Volatility Trader

IMC; Mumbai; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

IMC in Mumbai seeks an experienced Trader to enhance its volatility trading strategies. The ideal candidate will have over 4 years of experience in trading, preferably in options, with strong analytical and numerical skills. Responsibilities include maximizing revenue from market mispricing, collaborating with research teams, and driving options trading globally. IMC promotes a high-performance culture and values diversity and inclusion in its hiring processes.

Qualifications

• 4+ years of experience managing your own book in trading.
• Prior experience in options trading in India is a plus.
• Desirable programming experience.

Responsibilities

• Maximize revenue through short-term mispricing capitalisation.
• Collaborate with research and quant teams for strategy improvement.
• Drive strategies and ownership early for success.
• Assist in building options trading globally.

Skills

Experience as a Trader

Analytical skills

Entrepreneurial mindset

Numerical skills

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.

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.

At IMC, we understand the importance of diversity, equity and inclusion, and are committed to continually improving this in our recruitment process. As part of our commitment, we have added an additional question below, to better understand our candidates, and focus our marketing, sourcing and interviewing efforts, to ensure equitable outcomes. This question is voluntary, and the information you provide will only be used for the purpose stated above and will not be shared with interviewers in the application process. If you do not wish to provide a response to the question, there will be no adverse impact on your application.