IMC Trading
IMC is a proprietary trading firm and market maker in various products listed on exchanges globally.
Chicago, IL
Hybrid

Macro Commodities Analyst

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LIFE AT IMC AS A MACRO COMMODITIES ANALYST

WHO WE ARE AND WHAT WE DO

IMC is a leading global market maker, using algorithmic trading and advanced technology to buy and sell securities on multiple trading venues worldwide. We provide liquidity to the financial markets, driving efficiencies for buyers and sellers.

Founded in 1989, we are an ambitious, innovative company and identified early on the importance technology would play in the fast-paced evolution of trading. This entrepreneurial spirit still drives us today and can be found in all of our offices around the world.

OUR TEAM

We now operate globally from offices in Europe, the US and Asia Pacific. Our employees work closely together in multidisciplinary teams, making our success possible.

Technology - At IMC, technology is not a department, it is at the heart of everything we do. Our technologists push the limits of possibility, and then look beyond. In our fast-paced environment, short feedback loops mean projects worked on in the morning can enter production the next day.

Trading – Although our traders come from many backgrounds they all have one thing in common: they are at their best solving complex problems. Their insight into global events, market shifts and pricing ensure we are trading in the right place, at the right time.

Business Support - Around the world, IMC’s business support teams are essential for sustaining our success. In our dynamic environment, we have many exciting challenges and multidisciplinary opportunities to shape our operations and make a real impact.

OUR CULTURE

Our employees are our greatest asset so we give them lots of responsibility and the support they need to make a difference. Our flat structure fosters a culture of openness and collaboration, encouraging the sharing of ideas and knowledge. It makes no difference if you have been with us for three days or three years, the best idea wins.

While we work hard, we also have a lot of fun; whether solving complex challenges or in team building, leisure and sporting activities. IMC also enables its employees to contribute towards a better society through our foundation.

IMC Trading is looking for a Commodity Analyst to join its trading team. In this role, you will monitor macro and micro trends in commodity products, evaluate event risk, and will generate trading strategies around price or volatility of a commodity based on fundamental or data driven analysis of market opportunities. You will work closely with other analysts and the trading team with the goal of expanding our trading opportunities. You will also build out and set the direction of fundamental analysis on the commodities trading team.

Activities

  • Perform daily analysis of the fundamentals in the Commodities market, with complete understanding of the market structure along with daily and emerging risks.
  • Develop, enhance, and execute complex tools, models, and processes to forecast and describe price, supply and demand, relative value and global trends across multiple commodities. Develop models around macro events like the Russian invasion of Ukraine or OPEC meetings and impact on commodity prices as well as implied/realized volatility.
  • Provide timely, accurate, and actionable insights, including understanding of intraday moves in commodity markets to the trading team.
  • Broad understanding of macro-economic fundamentals.
  • Produce analyses on market moving events, investment themes, trade ideas and markets trends, with a focus on the options market
  • Analyze and understand systematic or structural flow in commodities options markets including options usage by producers, refiners and consumers.
  • Interacting with sell-side sales and research contacts globally
  • Evaluate and improve data quality

Skills & Experience

  • Familiarity with options modeling and pricing, and/or experience working with options traders.
  • Proven expertise at macro investing; specifically converting macro ideas into portfolio investments. Developing and evaluating trade ideas that involve fundamental catalysts or valuation insights
  • Connections at large Prime Brokerages/hedge fund sales teams
  • Prior Commodity Analyst experience including familiarity with various research platforms
  • Education: Preferred degree in economics, finance, business or a related engineering degree
  • Programing knowledge to manipulate data in Python, R etc. is strongly desired but not essential
  • Cross-asset knowledge (fixed income, commodities, FX, equities)
  • Drive to improve and perfect the team’s market coverage
  • Team player that can collaborate intensively on a daily basis
  • Ability to manage multiple tasks and thrive in a fast-paced team environment

OUR HIRING PROCESS

To set you up for success, you can find our hiring process including tips on applying and interviewing with us on our website. Now it’s up to you! Apply today to start an amazing journey with IMC.

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What are IMC Trading Perks + Benefits

IMC Trading Benefits Overview

At IMC we believe in taking care of our people. But don’t just take our word for it, here’s a taste of the perks you can expect when you work at IMC Chicago:

GO GLOBAL: With IMC, your success can take you around the world — or at the very least to our offices in Amsterdam and Sydney.

FOOD'S ON US: We’ve got your weekday breakfast, lunch and snacks covered! Choose from a variety of different restaurants daily – your meal is delivered right to the office.

PLAN AHEAD: We’ll match your 401K contributions dollar-for-dollar, up to 4% of your base salary.

TRANSPORTATION: Commuting is a part of life in Chicago, so we cover up to $130 per month toward parking, public transportation or a bike-share membership.

GET COVERED: Your well-being is our priority. We offer fully paid medical, dental, and vision insurance as well as STD, Life, and LTD. Additionally, our parental leave policy offers 16 weeks of paid primary caregiver leave and 15 days of paid parental leave for non-primary caregivers.

GIVE BACK: The IMC Foundation supports non-profits around the world, as well as the causes that matter to you. We’ll match your donations and support your community service.

SWEAT IT OUT: We’ll reimburse you for gym or fitness studio memberships, workout apps, and race registrations so you can stay active in ways that motivate you. In the event you overdo it, take advantage of our free, 20-minute on-site massages.

SPECIAL EVENTS: At IMC we celebrate with events such as concerts, a summer family BBQ,  Cubs games, our annual holiday party, sports teams, and cross-team dinners…just to name a few! We also come together for our annual Weekend Away – a trip where you and your colleagues can hang out at a surprise location!

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Documented equal pay policy
Highly diverse management team
Mandated unconscious bias training
Diversity manifesto
Mean gender pay gap below 10%
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
IMC offers pet insurance and emergency pet care. Unfortunately, we do not allow pets onsite due to the WIllis Tower building restrictions.
Wellness programs
Team workouts
IMC's team fitness initiatives include sponsored race teams as well as virtual fitness sessions including Barre, Yoga, HIIT, Meditation and more!
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Childcare benefits
Generous parental leave
Family medical leave
Restricted work hours
IMC employees are encouraged to communicate with their managers and re-prioritize tasks/projects to avoid working outside business hours.
Return-to-work program post parental leave
Company sponsored family events
Fertility benefits
Vacation & Time Off Benefits
Generous PTO
Paid volunteer time
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Company-sponsored outings
IMC hosts a company weekend trip each year.
Free daily meals
We provide free breakfast, lunch and snacks every day. We also have our own in-office barista!
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Onsite office parking
Pet friendly
IMC offers pet insurance and pet care, however pets are unfortunately not allowed in the Willis Tower.
Recreational clubs
Relocation assistance
Fitness stipend
Home-office stipend for remote employees
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Depended on individual needs.
Lunch and learns
Promote from within
Mentorship program
Continuing education stipend
Depended on individual needs.
Continuing education available during work hours
Online course subscriptions available
Customized development tracks
Paid industry certifications
Depended on individual needs.

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