2027 Software Engineering Intern

Schonfeld; New York (NY); On-site; USD 24,000 - 28,000; Full time

Job summary

Schonfeld is offering a ten-week summer internship with the Software Engineering team in the Technology division. You will design, develop, deploy, and support applications, work in an Agile environment, and contribute to high-profile projects alongside experienced engineers.

You may join Treasury Technology or Compliance Technology, gain mentorship, attend learning sessions, and showcase your work at the end of the program. A full-time offer may be extended after successful completion.

Qualifications

• Pursuing a technical or quantitative degree.
• Demonstrated software engineering skills from internships or competitions.
• Interest and experience in programming languages such as C++, Java, Python.

Responsibilities

• Work with senior developers to write and deploy software.
• Contribute to the research and trading platform with Agile practices.
• Present summer-long projects to team and mentors.

Skills

C++

Java

Python

Git

Problem solving

Finance interest

Education

Student pursuing technical degree

Tools

Git

SQL

Job description

The Role

We are excited to offer an opportunity for exceptional individuals to join the internship program at Schonfeld. You’ll spend ten weeks with an experienced software engineering team within the Schonfeld Technology division where you will be immersed in the culture and atmosphere of Schonfeld, working alongside talented professionals on high profile projects.

The Role

We are excited to offer an opportunity for exceptional individuals to join the internship program at Schonfeld. You’ll spend ten weeks with an experienced software engineering team within the Schonfeld Technology division where you will be immersed in the culture and atmosphere of Schonfeld, working alongside talented professionals on high profile projects.

Software Engineers at Schonfeld take on a wide range of responsibilities and challenges. They design, develop, deploy and support existing applications as well as new features and platforms. They participate in an Agile framework, continuously improving and expanding platform capabilities.

You may be assigned to one of the following technology teams:

Treasury Technology

team: delivers advanced systems for securities lending, financing, repo trading, FX hedging, collateral management, and margin optimization. Works closely with the Treasury Desk, Portfolio Managers, Prime Brokers, and OMS/EMS technology teams.

Compliance Technology

team: responsible for intraday trade monitoring, position limit checking, surveillance, trading restrictions, and global regulatory reporting.

What You’ll Do

You’ll work alongside senior developers writing software that will improve the functionality, performance, stability, efficiency and scalability of the research and trading platform. You will be assigned both a manager and mentor, participate in organized team-building events, lunch and learns, social activities, and network with senior management throughout the summer. You will be assigned summer-long projects that will be directly related to the work of the team you are assigned to, which you will present on at the completion of the program. Upon completion of the internship, you may be extended a full‑time offer of employment.

We do not require prior experience in finance, but we do require a passion for software development and solving business problems. We will teach you what you may lack in business knowledge to help you complete your tasks.

What You Need

• A student pursuing a degree in a technical or quantitative field
• Someone who has demonstrated software engineering skills from previous internships, coding competitions, or publications
• Interest and experience in a programming language; various languages will be considered such as C++, Java, Python etc.
• Some basic knowledge of Git, and databases
• High levels of creativity and quick problem‑solving capabilities
• Interest in Capital Markets or Finance
• Strong interest in taking ownership of his/her work
• Strong analytical and organizational skills
• Strong attention to detail

We’d Love If You Had

• Previous financial industry experience although it is not required
• An advanced degree in a quantitative or technical field

Our Internship

Kick‑start your career in finance with the Schonfeld Summer Internship! Over the course of 10 action‑packed weeks, you will have the opportunity to build solutions that tackle real‑world challenges and leave a lasting impact on the firm. As an intern, you’ll join a close‑knit team that is ready to support your growth and accelerate your career. We will pair you with a dedicated manager and a mentor who’ll guide your development over the course of the internship and beyond. Throughout the program, you will have the chance to connect with senior leaders through a series of learning sessions, attend hands‑on skills workshops, network at social events and get a behind‑the‑scenes look at how various functions power the firm. We’ll empower you to bring your ideas to life and make an impact.

Who We Are

Schonfeld is a global multi‑manager hedge fund that strives to deliver industry‑leading risk‑adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income.

Our Culture

At Schonfeld, we’ll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork‑oriented, collaborative and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm’s walls.

The annual base pay for this role is expected to be between $125,000 and $145,000 which will be prorated based on internship start and end date. The expected base pay range is based on information at the time this post was generated. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications and experience and level of education. __PRESENT