About the role#
DV Trading LLC is seeking a Quantitative Risk Intern for the Summer 2027 term. This full-time, on-site internship offers the opportunity to work within the Quantitative Risk Management team to influence business strategy and enhance decision-making through advanced analytics.
What you'll do#
- Generate suggestions for risk scenario wargaming exercises.
- Build and execute advanced quantitative risk monitoring, including the design, collection, and analysis of key risk metrics.
- Utilize advanced quantitative analytics to assess future risk, opportunities, and effectiveness.
- Translate analytical results into meaningful solutions for the business.
- Contribute to strategic, cross-functional initiatives within the Quantitative Risk Management team.
- Present the results of your reviews to the Executive Management Team.
What you'll need#
- Current pursuit of a degree in Mathematics, Statistics, Physics, Computer Science, or another highly quantitative field, with an expected graduation date between Winter 2027 and Summer 2028.
- Proficient to advanced knowledge of statistical modeling and quantitative techniques, such as linear and non-linear regression, optimization, simulation, time-series analysis, probability theory, survival analysis, value-at-risk, PCA, and GARCH.
- Basic proficiency in Python and SQL.
- Ability to communicate complex concepts and findings clearly and concisely.
- Knowledge of option pricing and fixed income analytics is preferred.
- Additional technical skills in Python SciPy, statsmodels, R, C/C++/C#, SAS, or Matlab are considered a plus.
Location & details#
- Location: Chicago, Illinois.
- Term: Summer 2027.
- Modality: On-site.
- Compensation: $35.00 to $40.00 per hour.
About DV Trading LLC
DV Trading LLC is a proprietary trading firm based in Chicago. Founded in 2006, the company operates as an independent entity that uses its own capital and risk management strategies. It provides liquidity to global financial markets and serves commodity producers and users. The firm maintains a workforce of 201 to 500 employees across North America and Europe.
How to get in at DV Trading LLC
Securing an internship at DV Trading requires timing and persistence. Because the firm receives a high volume of interest, Intern Insider sends an instant alert the moment a role matching your target is published anywhere. This allows you to apply among the first, as early applicants get seen before the pile grows.
Beyond timing, you should focus on making a direct connection. Intern Insider surfaces the recruiters behind the company's roles so you can reach out directly to ask about the role or a referral. Engaging with the right people in this way materially improves response rates compared to submitting a cold application.
