# 2027 Quantitative Researcher Intern, New York

[Millennium](https://www.jorb.ai/firms/millennium.md) · New York · United States · [Hedge Fund & Quant](https://www.jorb.ai/jobs/hedge-fund-quant.md)

Millennium is hiring a 2027 Quantitative Researcher Intern, New York in New York. Posted 2026-07-27; applications close 2026-09-25.

**Apply**: https://mlp.eightfold.ai/careers/job/755957778843

Posted 10d ago.

## Role details

## 2027 Quantitative Researcher Intern, New York

## About Millennium

Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation, and focus, Millennium’s mission is to deliver results for our investors.

Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management, and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve, and build lasting impact over time.

## Meet the Teams

Millennium’s teams operate in a dynamic and entrepreneurial environment, supported by the firm’s resources, technology, and strong commitment to innovation across data and markets. Within areas such as Equities, Fixed Income, Credit, Commodities, Execution Services, Risk, and Portfolio Pricing and Valuations, teams combine deep specialization with a rigorous risk framework and a collaborative culture focused on delivering high-quality results.

## What You’ll Do

  
- Explore and analyze a wide range of datasets, including market and alternative data, using statistical, machine learning, econometric, and applied mathematics techniques.
  
- Backtest strategies to evaluate performance, robustness, and practical application.
  
- Build and enhance research tools, including data acquisition and normalization libraries, backtesting tools, and portfolio optimization capabilities.
  
- Partner closely with quantitative researchers and investment professionals to support live investment strategies.
  
- Apply analytical and programming skills to solve real-world quantitative research challenges.

## What You Bring

  
- Graduating between December 2027 and July 2028.
  
- Academic Excellence: cumulative GPA of 3.5 or above required.
  
- Pursuing a Master’s degree in a technical or quantitative discipline such as financial engineering, quantitative and computational finance, statistics, applied mathematics, physics, computer engineering, computer science, operations research, data science, or engineering.
  
- Demonstrated proficiency in Python; experience with additional languages such as C++ is a plus.
  
- Ability to apply AI tools effectively in quantitative workflows and clearly explain methodology, rationale, and output validation.
  
- Understanding of data structures and algorithms.
  
- Experience conducting an in-depth research project using real-world data.
  
- Solid knowledge of statistical and machine learning techniques.
  
- Availability to commit fully to the internship for the full program duration.

## Salary Range

The estimated base salary range for this position is $175,000 - $180,000, which is specific to New York and may change in the future.

## Applying to this role

This 2027 Quantitative Researcher Intern, New York role at Millennium 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.

[Tailor this application](https://www.jorb.ai/signup?ref=job-atom&firm=millennium&job=6a6d3732346310bd84beb885)

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Updated: 2026-08-06
Canonical: https://www.jorb.ai/jobs/6a6d3732346310bd84beb885
