Quantitative Researcher – Post-Doctoral Intern (US)

Citadel Securities; Miami (FL); On-site; USD 205,000 - 264,000; Full time

Job summary

Citadel Securities in Miami invites top quantitative researchers for an 11-week internship focused on developing and testing automated trading strategies. You’ll collaborate with senior researchers, translate math models into code, and backtest signals in a live trading environment.

The program runs June through August with some flexibility; you will choose timing. A Post-Doctoral level background in quantitative fields and strong stats, ML, time-series, and programming (Python, R, or C++) are

Qualifications

• Post-Doctoral level qualification in a highly quantitative field.
• Strong knowledge of probability, statistics, and ML techniques.
• Experience translating models into production code.
• Ability to thrive in a fast-paced research environment.
• Excellent analytical and written/verbal communication skills.

Responsibilities

• Conceptualize valuation strategies, develop and refine mathematical models.
• Back test and implement trading models and signals in live trading.
• Use unconventional data sources to drive innovation in monetization systems.
• Conduct research and statistical analysis to support trading signals.

Skills

Machine learning

Time-series analysis

NLP

Statistical analysis

Strong communication

Education

Post-Doctoral degree in mathematics/statistics/physics/computer science

Tools

Python

R

C++

Job description

At Citadel Securities, a leading global market maker, our team of quantitative researchers models the markets and brings trading strategies to life every day. Specifically, this team develops and tests automated quant trading strategies using sophisticated statistical techniques. 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

• Post-Doctoral 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

In accordance with applicable law, the base salary range for this role is $4,500 to $5,800 per week.

Citadel Securities is a technology-driven, next-generation global market maker. We provide institutional and retail investors with world-class liquidity, competitive pricing and seamless front-to-back execution in a broad array of financial products. Our teams of engineers, traders and researchers harness leading-edge quantitative research and the accelerating power of compute, machine learning and AI to power our analytics and tackle the market’s and our clients’ most critical challenges. Together, we are forging the future of capital markets. For more information, visit citadelsecurities.com.