Quantitative Research Analyst Intern US

Citadel; Greenwich (CT); On-site; USD 204,750 - 263,900; Full time

Benefits offered by this job

Sign-on bonus

Housing stipend

Company-sponsored travel

On-site fitness

Catered meals

Networking events

Job summary

Citadel's internship program offers an 11-week quantitative research internship to collaborate with senior team members and connect with peers. You will learn to conceptualize valuation strategies and translate models into code, applying advanced statistical techniques to financial markets.

During the program you will back test trading models, explore unconventional data sources, and refine monetization strategies for signals.

Qualifications

• Bachelor's or master's in a highly quantitative field.
• Strong knowledge of probability and statistics; ML and time-series.
• Experience in a data-driven research environment.
• Ability to translate models into code in Python, R or C++.
• Independent research experience and strong communication.

Responsibilities

• Conceptualize valuation strategies and develop mathematical models.
• Back test and implement trading models in a live trading environment.
• Use unconventional data sources to drive innovation.
• Conduct research and statistical analysis to refine monetization of signals.

Skills

Statistical analysis

Machine learning

Time-series analysis

NLP

Data-driven research

Analytical thinking

Communication skills

Attention to detail

Education

Bachelor's or Master's in mathematics

Statistics or physics or CS

Tools

Python

R

C++

Job description

Job Description

Our mission is to be the most successful investment team in the world. Quantitative Researcher Analysts play a key role in this mission by developing next-generation models and trading approaches for a range of investment strategies. You'll get to challenge the impossible in quantitative research by applying sophisticated and complex statistical techniques to financial markets, some of the most complex data sets in the world.

As an intern, you'll dive into research through an 11-week program that will allow you to collaborate and connect with senior team members. In addition, you'll get the opportunity to network and socialize with peers throughout the internship.

Our signature internship program takes place June through August. Occasionally, we can be flexible to other times of the year. You will be able to indicate your timing preference in the application.

Your Objectives

• Conceptualize valuation strategies, develop, and continuously improve upon mathematical models and help translate algorithms into code
• Back test and implement trading models and signals in a live trading environment
• Use unconventional data sources to drive innovation
• Conduct research and statistical analysis to build and refine monetization systems for trading signals

Your Skills & Talents

• Bachelor's or master's degree in mathematics, statistics, physics, computer science, or another highly quantitative field
• Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis, pattern recognition, NLP)
• Prior experience working in a data driven research environment
• Experience with translating mathematical models and algorithms into code (Python, R or C++)
• Independent research experience
• Ability to manage multiple tasks and thrive in a fast-paced team environment
• Excellent analytical skills, with strong attention to detail
• Strong written and verbal communication skills

Opportunities available in New York, Greenwich, and Miami.

In addition to weekly pay, interns may be eligible for a highly competitive sign‑on bonus, housing stipend or covered living accommodations, company-sponsored travel, and a variety of on‑site benefits, including access to on‑site fitness and wellness amenities, catered meals, and social and networking events.

In accordance with applicable law, the base salary range for this role is $4,500 to $5,800 per week.

About Citadel

Citadel is one of the world's leading alternative investment managers. We manage capital on behalf of many of the world's preeminent private, public and nonprofit institutions. We seek the highest and best use of investor capital in order to deliver market leading results and contribute to broader economic growth. For over 30 years, Citadel has cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers and engineers in the world. Our colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.