{"schemaVersion":"jobsearcher.job.v1","id":"aab5d48bad8451036bd3cfbb","url":"https://jobsearcher.com/jobs/aab5d48bad8451036bd3cfbb","canonicalUrl":"https://jobsearcher.com/jobs/aab5d48bad8451036bd3cfbb","title":"Quantitative Developer - Derivatives","description":"We're looking for a Quantitative Developer - Derivatives to join our Chicago office.\r\nAt IMC, the Pricing and Risk (PAR) team owns the firm's core quantitative library for live derivatives pricing and risk. This library sits directly in the critical path of our HFT market making systems and serves as the real-time source of truth for valuation across all strategies. It is both foundational and constantly evolving, with extremely high expectations for performance and correctness.\r\nThe platform runs at scale across thousands of servers and is developed collaboratively across desks and regions. The team works closely with global counterparts to ensure consistency in how derivatives are modeled and priced across the firm.\r\nOur primary focus is options and volatility modeling, alongside support for a broader set of asset classes including fixed income, ETFs, and FX.\r\nThis role sits at the intersection of quantitative modeling and high-performance engineering, similar to roles often titled Quant Developer or Strategist.\r\nResponsibilities\r\nDesign and implement high-performance numerical algorithms for pricing and risk\r\nBuild and improve models that reflect real market behavior, balancing accuracy, stability, and latency\r\nOwn core components of the firm's pricing library, from models to calculation graphs to central infrastructure\r\nWork closely with quants and engineers to ensure models are robust, explainable, and production-ready\r\nContribute across the full lifecycle: research, implementation, validation, and performance optimization\r\nWrite clean, maintainable production code in C++ and Java\r\nSkills and Experience\r\n5+ years of experience in a trading or financial environment working on pricing or risk systems\r\nStrong understanding of derivatives pricing, especially options and volatility\r\nSolid background in mathematics, physics, computer science, or a related quantitative field\r\nExtensive C++ and/or Java skills, with experience building production systems\r\nExperience working closely with quants, traders, or similarly technical stakeholders\r\nAbility to translate quantitative models into reliable, scalable systems\r\nExperience with PDE methods or other advanced numerical techniques is a strong plus\r\nFamiliarity with numerical analysis (stability, convergence, error propagation) is a plus\r\nBase Salary range for the role is $175,000 — $250,000 USD.\r\nAll full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance.\r\nJ-18808-Ljbffr","company":"Imc Bv","rawCompany":"imc bv","city":"Chicago","state":"IL","isRemote":false,"isActive":true,"createdAt":"2026-06-25T01:16:33.572Z","occupations":[{"code":"13-2099.01","title":"Financial Quantitative Analysts","slug":"financial-quantitative-analysts"},{"code":"15-1252.00","title":"Software Developers","slug":"software-developers"},{"code":"15-2021.00","title":"Mathematicians","slug":"mathematicians"}],"industries":[{"code":"523150","title":"Investment Banking and Securities Intermediation","slug":"investment-banking-and-securities-intermediation"},{"code":"523940","title":"Portfolio Management and Investment Advice","slug":"portfolio-management-and-investment-advice"},{"code":"513210","title":"Software Publishers","slug":"software-publishers"}],"jobPosting":{"@context":"https://schema.org","@type":"JobPosting","title":"Quantitative Developer - Derivatives","description":"We're looking for a Quantitative Developer - Derivatives to join our Chicago office.\r\nAt IMC, the Pricing and Risk (PAR) team owns the firm's core quantitative library for live derivatives pricing and risk. This library sits directly in the critical path of our HFT market making systems and serves as the real-time source of truth for valuation across all strategies. It is both foundational and constantly evolving, with extremely high expectations for performance and correctness.\r\nThe platform runs at scale across thousands of servers and is developed collaboratively across desks and regions. The team works closely with global counterparts to ensure consistency in how derivatives are modeled and priced across the firm.\r\nOur primary focus is options and volatility modeling, alongside support for a broader set of asset classes including fixed income, ETFs, and FX.\r\nThis role sits at the intersection of quantitative modeling and high-performance engineering, similar to roles often titled Quant Developer or Strategist.\r\nResponsibilities\r\nDesign and implement high-performance numerical algorithms for pricing and risk\r\nBuild and improve models that reflect real market behavior, balancing accuracy, stability, and latency\r\nOwn core components of the firm's pricing library, from models to calculation graphs to central infrastructure\r\nWork closely with quants and engineers to ensure models are robust, explainable, and production-ready\r\nContribute across the full lifecycle: research, implementation, validation, and performance optimization\r\nWrite clean, maintainable production code in C++ and Java\r\nSkills and Experience\r\n5+ years of experience in a trading or financial environment working on pricing or risk systems\r\nStrong understanding of derivatives pricing, especially options and volatility\r\nSolid background in mathematics, physics, computer science, or a related quantitative field\r\nExtensive C++ and/or Java skills, with experience building production systems\r\nExperience working closely with quants, traders, or similarly technical stakeholders\r\nAbility to translate quantitative models into reliable, scalable systems\r\nExperience with PDE methods or other advanced numerical techniques is a strong plus\r\nFamiliarity with numerical analysis (stability, convergence, error propagation) is a plus\r\nBase Salary range for the role is $175,000 — $250,000 USD.\r\nAll full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance.\r\nJ-18808-Ljbffr","datePosted":"2026-06-25T01:16:33.572Z","dateModified":"2026-06-25T01:16:33.572Z","hiringOrganization":{"@type":"Organization","name":"Imc Bv","sameAs":"https://jobsearcher.com"},"jobLocation":{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"Chicago","addressRegion":"IL","addressCountry":"US"}},"identifier":{"@type":"PropertyValue","name":"JobSearcher","value":"aab5d48bad8451036bd3cfbb"},"url":"https://jobsearcher.com/jobs/aab5d48bad8451036bd3cfbb"}}