Quantitative Research Analyst – Intern (US)

Citadel; New York (NY); On-site; USD 205,000 - 264,000; Full time

Benefits offered by this job

Weekly pay

Sign-on bonus

Housing stipend

Company-sponsored travel

On-site fitness and wellness

Catered meals

Social and networking events

Job summary

Citadel is offering an 11-week Quantitative Research internship in New York, Greenwich, or Miami. You will develop models, test trading signals, and translate ideas into code while collaborating with senior team members.

The program runs June–August with flexibility for other times of year. You’ll gain exposure to data-driven research, networking, and social events, plus a weekly pay and a competitive sign-on bonus; housing stipends and travel are included.

Qualifications

• Degree in a highly quantitative field (math/stats/physics/CS).
• Strong knowledge of probability and statistics; ML, time-series, NLP.
• Experience in data-driven research environments.
• Ability to translate models into code (Python, R or C++).
• Excellent analytical and communication skills.

Responsibilities

• Conceptualize valuation strategies and develop mathematical models.
• Back test and implement trading models and signals.
• Use unconventional data sources to drive innovation.
• Conduct research and statistical analysis to monetize trading signals.

Skills

Python

R

C++

Statistics

Machine learning

Time-series analysis

NLP

Data-driven research

Communication

Education

Bachelor's or Master's in mathematics/ statistics/ physics/ CS

Tools

Python

R

C++

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++)
• 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.

• weekly pay
• highly competitive sign-on bonus
• housing stipend or covered living accommodations
• company-sponsored travel
• access to on-site fitness and wellness amenities
• catered meals
• 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.