Quant Research Intern - Equity Arbitrage & Derivatives

Jain Global, LLC; New York (NY); On-site; USD 182,000 - 234,000; Full time

Job summary

Jain Global, LLC in New York seeks a Quantitative Research Intern for the Equity Arbitrage Equity Derivatives team. You will work at the intersection of statistical modeling, financial markets, and systematic trading, developing models to identify pricing inefficiencies across equities and related instruments.

Collaborate with portfolio managers and researchers to test and refine strategies such as statistical arbitrage, factor-based relative value, and pairs trading; perform rigorous

Qualifications

• Pursuing a master's or Ph.D. in Mathematics, Statistics, Financial Engineering, or related field.
• Strong foundation in probability, statistics, linear algebra, and optimization.
• Experience with time series analysis, regression, and machine learning techniques.

Responsibilities

• Analyze large-scale equity and market datasets to identify arbitrage opportunities and inefficiencies.
• Develop and implement quantitative models for equity arbitrage strategies (e.g., statistical arbitrage, factor-based relative value, pairs trading).
• Conduct rigorous statistical testing, back testing, and validation of trading signals.
• Collaborate with researchers and developers to enhance model performance and execution efficiency.
• Explore new data sources and features that improve predictive power.
• Contribute to research discussions and clearly communicate findings to the team.
• Assist in improving research infrastructure, data pipelines, and model robustness.

Skills

Python

Time series analysis

Statistics

Machine learning

Education

Master's or PhD in Math/Stats/FE

Tools

Pandas

NumPy

Job description

Jain Global, LLC in New York seeks a Quantitative Research Intern for the Equity Arbitrage Equity Derivatives team. You will work at the intersection of statistical modeling, financial markets, and systematic trading, developing models to identify pricing inefficiencies across equities and related instruments.

Collaborate with portfolio managers and researchers to test and refine strategies such as statistical arbitrage, factor-based relative value, and pairs trading; perform rigorous