About the Role
The PhD quant research internship is an intensive 10-week program designed to provide hands-on experience with real-world research, data, and markets. Participants receive two weeks of training followed by an 8-week project working 1:1 with experienced researchers on live business needs.
Responsibilities
- Own a research project end to end in areas such as predictive modeling and alpha research
- Improve models and systems behind live trading
- Collect, clean, and explore large datasets
- Engineer features to turn raw data into predictive signals
- Build, fit, and evaluate models on a supercomputing grid
- Present research results to the team throughout the summer
- Deliver a final presentation of research findings
- Engage in daily 1:1 mentorship with experienced quant researchers
Requirements
- Currently enrolled in a PhD program in Statistics, Mathematics, Computer Science, Physics, or a highly quantitative field
- Experience conducting an in-depth research project with real-world data
- Programming experience in Python with the ability to read, understand, and debug code
- Systematic research thinking and ability to design rigorous tests
- Ability to explain research choices and methodologies
- Communicative and collaborative working style
- Creativity and initiative to explore ideas independently
- Perseverance in solving complex problems
- Reliable and predictable availability
Skills
- Python
- Statistical analysis
- Data mining
- Predictive modeling
- Machine learning
- C++
- Financial market knowledge
Location
- Chicago, IL
- New York, NY
Work Type
- Internship
- In-person
- Full-time
Experience Level
- PhD student
Education Level
- PhD
Salary/Compensations
- $300,000 per year
Benefits
- Mentorship from experienced researchers
- Access to supercomputing grid
- Pathway to full-time offer
- Visa sponsorship for full-time positions
About the Company
- Jump Trading Group is a global firm committed to world-class research in mathematics, physics, and computer science.
- The firm designs, develops, and deploys technologies for global financial markets.
- The company culture emphasizes innovation, fearlessness, creativity, and collaboration.
Equal Opportunity
- International students are encouraged to apply and are eligible for CPT/OPT.
