Volatility Trader

IMC Trading; Mumbai; On-site; INR 1,000,000 - 2,000,000; Full time

Job summary

IMC Trading in Mumbai is seeking an experienced Trader to enhance their volatility trading strategies. You will maximize revenue by capitalizing on short-term mispricings while collaborating with research and quant teams to refine your approaches. Ideal candidates have over 4 years of trading experience at prop firms or market makers, with a focus on options in Indian markets being a plus. A solid background in programming and strong analytical skills are also encouraged. This role is critical as IMC aims to expand its options trading operations worldwide.

Qualifications

• 4+ years of experience as a Trader at a prop trading firm or market maker managing your own book.
• Prior experience of options position trading in Indian markets is good to have.
• Experience in computer programming is desirable.

Responsibilities

• Maximize revenue by identifying and capitalizing on short-term mispricing.
• Analyze results with research and quant teams to improve strategies.
• Drive strategies forward to build options trading globally.

Skills

Trading strategies

Numerical and analytical skills

Entrepreneurial mindset

Competitive nature

Fast decision-making

Tools

Python

C/C++

Java

Matlab

SQL

Job description

At IMC we run volatility trading strategies which are separate from our usual low-latency, execution based market making strategies. We rely on macro research and historical signals to place opinionated, relative value trades on asset classes globally. IMC is successfully ramping up its volatility trading strategies. To accelerate growth we are looking to expand the team with experienced traders.

Your Core Responsibilities

• Maximize revenue by both finding, and then capitalising on short term mispricing, as well as managing larger positions
• Work closely with our best-in-class research and quant teams to analyse your results and improve your approach
• Take responsibility and ownership early to drive strategies forward and be successful
• You will be instrumental in assisting us with our strategic goal to build our options trading globally, with a focus on positional market making and relative value strategies

Your Skills And Experience

• 4+ years of experience as a Trader at a prop trading firm / market maker managing your own book
• Prior experience of options position trading in Indian markets is good to have.
• Experience in computer programming is desirable (Python, C/C++, Java, Matlab, SQL).
• Entrepreneurial mindset, healthy risk appetite, competitive by nature and fast decision maker
• Excellent numerical and analytical skills.