Electronic Options Trader

Quant Blueprint LLC; New York (NY); On-site; USD 175,000 - 220,000; Full time

Job summary

Quant Blueprint LLC in New York City is seeking an exceptional intern for their Quantitative Research team. Interns will engage in various research projects, such as enhancing algorithms for prediction and portfolio construction over a 10-week program.

The ideal candidate will have a quantitative degree and programming skills in languages like Python or C++. This internship offers a unique chance to work closely with experienced team members, participate in networking events, and receive mentorship throughout the summer.

Qualifications

• Degree in statistics, mathematics, physics, electrical engineering, or computer science.
• Excellent programming skills and strong knowledge of machine learning and time-series analysis.
• Ability to communicate research ideas clearly.

Responsibilities

• Work on various research projects involving predictive signals and algorithm enhancement.
• Collaborate with senior team members to further alpha research.
• Participate in networking events and training programs.

Skills

Programming skills in Python, C, C++, Java, SQL, R

Strong knowledge of probability and statistics

Creative problem-solving skills

Attention to detail

Education

Bachelor's, Master's, or PhD in a quantitative or technical field

Job description

The Role

We are seeking an exceptional intern to join our Quantitative Research team in the New York City metro area where they will work with other researchers and developers on various research projects, including the design of novel predictive signals and the enhancement of our algorithms for prediction, trade execution, portfolio construction, risk management, among others. You will have an opportunity to meaningfully contribute to all facets of running a successful quantitative trading business and help it grow and diversify.

What You'll Do

Depending on the portfolio manager team you join, as a Quantitative Researcher Intern you will be directly responsible for furthering our alpha research. You will understand the economics of a fundamental domain, and the corresponding insights that can be gathered from associated alternative data offerings. You will identify compelling differentiating factors, design novel predictive signals, backtest & validate hypotheses. Over the 10‑week internship program, you will have the opportunity to collaborate with senior team members to learn what it takes to be a successful quantitative researcher. Additionally, you'll get the opportunity to network and socialize with peers throughout the internship.

What You Need

• A Bachelor's, Master's, or PhD degree in a quantitative or technical field such as statistics, mathematics, physics, electrical engineering, or computer science (ideally with one year left in your academic program)
• Excellent programming skills in languages such as Python, C, C++, Java, SQL, or R
• Strong knowledge of probability and statistics (e.g., machine learning, time‑series analysis and forecasting, pattern recognition, NLP)
• The ability to communicate research ideas clearly and succinctly
• Creative problem‑solving skills and experience working with real‑world datasets
• 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

The Schonfeld summer internship provides students with a unique opportunity to experience Schonfeld, our work, our people, and our culture. Interns will typically join a small team and will spend 10 weeks at Schonfeld from June – August.

Each summer intern will work on a tailored project that will provide them with real world experience. We provide all interns with a dedicated mentor and manager to help them navigate the summer successfully. Interns will also participate in our learning program, the Sapphire: Summer Session, which aims to provide tangible skills training and education on various functions across the firm and in the workplace. Along with the hands‑on guidance and support from managers and mentors, interns will participate in weekly networking events, engage with our Diversity, Equity and Inclusion Alliance, attend panel discussions, and have many opportunities to get to know Schonfeld's core values in practice.

Compensation

The annual base pay for this role is expected to be between $175,000 and $220,000 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.