IMC – Where Technology drives Trading

Trading nowadays happens in a highly competitive technological landscape; the best trading idea alone doesn’t cut it anymore. Instead, only the best trading ideas that are enabled via robust, scalable and fast technology win.

Are you someone who is passionate about challenging the status quo? Do you enjoy the process of problem solving, a process where you recognize areas of improvement and iterate and innovate to improve? Does your curiosity and desire to learn drive you? 

Operations Analyst

Key Accountabilities

• Perform intraday and next day trade reconciliation.
• Identify and resolve trade/settlement breaks, conduct analysis to determine root causes, and ensure timely corrections at clearing firm.
• Work with IT and Trading to ensure proper trade flow; on-board new exchanges, clearing firms, and trading platforms.
• Understand the life of a trade from the time it is executed to the time it settles in the account, including the fees associated with each transaction.
• Liaise between clearing firms and trading; open new accounts and execute position/trade/cash transfers.
• Monitor high level account balances and margin/collateral requirements in conjunction with risk; execute transfers to properly fund accounts and lower margin requirements.
• Calculate daily P&L.
• Work with exchanges and outside vendors to reconcile fees.
• Work with IT and trading to establish connectivity to the exchanges.
• Quickly learn new tools/procedures/structures and continually analyze and look for ways to improve upon them
• Work with large amounts of data and create ad hoc reports as needed; look for long term solutions for reporting
• Work in cross functional teams to create solutions across multiple departments and to improve quality and efficiency within support
• Interact with other areas of support on a daily basis and understand important risk, compliance, finance, and legal topics

Knowledge and skill requirements

• Bachelor's in Finance, Economics, Mathematics, or related quantitative field (B.S. preferred)
• 1-2 years work experience in finance or trading environment preferred but not required
• Prior interaction with trading and technology groups a plus
• Strong MS Office application skills (VBA knowledge a plus)
• Database knowledge a plus (SQL preferred)
• Must have series 7 or be prepared to get series 7 within 6 months of hire
• Strong analytical and problem solving skills
• Adaptable and able to work well under pressure
• Team player with strong communication skills
• Ability to gather and communicate business requirements

OUR CULTURE:

We are at the core a trading firm, however we value trading and technology equally and we believe that cooperation between traders and technologists is one of our great strengths. This is also reflected in our organizational and remuneration policies. We believe in fostering a truly flat environment in which great ideas can be recognized as well as put into practice from anybody within our organization.

WHO WE ARE:

IMC is among the world’s leading proprietary trading firms, and a market maker in securities listed on exchanges across the globe. Our cutting-edge technology drives everything we do. High performance algorithms, smart strategies and collaborative teams are the core of our business.

Today, IMC is 600+ people working together to build software and trade financial products in our offices in Amsterdam, Chicago and Sydney. What does this mean for you? The chance to join a multi-national, multi-cultural team of exceptional individuals, focused on making IMC the world’s best trading firm.