Quantitative Researcher

IMC is looking for experienced quant researchers with a proven track record to develop high frequency trading strategies and predictive models, on a per option basis, for India’s Index Options products. If you’re excited about helping to push the boundaries of what we can do with Machine Learning in trading, unlocking the significant edges we have in execution, and collaborating to become the best trading firm in a growing market, this may be the role for you.

You will be responsible for performing large scale data analysis to derive statistically profitable predictions of market behaviour. These predictions are used to inform all of our trading, and you will help to shape the direction we take across research and tooling as we try new innovative approaches towards predicting option price movements.

We have longstanding and significant edges across market access, global reach, Options understanding and low latency. The rapid growth we’ve already seen in Machine Learning has unlocked these edges, and some of the most interesting and impactful problems are now being tackled.

You will work as part of an established and growing Index Options team, collaborating closely with traders, researchers and developers to find improvements to our models and see them impact our production trading results. IMC competes and wins as a team, with open idea sharing and collaboration across disciplines, desks and offices.

Your Core Responsibilities:

• Combine creativity and experience to rapidly generate high quality, testable ideas
• Shape the modelling approach we take for predicting Option price movements
• Use a rigorous and structured process to ensure your results are reliable and well tested
• Develop a strong grasp of the market dynamics and areas of improvement, collaborating effectively with the operational traders
• Have a solid understanding of statistics, a variety of machine learning approaches, and the risks of overfitting
• Collaborate extensively within the trading team to identify and incorporate new signals into our trading strategies

 

Your Skills and Experience:

• Graduate & Postgraduate study from top universities, majoring in machine learning, statistics, or STEM subjects
• 4+ years’ experience as a Quantitative Researcher, a proven track record of developing value-adding and orthogonal features across multiple families
• Significant practical experience applying at least one mainstream ML approach to India Index Options.
• Proven success with profitable trading strategies
• Strong programming skills in at least one language (python preferred)