Quant Research Intern — ML & Trading Models (Chicago)

Akuna Capital; Chicago (IL); On-site; USD 117,000 - 143,000; Full time

Job summary

A cutting-edge trading firm in Chicago is seeking a Quantitative Research Intern for a 10-week internship program. This role involves developing trading strategies using statistical and machine learning algorithms, and designing optimization algorithms for portfolio construction. Ideal candidates should be pursuing a relevant degree with expertise in statistics and programming using Python. The position requires a GPA of 3.5 or above and legal authorization to work in the U.S. The minimum annual salary is $130,000.

Qualifications

• Pursuing a bachelor’s, masters, or PhD with a GPA of 3.5 or above.
• Expertise in statistics and machine learning.
• Experience in building mathematical models for real-world problems.

Responsibilities

• Develop trading strategies using statistical and machine learning algorithms.
• Design and implement optimization algorithms for portfolio construction.
• Develop quantitative models describing market behavior.

Skills

Statistics

Machine Learning

Python Programming

Education

Bachelor's degree or higher in Statistics, Computer Science, Engineering, Mathematics

Job description

A cutting-edge trading firm in Chicago is seeking a Quantitative Research Intern for a 10-week internship program. This role involves developing trading strategies using statistical and machine learning algorithms, and designing optimization algorithms for portfolio construction. Ideal candidates should be pursuing a relevant degree with expertise in statistics and programming using Python. The position requires a GPA of 3.5 or above and legal authorization to work in the U.S. The minimum annual salary is $130,000.