Quantitative Researcher - PhD Intern (Asia)

Citadel LLC; Hong Kong; On-site; HKD 30,000 - 50,000; Full time

Job summary

Citadel LLC is offering a Quantitative Researcher internship in Hong Kong as part of an 11-week program designed to develop innovative models and trading strategies. Interns will work alongside senior team members and engage in networking opportunities within the firm.

The role requires a PhD in a quantitative domain such as mathematics or statistics, with a strong emphasis on analytical and programming skills. Candidates will be challenged to design and back-test mathematical models that drive investment strategies.

Qualifications

• PhD degree in a quantitative field with strong mathematical skills.
• Experience with translating algorithms into code.
• Ability to manage multiple tasks in a fast-paced environment.

Responsibilities

• Conceptualize and develop valuation strategies and mathematical models.
• Back test trading models in a live trading environment.
• Conduct research and statistical analysis for trading signals.

Skills

Probability and statistics

Machine learning

Time-series analysis

Pattern recognition

Natural Language Processing (NLP)

Education

PhD in mathematics, statistics, physics, computer science or related field

Tools

Python

R

C++

Job description

At Citadel, our mission is to be the most successful investment team in the world. Quantitative Researchers play a key role in this mission by developing next-generation models and trading approaches for a range of investment strategies. 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 get to challenge the impossible in 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.

Our signature internship program takes place June through August. Occasionally, we can be flexible to other times of the year. You will be able to indicate your timing preference in the application.

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

• PhD 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 available in Singapore and Hong Kong.