# Quantitative Associate - Company: [Merqube]() - Location: Bangalore, India - Team: Financial Engineering - Posted: May 6, 2026 ## Job description MerQube is an innovative fintech firm, leading the development of cutting-edge technology for indexing and rules-based investing. MerQube offers design and calculation solutions for complex rules-based strategies. Launched in 2019 in New York and San Francisco by a team of index industry veterans and technology experts, MerQube was created to provide a technology focused alternative. MerQube designs and calculates a wide variety of indices, ranging from thematic to ESG, QIS and delta one, while covering multi-asset, equities, futures as well as options. Leveraging cloud-based architecture and today's most advanced index-tracking technology, MerQube's platform enables its clients to bring ideas to market quickly and efficiently. **Position Overview:** We are looking for a motivated and technically strong **Quantitative Associate** to join our growing team in Bangalore. In this role, you will contribute to the modeling, backtesting, and launch of index strategies, with a particular focus on options and systematic investing. You will work closely with the Financial Engineering team, platform engineering teams, and internal stakeholders to build scalable, reliable, and data-driven financial solutions. **Key Responsibilities:** * Develop, model, and backtest new index strategies using Python. * Work with financial data sets to clean, analyze, validate, and prepare data for research and production use. * Create and maintain MerQube-branded financial engines and index strategies. * Support daily and historical index calculations, including testing, validation, and automation. * Work on options-based strategies, including pricing, Greeks, payoff structures, volatility, and portfolio-level applications. * Collaborate with Financial Engineering and Platform Engineering teams to improve calculation workflows and data processes. * Automate recurring tasks related to index research, backtesting, and production calculations. * Review output data, identify issues, and troubleshoot calculation or data-quality problems. * Prepare documentation, analysis summaries, and client/internal support materials when required. * Apply software engineering best practices while building financial models, analytics tools, and scalable calculation workflows. **Qualifications:** * Bachelor’s or Master’s degree in Computer Science, Engineering, Finance, Mathematics, Economics, Statistics, Data Science, or a related quantitative field. * Minimum 4–6 years of relevant experience in quantitative finance, index research, financial engineering, or software development * Strong programming skills in Python, especially for financial modeling and backtesting. * Good understanding of financial markets, equity markets, derivatives, index products, and systematic investing. * Strong understanding of options, including option pricing, Greeks, volatility, payoff structures, and portfolio applications. * Experience working with large data sets and Python libraries such as Pandas, NumPy, or similar tools. * Exposure to financial data platforms such as Bloomberg, Reuters, FactSet, Morningstar, Axioma, or Barra will be an advantage. * Strong analytical mindset with excellent attention to detail and data accuracy. * Ability to work with cross-functional teams and communicate clearly with both technical and non-technical stakeholders. * Strong interest in the intersection of software, financial markets, and quantitative research. * Good to Have + Experience with backtesting investment strategies or index methodologies. + Exposure to systematic investing, factor models, volatility strategies, or derivatives-based indices. + Understanding of cloud-based systems, databases, APIs, or distributed computing concepts. + Prior experience in fintech, index providers, or quantitative development/research teams. + Familiarity with SQL, Git, or basic software development workflows. **Our Commitment:** At MerQube, we foster a collaborative, fast-moving environment where team members can grow and expand their technical, financial, and leadership skills. We prioritize wellness, work-life balance, and offer flexible working arrangements. We celebrate diversity and welcome team members from all backgrounds, encouraging continuous learning and career growth while playing a key role in transforming the financial industry. **Benefits:** * **Pay that matches your ambition**: competitive compensation packages that grow with you * **Benefits that actually have your back**: top-tier medical, dental, vision, and more * **Work where you work best**: flexible arrangements, including hybrid options * **A team that feels like home**: we're building a community-first culture * **Your wellbeing, prioritized**: real investment in health, wellness, and work-life balance * **Room to grow, fast**: hands-on opportunities to learn, level up, and shape your career * **Lunch is on us:** enjoy paid office lunches, because great ideas flow better on a full stomach * **Time to recharge**: generous PTO, holidays, and sick time, because rest fuels great work ## Apply [Apply on Merqube]() Canonical job page: