Summer Intern 2027 - Quantitative Researcher (PhD)

Five Rings·New York·United States·Hedge Fund & Quant

Five Rings is hiring a Summer Intern 2027 - Quantitative Researcher (PhD) in New York. Posted 2026-07-14; applications close 2026-09-12 (in 53 days).

Role details

About Five Rings

Five Rings is a proprietary trading firm founded with a vision of combining strategy, innovation, and technology to succeed in today’s global markets. With offices in New York, Boca Raton, London, and Amsterdam, Five Rings trades in various domestic and international markets, both established and esoteric. Our team constantly seeks new opportunities, analyzes their risks and rewards, and creates strategies and tools to capitalize on them.

We have an open culture and encourage the flow of knowledge and ideas between all areas of the firm.

About the Program

Five Rings offers an intensive 9-week summer internship program that runs from the beginning of June through the beginning of August. The program includes immersion in hands-on projects, classroom instruction, and in-house built strategy games. Interns will work closely with the research team on development projects, and you will have a mentor fully dedicated to you during the internship.

You will take part in a series of talks to introduce you to key trading concepts. We also offer a variety of activities such as strategic game nights, nights out in New York, dinners, and more.

About You

  • Must be working towards a PhD in computer science, mathematics, physics, statistics, economics, or another qualifying field
  • Exceptional at math and with other quantitative skills
  • Has a hunger to work on some of the most complex mathematical problems we find
  • Must enjoy problem solving, as it is at the forefront of the role
  • Enjoys initiating or acting on a thought or idea as soon as it comes to mind
  • Proven track record of success within their field of specialty
  • Excited to work as a team, but also comfortable testing ideas independently
  • Must have basic programming experience through internships or academia
  • Meticulous and detail-oriented
  • Eager to learn

Compensation

Annual Base Salary: $300,000. Additionally, interns receive a sign-on bonus and corporate housing.

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Applying to this role

This Summer Intern 2027 - Quantitative Researcher (PhD) role at Five Rings runs through the firm's own careers portal and expects a CV and cover letter written specifically for the posting, not a portable submission carried across firms. Jorb AI's application agent tailors a CV and cover letter from your background to this posting and tracks the role alongside the rest of your applications.

Jorb AI tracks details for Summer Intern 2027 - Quantitative Researcher (PhD) at Five Rings. Postings refresh hourly from primary careers pages. Job details mirror the firm's posting; the apply link goes directly to the source. Last refreshed 2026-07-21.

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