Quantitative Risk Manager

IMC is hiring a Quantitative Risk Manager in Mumbai, India. Level rates it ; you can apply on IMC.

Level's read on this job

Level rates this role Little AI ●○○○: aI is not part of the work.
The posting mentions Python, risk management and quantitative analysis among its tools and skills.
Level classes it as a mid-level role.
IMC has 167 other open roles on Level.

AI in this role

Monitor and measure market risk exposure, build backtesting models, and design Python-based risk management tooling for trading activities.

python

risk-managementquantitative-analysisstress-testingoptions-theorybacktesting

IMC is looking for a Quantitative Risk Manager to join our growing Risk team in Mumbai. You will identify and assess risks across our trading activities, design appropriate controls, and build the metrics and tools we use to monitor market and operational risk

Your Core Responsibilities:

Monitor and measure the market risk exposure of our trading activities, partnering closely with trading desks to recommend strategy adjustments and risk mitigation ahead of adverse events
Build independent backtesting models to challenge trading strategies, evaluating performance with risk-adjusted metrics such as Sharpe, Sortino and Calmar ratios
Track market developments and the macro calendar, and run stress tests and scenario analyses to assess potential impacts on the trading book
Utilize Python-based tools and libraries for stress testing, and scenario analysis as well as generally designing and contributing to local risk management tooling
Work with global risk, trading, software development and data engineering teams to design and deploy risk controls within IMC’s proprietary global risk management and trading systems
Drive the operational incident management process with key stakeholders to structurally improve infrastructure, processes and governance
Ensure adherence to regulatory requirements and internal risk policies
Train and support traders on risk tools, methodologies and best practices

Your Skills and Experience

3+ years of relevant experience in capital markets, e.g. at a trading firm, bank or asset manager
Bachelor's or master's degree in a quantitative field, with strong academic performance
FRM/ CFA/ CQF preferred but not required
Proficiency in Python, with demonstrated experience in data analysis, scripting, and dashboard or tool development
Strong understanding of options theory, including Greeks, volatility, and pricing dynamics
Excellent verbal and written communication skills, with the confidence to challenge traders constructively
A proactive problem-solver who thrives in a fast-paced, high-pressure environment
Experience analysing and managing risk across a portfolio of equities, futures, and options
Familiarity with stress testing methodologies and risk management frameworks

About Us

IMC is a research-driven trading firm where quantitative modeling, machine learning, and engineering shape how modern markets are traded. A stabilizing force in markets since 1989, we provide liquidity across trading venues, delivering the best outcome in value and risk management to investors. Using our own technology and capital, we build proprietary systems and algorithms that operate across global markets. Our researchers, traders, and engineers work as a collective, combining rapid experimentation, advanced infrastructure, and real-time feedback to turn insight into execution and execution into advantage.

How we rate this

Quantitative Risk Manager at IMC rates 10 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Key facts

Quantitative Risk Manager is an open job at IMC.
Level rates this role AI Level 1 of 4: Little AI.
The role is based in Mumbai, India.
The job was posted on September 25, 2026.
Seniority: mid.
Applications are handled by IMC. Apply on IMC

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Risk ManagementQuantitative AnalysisStress TestingOptions TheoryBacktestingPython

Questions you could be asked

Tell me about a project where risk management was part of your work. What did you do?
Tell me about a project where quantitative analysis was part of your work. What did you do?
Tell me about a project where stress testing was part of your work. What did you do?
Tell me about a project where options theory was part of your work. What did you do?
Tell me about a project where backtesting was part of your work. What did you do?

Adapt your resume

List these exact terms on your resume: Risk Management, Quantitative Analysis, Stress Testing, Options Theory, and Backtesting. An applicant tracking system matches the wording, not the idea.
Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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