Quant Research Intern: Build ML Models for Multi-Asset Trading

DRW Holdings, LLC.; Greater London; On-site; GBP 20,000 - 30,000; Full time

Benefits offered by this job

Fully furnished housing near office

Mentorship program

Technical coursework on options & HPC

Job summary

DRW Holdings, LLC. invites talented students to join its Quantitative Research Internship in London.

You will tackle challenging problems in a trading environment using statistics, ML, and derivatives pricing theory, with access to the team’s research infrastructure for back-testing and validation. Day-to-day work includes modeling, data analysis across asset classes, and collaboration with traders and researchers.

Qualifications

• Pursuing a Bachelor's, Master's or PhD in a technical discipline with focus on Statistics, Optimisation, Machine Learning, AI, Quantitative Finance or related fields graduating between December 2027 and October 2028.
• Proficiency in Python programming with the Python ML stack: NumPy, Pandas, scikit-learn, etc.
• Proficient programming skills with experience exploring large datasets.
• Strong analytical and problem-solving skills with a solid foundation in statistics.
• Working knowledge of probability theory, stochastic calculus and numerical methods (finite differences, Monte Carlo).
• Some exposure to NLP and/or High-Performance Computing is a plus.
• Excellent written and verbal communication to report results and methodologies.
• Bonus if published in top-tier NLP or HPC journals.

Responsibilities

• Create practical solutions to problems presented in the trading environment on either a systematic equity trading desk or a fixed income options desk
• Conduct statistical analysis of market data, historical trends, and relationships across multiple asset classes
• Formulate and apply mathematical modeling, quantitative methods and machine learning techniques to identify and capture trading opportunities
• Work closely with traders and researchers to build and refine research infrastructure and tools

Job description

DRW Holdings, LLC. invites talented students to join its Quantitative Research Internship in London.

You will tackle challenging problems in a trading environment using statistics, ML, and derivatives pricing theory, with access to the team’s research infrastructure for back-testing and validation. Day-to-day work includes modeling, data analysis across asset classes, and collaboration with traders and researchers.