Quantitative Researcher — Hybrid/Remote Trading Research

Tradermath; Chicago (IL); Hybrid; USD 175,000 - 275,000; Full time

Job summary

IMC Americas, Inc. is hiring Quantitative Researchers in Chicago, IL and New York, NY. The roles involve developing and validating quantitative models, building backtesting tools, and prototyping trading algorithms for production deployment.

The team collaborates with traders and developers to advance model accuracy using statistical inference, time-series analysis, and ML methods. Partial telecommuting is permitted; base salary ranges from $175,000 to $275,000 USD.

Qualifications

• This position requires a Bachelor's degree, or foreign equivalent, in Computer Science, Financial Mathematics, Financial Engineering, Computational Mathematics, or a closely related quantitative field, and two years of experience in the job offered or a related role.
• Two years of experience with statistical inference, optimization, regression analysis, time-series analysis, algorithm design, and other analytical techniques.

Responsibilities

• Collaborate with traders, developers, and researchers to evaluate, validate, and improve quantitative models through statistical analysis, simulation, and empirical research.
• Design quantitative methods to gather and analyze market data and use results as basis for new trading strategies.
• Build research-oriented tools, simulations, visualizations, and backtesting frameworks to evaluate hypotheses before production deployment.
• Formulate trading hypotheses as mathematical models; prototype algorithms and coordinate with developers to integrate research into systems.
• Apply statistical inference, optimization, numerical methods, and financial mathematics to diagnose model behavior and improve forecasting.
• Identify gaps in trading algorithms and propose new approaches to improve pricing, execution, risk, or performance.
• Define design requirements for new quantitative trading algorithms and expected impact.
• Drive complex research projects from problem definition to post-deployment review.
• Assess production readiness by evaluating statistical evidence, risk, and profitability.
• Prioritize research initiatives by PnL impact, feasibility, and strategic value.
• Mentor graduate researchers by reviewing plans and providing guidance on algorithm design and validation.

Skills

Statistical modeling

Time-series analysis

Machine learning

Python

High-frequency data

Trading systems

Optimization

Model validation

Financial theory

Trader collaboration

Education

Bachelor's degree in quantitative field

Job description

IMC Americas, Inc. is hiring Quantitative Researchers in Chicago, IL and New York, NY. The roles involve developing and validating quantitative models, building backtesting tools, and prototyping trading algorithms for production deployment.

The team collaborates with traders and developers to advance model accuracy using statistical inference, time-series analysis, and ML methods. Partial telecommuting is permitted; base salary ranges from $175,000 to $275,000 USD.