Senior Trader
Chicago, United States · Hybrid · Full-time
- Posted 1w ago
- From IMC Trading’s careers page
- Location
- Chicago, United States
- Work mode
- Hybrid
- Type
- Full-time
- Level
- Senior
- Experience
- 5+ years
- Department
- Other
Opens the listing on job-boards.eu.greenhouse.io
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About the role
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%)
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
Skills they ask for
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About IMC Trading
Research-driven quantitative tradingIMC is a global quantitative trading firm that develops data-driven trading strategies using research, engineering, and technology.
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