Trader

IMC•New York, NY

2d•Hybrid

About The Position

IMC Americas, Inc. has multiple openings for Trader (REQ#4461664101) in Chicago, IL and Brooklyn, NY. This role involves developing, maintaining, and enhancing mathematical models, strategies, and trading system components for quantitative proprietary trading in collaboration with developers. The position requires independently designing and implementing changes to trading models, strategies, and systems from end-to-end, including conceiving, testing, and implementing changes. A key responsibility is analyzing, interpreting, and modeling financial, economic, and industry data to optimize trading and maximize revenue generation using existing internal tools. The role also includes creating custom analysis tools for research, preparing and presenting financial analysis and reports, and performing daily operational tasks on the trading desk. Additionally, the Trader will supervise and mentor graduate traders and interns, train graduate traders through the firm's traineeship, contribute to planning and prioritization decisions of future projects, and monitor and manage the firm's risk exposure. Partial telecommuting is permitted.

Requirements

Bachelor's degree, or foreign equivalent, in Mathematics, Econometrics, Computer Science, Financial Engineering, Physics, or similarly quantitative and mathematical field.
One (1) year of experience in the job offered or a related position.
Experience developing, maintaining, and enhancing mathematical models, strategies, and trading system components for quantitative proprietary trading in collaboration with developers.
Experience operating trading strategies through a range of market circumstances, having a thorough understanding of risk at any point in time.
Experience rolling out and verifying new features on trading strategies.
Experience managing a trading firm's risk exposure.
Experience using Python and python coding libraries, including Pandas, NumPy, and SciPy to assist in quantitative analysis.
Experience trading products and navigating compliance regulations in trading markets.
FINRA Certifications: (1) SIE and (2) Series 57.

Responsibilities

Develop, maintain, and enhance mathematical models, strategies, and trading system components for quantitative proprietary trading in collaboration with developers (10%).
Independently design and implement changes to trading models, strategies, and systems from end-to-end, including conceiving of proposed changes, creating a testing plan, and performing tests, and implementing changes (15%).
Analyze, interpret, and model financial, economic, and industry data to optimize trading and maximize revenue generation using existing internal tools (15%).
Create custom analysis tools for use at the firm to perform research beyond available analysis tools (5%).
Prepare and present high-quality financial analysis and reports following IMC global guidelines (15%).
Perform daily operational tasks on the trading desk, ensuring systems are running correctly and escalating as needed to designated contacts (15%).
Supervise and mentor graduate traders and interns (10%).
Train graduate traders through the firm's traineeship (5%).
Contributing to planning and prioritization decisions of future projects on their trading desk (5%).
Monitoring and managing a trading firm's risk exposure (5%).