Quantitative Researcher

Trading Interview; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

IMC is seeking an experienced Quantitative Researcher to develop trading signals and predictive models for our Options business in Mumbai. You will focus on robust signals and models to understand and predict options market behaviour, informing trading strategies with measurable impact.

You will collaborate with traders and engineers to translate research into production, explore new approaches, and advance methodologies in a fast-paced, data-driven environment.

Qualifications

• 3+ years of experience in quantitative research in NSE/BSE, ideally within derivatives or options.
• Strong foundation in probability, statistics and quantitative modelling.
• Experience working with large datasets and time-series data.
• Proficient programming in Python or similar language.

Responsibilities

• Develop and test alpha signals and predictive models for Indian options markets.
• Perform large-scale data analysis to uncover patterns and trading opportunities.
• Apply rigorous statistical methods to ensure robustness and reliability of results.
• Build understanding of market behaviour, pricing dynamics, and inefficiencies.
• Collaborate with traders and engineers to translate research into production strategies.
• Continuously improve models and identify new areas of research.

Skills

Python

Time-series analysis

Statistics

Quantitative modelling

Data analysis

Tools

Pandas/Numpy

SQL

Job description

IMC is looking for an experienced Quantitative Researcher to develop trading signals and predictive models for our Options business. If you enjoy solving complex problems, working with large datasets, and building models that drive trading performance, this role could be a great fit.

You will focus on researching and developing statistically robust signals and models to better understand and predict options market behaviour. Your work will directly inform trading strategies and have a measurable impact on performance. You will also help shape the research direction by exploring new approaches and improving existing methodologies.

IMC has strong advantages across market access, technology, and execution, and you will work in a collaborative environment alongside traders and engineers to translate research into production.

Your Core Responsibilities

• Develop and test alpha signals and predictive models for Indian options markets
• Perform large-scale data analysis to uncover patterns and trading opportunities
• Apply rigorous statistical methods to ensure robustness and reliability of results
• Build a deep understanding of market behaviour, pricing dynamics, and structural inefficiencies
• Collaborate with traders and engineers to translate research into production strategies
• Continuously improve models and identify new areas of research

Your Skills and Experience

3+ years of experience in quantitative research in NSE/BSE, ideally within derivatives or options

• Strong foundation in probability, statistics, and quantitative modelling
• Proven track record of developing impactful trading signals or models
• Experience working with large datasets and time-series data
• Strong programming skills in at least one language (Python preferred)
• Curious, analytical mindset with a focus on problem-solving and innovation

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.

For three decades IMC has provided liquidity to the financial markets globally. Specialised in algorithmic trading and advanced technology, we set the pace for the evolution of market making. Cutting-edge…