Quantitative Researcher – PhD Intern (US)

About the role

Quantitative Researchers at Citadel develop next-generation models and trading approaches for a range of investment strategies. As an intern, you’ll dive into research through an 11-week program that allows you to collaborate and connect with senior team members, network, and socialize with peers. The signature internship program takes place June through August, with occasional flexibility for other times of the year.

Responsibilities

• Conceptualize valuation strategies, develop and continuously improve upon mathematical models, and help translate algorithms into code.
• Backtest and implement trading models and signals in a live trading environment.
• Use unconventional data sources to drive innovation.
• Conduct research and statistical analysis to build and refine monetization systems for trading signals.

Requirements

• PhD degree in mathematics, statistics, physics, computer science, or another highly quantitative field.
• Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis, pattern recognition, NLP).
• Prior experience working in a data-driven research environment.
• Experience with translating mathematical models and algorithms into code (Python, R, or C++).
• Independent research experience.
• Ability to manage multiple tasks and thrive in a fast-paced team environment.
• Excellent analytical skills, with strong attention to detail.
• Strong written and verbal communication skills.

Locations

Opportunities available in New York, Miami, Greenwich, and Houston.

Pay

In accordance with applicable law, the base salary range for this role is $4,500 to $5,800 per week.