Systematic Index Options Trader

IMC Trading; Chicago (IL); On-site; USD 175,000 - 250,000; Full time

Job summary

A leading trading firm in Chicago seeks a Systematic Index Options Trader to maximize PNL by applying and adapting trading strategies. The ideal candidate will have 2+ years of trading experience, strong quantitative skills, and programming knowledge in Python. This is a full-time position that emphasizes teamwork and innovation in trading strategies.

Qualifications

• 2+ years of Index Options trading experience.
• Experience with programming, preferably in Python.
• Ability to make data-driven decisions.

Responsibilities

• Maximize PNL through applying/adapting current trading strategies.
• Drive initiatives or strategies forward.

Skills

Index Options trading experience

Programming in Python

Analytical skills

Self-motivated

Team collaboration

Education

BS, MS, or PhD in mathematics, science, financial engineering, or computer science

Job description

Join to apply for the Systematic Index Options Trader role at IMC Trading.

Overview

Our Index Options team chases edge in volatility valuation, detailed execution, and fast technology. We evolve our strategy through both iterating and innovating: improving existing systems, algorithms, or processes, as well as creating new ones that augment our framework. We are a highly collaborative group of generalists and specialists. Together we strive to have deep expertise, ownership, and innovation in the topic areas that are important to winning in the Index Options space.

Base pay range

$175,000.00/yr - $250,000.00/yr

Responsibilities

• Maximize PNL through applying and adapting current trading strategies and algorithms, or researching and designing new trading strategies and algorithms.
• Take responsibility and ownership early in your time here to drive initiatives or strategies forward.

Skills and Experience

• 2+ years of Index Options trading experience
• BS, MS, or PhD preferably in mathematics, science, financial engineering, or computer science
• Experience with programming, preferably in Python
• Highly analytical and seek to make or validate decisions in a data-driven manner
• Working in a fast-paced and competitive environment
• Curious and self-motivated to keep making progress
• Working in a team environment where multiple specialists will rely on each others’ expertise

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance