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IMC Trading Australia

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4.5
  • 500 - 1,000 employees

Trader Intern (Feb 2024)

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

  • New Zealand

    New Zealand

Location

Sydney, New Zealand

Opportunity expired

Opportunity details

  • Opportunity typeInternship, Clerkship or Placement
  • SalaryAUD 200000 / Year
  • Number of vacancies1 vacancy
  • Application open dateApply by 31 May 2024
  • Start dateStart date 18 Feb 2024 - 30 Jan 2025

We trade a wide range of financial instruments in many different ways. This means we look for different types of traders, from the quantitative minds who enjoy the mathematical side of trading to those who want more of the fast-paced, hands-on style of trading and have a higher appetite for risk.

Our traders all share one thing in commonโ€”they are at their best when solving complex problems. Their insights into global events, market shifts and pricing ensure that we always trade in the right place, at the right time.

Our 10-week trading internship is your chance to experience life as a trader at IMC. Youโ€™ll have all the support you need to succeed: a mixture of hands-on and classroom training and a mentor overseeing your work and professional development. Where you go from here is up to you โ€“ the majority of our interns secure a graduate position at the end of the program.

Your Core Responsibilities: 

  • From day one, you are immersed in real projects, complex problem solving and opportunities to learn from some of the industryโ€™s strongest Traders and Engineers.
  • See what it is like to be a Trader at IMC; develop your trading skills and strategies with our in-house trading simulation
  • Learn about the trading industry and market-making.
  • Work collaboratively in an environment where creativity, teamwork and innovation are recognised and rewarded.
  • Be supported by a mentor who will oversee your progress and professional development.
  • Have the opportunity to secure a full-time role with IMC once you graduate. 

Your Skills and Experience: 

  • An academic background in Science, Engineering, Mathematics, Statistics, Actuaries, Finance or Economics, with a minimum Distinction average or equivalent.
  • Commenced your penultimate year of study.
  • Strong analytical skills and desire to solve complicated problems.
  • The ability to make decisions in uncertainty and remain focused under pressure.
  • A genuine passion for financial markets (no prior knowledge or experience is required).
  • The ability to commence in November 2024.

About Us 

IMC is a leading global market maker with offices in Europe, the US, and Asia-Pacific. We use algorithmic trading and advanced technology to buy and sell securities across multiple trading venues. Our vital role at the center of the financial markets provides liquidity for buyers and sellers worldwide.

In the late 1980s, IMC quickly identified the importance of technology in the fast-evolving trading environment. Our passion for innovation continues to drive us today. Although our company has grown rapidly over recent decades, we still approach our work with the same entrepreneurial spirit, emphasizing continuous improvement and innovation. We like our people to think for themselves, and we give them the responsibility and support they need to make an impact.

Work rights

The opportunity is available to applicants in any of the following categories.

Work light flag
Australia
Australian Citizen โ€ข Australian Permanent Resident โ€ข Australian Work Visa (All Other)

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Qualification level
Qualification level
Associate Degree or higher
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Working rights
    Australian Citizen
  • Study fields
    Engineering & Mathematics
  • Degree typesAssociate Degree or higher
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Reviews

user
Graduate
Sydney
โ€ข
2 years ago

I work on a project to simplify some parts of the trading system. I start the day with looking at emails and a standup meeting. Then, I review other people's code or start brainstorming/designing/coding myself. Sometimes there are urgent bug fixes that need to be done, so that would be prioritised over my other to-dos.

user
Graduate
Sydney
โ€ข
2 years ago

The role is extremely autonomous and requires a large amount of personal ambition to push forward - which is good for someone with drive and creativity. Daily roles include creating new strategies and improving current production environments

user
Graduate
Sydney
โ€ข
2 years ago

Operate and delegate tasks to others to ensure systems are healthy and running correctly Troubleshoot and collaborate with others on problems that may arise Provide detailed analysis of the systems I operate Roll out new features and take responsibility for them.

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About the employer

IMC logo

IMC Trading Australia

Rating

4.5

Number of employees

500 - 1,000 employees

Industries

Trading

IMC fuse cutting-edge technology, creative freedom, and quick iteration to empower the worldโ€™s most intelligent people in technology-driven trading.

Pros and cons of working at IMC Trading Australia

Pros

  • The people are great! It's a super collaborative environment which makes it perfect for learning as a grad. Most people aren't from Sydney which also means it's easy to make friends.

  • There is an awesome culture, everyone is super supportive, they give you a lot of responsibility and trust straight away.

  • Interesting domain, intelligent people, great perks (breakfast, lunch, dinner, multiple excursions etc.)

  • IMC provides many employee benefits and care about the well-being of their employees. The culture at IMC is also very different from the usual HFT firms. There are also a lot of opportunities to collaborate with other offices in various challenging projects. IMC gives a lot of support to charity foundations which help tackle different world problems such as education, primary needs and health care.

  • Responsibility is given to employees as they start out - it's a great way to prove your talent. Grads are often recognised for their contributions. Hard work, clever thinking and collaboration are at the centre of the culture The work is intellectually stimulating and challenging - there is never a boring day at work.

Cons

    • Can be stressful at times, but comes with the job.

    • Trading can introduce stress sometimes. But that's the nature of trading.

    • We have abundant of food, which more often than not gets thrown away once they are expired.

    • Slightly flat hierarchy makes it difficult to ascertain certain career pathways.

    • Sometimes leftover overnight food is thrown away.