Quantitative Research Intern: High-Impact Trading ML

Optiver; Chicago (IL); On-site; USD 80,000 - 90,000; Full time

Benefits offered by this job

Competitive internship compensation

Optiver-covered flights and living accommodations

Extensive office perks including meals and events

Job summary

A prominent trading firm in Chicago is seeking a Quantitative Research Intern to develop models that inform trading decisions. The role involves working closely with seasoned researchers in a supportive environment, engaging in practical research projects that tackle real-world challenges. Candidates are expected to have strong analytical skills and a solid foundation in mathematics, statistics, and programming, with the opportunity for a full-time offer upon graduation. Competitive compensation and extensive office perks are included.

Qualifications

• Currently enrolled in a PhD program with outstanding academic performance.
• Available to intern during Summer 2026.
• Strong interest in a fast-paced, collaborative environment.

Responsibilities

• Develop and enhance trading algorithms using statistical models and machine learning.
• Analyze high-frequency trading strategies and market microstructure.
• Build stochastic models to determine fair value of financial derivatives.

Skills

Mathematics expertise

Statistical analysis

Machine learning

Programming proficiency

Analytical skills

Education

PhD in Mathematics, Statistics, Computer Science, Physics or a related STEM field

Job description

A prominent trading firm in Chicago is seeking a Quantitative Research Intern to develop models that inform trading decisions. The role involves working closely with seasoned researchers in a supportive environment, engaging in practical research projects that tackle real-world challenges. Candidates are expected to have strong analytical skills and a solid foundation in mathematics, statistics, and programming, with the opportunity for a full-time offer upon graduation. Competitive compensation and extensive office perks are included.