Quantitative Researcher

IMC•Chicago, IL

1d•Hybrid

About The Position

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.

Requirements

Masters degree, or foreign equivalent, in finance, financial mathematics, financial engineering, computational mathematics or similarly quantitative and mathematical field
Six (6) months of experience in the job offered or a quantitative and mathematical role or a related position.
Demonstrated experience in Application of analytical and quantitative techniques to solve complex problems
Demonstrated experience in Design and implementation of mathematical models and algorithms
Demonstrated experience in Development and use of computational data analysis tools for research
Demonstrated experience in Statistical programming techniques and best practices
Demonstrated experience in Financial theory, financial mathematics, or financial engineering.
Skills can be gained concurrently or as part of education curriculum, co-op, or internship.

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.