Quantitative Research Intern

The Role 

We are seeking exceptional PhD candidates to join our Quantitative Research teams in the Miami metro area where they will work with other researchers and developers on various research projects, including the design of novel predictive signals and the enhancement of our algorithms for prediction, trade execution, portfolio construction, risk management, among others. Interns will have an opportunity to meaningfully contribute to all facets of running a successful quantitative trading business and help it grow and diversify.                                                                           

What You’ll Do   

Depending on the portfolio manager team you join, as a Quantitative Researcher Intern you will be directly responsible for furthering our alpha research. You will understand the economics of a fundamental domain, and the corresponding insights that can be gathered from associated alternative data offerings.  You will identify compelling differentiating factors, design novel predictive signals, backtest & validate hypotheses.  Over the 10-week internship program, you will have the opportunity to collaborate with senior team members to learn what it takes to be a successful quantitative researcher. Additionally, you’ll get the opportunity to network and socialize with peers throughout the internship. 

What you need: 

• Current PhD student in a quantitative or technical field such as statistics, mathematics, physics, electrical engineering, or computer science (ideally with one year left in your academic program) 

• Excellent programming skills in languages such as Python, C, C++, Java, SQL, or R 

• Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis and forecasting, pattern recognition, NLP). 

• The ability to communicate research ideas clearly and succinctly 

• Creative problem-solving skills and experience working with real-world datasets 

• Strong attention to detail 

We’d love if you had: 

• Previous financial industry experience although it is not required 

• An advanced degree in a quantitative or technical field 

Our Internship 

Kick-start your career in finance with the Schonfeld Summer Internship! Over the course of 10 action-packed weeks, you will have the opportunity to build solutions that tackle real-world challenges and leave a lasting impact on the firm. As an intern, you’ll join a close-knit team that is ready to support your growth and accelerate your career. We will pair you with a dedicated manager and a mentor who’ll guide your development over the course of the internship and beyond. Throughout the program, you will have the chance to connect with senior leaders through a series of learning sessions, attend hands-on skills workshops, network at social events and get a behind-the-scenes look at how various functions power the firm. We’ll empower you to bring your ideas to life and make an impact.