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IMC Trading

Proprietary trading using quantitative strategies

Operations Analyst - Mid Office

Business OperationsConfirmed live in the last 24 hours
Full-timeChicago, IL, USAIn-person

About the Job

Requirements

  • A bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field; a Bachelor of Science is preferred.
  • Two to five years of experience in financial markets or a trading environment is preferred.
  • Prior interaction with trading and/or technology groups is required.
  • Strong proficiency in Microsoft Excel and the broader Microsoft Office suite is required.
  • Strong analytical and structured problem-solving skills, including the ability to identify root causes, are required.
  • Ability to manage multiple priorities and work well under pressure is required.
  • Strong communication and stakeholder management skills are required.
  • Ability to gather, synthesize, and clearly communicate business requirements is required.
  • A self-motivated and proactive approach with a continuous improvement mindset is required.
  • Strong attention to detail and solid organizational and prioritization skills are required.
  • Series 99 or Series 7 is required, or the candidate must be willing to work toward obtaining one within the first year of employment.
  • Technical skills in data tools or programming languages are a plus, including SQL, VBA, Power Query, Python, or QlikSense.

Responsibilities

  • Perform intraday and next-day trade reconciliation, ensuring accuracy and timeliness across all activity.
  • Calculate and reconcile daily profit and loss, and reconcile monthly invoices with exchanges, clearing firms, and other counterparties.
  • Identify and resolve daily trade and settlement breaks, analyze root causes, and drive timely corrections at the clearing firm level.
  • Understand the trade lifecycle from execution through final settlement, including associated fees.
  • Work with IT and Trading to ensure proper trade flow, including onboarding new exchanges, clearing firms, and trading platforms.
  • Liaise between clearing firms and trading operations, open new accounts, and execute position, trade, and cash transfers.
  • Monitor high-level account balances and margin and collateral requirements in conjunction with the Risk team.
  • Manage and analyze large datasets, and create ad hoc and recurring reports to support operational and business needs.
  • Proactively identify opportunities for automation, improvement, and efficiency.
  • Collaborate with cross-functional teams to develop solutions across departments and improve quality and efficiency within support.
  • Interact daily with other support areas and build an understanding of key risk, compliance, finance, and legal topics.
  • Learn new tools, procedures, and structures, and continually identify ways to improve them.

Desired Qualifications

  • Two to five years of experience in financial markets or a trading environment is preferred.
  • Technical skills in data tools or programming languages are a plus, including SQL, VBA, Power Query, Python, or QlikSense.

About the Company

IMC Trading

Proprietary trading using quantitative strategies

IMC Trading is a global proprietary trading firm that uses technology and quantitative strategies to trade financial instruments such as stocks, options, and futures with its own capital. It operates in major markets (Amsterdam, Chicago, Sydney) and serves a diverse client base including institutional investors and individual traders. The company identifies market inefficiencies through advanced algorithms and data analytics, with teams of mathematicians, technologists, and traders who continuously improve strategies and build in-house solutions. Unlike firms that manage external funds, IMC trades for its own balance sheet, aiming to earn profits by executing high-frequency and systematic trades across global markets. Its approach centers on a culture of curiosity, continuous improvement, and collaboration, aiming to optimize markets while fostering an inclusive environment where employees can contribute meaningfully.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Amsterdam, Netherlands
Founded
1989

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