Data Analytics - Internship

About the internship:Selected intern's day-to-day responsibilities include:

1. Develop Python-based backtesting frameworks for Indian index and options strategies

2. Convert trading ideas and discretionary strategies into systematic, rule-based models

3. Work with historical index options data, including IV, Greeks, and expiry

4. Analyze strategy performance using metrics such as P&L, drawdown, Sharpe, win rate, risk-adjusted returns, and tail losses

5. Develop automated strategy execution using the XTS API

6. Integrate market-data feeds, order management, and execution logic with the trading system

7. Build monitoring and risk-management components for live strategies

8. Document research findings, assumptions, and backtest resultsWho can apply:Only those candidates can apply who:are available for full time (in-office) internshipcan start the internship between 1st Jan'27 and 31st Jan'27are available for duration of 6 monthsare from Mumbai onlyhave relevant skills and interestsStipend:INR₹ 27,000 - 34,000 /monthDeadline:[hidden]:59:59Other perks:Certificate, Letter of recommendation, 5 days a weekSkills required:Python, MS-Excel and Google SheetsOther Requirements:1. A strong coder who enjoys solving analytical problems2. Curious about how financial markets work3. Comfortable working with large datasets4. Able to independently research and troubleshoot problems5. Detail-oriented, particularly around trading logic and edge cases6. Skills in Python, MS-Excel, and Google SheetsAbout Company:Marwadi Shares and Finance Ltd. (MSFL) is one of India's leading financial services institutions, trusted since 1992. With over 410,000 active customers, MSFL has evolved into a diversified platform encompassing broking, research, depository services, distribution, and proprietary trading. The company actively trades across major asset classes, including equities, commodities, and currency, while maintaining a strong presence in multiple global markets.Additional information:

Stipend Structure:

Fixed pay: ₹ 25,000 - 30,000 /month

Incentive pay: ₹ 2,000 - 4,000 /month

Responsibilities

Selected intern's day-to-day responsibilities include:

1. Develop Python-based backtesting frameworks for Indian index and options strategies

2. Convert trading ideas and discretionary strategies into systematic, rule-based models

3. Work with historical index options data, including IV, Greeks, and expiry

4. Analyze strategy performance using metrics such as P&L, drawdown, Sharpe, win rate, risk-adjusted returns, and tail losses

5. Develop automated strategy execution using the XTS API

6. Integrate market-data feeds, order management, and execution logic with the trading system

7. Build monitoring and risk-management components for live strategies

8. Document research findings, assumptions, and backtest results