2027 PhD Quantitative Research Intern

Schonfeld is a global multi-manager hedge fund that uses quantitative research, proprietary technology, and risk analytics to pursue risk-adjusted returns. The 2027 PhD Quantitative Research Intern will support alpha research by analyzing fundamental domains and alternative data, designing predictive signals, and backtesting and validating hypotheses for quantitative trading strategies.

What you'll do:

• Depending on the portfolio manager team you join, as a Quantitative Researcher Intern you will be directly responsible for furthering our alpha research
• You will understand the economics of a fundamental domain, and the corresponding insights that can be gathered from associated alternative data offerings
• You will identify compelling differentiating factors, design novel predictive signals, backtest & validate hypotheses
• Over the 10-week internship program, you will have the opportunity to collaborate with senior team members to learn what it takes to be a successful quantitative researcher
• Additionally, you’ll get the opportunity to network and socialize with peers throughout the internship

What they're looking for:

• Current PhD student in a quantitative or technical field such as statistics, mathematics, physics, electrical engineering, or computer science (ideally with one year left in your academic program)
• Excellent programming skills in languages such as Python, C, C++, Java, SQL, or R
• Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis and forecasting, pattern recognition, NLP)
• The ability to communicate research ideas clearly and succinctly
• Creative problem-solving skills and experience working with real-world datasets
• Strong attention to detail
• An advanced degree in a quantitative or technical field
• Previous financial industry experience although it is not required

Benefits:

• A dedicated manager and a mentor who’ll guide your development over the course of the internship and beyond.
• Learning sessions with senior leaders
• Hands-on skills workshops
• Networking at social events
• Learning and educational offerings
• Opportunities to make an impact
• Internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm’s walls