Quantitative Researcher

Chicago, United States;
New York, United States

IMC Americas, Inc. has multiple openings for Quantitative Researcher (REQ :) in Chicago, IL and New York, NY.

• Collaborate with traders, developers, and researchers to evaluate, validate, and improve quantitative models used in IMC’s proprietary trading strategies through statistical analysis, simulation, and empirical research (10%).
• Design quantitative methods to gather and analyze market data, trading statistics, or new data sources and use the result of that research as the basis for new trading strategies (10%).
• Build research-oriented computational tools, simulations, visualizations, and backtesting frameworks to evaluate quantitative hypotheses and measure model performance before production deployment (10%).
• Formulate trading hypotheses as mathematical, statistical, and machine-learning models; prototype algorithms and coordinate with developers to integrate validated research into trading systems (10%).
• Apply statistical inference, optimization, numerical methods, and financial mathematics to diagnose model behavior, improve forecasting accuracy, and address complex research problems in proprietary trading (15%).
• Identify gaps in existing trading algorithms and propose new algorithmic approaches to improve pricing, execution, risk management, or trading performance (10%).
• Define design requirements for new quantitative trading algorithms, including the intended market behavior, data inputs, model assumptions, implementation constraints, and expected trading impact (10%).
• Drive complex quantitative research projects from initial problem definition through hypothesis testing, model validation, implementation planning, and post-deployment performance review (10%).
• Determine whether quantitative models or trading strategies are ready for production deployment by assessing statistical evidence, trading risk, operational constraints, and expected profitability (5%).
• Prioritize quantitative research initiatives by weighing expected PnL impact, technical feasibility, implementation risk, resource requirements, and strategic value to the trading desk (5%).
• Mentor graduate quantitative researchers and interns by reviewing research plans, challenging assumptions, evaluating analysis quality, and providing technical guidance on algorithm design, trading research, and model validation (5%).

Partial telecommuting permitted. Multiple positions available.

Requisition : .

This position requires aBachelors degree, or foreign equivalent, in Computer Science, Financial Mathematics, Financial Engineering, Computational Mathematics, or a closely related quantitative, mathematical, or computational field, and two (2) years of experience in the job offered or a quantitative, technical, and mathematical role or a related position.

Must have two (2) years of experience with each of the following skills:

• Applying statistical inference, optimization, regression analysis, time-series analysis, algorithm design, and other analytical and quantitative techniques to solve complex problems;
• Designing and implementing mathematical models and algorithms, including optimization, signal-generation, and statistical learning methods;
• Analyzing large-scale, high-frequency financial time-series datasets — including market data, order book data, trade data, and derived quantitative signals — to identify patterns, evaluate hypotheses, and measure model performance, with experience handling data quality issues such as gaps and outliers;
• Applying statistical inference, time-series analysis, and model-validation best practices to analyze data and evaluate quantitative research results;
• Applying concepts from financial theory, financial…