SonicJobs Logo
Left arrow iconBack to search

Quantitative Researcher

IMC
Posted 12 days ago, valid for 25 days
Location

Chicago, IL 60678, US

Salary

$175,000 - $275,000 per year

Contract type

Full Time

By applying, a IMC account will be created for you. IMC's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • IMC is seeking candidates for a quantitative trading role that requires a Master's degree in a quantitative field and six months of relevant experience.
  • The position involves collaborating with traders to enhance proprietary trading models and designing quantitative methods for market data analysis.
  • Candidates will translate trading strategies into mathematical models and algorithms, as well as build custom data analysis tools for research purposes.
  • The base salary for this role ranges from $175,000 to $275,000 USD, with additional discretionary bonuses and benefits available.
  • Partial telecommuting is permitted, and multiple positions are available as part of IMC’s commitment to innovation and collaboration in the financial markets.

Your Core Responsibilities

  • Collaborate with Traders to evaluate and enhance the performance of IMC’s existing proprietary trading models using advanced mathematical and analytical methods.
  • Design quantitative methods to gather and analyze historical market data, trading statistics or new data sources and use the result of that research as the basis for new trading strategies.
  • Translate trading strategies into mathematical models, algorithms, and other complex computational programs to realize the combined vision of the trading team.
  • Build custom computational data analysis tools to explore new quantitative research ideas; design mathematical models to test, visualize and refine trading ideas before implementation.
  • Apply rigorous analytical and quantitative techniques to solve complex problems presented by new and existing proprietary trading strategies.
  • Coordinate with developers to implement new and improved quantitative trading models and launch them into production on IMC’s proprietary trading platform.
  • Conduct all quantitative trading research, development, and implementations according to internal best practices to keep IMC’s trading ecosystem logical and consistent.

Partial telecommuting permitted. Multiple positions available. Requisition Number: 4453348101

Your Skills and Experience

This position requires a Masters degree, or foreign equivalent, in finance, financial mathematics, financial engineering, computational mathematics or similarly quantitative and mathematical field and six (6) months of experience in the job offered or a quantitative and mathematical role or a related position.

Must have demonstrated experience in each of the following skill(s): 

  • Application of analytical and quantitative techniques to solve complex problems
  • Design and implementation of mathematical models and algorithms;
  • Development and use of computational data analysis tools for research
  • Statistical programming techniques and best practices;
  • Financial theory, financial mathematics, or financial engineering.

Skills can be gained concurrently or as part of education curriculum, co-op, or internship.

#LI-DNI

The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

Salary Range
$175,000—$275,000 USD

About Us

IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we’ve been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.

 




Learn more about this Employer on their Career Site

Apply now in a few quick clicks

By applying, a IMC account will be created for you. IMC's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.