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

Operations Analyst

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LIFE AT IMC AS AN OPERATIONS 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.

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; onboard 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/reconcile 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 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 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 of work experience in finance or trading environment preferred but not required
  • Prior interaction with trading and technology groups is a plus
  • Strong MS Office application skills
  • Database knowledge a plus (SQL preferred)
  • Experience with reporting platforms a plus (Qlikview 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 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 look at some 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
Chicago, Sydney, London, Hong Kong, Seoul, New York, Zug, and Mumbai.

FOOD'S ON US: We’ve got your lunches covered! Available daily, in addition to stocked kitchens. Choose from a variety of different restaurants each weekday – your meal is delivered to the office.

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

PLANES, TRAINS & AUTOMOBILES: Commuting is a part of life in Chicago, so we cover up to $130 per month toward public transportation or a discounted parking garage.

GET COVERED: Your well-being is our priority. Medical, dental, and vision premiums are covered 100% for you and your dependents. We also cover 100% of Short Term Disability, Long Term Disability, and Life Insurance premiums. Additionally, our paid parental leave policy offers 16 weeks of paid parental leave for primary caregivers, and 15 paid days 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 IMC Weekend Away – an all-inclusive trip where you and your colleagues can relax and have fun together at a fantastic vacation destination.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Employee resource groups
Employee-led culture committees
Hybrid work model
In-person all-hands meetings
Employee awards
Flexible work schedule
Remote work program
Diversity
Mandated unconscious bias training
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
Wellness programs
Team workouts
IMC's team fitness initiatives include sponsored race teams as well as virtual/in-person 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
Adoption Assistance
Restricted work 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
Flexible time off
Bereavement leave benefits
Office Perks
Commuter benefits
Company-sponsored outings
IMC hosts a company weekend trip each year.
Free daily meals
We provide free breakfast and lunch every day.
Free snacks and drinks
Some meals provided
IMC also provides Happy Hour meals weekly, in addition to daily breakfast and lunch.
Company-sponsored happy hours
Onsite office parking
Recreational clubs
Relocation assistance
Fitness stipend
Home-office stipend for remote employees
Meditation space
Mother's room
Onsite gym
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
Promote from within
Mentorship program
Continuing education stipend
Continuing education available during work hours
Online course subscriptions available
Customized development tracks
Paid industry certifications
Personal development training
Virtual coaching services
Apprenticeship programs

Additional Perks + Benefits

We strive to update and adjust our perks in alignment with what our employees value! We keep a consistent pulse on our offerings, and are always willing to listen to IMCers' suggestions on how to improve our workplace.

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