Quantitative Researcher PostDoctoral Intern US

Citadel; Greenwich (CT); On-site; USD 205,000 - 264,000; Full time

Job summary

Citadel is offering an 11-week Quantitative Research internship designed to develop and test next-generation pricing models and trading strategies. You will work with senior researchers to translate complex statistical techniques into code and validate approaches on live data.

The internship runs June through August, with flexibility on timing. Collaboration, networking with peers, and exposure to a leading investment team are key features of the program.

Qualifications

• 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 in a data-driven research environment.
• Experience translating mathematical models and algorithms into code (Python, R or C++).
• Independent research experience.

Responsibilities

• Conceptualize valuation strategies, develop and improve mathematical models.
• 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 monetization systems for trading signals.

Skills

Quantitative background

Statistics

ML techniques

Time-series analysis

Python/R/C++

Independent research

Multi-tasking

Analytical skills

Communication skills

Education

Post-doctoral degree

Tools

Python

R

C++

Job description

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 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++)
• 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

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

About Citadel

Citadel is one of the world's leading alternative investment managers. We manage capital on behalf of many of the world's preeminent private, public and nonprofit institutions. We seek the highest and best use of investor capital in order to deliver market leading results and contribute to broader economic growth. For over 30 years, Citadel has cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers and engineers in the world. Our colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.