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PayNearby

Quantitative Analyst

Job · Full-timeHybridLucknow, Uttar Pradesh0–2 years52K/mo5 openingsImmediate / as per notice period

Apply Now Apply on Company Website ↗

About this role

PayNearby is recruiting a Quantitative Analyst for its Lucknow team. The role suits someone early in their career who wants depth in quantitative analysis rather than a rotation through everything at once. About the role The Quantitative Analyst role at PayNearby centres on building and testing…

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Skills you'll use

PythonStatisticsSQLFinancial Markets BasicsTime Series AnalysisBacktestingExcelProbabilityModel ValidationReport Writing

What you'll do

Build and backtest quantitative models on historical data
Validate assumptions and document model limitations
Automate data pulls and model runs
Present results with confidence intervals, not point claims
Support risk and compliance reviews of models
Flag risks and blockers early rather than at the deadline
Keep your tracker and status honest, including when something has slipped

Who can apply

B.E./B.Tech, BCA/MCA, B.Sc/M.Sc (Statistics / Mathematics) or MBA (Analytics) from a recognised university
0–2 years of relevant experience — internships, academic projects and personal work all count, and 2026 graduates are welcome
Working knowledge of Python, Statistics, SQL
Comfort with Python, SQL and market data systems, and the ability to pick up an unfamiliar tool without waiting to be taught it
The judgement to know when a problem is yours to solve and when it needs escalating — and to escalate with the relevant detail attached.
Attention to detail, ownership and the discipline to document your work
Based in Lucknow, Uttar Pradesh or willing to relocate

Perks & benefits

Flexible working hours around core collaboration timeModern hardware and the tool licences your role needsInternal knowledge sessions and access to senior reviewersClear, written progression criteria rather than an annual surpriseEmployee referral and performance bonus schemesTeam offsites and regular in-person timeSupport for internal mobility across teamsFixed monthly salary, paid on time

Interview & selection process

5 rounds — typical selection flow for this role:

1Resume screening and profile shortlisting by the talent acquisition team
2Application screening (CV and, where relevant, a portfolio or code sample)
3Short introductory call with the recruiter about your background and interest
4Technical or practical round based on the day-to-day work of the role
5HR discussion — compensation, notice period, joining date and offer roll-out

About PayNearby

PayNearby operates in the branchless banking sector and runs an active team in Lucknow. It is a working employer with real customers and real deadlines — the role advertised here exists because there is work that needs doing, not to fill a headcount plan. Industry and what the company…

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