Quantitative Developer - Derivatives

About this role

Join IMC's Pricing and Risk team in Chicago to develop high-performance numerical algorithms for derivatives pricing and risk management. You'll design and implement core quantitative models for options and volatility, working at the intersection of quantitative research and systems engineering to support the firm's HFT market-making infrastructure.

What you'll do

• Design and implement high-performance numerical algorithms for pricing and risk calculations
• Build and refine derivatives pricing models that balance accuracy, stability, and low latency
• Own core components of the firm's pricing library and calculation infrastructure
• Collaborate with quants and engineers to ensure models are robust and production-ready
• Contribute across the full lifecycle from research and implementation to validation and optimization
• Write clean, maintainable production code in C++ and Java

What they're looking for

• 5+ years experience in trading or financial pricing/risk systems
• Strong understanding of derivatives pricing and options/volatility modeling
• Proficiency in C++ and/or Java with production systems experience
• Background in mathematics, physics, computer science, or quantitative field
• Advanced numerical techniques (PDE methods, numerical analysis)
• Ability to translate quantitative models into scalable systems
• Experience collaborating with quants and technical stakeholders
• Knowledge of numerical stability, convergence, and error propagation

Benefits

• Base salary $175,000–$250,000 USD
• Discretionary bonus eligibility
• Paid leave
• Insurance coverage
• Global trading firm culture with emphasis on collaboration