
The Role
We are seeking exceptional intern to join our Quantitative Research team in
the Austin metro area. As an intern you will work with other researchers and
developers on various research projects, including the design of novel
predictive signals and the enhancement of our algorithms for prediction, trade
execution, portfolio construction, risk management, among others. You will
have an opportunity to meaningfully contribute to multiple facets of running a
successful quantitative trading business and help it grow and diversify.
What you’ll do
Depending on the portfolio manager team you join, as a Quantitative Researcher
Intern you will be directly responsible for furthering our alpha research. You
will gain insight into quantitative techniques and their benefits. You will
identify compelling differentiating factors, design novel predictive signals,
backtest & validate hypotheses. You will have the opportunity to apply
cutting edge AI tools to enhance your coding and analysis productivity. Over
the 10-week internship program, you will have the opportunity to collaborate
with senior team members to learn what it takes to be a successful
quantitative researcher. Additionally, you’ll get the opportunity to network
and socialize with colleagues throughout the internship.
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
• Strong knowledge of probability and statistics (e.g., machine learning,
time-series analysis and forecasting, pattern recognition, NLP).
• The ability to communicate research ideas clearly and succinctly
• Creative problem-solving skills and experience working with real-world
datasets
• Strong attention to detail
• Previous financial industry experience is a plus but it is not required
Our Internship
The Schonfeld summer internship provides students with a unique opportunity to
experience Schonfeld, our work, our people, and our culture. Interns will
typically join a small team and will spend 10 weeks at Schonfeld from June -
August.
Each summer intern will work on a tailored project that will provide them with
real world experience. We provide all interns with a dedicated mentor and
manager to help them navigate the summer successfully.
Who We Are
Schonfeld is a global multi-manager hedge fund that strives to deliver
industry-leading risk-adjusted returns for our investors. We leverage both
internal and external portfolio manager teams around the world, seeking to
capitalize on inefficiencies and opportunities within the markets. We draw
from decades of experience and a significant investment in proprietary
technology, infrastructure and risk analytics to invest across four main
strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro &
Fixed Income.
Our Culture
At Schonfeld, we’ll invest in you. Attracting and retaining top talent is at
the heart of what we do, because we believe that exceptional outcomes begin
with exceptional people. We foster a culture where talent is empowered to
continually learn, innovate and pursue ambitious goals. We are teamwork-
oriented, collaborative and encourage ideas—at all levels—to be shared. As an
organization committed to investing in our people, we provide learning and
educational offerings and opportunities to make an impact. We encourage
community through internal networks, external partnerships and service
initiatives that promote inclusion and purpose beyond the firm’s walls.