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State Street

Quantitative Analyst

Job · Full-timeIn OfficeLudhiana, Punjab0–2 years58K/mo1 openingImmediate / as per notice period

About this role

State Street is hiring a Quantitative Analyst in Ludhiana. This is a full-time, permanent role with real ownership from the first quarter — you will be given work that ships, reviewed by people who know the craft, and the context to understand why it matters. About the role The Quantitative…

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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 Ludhiana, Punjab 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:

  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. 4Technical or practical round based on the day-to-day work of the role
  5. 5HR discussion — compensation, notice period, joining date and offer roll-out

About State Street

State Street operates in the asset & wealth management sector and runs an active team in Ludhiana. 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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