Internship

Quantitative Research Intern

PhD

Updated on 12/20/2024

IMC Trading

IMC Trading

1,001-5,000 employees

Global proprietary trading firm utilizing technology

Quantitative Finance
Financial Services

Chicago, IL, USA

Category
Quantitative Research
Quantitative Finance
Required Skills
Python
Natural Language Processing (NLP)
C/C++
Data Analysis
Requirements
  • Currently enrolled in a PhD program in Computer Science, Electrical Engineering, Mathematics, Statistics, Physics, or related field of study
  • Must be able to intern starting June 2025 and open to commence full-time employment upon graduation in 2026 or 2027
  • Deep understanding of machine learning, probability, and statistics, with practical experience in areas such as time series analysis, pattern recognition, portfolio optimization, market impact modelling and NLP
  • Proven ability to conduct original research and deliver impactful results
  • Extensive experience with modern deep learning architectures, with a solid foundation in classic machine learning techniques
  • Strong programming skills in Python required
  • Demonstrated experience with C++ a plus
  • Experience with multi-modal, multi-domain learning, and online learning is highly desirable
  • Familiarity with analyzing large, unstructured, and heterogeneous datasets
  • Theoretical and hands-on experience with time series forecasting is a plus
Responsibilities
  • Conduct hands-on research to design, develop, and apply original machine learning algorithms, with the autonomy to explore and innovate
  • Apply your experience in at least one of the following techniques: Deep Neural Networks, Reinforcement Learning, Natural Language Processing (NLP), Time Series Analysis, Anomaly Detection, and Pattern Recognition
  • Architect, prototype, and refine predictive models and trading strategies for robustness and scalability
  • Analyze large, complex datasets to uncover statistically significant patterns and market behavior insights
  • Communicate research progress and outcomes effectively, ensuring knowledge transfer within the team and across departments
  • Collaborate closely with a multidisciplinary team to enhance IMC’s machine learning capabilities and trading strategies

IMC Trading is a global trading firm that optimizes financial markets using technology and quantitative strategies. The firm engages in proprietary trading, utilizing its own capital to trade financial instruments like stocks, options, and futures, while leveraging advanced algorithms to identify market inefficiencies. IMC stands out from competitors through its collaborative approach, bringing together mathematicians, technologists, and traders to enhance trading strategies. The company's goal is to foster a culture of curiosity and continuous improvement, creating an inclusive environment for all employees.

Company Stage

N/A

Total Funding

N/A

Headquarters

Amsterdam, Netherlands

Founded

1989

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • IMC's acquisition of Cardinal Capital expands its presence in the options market.
  • The Prosperity trading challenge enhances IMC's brand among top STEM students globally.
  • IMC's strategic investment in Clear Street strengthens its position in prime brokerage.

What critics are saying

  • Integration challenges from acquiring Cardinal Capital may disrupt US equity derivatives operations.
  • Increased competition from MEMX could affect IMC's options trading market share.
  • Rising operational costs from Chicago office expansion may impact IMC's profitability.

What makes IMC Trading unique

  • IMC leverages cutting-edge technology for algorithmic trading and market optimization.
  • The firm operates in major financial hubs like Amsterdam, Chicago, and Sydney.
  • IMC's team includes mathematicians, technologists, and traders for innovative trading solutions.

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Benefits

Medical, dental & vision insurance

Parental leave

20 paid days annual leave

PTO

Paid sick leave

Fitness reimbursement

Fully-stocked kitchen in office

401k up to 4% match

IMC employee events

Donation match