Quantitative Research Intern

49 minutes agoInternSalary: 250K - 300KChicago, New York City Internship Research Jobs by DRW

Skills

Algorithmic Trading Artificial Intelligence Back-Testing Data Analysis High-Performance Computing Machine Learning Natural Language Processing Numerical Algorithms Numpy Optimization Pandas Probability Python Scikit-Learn Simulation Statistics Stochastic Calculus

Candidate Availability

Austin · Preferred Chicago · Preferred Greenwich · Preferred Houston · Preferred New York · Preferred Chicago · Required New York City · Required United States · Required

Required and preferred rules are kept separate and reflect the wording in the original posting.

About the Role

You solve challenging trading-environment problems using statistical algorithms, machine learning techniques and derivatives pricing theory. You analyze market data, develop mathematical models, build research infrastructure, and use simulation, back-testing and validation tools to evaluate trading strategies.

Requirements

Pursuing a Bachelor’s, Master’s or PhD in a technical discipline
Focus on statistics, optimization, machine learning, artificial intelligence, quantitative finance or related fields
Graduation between December 2027 and August 2028
Python proficiency with numpy, pandas and scikit-learn
Experience exploring large datasets
Strong analytical and problem-solving skills
Knowledge of statistics, probability theory, stochastic calculus and numerical algorithms
Written and verbal communication skills

Responsibilities

Create solutions to trading-environment problems
Conduct statistical analysis of market data
Analyze historical trends and relationships across asset classes
Apply mathematical modeling and machine learning techniques
Work with traders and researchers to build research infrastructure and tools

Benefits

Fully furnished apartments near the office
Educational activities
Social activities
Team-building activities
Mentorship
Options course
Technology immersion course