Quantitative Researcher - Options

ittihad medical centre; Chicago (IL); On-site; USD 250,000 - 300,000; Full time

Benefits offered by this job

Discretionary bonus

Paid leave

Insurance

Job summary

ittihad medical centre is looking for a Senior Quantitative Researcher to lead the options quant team in Chicago, Illinois. In this role, you will evaluate existing algorithms, improve trading systems, and mentor junior researchers.

The ideal candidate holds an Ms or PhD in a quantitative field, has at least 5 years of experience in financial services, and possesses strong programming skills, particularly in Python. The position offers a competitive salary and potential bonuses.

Qualifications

• At least 5 years in financial services or a quantitative environment.
• Strong programming skills, preferably in Python, Java, or C++.
• Experience with options pricing.

Responsibilities

• Collaborate to evaluate existing algorithms.
• Identify best places to improve trading systems.
• Mentor graduate quantitative researchers.

Skills

Quantitative analysis

Project management

Python

Java

C++

Education

Ms or PhD in a highly quantitative field

Job description

IMC Trading is seeking a Senior Quantitative Researcher to join the options quant team. You will join the team as a senior member with the expectation of leading projects and mentoring juniors. Skills and responsibilities listed below.

Your Core Responsibilities:

• Collaborate with the trading and quantitative research team to evaluate existing algorithms
• Combine knowledge of systems, mathematical techniques and trading to identify the best places to improve our trading system
• Rapidly research, test, and prototype new algorithmic ideas, preferably with Python.
• See through the high-quality implementation of ideas to full-scale production trading.
• Mentor graduate quantitative researchers

Your Skills and Experience:

• Ms or PhD in a highly quantitative field
• At least 5 years in financial services or a quantitative environment
• Experience in project or people management
• Strong programming skills, Python, Java or C++ preferred
• Proven success in quantitative modelling and algorithm development
• You have experience with options pricing

Base Salary

Base salary is only one component of total compensation. All full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance.

$250,000 — $300,000 USD

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.