About the role#
The Multi-strategy team at the State of Wisconsin Investment Board manages internal long/short strategies. This internship offers the chance to contribute to the Multi-strategy investment platform through quantitative research and technical development. You will work on projects that support asset pricing and risk management frameworks.
What you'll do#
- Assist with the development of trading signals and tools for the investment platform.
- Create asset pricing models for equities, bonds, currencies, or commodities using cash and derivatives.
- Develop code in Python to support research and operations.
- Build database tables and interfaces for streaming research data.
- Help design risk budgeting and performance appraisal frameworks for active strategies.
- Document and present your research findings to the team.
- Complete specialized projects as assigned.
What you'll need#
- Enrollment as a graduate student in Finance, Statistics, Mathematics, Physics, Engineering, or a related field.
- Interest in quantitative and systematic investment strategies.
- Programming experience using Python.
- Experience analyzing large data sets through statistical methods, machine learning, and agentic AI tools.
- Ability to work as part of a team and conduct independent research.
- Clear and articulate communication skills for presenting ideas.
Location & details#
- This is a full-time, paid internship located on-site in Madison, Wisconsin.
- The position spans approximately 10 weeks, beginning in late May or early June 2027.
- Sponsorship is not available for this role.
About State of Wisconsin Investment Board
The State of Wisconsin Investment Board manages assets for the Wisconsin Retirement System and other state funds. Founded in 1951, the organization is based in Madison and operates as a government agency. It oversees approximately 178 billion dollars in assets to provide retirement benefits for over 703,000 public employees. The board employs between 201 and 500 people to handle investment operations, risk management, and capital markets.
How to get in at State of Wisconsin Investment Board
Applying early gives you a distinct advantage at the State of Wisconsin Investment Board, as recruiters review applications before the volume becomes unmanageable. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you apply among the first and get seen before the pile grows. Reaching out to the right people often yields better results than submitting through a general portal. Intern Insider surfaces the recruiters behind the company roles so you can reach out directly to ask about the position or a referral, which materially improves your response rates.
