Senior Trader
Chicago, IL - USA
Job Summary
IMC Americas Inc. has multiple openings for Senior Trader (REQ#) 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:
Your Skills and Experience
This position requires a Bachelors 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 firms 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 visit Benefits - US IMC Trading for more comprehensive information.
Salary Range
$250000 - $300000 USD
About Us
IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989 weve been a stabilizing force in financial markets providing essential liquidity upon which market participants depend. Across our offices in the US Europe Asia Pacific and India our talented quant researchers engineers traders and business operations professionals are united by our uniquely collaborative high-performance culture and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies and from developing an innovative research environment to diversifying our trading strategies we dare to continuously innovate and collaborate to succeed.
Required Experience:
Senior IC
About Company
0-50 employees
About Us IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we’ve been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the U ... View more