Quantitative Research Intern (PhD) - Summer 2027

ittihad medical centre; Chicago (IL); On-site; USD 225,000 - 275,000; Full time

Benefits offered by this job

Competitive compensation

Accommodations included

Discretionary bonus

Insurance benefits

Paid leave

Job summary

ittihad medical centre is offering a 10-week internship as a Quant Researcher in Chicago, Illinois. Interns will collaborate with mentors to explore research ideas and build analysis tools, with the potential to secure a full-time position afterward.

The role requires current PhD students in quantitative fields and offers competitive compensation alongside professional development opportunities. Successful interns will work on impactful projects and develop valuable connections.

Qualifications

• Current university student graduating between September 2027 – July 2028 pursuing a PhD.
• Passion for research and solving complex problems.
• Must start internship in-person on June 7, 2027.

Responsibilities

• Work on real projects that impact the business.
• Enhance understanding of options theory.
• Build valuable connections and engage in professional development.

Skills

Numerical skills

Analytical thinking

Critical thinking

Programming (Python, C, C++)

Education

PhD in Mathematics, Engineering, Statistics, Physics, Computer Science

Job description

Our 10-week internship is your chance to experience life as a Quant Researcher at IMC. You will work alongside your mentor to explore new research ideas and build custom analysis tools that may be deployed into production. Throughout the summer, there will be opportunities to enhance your knowledge of options theory, market making, algorithm complexity and trades analysis. We provide a highly competitive compensation package with accommodations included. The bar for talent at IMC is high and interns who meet our performance expectations will have the opportunity to secure a full time Graduate Quant Researcher position at the end of the program. Where you go from here is up to you!

Your Core Responsibilities

• Team up with Quant Researchers to work on real projects that have potential to impact our business
• Enhance your understanding of options theory through classroom-based instruction
• Develop your research skills with support and feedback from a dedicated mentor and intern lead
• Build valuable connections in an environment that recognizes and rewards problem solving, innovation and teamwork
• Engage in professional development sessions aimed at helping you envision your future at IMC
• Attend a full-schedule of events and social activities to get to know your cohort and current employees

Your Skills and Experience

• Current university student graduating between September 2027 – July 2028 that is pursuing a PhD degree in Mathematics, Engineering, Statistics, Physics, Computer Science, or another highly quantitative field
• Superior numerical, analytical, and critical thinking skills
• Has a passion for research and solving complex problems
• A creative thinker who is driven, resilient, and eager to develop trading intuition
• Experience in a programming language (Python, C, C++) is highly desired
• Must be able to start internship in-person on June 7, 2027

Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

Base Salary: $250,000