Convertible Arbitrage Analyst Intern (Winter 2027)

Walleye Capital Internships; Middleton (MA); On-site; USD 135,000 - 183,000; Full time

Job summary

Walleye Capital invites you to join its Convertible Arbitrage internship in Middleton, MA, for two weeks in January 2027. This high-impact program is designed for analytical, technically adept undergraduates with strong curiosity.

Interns learn to value convertible bonds and perform credit and equity analysis on individual companies. Interns will collaborate with seasoned portfolio managers, manipulate data to build datasets, and help develop portfolio optimization tools, including AI-driven

Qualifications

• Pursuing an undergraduate degree with an expected graduation date between December 2027 and July 2028.
• Majors in math, engineering, economics, finance, or computer science a plus.
• Self-starters who enjoy digging into complex, open-ended problems and can work both independently and collaboratively with a team.
• Genuine interest in financial markets, risk taking, and using technology in dynamic environments.
• Thrive in a collaborative culture that values intellectual humility, creativity, and continuous learning.

Responsibilities

• Learn about Walleye's Convertible Arbitrage business through hands-on collaboration with seasoned portfolio managers.
• Keep up to date on major macro developments and market-moving headlines, focusing on implications for trading decisions and portfolio risk.
• Help in manipulating data to build custom data sets for use in research and model development.
• Assist portfolio managers in building portfolio optimization tools to monetize trading signals and manage risk, with an emphasis on leveraging AI.

Job description

Middleton, MA

Location: Middleton, MA

Firm Overview:

Walleye Capital is a ~$17 billion+ multi-strategy investment firm headquartered in New York City, with over 350 employees across five main offices. Founded in 2005 as an options market maker, we have organically grown into a global investment firm specializing in Fundamental Equities, Quant, and Volatility strategies.

At Walleye, we continuously innovate by focusing on three core principles: approach, platform, and people. Our approach is to allocate risk capital where we believe there is not only a compelling opportunity, but also a clear ability to define our tangible edge. We seek to leverage the mathematical benefits of diversification while utilizing sophisticated infrastructure, technology, and our balance sheet to do so in a structurally advantageous way. Our platform, developed over two decades, is central to our operations, evolving alongside business complexities and technological advancements to support our team's success. Our people are our greatest asset, and we've cultivated an environment that attracts top talent by balancing autonomy with collaboration, and intelligence with integrity.

Position Overview:

Walleye Capital is seeking an exceptional Analyst Intern to join its Convertible Arbitrage business for a two-week winter internship that runs from early-to-mid January.This high-impact internship is designed for analytical, technically adept students with strong intellectual curiosity. Interns will spend two weeks learning how to value convertible bonds and perform credit and equity analysis on individual companies.

The internship is two weeks in length and will take place in Middleton, MA in January 2027.

Responsibilities:

• Learn about Walleye's Convertible Arbitrage business through hands-on collaboration with seasoned portfolio managers.
• Keep up to date on major macro developments and market-moving headlines, with a focus on understanding their implications for trading decisions and portfolio risk.
• Help in manipulating data to build custom data sets for use in research and model development.
• Assist portfolio managers in building portfolio optimization tools to monetize trading signals and manage risk, with an emphasis on leveraging AI.

We seek individuals who:

• Are pursuing an undergraduate degree with an expected graduation date between December 2027 and July 2028. Majors in math, engineering, economics, finance, or computer science a plus.
• Are self-starters who enjoy digging into complex, open-ended problems and can work both independently and collaboratively with a team.
• Exhibit a genuine interest in financial markets, risk taking, and using technology in dynamic environments.
• Thrive in a collaborative culture that values intellectual humility, creativity, and continuous learning.

Pay Range:

The expected pay for this position is $3,500/week.

Walleye is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.

If you require a reasonable accommodation to participate in any part of our hiring process, please contact [e-mail].

Personal data you provide will be processed in accordance with Walleye Capital LLC's Privacy Notice available at: https://www.walleyecapital.com/.