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IMC Trading

Quantitative Researcher - Pricing

IMC Trading, Chicago, Illinois, United States, 60290

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Quantitative Researcher - Pricing IMC Trading is seeking a talented Quantitative Researcher with proven experience in options pricing to join our trading organization. In this role, you will focus on developing, testing, and refining pricing models, with an emphasis on capturing edge through volatility modeling and market microstructure insights.

Key Responsibilities

Develop and optimize pricing libraries for theoretical and empirical options pricing models (e.g., Black‑Scholes, local/stochastic volatility, jump‑diffusion)

Collaborate closely with traders, quantitative researchers, and developers to translate model insights into actionable strategies

Research and implement models to fit implied volatility surfaces

Conduct statistical analysis on large volumes of historical and real‑time market data

Backtest pricing and execution strategies across multiple timeframes and asset classes

Required Skills & Experience

PhD or Master’s in Math, Physics, Engineering or a related quantitative field

Strong understanding of American options pricing theory and practice

Previous experience with pricing options on equities & equity indices, fixed‑income products, event modeling

Strong programming experience (Python, Java or C++ preferred)

Solid background in statistics, stochastic processes, and numerical methods

Excellent problem‑solving skills and a passion for financial markets

Prior experience in a trading or quant research environment is strongly preferred

Experience with real‑time trading systems and low‑latency infrastructure is a plus

Familiarity with volatility trading strategies or structured products preferred

Previous exotics pricing experience is a plus

Base Salary range $200,000 - $275,000 USD

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.

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.

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