Commodities Volatility Trader

IMC

We're building out a trading initiative in London, with a growing focus on listed commodities options. This expansion is supported by a mix of internal talent and experienced external hires. With a collaborative and entrepreneurial culture, the team offers a unique opportunity to help shape and scale a new desk from an early stage. The group combines deep expertise with broad trading experience and values innovation, ownership, and cross-functional collaboration. As the desk continues to grow, there will be increasing opportunities to take on broader responsibilities and contribute meaningfully to its success.  Your Core Responsibilities * Manage broker relationships in the Commodities team Be able to take lots of responsibility and ownership early in your time here to drive the strategy forward * Closely collaborating and effectively communicate with Vol and Screen traders to manage risk portfolios * Leverage an entrepreneurial mindset to identify and research new trading opportunities * Perform trades analysis to improve trading Your skills and experience: * 2+ years of experience as an Execution/Broker Trader * BS, MS preferably in business, economics or STEM * You have a quantitative and strategic mindset and a healthy appetite for risk * Strong technical skills in Statistics and Python * You have a proven ability to act and make decisions in a fast-paced and competitive environment * You are analytical, passionate about reflecting on past trades, and always seeking to do better * Strong communication and teamwork abilities 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

IMC is a global market maker, using advanced technology and sophisticated strategies to trade across major financial markets. With offices in Amsterdam, Chicago, and Sydney, we combine deep market expertise with cutting-edge systems to provide liquidity around the clock. Our China Commodities desk trades a broad range of products across China's commodity markets, spanning energy, precious metals, and base metals. Combining market expertise, research, and technology, we identify and capture opportunities across one of the world's most significant commodity ecosystems. As we continue to expand this business, we are looking for an experienced Commodities Trader to develop and execute China-focused trading strategies. Working closely with analysts, quantitative researchers, and technologists, you will help identify opportunities, manage risk, and drive the growth of the desk. Your Core Responsibilities:  * Develop, execute, and scale profitable trading strategies across Chinese commodities markets (e.g., energy, precious metals, base metals). * Trade futures and related derivatives on major Chinese exchanges (SHFE, DCE, ZCE, INE, GFEX) and relevant offshore venues. * Integrate fundamental research, macroeconomic analysis, and geopolitical developments into trading decisions. * Partner closely with the Commodities Analyst team to incorporate insights on supply/demand dynamics, inventory trends, shipping flows, regulatory developments, and government policy into actionable strategies. * Identify and position around upcoming market catalysts, volatility events, and structural dislocations. * Generate directional and volatility-driven trade ideas based on global and domestic Chinese market intelligence. * Work alongside quantitative researchers and technologists to refine execution, enhance data-driven decision-making, and scale systematic components of strategies. * Actively manage risk, including exposure to macro events, liquidity shifts, regulatory changes, and cross-border dynamics. * Contribute to continuous improvement of research frameworks, dashboards, and trading tools in collaboration with the Analyst and technology teams. Your Skills and Experience:  * Proven track record trading Chinese and/or global commodities futures and derivatives with consistent risk-adjusted returns. * Strong understanding of Chinese commodity markets, macroeconomic drivers, and geopolitical influences. * Deep knowledge of Chinese exchange rules, margin frameworks, and regulatory environment. * Demonstrated ability to translate fundamental and macro analysis into clear trading positioning. * Experience collaborating with analysts, quantitative researchers, and developers in a data-driven trading environment. * Strong risk management discipline and ability to trade around event-driven volatility. * Familiarity with Python, SQL, Bloomberg, or other analytics platforms is advantageous. * Ability to operate decisively in a fast-paced, competitive trading environment. 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.

Man Group

About Man Group Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent. Headquartered in London, we manage $228.7 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com At Man Group, we respect your privacy and we are committed to protecting and safeguarding your Personal Data. We have developed policies and processes which are designed to provide for the security and integrity of your Personal Data. We are committed to Processing your Personal Data fairly and lawfully, and being open and transparent about such Processing. For further information on how we process your data, please see the privacy notice for applicants here * As at 31 March 2026   The Team: The Man AHL Investment Risk team is a part of the wider Man Group Risk function and is responsible for risk management, monitoring and risk-related research across Market, Liquidity and Counterparty Risk. The team is responsible for risk management across the full range of AHL funds and strategies — spanning a broad range of asset classes including fixed income, equities, credit, commodities, FX and volatility — and works closely with Portfolio Management, Research, Trading and Technology teams to resolve risk issues. The team has a strong focus on risk research and the development of proprietary, in-house risk tooling. It is responsible for independent research on new risk management techniques and improvements to existing risk analytics, including an internal risk model and Python code base. AHL Risk relies on the strong quantitative and risk backgrounds across the team, as well as programming, data analysis and communication skills. The Role AHL Risk are seeking a self-motivated Risk Manager & Researcher with a strong quantitative background to be part of a dynamic Risk Management team. This is an exciting opportunity for a Quantitative Risk Manager with intellectual curiosity and an interest in Quantitative Research. The role offers a roughly equal balance across ongoing risk monitoring, risk research and model development, and the build-out of the team's risk tooling and analytical infrastructure. It is a highly quantitative position, requiring a strong mathematical and statistical foundation in order to understand the systematic strategies under management and to research and build new risk models and tools. Key Responsibilities * Monitor and manage risk across systematic trading strategies & funds * Work with all areas within the business – both within and outside AHL – to resolve risk issues as they arise * Assist in building out the broader risk framework and analytical infrastructure – including internal risk models and code * Conduct research into new risk measurement and management techniques * Further develop the Man risk management framework and broaden awareness and good risk culture across all functions at Man * Reporting relevant risk data and information to key stakeholders – both internal and external – as and when required Key Skills & Experience * A strong mathematical and statistical background, with the ability to understand systematic strategies and to research and build new risk models and tools * MSc (or higher) in a highly quantitative discipline (e.g. Mathematics, Statistics, Physics) * Minimum 2 years’ experience in a quantitative and/or risk-focused role within buy-side, sell-side or financial services * Knowledge of financial markets across major asset classes * Advanced understanding of portfolio risk modelling and risk management techniques * Advanced Python or similar programming skills, and general strength and fluency with technology and coding * Excellent communication skills Inclusion, Work-Life Balance and Benefits at Man Group You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. Learn more at www.man.com/diversity. You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering. Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance. Equal Employment Opportunity Policy Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws. Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact TalentAcquisition@man.com.