
IMC · Chicago
We’re looking for a Quantitative Developer - Derivatives to join our Chicago office. At IMC, the Pricing and Risk (PAR) team owns the firm’s core quantitative ...
We’re looking for a Quantitative Developer - Derivatives to join our Chicago office.
At IMC, the Pricing and Risk (PAR) team owns the firm’s core quantitative library for live derivatives pricing and risk. This
library sits directly in the critical path of our HFT market making systems and serves as the real-time source of truth for
valuation across all strategies. It is both foundational and constantly evolving, with extremely high expectations for performance
and correctness.
The platform runs at scale across thousands of servers and is developed collaboratively across desks and regions. The team works
closely with global counterparts to ensure consistency in how derivatives are modeled and priced across the firm.
Our primary focus is options and volatility modeling, alongside support for a broader set of asset classes including fixed income,
ETFs, and FX.
This role sits at the intersection of quantitative modeling and high-performance engineering, similar to roles often titled Quant
Developer or Strategist.
Your Core Responsibilities
Your Skills and Experience
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 insurance. Please visit Benefits
Salary Range
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 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.
IMC is looking for a Quantitative Developer to own the full path from research to production. This role blends research and engineering, with tight feedback loops from ideation to live trading. You will build the systems that turn quantitative insights into measurable edge, with direct visibility into how your work creates impact. Your Core Responsibilities * Build and maintain systems that span research and production, enabling rapid iteration from idea to production * Design high-fidelity simulation and backtesting infrastructure that models latency, microstructure, and real-world constraints * Define, compute, and curate features across instruments, regimes, and time horizons * Own feature and signal pipelines, ensuring clean, consistent delivery from research to execution * Contribute to strategy optimization, balancing expected performance with real-world constraints * Debug issues end-to-end across research and execution Your Skills and Experience * 3-7 years of experience in quantitative software development, preferably at a trading firm or systematic fund * Strong production experience in Python, including data analysis workflows (pandas, polars, or similar) * Strong grounding in probability, statistics, and time series analysis; familiarity with backtesting and simulation frameworks * Solid understanding of ML concepts as applied to systematic strategies, from research through production * Experience with low-latency systems is valuable * Ability to work fluidly across research and engineering teams 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 insurance. Please visit Benefits - US | IMC Trading for more comprehensive information. Salary Range $200,000—$225,000 USD 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 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.
We are seeking a Software Engineer to help build the technology and analytical frameworks used to understand, measure, and optimize risk across the firm's trading businesses. Working directly with Risk Managers and software engineers globally, you will develop systems that help the firm analyze exposures, scenarios, capital, liquidity, and other risk factors across all asset classes. You will have significant autonomy to improve existing platforms, build new tools, and pursue opportunities that make the risk organization more effective. This role is ideal for someone who enjoys combining software engineering, data science, and financial markets to solve complex, high-impact problems. Your Core Responsibilities: * Design and build analytical tools that help Risk Managers understand portfolio exposures, stress scenarios, capital usage, and emerging risks * Build high-end dashboards and visualization tools for stakeholders globally. * Work with large data sets, data pipelines that support storage, retrieval, and analysis across the risk organization. * Partner directly with Risk Managers to identify opportunities and rapidly translate ideas into production systems while collaborating within the firm's global risk development organization. * Collaborate with engineering, trading, quantitative research, operations, and data teams across the firm * Take ownership of projects from concept through production deployment Your Skills and Experience: * 3–5+ years of professional software engineering experience * Strong development skills in Java and/or Python * Experience building and supporting production systems * Interest in financial markets, risk management, data science, and quantitative analysis * Strong analytical and problem-solving skills * Self-starter with a high degree of ownership and initiative Preferred Technical Experience * Distributed systems and service-oriented architectures * Kubernetes and containerized applications * React and modern web development * PostgreSQL, ClickHouse, and analytical databases * Parquet, Hadoop, and large-scale data platforms * Data pipelines, ETL frameworks, and APIs 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 insurance. Please visit Benefits - US | IMC Trading for more comprehensive information. Salary Range $175,000—$225,000 USD 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 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.
Compensation: Competitive (Financial Services) About TradingHub Founded in 2010, TradingHub delivers uniquely intelligent trade surveillance software to world leading financial institutions. Developed by market professionals, our solutions use sophisticated modelling techniques to detect single and cross-product market manipulation. With a team of over 150 experts worldwide, TradingHub combines global reach with deep markets expertise to help our customers mitigate financial, regulatory, and reputational risk. The Role We are seeking a Quantitative Developer to help design, build, and validate the models that power our industry-leading market surveillance and analytics products. As part of our Professional Services division, you'll collaborate with a team of ex-Traders and Structurers to create and deploy custom market abuse metrics and analytics. The successful candidate will combine financial markets expertise and stakeholder management skills in this customer facing position, and develop a detailed understanding of TradingHub’s model-based approach to market abuse surveillance. Responsibilities: * Understand customer needs through both direct contact and analysis of their trade data * Design and implement custom metrics and models via our CaaS product * Contribute to PoCs and the technical onboarding of new customers * Perform technical tasks such as system configuration, running data batches and troubleshooting implementation issues * Use our in-house big data language for large-scale pricing and data analysis * Collaborate cross-functionally with internal stakeholders to ensure timely delivery, such as our sales and engineering teams Requirements * Hands-on skills in a programming language such as C#, C++ or Python * Proven industry experience in financial markets from a trading, risk or quantitative perspective * Sound knowledge of the fixed-income asset class, including derivatives * Deep understanding of risk sensitivities or "Greeks" such as Delta, Gamma, DV01 etc. * Good interpersonal skills and keen to collaborate closely with customers * Excellent written and oral communication, with the ability to summarise information to stakeholders in a clear and concise manner * Able to prioritise, assign and manage competing customer needs * Keen to work in a fast-paced environment Benefits Life at TradingHub is a rewarding journey within a fast-growing company that thrives on innovation and collaboration. By combining the best of technology and global markets, we’re able to solve complex problems together and deliver meaningful results to our customers. Everybody has value to bring, and we welcome individuality as a key driving force behind our collective success. Rooted in everything that we do are our core values: Accountability, Ambition, Partnership and Trust. These values provide the foundation for a sustainable workplace culture that empowers you to grow, contribute, and become your best self. Employee Benefits: * Annual discretionary performance bonus (permanent employees only) * Hybrid working policy * Office lunches twice a week * Private medical insurance + dental cover * Extended parental leave (up to 6 months of fully paid maternity leave) * 25 days annual leave + bank holidays * Enhanced company pension plan * 5 days study leave towards professional qualifications * Salary sacrifice schemes * Death in service coverage Don’t tick every single requirement? Research shows that candidates from under-represented groups are less likely to apply unless they meet all the criteria. We are dedicated to building a diverse, equitable and inclusive workplace, so if this role excites you, please don't let our specification hold you back. Get in touch! TradingHub is an equal opportunities employer. We do not discriminate based on race, religion, ethnic or national origins, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), sexual orientation, gender identity, gender expression, age, socio-economic background, responsibilities for dependants, physical or mental disability or other applicable legally protected characteristics. TradingHub selects candidates for interview based solely on their skills, experience and qualifications. We are committed to making our recruitment process accessible to all and we encourage candidates to inform us of any required adjustments. A full copy of our diversity, equity and inclusion policy will be made available to you upon request.