About the role#
As a Quantitative Research Intern, you will solve complex problems within a trading environment. You will work on either a systematic equity trading desk or a fixed income options desk. This role focuses on non-latency sensitive investment opportunities and multi-asset class derivatives strategies. You will utilize the team's custom research infrastructure for the simulation, back-testing, and validation of models.
What you'll do#
- Create practical solutions to problems in the trading environment.
- Conduct statistical analysis of market data, historical trends, and relationships across multiple asset classes.
- Formulate and apply mathematical modeling, quantitative methods, and machine learning techniques to identify and capture trading opportunities.
- Work closely with traders and researchers to build and refine research infrastructure and tools.
What you'll need#
- Pursuing a Bachelor’s, Master’s, or PhD in a technical discipline with a focus on Statistics, Optimization, Machine Learning, Artificial Intelligence, Quantitative Finance, or related fields, with a graduation date between December 2027 and August 2028.
- Proficiency in Python programming, specifically using the machine learning stack including numpy, pandas, and scikit-learn.
- Strong analytical and problem-solving skills with a solid foundation in statistics.
- Working knowledge of probability theory, stochastic calculus, and numerical algorithms such as finite differences and Monte Carlo simulation.
- Excellent written and verbal communication skills to report research results and methodologies.
Location & details#
- Term: Summer 2027
- Locations: Chicago, Illinois or New York City, New York
- Modality: On-site
- Employment: Full-time
- Compensation: Paid internship
About DRW
DRW is a financial services firm that trades and invests across various asset classes and global markets. The company relies on technology, research, and risk management to identify trading opportunities. It maintains a presence in multiple international locations with its headquarters in Chicago. The firm employs approximately 2,500 people.
How to get in at DRW
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