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 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: 4479679101

 

Your Skills and Experience

This position requires a Bachelor’s 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 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
• 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

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