tested against reality every single day. Small desk, real ownership, no politics.
// open roles
Every role sits on one open desk in Lower Parel, Mumbai - research, technology and trading side by side.
Research · Mumbai
Design, test and productionise predictive models for systematic strategies. You'll own ideas end-to-end - from hypothesis to live monitoring - and defend them in open research reviews.
Technology · Mumbai
Build the systems the desk runs on: market data pipelines, backtesting engines, execution and risk infrastructure. Performance matters, but correctness matters more.
Trading · Mumbai
Run live systematic strategies, make risk decisions in real time, and feed what the market teaches you back into research. Calm under pressure, ruthless with expected value.
Technology · Mumbai
Own the data layer that everything else depends on - ingestion, validation, versioning and point-in-time correctness across market and alternative datasets.
Research / Technology · Mumbai
Ten weeks embedded with the desk, working on a real research or infrastructure problem with a dedicated mentor. Strong interns receive full-time offers.
Research / Technology · Mumbai
Build and productionise the machine-learning stack behind our signals - training pipelines, feature stores, LLM tooling and model monitoring. Research-grade ideas, engineering-grade reliability.
Don't see your role? Convince us we need it - write to hr@iwmquant.com with your CV and the puzzle you're proudest of solving.
// the highlight
This is the loudest part of our culture - and the sharpest part of our hiring. Games force honest decisions under uncertainty, with scoreboards you can't argue with. We play constantly, and we hire people who light up at a good puzzle.
Expected value, bet sizing, reading incomplete information. The desk ledger tracks lifetime EV, not lifetime luck.
A standing office ladder with monthly playoffs. Positional patience is a trading skill wearing a different uniform.
Quote a two-sided market on anything - dice sums, jellybeans, cricket scores - while the desk trades against you. Our favourite interview game, and Friday's favourite pastime.
How many tennis balls fit in this office? Estimate, defend, refine. Fast, structured guessing is half of good research.
A rolling queue of probability riddles and brainteasers with a public leaderboard. New puzzle every Monday, solutions argued over lunch.
An annual all-day puzzle hunt across Lower Parel, plus two internal hackathons a year. Some production tooling started as a weekend hack.
♟ Bring your favourite game to an interview. Genuinely - we'll play.
Q1. You flip a fair coin until it lands heads. On average, how many flips does it take?
pick an answer - no timer, but the desk is watching▌
Two dice are rolled, hidden. Quote a bid and an ask on their sum - the desk trades against you. This is the game we play in interviews.
dice sleeping - send a quote to throw them
> awaiting your first quote… (hint: the fair value of two dice is 7)
// life at iwm quant
The desk runs on curiosity, coffee and competition - here's what that looks like day to day.
Poker nights, chess ladder, strategy-game tournaments and an actual games room - because decision training should be fun.
Books, courses and conferences funded, plus internal seminars where anyone can teach anything.
Work across asset classes and geographies from day one - small firm, wide canvas.
One open desk. The best argument wins, regardless of whose it is.
Research clusters, quality data and fast iteration loops. We don't make smart people wait on slow machines.
Comprehensive insurance, a stocked kitchen, and proper coffee within arm's reach of every desk.
// how we hire
The whole process usually takes two to three weeks - and we tell you where you stand at every step.
A CV and a few short answers. No cover-letter theatre - we read for evidence of curiosity and rigour.
Probability puzzles, market games and brainteasers - done live, so we can see how you think, not just what you memorised.
Deep dives with the people you'd actually work with: statistics and modelling for research, systems and code for engineering.
Spend time with the team, ask us anything, then decide. We move fast when we're excited - and we tell you either way.