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2023 Quantitative Developer Intern

2023 Quantitative Developer Intern
New York, US
175,000 - 200,000
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Job Description

The Role  

We are seeking an exceptional Quantitative Developer intern to join one of our NY based portfolio management teams.  

You will have an opportunity to meaningfully contribute to all facets of running a successful quantitative trading business and help it grow and diversify. The ideal candidate enjoys keeping updated with the latest technologies and distributed systems and would look to bring on the relevant technologies to help the team continue to be bleeding edge. 

What you’ll do   

As a Quantitative Developer you will work collaboratively to contribute to our trading and research infrastructure. You will have the opportunity to work on the end-to-end platform helping to manage market data, execution, simulation, data transformation, positions, and risk. You will also collaborate with researchers to develop and deploy trading models. The ideal candidate will have a mindset of continuous improvement and will seek solutions to further scale and automate the system. 

What you’ll bring

What you need: 

  • A Bachelor’s, Master’s, or PhD degree 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 
  • A genuine passion for solving complex problems through programming 
  • Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis and forecasting, pattern recognition, NLP).
  • 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 Culture  

The firm’s ethos is embedded in our people. ‘Talent is our strategy’ is our mantra and drives how we approach all initiatives at the firm. We believe our success is because of our people, so putting our talent above all else is our top priority. 

Schonfeld strives to create an environment where our people can thrive. We foster a teamwork-oriented, collaborative environment where ideas at any level are encouraged and shared. The development and advancement of our talent is honed through interactions with each other, learning & educational offerings, and through opportunities to make impactful contributions.  

At Schonfeld, we strive to cultivate a sense of belonging throughout all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. As a firm we are committed to creating a hiring process which is not only fair, but also welcoming and supportive. On a daily basis, our employees welcome diversity across identity, thought, people and views which serves as the foundation of our culture and success. You can learn more about our DEI initiatives here - Belonging @ Schonfeld. 

Who we are  

Schonfeld Strategic Advisors is a multi-manager platform that invests its capital with Internal and Partner portfolio managers, primarily on an exclusive or semi-exclusive basis, across four trading strategies; quantitative, fundamental equity, tactical trading and discretionary macro & fixed income. We have created a unique structure to provide global portfolio managers with autonomy, flexibility and support to best enable them to maximize the value of their businesses. 

Over the last 30 years, Schonfeld has successfully capitalized on inefficiencies and opportunities within the markets. We have developed and invested heavily in proprietary technology, infrastructure and risk analytics and continue to capitalize on new opportunities. In 2021 we launched our newest strategy, discretionary macro & fixed income as part of the continual growth of Schonfeld’s investible universe. Our portfolio exposure has expanded across the Americas, Europe and Asia as well as multiple asset classes and products.

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