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Chicago, IL 60606
Name of Employer: IMC Americas, Inc.
Job Title: Quantitative Researcher
Location: 233 S. Wacker Drive, Suite 4300, Chicago, IL 60606
Duties: Collaborate with Traders to evaluate and enhance the performance of IMC’s existing proprietary trading models using advanced mathematical and analytical methods. Design novel quantitative methods to gather and analyze historical market data, trading statistics or new data sources and use the results of that research as the basis for new trading strategies. Translate trading strategies into mathematical models, algorithms and other complex computational programs to realize the combined vision of the trading team. Build custom computational data analysis tools to explore and new quantitative research ideas. Design mathematical models to test, visualize and refine trading ideas before implementation. Apply rigorous analytical and quantitative techniques to solve complex problems presented by new and existing proprietary trading strategies. Implement new and improved quantitative trading models and launch them into production on IMC’s proprietary trading platform. Conduct all quantitative trading research, development and implementations according to internal best practices to keep IMC’s trading ecosystem logical and consistent. Specifically, apply advanced mathematical techniques including stochastic calculus, Monte Carlo simulations and partial differential equations to price equity and index options; implement models including local volatility models to refine pricing results; and architect and maintain derivative pricing library to accommodate increased trading volume.
Education Required: Master’s degree in Finance, Mathematics, Physics or a related field and 2 years of experience in quantitative research in equity and index options.
Experience Required: Must have some work experience with each of the following: (1) applying advanced mathematical techniques including stochastic calculus, Monte Carlo simulations and partial differential equations to price equity and index options; (2) implementing models including local volatility models to refine pricing results; and (3) architecting and maintaining derivative pricing library to accommodate increased trading volume.
Apply: Applicants must send resume to: firstname.lastname@example.org with “Quantitative Researcher” in subject line.