Quantitative Research Analyst – Intern (US)

About the role

Join Citadel's 11-week Quantitative Research Analyst internship to develop and implement advanced trading models using complex statistical techniques. Collaborate with senior team members and gain hands-on experience in a fast-paced, data-driven environment across multiple US locations.

Role and Responsibilities

• Develop and improve mathematical models for valuation strategies.
• Translate algorithms into code and back test trading models.
• Implement trading signals in live environments.
• Use unconventional data sources for innovation.
• Conduct research and statistical analysis to refine trading signals.

Candidate Requirements

• Bachelor's or master's in math, statistics, physics, computer science, or related quantitative field.
• Strong knowledge of probability, statistics, machine learning, time-series analysis, NLP.
• Experience in data-driven research environments.
• Proficiency in Python, R, or C++ for coding mathematical models.
• Independent research experience and multitasking ability.
• Excellent analytical, written, and verbal communication skills.

Program Details

• 11-week internship from June to August, with some timing flexibility.
• Opportunities in New York, Greenwich, and Miami.
• Weekly pay between $4,500 and $5,800.
• Potential sign-on bonus, housing stipend, or covered accommodations.
• Company-sponsored travel and on-site fitness, wellness, meals, and networking events.