Strong academic performance in math, statistics, physics, engineering, computer science or related fields.
Experience or enthusiasm for working with data in a research-focused setting.
Proficiency in high-level programming languages, especially Python.
Excellent abstract reasoning and problem-solving skills, with a foundation in probability and statistics.
Active enrollment in a full-time degree program, ideally nearing completion.
Responsibilities
Engage in a research project using various statistical modeling techniques.
Develop software applications to analyze financial datasets.
Work closely with a mentor from a quantitative research team.
Collaborate effectively with quantitative analysts, developers, and senior representatives.
Benefits
Monthly base salary of $25,000.
Overtime pay and a sign-on bonus of $25,000.
Coverage for travel to and from the internship.
Choice of furnished summer housing or a $10,000 housing allowance.
$3,300 stipend for self-study materials.
$4,000 stipend for personal technology equipment.
Full Job Description
What you'll do day-to-day
Work on a research project that typically involves exploring a variety of statistical modeling techniques and writing software to analyze financial data.
Collaborate with a dedicated mentor in one of our quantitative research groups, and work closely with quants, developers, and senior staff.
What we're looking for
An impressive record of academic achievement, including advanced coursework in fields such as math, statistics, physics, engineering, computer science, or other technical and quantitative programs.
Interest or experience working in a data-driven research environment, including manipulation of data using high-level programming languages such as Python, is preferred.
An exceptional aptitude for abstract reasoning, problem solving, and quantitative thinking, in addition to prior probability and statistics knowledge, is a plus.
An interest in learning about quantitative finance; no previous finance experience is necessary.
Enrollment in a full-time degree program; students who apply to this internship are usually approaching their final year of full-time study.
The position offers a monthly base salary of $25,000, overtime pay, a sign-on bonus of $25,000, travel coverage to and from the internship, and a choice of furnished summer housing or a $10,000 housing allowance. It also includes a $3,300 stipend for self-study materials and a $4,000 stipend for personal technology equipment. If you have questions about the compensation, please ask one of our recruiters.