Quantitative Research Analyst Intern - BS/MS (Europe)

Citadel Enterprise Americas LLC; City Of London; On-site; GBP 23,000 - 27,000; Full time

Job summary

Citadel Securities offers an 11-week quantitative research internship. You will work with senior team members to apply rigorous statistics to financial markets and develop automated trading ideas.

Responsibilities include conceptualizing valuation models, back-testing trading strategies, using unconventional data, and analyzing monetization of signals. Proficiency in Python, R, or C++ is expected, with strong communication throughout the program.

Qualifications

• Bachelor's or master's degree in mathematics, statistics, physics, computer science, or another highly quantitative field.
• Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis, pattern recognition, NLP).
• Prior experience in a data-driven research environment.
• Experience translating mathematical models and algorithms into code (Python, R or C++).
• Independent research experience and ability to manage multiple tasks in a fast-paced team.

Responsibilities

• Conceptualize valuation strategies, develop and refine mathematical models.
• Back test and implement trading models and signals in a live trading environment.
• Use unconventional data sources to drive innovation.
• Conduct research and statistical analysis to monetize trading signals.

Skills

Probability & stats

Data-driven research

Translate models into code

Independent research

Multitasking

Analytical skills

Communication skills

Education

Bachelor's or master's degree in mathematics, statistics, physics, computer science

Tools

Python

R

C++

Job description

At Citadel Securities, a leading global market maker, our team of quantitative researchers models the markets and brings trading strategies to life every day. Specifically, this team develops and tests automated quant trading strategies using sophisticated statistical techniques. You'll get to challenge the impossible in quantitative research by applying sophisticated and complex statistical techniques to financial markets, some of the most complex data sets in the world.

As an intern, you’ll dive into research through an 11 week program that will allow you to collaborate and connect with senior team members. In addition, you’ll get the opportunity to network and socialize with peers throughout the internship.

Your Objectives

• Conceptualize valuation strategies, develop, and continuously improve upon mathematical models and help translate algorithms into code
• Back test and implement trading models and signals in a live trading environment
• Use unconventional data sources to drive innovation
• Conduct research and statistical analysis to build and refine monetization systems for trading signals

Your Skills & Talents

• Bachelor's or master's degree in mathematics, statistics, physics, computer science, or another highly quantitative field
• Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis, pattern recognition, NLP)
• Prior experience working in a data driven research environment
• Experience with translating mathematical models and algorithms into code (Python, R or C++)
• Independent research experience
• Ability to manage multiple tasks and thrive in a fast-paced team environment
• Excellent analytical skills, with strong attention to detail
• Strong written and verbal communication skills

Opportunities may be available from time to time in any location in which the business is based for suitable candidates.