MM
Millennium ManagementParisInternship

Off-Cycle Intern

Join as a PhD research intern to enhance systematic equity trading strategies using machine learning, portfolio construction, and alternative data analysis. The 5-6 month internship in Paris starts September/October, focusing on impactful research and live trading deployment.

1

Role and Responsibilities

  • Enhance systematic strategies with modern machine learning techniques on daily and intraday data.
  • Explore ML prediction methods in overparameterized regimes (benign overfitting).
  • Modernize portfolio construction and design AI interfaces for fundamental portfolio managers.
  • Investigate alternative datasets to discover new alpha sources with statistical rigor.
  • Translate research findings into production-impacting outputs deployed in live trading.
2

Candidate Profile

  • PhD candidate (year 2+) in Machine Learning, Statistics, Applied Mathematics, or related field.
  • Strong Python skills including PyTorch, NumPy, Pandas, scikit-learn.
  • Curious, autonomous, and able to implement theoretical work end to end.
  • Familiarity with quantitative finance is a plus but not required.
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Program Details

  • Duration: 5-6 months.
  • Location: Paris, France.
  • Start date: September or October.