Systems and methods are disclosed for compensating I-Q imbalance in a wireless receiver. The receiver may employ a quadrature downconverter configured to receive an RF signal input and output an in-phase component and a quadrature component at an IF, an IF rotation block configured to downconvert the in-phase and quadrature components to baseband and an I-Q correction block configured to compensate for an I-Q imbalance in the received signal, wherein the I-Q correction block is positioned downstream from the IF rotation block in the signal path. Performing the I-Q correction after conversion to baseband may allow the compensation calculations to operate at a reduced digital rate. Similarly, digitally adjusting the gain of the signal prior to I-Q compensation may reduce the number of bits that are manipulated during the compensation process. These features may represent significant efficiencies as compared to I-Q corrections performed at IF.