Senior Trader

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 proposed changes, creating and performing a testing plan, 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 on their work (20%).
• Set trading strategy, performance goals, and standards for a group of traders, quantitative researchers, and technologists; 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; 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 the trader interview process and make hiring decisions for applicants to trader positions (5%).

Partial telecommuting is permitted. Multiple positions are 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 a similarly quantitative and mathematical field, and five years of experience in the job offered or a related position.

Must have at least five years of experience in each of the following:

• 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 and maintaining 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.
• Trading products and navigating compliance regulations in trading markets.
• Managing quantitative traders.
• Contributing to planning and prioritization decisions on a trading desk.
• FINRA certifications: SIE, Series 57, and Series 24.

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, IMC provides liquidity across trading venues, delivering value and risk management to investors. Using its own technology and capital, IMC builds proprietary systems and algorithms that operate across global markets. Its researchers, traders, and engineers work collectively, combining rapid experimentation, advanced infrastructure, and real-time feedback to turn insight into execution and execution into advantage.

Compensation

The base salary range for the role is listed 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.

Salary Range

$300,914 USD