Quantitative Researcher - Options

IMC B.V.; Chicago (IL); On-site; USD 175,000 - 275,000; Full time

Benefits offered by this job

Discretionary bonus

Paid leave

Insurance benefits

Job summary

A global trading firm in Chicago is seeking a Senior Quantitative Researcher to lead projects and mentor juniors in the options quant team. The ideal candidate has a PhD in a quantitative field, at least 5 years of experience in financial services, and strong programming skills in Python. Compensation includes a base salary of $175,000 – $275,000, along with a discretionary bonus and benefits.

Qualifications

• At least 5 years in financial services or a quantitative environment.
• Strong programming skills in Python, Java or C++ preferred.
• Proven success in quantitative modeling and algorithm development.

Responsibilities

• Collaborate with the trading and quantitative research team to evaluate existing algorithms.
• Rapidly research, test, and prototype new algorithmic ideas.
• Mentor graduate quantitative researchers.

Skills

Quantitative modeling

Programming in Python

Experience in project management

Options pricing knowledge

Education

Ms or PhD in a highly quantitative field

Tools

Python

Java

C++

Job description

Overview

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

Compensation

The Base Salary range for the role is included below. 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. Please review the Benefits information below.

Salary Range

• $175,000 — $275,000 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.