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Virtu FinancialNew York City, NY

2027 Internship - Quantitative Researcher (PhD)

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Programme

Internship

Location

New York City, NY

Duration

10 weeks

About the role

Virtu offers a 10-week Quantitative Researcher internship in New York for PhD students to work on real trading algorithm projects with senior mentors, including global training and social events.

Program Details

  • 10-week internship based in New York.
  • Ongoing training throughout the summer with a dedicated training week in New York or Austin.
  • Interns work on real quantitative problems and projects.
  • Multiple senior mentors provide guidance during the program.
  • Social events and perks like onsite gym, barista, and meals.
  • Transportation provided depending on location.

Role Responsibilities

  • Improve trading algorithms by analyzing large data sets.
  • Collaborate with traders, quants, and developers.
  • Apply quantitative analysis to discover trading patterns.
  • Complete one to two projects from different mentors.
  • Learn about Virtu's market making business.
  • Think creatively to develop new trading ideas.

Candidate Requirements

  • Advanced degree (preferably PhD) in quantitative fields like Science, Math, or Engineering.
  • Strong GPA with diverse and challenging coursework.
  • Exceptional quantitative, mathematical, and problem-solving skills.
  • Excellent communication and collaboration abilities.
  • Proficient in C/C++, Python, and Pandas programming.
  • Intellectually curious, self-motivated, and adaptable.

Application Process

  • Initial resume screening followed by an online programming test via Hackerrank.
  • Successful candidates contacted for next steps.
  • Focus on technical and quantitative problem-solving skills.

Compensation and Benefits

  • Weekly salary range: $5,000 - $5,800 (excluding bonuses and benefits).
  • Access to onsite gym and workout classes.
  • Weekly happy hours and social events.
  • Breakfast and lunch provided onsite.
  • Onsite barista available.