Trader at IMC Trading in Chicago

Summary: IMC is a global trading firm that provides essential liquidity in financial markets. The Trader role involves developing and enhancing trading models and strategies, analyzing financial data to optimize trading, and supervising graduate traders and interns. Responsibilities: - Develop, maintain, and enhance mathematical models, strategies, and trading system components for quantitative proprietary trading in collaboration with developers (10%) - 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 (15%) - Analyze, interpret, and model financial, economic, and industry data to optimize trading and maximize revenue generation using existing internal tools (15%). Create custom analysis tools for use at the firm to perform research beyond available analysis tools (5%) - Prepare and present high-quality financial analysis and reports following IMC global guidelines (15%) - Perform daily operational tasks on the trading desk, ensuring systems are running correctly and escalating as needed to designated contacts (15%) - Supervise and mentor graduate traders and interns (10%) - Train graduate traders through the firm's traineeship (5%) - Contributing to planning and prioritization decisions of future projects on their trading desk (5%). Monitoring and managing a trading firm's risk exposure (5%) Required Qualifications: - Bachelor's degree, or foreign equivalent, in Mathematics, Econometrics, Computer Science, Financial Engineering, Physics, or similarly quantitative and mathematical field - one (1) year of experience in the job offered or a related position - 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 Required Skills: Mathematical modeling, Quantitative proprietary trading, Trading strategies, Risk management, Python, Pandas, NumPy, SciPy, Financial analysis, Compliance regulations in trading markets Benefits: Paid leave, Insurance