Quantitative Research Intern (Summer 2027)

Axq Cap; New York, Northern (NY, KY); Hybrid; USD 103,000 - 138,000; Full time

Job summary

AXQ Capital in New York invites highly motivated students in quantitative fields to join our 12-week Quantitative Research Intern program. You will work directly with senior researchers and portfolio managers on research intended to trade, with top performers receiving a full-time offer.

During the internship you’ll develop and refine trading strategies, apply ML and statistics to market data, and leverage AI workflows to accelerate backtesting and analysis.

Qualifications

• Undergraduate or graduate student at a top-tier university in a quantitative field (e.g., mathematics, statistics, physics, engineering, computer science, financial engineering)
• Strong foundation in probability and statistics, including statistical modeling, time-series analysis, and machine learning
• Proficient in Python for data analysis and research
• Intellectually curious and quick to learn, with a genuine interest in quantitative finance
• Clear communicator who works well in a team and under pressure

Responsibilities

• Develop and refine quantitative trading strategies under mentorship.
• Apply probability, statistics, and machine learning to uncover patterns and signals in market data.
• Leverage AI workflows to accelerate research from hypothesis generation to backtesting and analysis.
• Transform raw datasets into research-ready inputs for alpha discovery.
• Explore portfolio construction and optimization to combine strategies into risk-managed portfolios.

Skills

Probability & Statistics

Python

Time-series analysis

Machine Learning

Communication

Teamwork

Education

Quantitative field (BSc/MSc/PhD)

Job description

AXQ Capital is a global quantitative investment firm. We build diverse sources of investment edge across geographies, asset classes, and trading horizons. Our strategies are grounded in rigorous scientific research and deep market understanding, strengthened by sustained investment in data, technology, and AI. Our team brings together exceptional talent from leading academic institutions and the world’s most respected quantitative firms. We foster a collaborative culture built on curiosity, rigor, and ownership, where the best ideas win and people grow with the firm.

We are growing quickly, and our interns are a core part of how we hire: you will work directly with senior researchers and portfolio managers on research that is meant to trade, and strong performers receive full-time offers.

Job Duties

Markets are noisy, competitive, and constantly evolving - finding a durable edge is one of the hardest problems in applied research. As a Quantitative Research Intern, you will take on that challenge directly. Over the course of your internship, you will work on one or two projects in areas such as:

• Developing and refining quantitative trading strategies under the guidance of experienced portfolio managers and researchers
• Applying tools from probability, statistics, and machine learning to uncover patterns and predictive signals in market data
• Leveraging agentic AI workflows to accelerate the research cycle - from hypothesis generation to automated backtesting and analysis
• Transforming raw, messy datasets into research-ready inputs that power alpha discovery
• Exploring portfolio construction and optimization techniques that combine individual strategies into robust, risk-managed portfolios

Qualifications

• Undergraduate or graduate student at a top-tier university in a quantitative field (e.g., mathematics, statistics, physics, engineering, computer science, financial engineering)
• Strong foundation in probability and statistics, including statistical modeling, time-series analysis, and machine learning
• Proficient in Python for data analysis and research
• Intellectually curious and quick to learn, with a genuine interest in quantitative finance
• Clear communicator who works well in a team and under pressure

We'd Love It If You Have

• Publications in leading academic journals or conferences
• Strong results in national or international Olympiads (math, physics, or computer science)

This is a full-time, approximately 12-week internship based in our New York office during Summer 2027. We are targeting candidates graduating in 2027 or 2028. The internship concludes with a presentation to senior management and the opportunity to earn a full-time return offer.

The anticipated hourly pay range for this role is $75 to $100, depending on prior experience and qualifications.