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PayU India

Quantitative Analyst

Job · Full-timeIn OfficeVadodara, Gujarat0–2 years58K/mo1 openingImmediate / as per notice period
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About this role

Start your career in quantitative analysis at PayU India as a Quantitative Analyst in Vadodara. This is a full-time position with a structured first ninety days, a named mentor, and genuine responsibility once you are through it. About the role The Quantitative Analyst role at PayU India centres…

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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 Vadodara, Gujarat or willing to relocate

Perks & benefits

Structured onboarding with a named mentor for the first 90 daysHealth insurance cover for you (and family cover on confirmation)Learning and certification budgetPaid leave, casual leave and public holidaysFlexible 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 surprise

Interview & selection process

4 rounds — typical selection flow for this role:

  1. 1Resume screening and profile shortlisting by the talent acquisition team
  2. 2Application screening (CV and, where relevant, a portfolio or code sample)
  3. 3Short introductory call with the recruiter about your background and interest
  4. 4HR discussion — compensation, notice period, joining date and offer roll-out

About PayU India

PayU India operates in the fintech & payments sector and runs an active team in Vadodara. 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 does PayU…
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