Role at a glance
- Job function
-
Investments & Capital Markets Portfolio Management & Trading
- Salary
- Not Disclosed
- Location
- Chicago, United States New York, United States
- Education
- Bachelor's
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About the role
Original posting provided by IMC Trading
IMC Americas, Inc. has multiple openings for Senior Trader (REQ#4479679101) in Chicago, IL and New York, NY.
Your Core Responsibilities
- Develop, maintain, and enhance mathematical models, strategies, and trading system components for quantitative proprietary trading in collaboration with developers (3%).
- Independently design and implement changes to trading models, strategies and systems from end-to-end, including conceiving of proposed changes, creating a testing plan and performing tests, and implementing changes (3%).
- Analyze, interpret, and model financial, economic, and industry data to optimize trading and maximize revenue generation using existing internal tools (3%).
- Create custom analysis tools for use at the firm to perform research beyond available analysis tools (3%).
- Prepare and present high-quality financial analysis and reports following IMC global guidelines (3%).
- Lead, mentor and develop a team of traders, including managing Trading managers and leading trading teams across offices (15%).
- Supervise and mentor traders and interns, providing detailed feedback for their work (20%).
- Set trading strategy, performance goals, and standards for a group of traders, quant researchers, and technologists; and stay abreast of market trends and changes, adapting strategies as needed (15%).
- Enforce robust risk management practices and ensure adherence to regulatory and internal controls; and own PnL, risk management, and regulatory controls for the trading desk (10%).
- Influence organizational and strategic direction for the firm by collaborating with key stakeholders and leadership in IMC international offices (10%).
- Partner closely with other trading and technology leads to enhance trading strategies, systems and tools (10%).
- Participate in Trader interview process and make hiring decisions for applicants to Trader positions (5%).
Partial telecommuting permitted. Multiple positions available. Requisition Number: 4479679101
Your Skills and Experience
This position requires a Bachelor’s degree, or foreign equivalent, in Mathematics, Econometrics, Computer Science, Financial Engineering, Physics, or similarly quantitative and mathematical field and five (5) year of experience in the job offered or a related position.
Must have at least five (5) years of experience in each of the following skill(s):
- Developing, maintaining, and enhancing mathematical models, strategies, and trading system components for quantitative proprietary trading in collaboration with developers
- Operating trading strategies through a range of market circumstances, having a thorough understanding of risk at any point in time
- Rolling out and verifying new features on trading strategies
- Managing a trading firm's risk exposure
- Using Python and python coding libraries, including Pandas, NumPy, and SciPy to assist in quantitative analysis
- Experience trading products and navigating compliance regulations in trading markets
- Managing Quantitative traders
- Contributing to planning and prioritization decisions on a trading desk
- Requires FINRA Certifications: (1) SIE, (2) Series 57, and (3) Series 24
#LI-DNI
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 visit Benefits - US | IMC Trading for more comprehensive information.
About Us
IMC is a research-driven trading firm where quantitative modeling, machine learning, and engineering shape how modern markets are traded. A stabilizing force in markets since 1989, we provide liquidity across trading venues, delivering the best outcome in value and risk management to investors. Using our own technology and capital, we build proprietary systems and algorithms that operate across global markets. Our researchers, traders, and engineers work as a collective, combining rapid experimentation, advanced infrastructure, and real-time feedback to turn insight into execution and execution into advantage.
About the company
IMC Trading
Large Enterprise
IMC Trading is a global proprietary trading firm that leverages technology and quantitative research to optimize trading strategies across a variety of asset classes, including equities, commodities, and derivatives. Founded in 1989 and headquartered in Amsterdam, IMC operates with a commitment to innovation and collaboration, fostering an environment where talented professionals can thrive. The firm is dedicated to responsible trading practices and actively engages in market-making to ensure liquidity and efficiency in financial markets worldwide. With a focus on continuous improvement and data-driven decision-making, IMC Trading is a leader in the fast-paced world of trading and investment.