Quantitative Researcher — Partial Telecommute

Trading Interview; Chicago, New York (IL, NY); Hybrid; USD 175,000 - 275,000; Full time

Benefits offered by this job

Partial telecommuting allowed

Job summary

IMC Americas, Inc. is hiring Quantitative Researchers in Chicago, IL and New York, NY. You will validate models used in proprietary trading, design methods to analyze market data, and build backtesting frameworks for trading strategies.

You will prototype algorithms, apply financial math, and collaborate with traders and developers to enhance pricing, execution, and risk management. This role emphasizes low-latency trading insights and robust research practices.

Qualifications

• Requires a Bachelor's degree in a quantitative field and two years of relevant experience.
• Experience with statistical inference, regression, time-series analysis.
• Experience with large-scale financial time-series data and data quality issues.
• Collaborates with traders and developers in quantitative research.
• Proficient in Python data libraries for quantitative analysis.

Responsibilities

• Collaborate with traders, developers, and researchers to validate models used in trading strategies.
• Design quantitative methods to analyze market data and trading statistics for new strategies.
• Build tools, simulations, visualizations, and backtesting frameworks to test hypotheses.
• Formulate trading hypotheses as mathematical models and prototype algorithms.
• Apply financial mathematics to diagnose model behavior and improve forecasting accuracy.
• Identify gaps in trading algorithms and propose new algorithmic approaches.
• Define design requirements for new trading algorithms and their market impact.
• Drive complex quantitative research projects from problem to deployment and review.
• Assess readiness of models for production deployment considering risk and profitability.
• Prioritize initiatives by potential PnL impact and feasibility, mentoring junior researchers.

Skills

Statistical inference

Time-series analysis

Algorithm design

Quantitative research

Financial mathematics

Model validation

Data analysis

Python programming

Low-latency concepts

Collaborating with traders

Education

Bachelor's degree in a quantitative field

Tools

Pandas

NumPy

SciPy

Scikit-learn

PyTorch

XGBoost

LightGBM

Numba

Polars

Dask

Matplotlib

Job description

IMC Americas, Inc. is hiring Quantitative Researchers in Chicago, IL and New York, NY. You will validate models used in proprietary trading, design methods to analyze market data, and build backtesting frameworks for trading strategies.

You will prototype algorithms, apply financial math, and collaborate with traders and developers to enhance pricing, execution, and risk management. This role emphasizes low-latency trading insights and robust research practices.