PhD Quantitative Research Summer Internship
The Role
We are seeking exceptional PhD candidates to join our Quant Resource team in
the London metro area where they will work with other Quant Researchers and
Quant Developers on building and enhancing our firm-wide pricing and analytics
infrastructure. Interns will contribute to the design and implementation of
pricing models, numerical methods, and the core analytics library that powers
trading decisions across multiple asset classes.
This is an opportunity to build foundational tools that directly impact our
quantitative trading business and support its growth and diversification.
What you’ll do
As a Quantitative Researcher Intern you will be directly responsible for
advancing our pricing and analytics capabilities. You will implement and
optimize pricing models for various financial instruments, develop robust
numerical methods for derivatives valuation, and ensure our analytics library
meets the performance requirements of real-time trading systems.
You will design efficient algorithms for calibration, risk computation, and
scenario analysis, while maintaining mathematical rigor and computational
efficiency.
Over the 10-week internship program, you will collaborate with senior quants
and developers to understand the full lifecycle of quantitative library
development, from mathematical theory to production deployment.
Additionally, you'll get the opportunity to network and socialize with peers
throughout the internship.
What you need:
• Current PhD student in a quantitative or technical field such as
statistics, mathematics, physics, electrical engineering (ideally with one
year left in your academic program)
• Excellent programming skills in languages such as Python, C, C++, C#,
Rust…
• Strong knowledge of probability (e.g. stochastic calculous) and
statistics.
• The ability to communicate research ideas clearly and succinctly.
• Creative problem-solving skills
• 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 Internship
Kick-start your career in finance with the Schonfeld Summer Internship! Over the course of 10 action-packed weeks, you will have the opportunity to build solutions that tackle real-world challenges and leave a lasting impact on the firm. As an intern, you’ll join a close-knit team that is ready to support your growth and accelerate your career. We will pair you with a dedicated manager and a mentor who’ll guide your development over the course of the internship and beyond. Throughout the program, you will have the chance to connect with senior leaders through a series of learning sessions, attend hands-on skills workshops, network at social events and get a behind-the- scenes look at how various functions power the firm. We’ll empower you to bring your ideas to life and make an impact.
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.