Back to jobs

Quantitative Researcher - Pricing

Chicago, United States

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 is a plus

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 - $275,000 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.

 

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Education

Select...
Select...
Select...
Select...
Select...

Please read the terms and conditions of the IMC Privacy Statement.

IMC US Voluntary Disclosure

IMC is an equal opportunity employer. IMC prohibits discrimination of any type and affords equal employment opportunities to applicants without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity and expression, national origin, age, disability, military or veteran status, status as a victim of domestic violence, and/or any other categories protected by applicable federal, state or local law. Completion of this section is voluntary and will not affect your opportunity for employment or the terms or conditions of your employment. The data collected from these questions will be stored separately from your individual application and will be kept confidential.

Select...
Select...