Summer Intern 2027 - Quantitative Researcher (PhD)

Five Rings

New York (NY)

On-site

USD 270,000 - 330,000

Full time

14 days+
Application generator

Don’t send a generic resume — generate a resume and cover letter tailored to this exact role.

Get past ATS filters

Benefits offered by this job

Sign-on bonus
Corporate housing

Job summary

Five Rings is offering a Summer Intern 2027 for a Quantitative Researcher (PhD) in New York. You will join a research team on development projects and gain exposure to hands-on trading concepts through classroom instruction and strategy games.

The program lasts 9 weeks from June to August, with mentorship and opportunities to work on complex mathematical problems. Strong math, programming basics, and a collaborative mindset are essential.

Qualifications

  • Must be working towards a PhD in computer science, mathematics, physics, statistics, economics, or another qualifying field
  • Exceptional at math and with other quantitative skills
  • Has a hunger to work on some of the most complex mathematical problems we find
  • Must enjoy problem solving as this is at the forefront of the role
  • Enjoys initiating/acting on a thought or idea as soon as it comes to mind
  • Proven track record of success within candidates field of specialty
  • Excited to work as a team, but also comfortable testing ideas independently
  • Must have basic programming experience through internships or academia
  • Meticulous and detail-oriented
  • Eager to learn

Responsibilities

  • Work with the research team on development projects
  • Contribute to quantitative models and strategy ideas
  • Participate in talks and strategic game sessions to learn trading concepts

Skills

Quantitative reasoning
Programming experience
Mathematics
Teamwork
Problem solving
Attention to detail
Learning mindset

Education

PhD candidate in CS/Math/Physics/Statistics/Economics

Tools

Python
Matlab

Job description

Summer Intern 2027 - Quantitative Researcher (PhD)

New York

About Five Rings

Five Rings is a proprietary trading firm founded with a vision of combining strategy, innovation and technology to succeed in today’s global markets. With offices in New York, Boca Raton, London and Amsterdam, Five Rings trades in various domestic and international markets, both established and esoteric. Our team constantly seeks new opportunities, analyzes their risks and rewards, and creates strategies and tools to capitalize on them.

We have an open culture and encourage the flow of knowledge and ideas between all areas of the firm.

About the Program

Five Rings offers an intensive 9 week summer internship program that runs from the beginning of June through the beginning of August. The program includes immersion in hands-on projects, classroom instruction, and in-house built strategy games. Interns will work closely with the research team on development projects. You will have a mentor fully dedicated to you during the internship.

You will take part in a series of talks to introduce you to key trading concepts. We also offer a variety of activities such as strategic game nights, nights out in NY, dinners, and so much more.

About You

  • Must be working towards a PhD in computer science, mathematics, physics, statistics, economics, or another qualifying field
  • Exceptional at math and with other quantitative skills
  • Has a hunger to work on some of the most complex mathematical problems we find
  • Must enjoy problem solving as this is at the forefront of the role
  • Enjoys initiating/acting on a thought or idea as soon as it comes to mind
  • Proven track record of success within candidates field of specialty
  • Excited to work as a team, but also comfortable testing ideas independently
  • Must have basic programming experience through internships or academia
  • Meticulous and detail-oriented
  • Eager to learn

Annual Base Salary: $300,000. Additionally, interns receive a sign on bonus and corporate housing.

We invite applicants to share their demographic background. If you choose to complete this survey, your responses may be used to identify areas of improvement in our hiring process.

Get your free, confidential resume review.

or drag and drop your file here.

Similar jobs

Similar jobs worth comparing

Summer Intern 2027 – Quantitative Researcher (PhD)
Summer Intern 2027 – Quantitative Researcher (PhD)

Trading Interview • New York (NY)

On-site
USD 255,000 - 345,000
Sign-on bonus
Corporate housing
Summer Intern 2027 - Quantitative Trader
Summer Intern 2027 - Quantitative Trader

Five Rings LLC - Careers • New York (NY)

On-site
USD 255,000 - 345,000
Sign-on bonus
Corporate housing
Summer Intern 2027 – Quantitative Trader
Summer Intern 2027 – Quantitative Trader

Trading Interview • New York (NY)

On-site
USD 270,000 - 330,000
Sign-on bonus
Corporate housing
Summer Quant Research Intern (PhD) — Sign-On Bonus
Summer Quant Research Intern (PhD) — Sign-On Bonus

Five Rings • New York (NY)

On-site
USD 270,000 - 330,000
Sign-on bonus
Corporate housing
Quantitative Research Intern (PhD, Summer 2027)
Quantitative Research Intern (PhD, Summer 2027)

AXQ Capital, LP. • New York (NY)

On-site
USD 103,000 - 138,000
Summer Intern 2027 - Software Developer
Summer Intern 2027 - Software Developer

Five Rings LLC - Careers • New York (NY)

On-site
USD 270,000 - 330,000
Sign-on bonus
Corporate housing
Hands-On Quant Trading Summer Intern
Hands-On Quant Trading Summer Intern

Trading Interview • New York (NY)

On-site
USD 255,000 - 345,000
Sign-on bonus
Corporate housing
Quantitative Researcher – PhD Intern (US)
Quantitative Researcher – PhD Intern (US)

Citadel Securities • Miami (FL)

On-site
USD 10,647,000 - 13,723,000
Quantitative Researcher – PhD Intern (US)
Quantitative Researcher – PhD Intern (US)

Citadel • New York (NY)

On-site
USD 205,000 - 264,000
Summer 2027 - Trading Operations Engineer Intern
Summer 2027 - Trading Operations Engineer Intern

Five Rings LLC - Careers • New York (NY)

On-site
USD 255,000 - 345,000
Sign-on bonus
Corporate housing