Quantitative Researcher PhD Intern US

Citadel; Greenwich (CT); On-site; USD 195,650 - 263,900; Full time

Job summary

A leading investment firm is seeking interns for a quantitative research program in Miami. This 11-week internship allows you to develop advanced trading models, collaborate with experienced team members, and enhance your research skills. Candidates should hold a PhD in a quantitative field and possess strong analytical and coding skills in Python, R, or C++. The role offers a competitive weekly salary of $4,300 to $5,800.

Qualifications

• PhD degree in a highly quantitative field is required.
• Strong knowledge in statistical techniques and data analysis.
• Must have experience in translating models into code.

Responsibilities

• Conceptualize valuation strategies and improve mathematical models.
• Back test and implement trading models in a live environment.
• Conduct research for trading signals monetization.

Skills

PhD degree in mathematics, statistics, physics, computer science or another highly quantitative field

Strong knowledge of probability and statistics

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

Strong written and verbal communication skills

Job description

At Citadel, our mission is to be the most successful investment team in the world. Quantitative Researchers 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 get to challenge the impossible in 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

• PhD 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 and Miami.

In accordance with applicable law, the base salary range for this role is $4,300 to $5,800 per week.