2027 DMFI Quant Research Intern

The Role

We are seeking exceptional PhD candidates to join our Quant Resource team in the London metro area. You will work with other Quant Researchers and Quant Developers to build and enhance the firm-wide pricing and analytics infrastructure. Interns will contribute to the design and implementation of pricing models, numerical methods, and the core analytics library that supports trading decisions across multiple asset classes.

This is an opportunity to build foundational tools that directly impact our quantitative trading business and support its growth and diversification.

What You’ll Do

• Advance pricing and analytics capabilities by implementing and optimizing pricing models for various financial instruments.
• Develop robust numerical methods for derivatives valuation.
• Ensure the analytics library meets the performance requirements of real-time trading systems.
• Design efficient algorithms for calibration, risk computation, and scenario analysis while maintaining mathematical rigor and computational efficiency.
• Collaborate with senior quants and developers over the 10-week internship, from mathematical theory through production deployment.
• Network and socialize with peers throughout the internship.

What You Need

• Current PhD student in a quantitative or technical field such as statistics, mathematics, physics, or electrical engineering (ideally with one year left in your academic program).
• Excellent programming skills in languages such as Python, C, C++, C#, or Rust.
• Strong knowledge of probability (e.g., stochastic calculus) and statistics.
• The ability to communicate research ideas clearly and succinctly.
• Creative problem-solving skills.
• Strong attention to detail.

We’d Love If You Had

• Previous financial industry experience (not required).
• An advanced degree in a quantitative or technical field.

Our Internship

Kick-start your career in finance with the Schonfeld Summer Internship. Over the course of 10 weeks, you will have the opportunity to build solutions that tackle real-world challenges and leave a lasting impact on the firm. As an intern, you will join a close-knit team that supports your growth and accelerates your career.

You will be paired with a dedicated manager and a mentor who will guide your development over the course of the internship and beyond. Throughout the program, you will connect with senior leaders through learning sessions, attend hands-on skills workshops, network at social events, and get a behind-the-scenes look at how various functions power the firm. You will be empowered to bring your ideas to life and make an impact.

Who We Are

Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world to capitalize on inefficiencies and opportunities within the markets. Drawing from decades of experience and a significant investment in proprietary technology, infrastructure, and risk analytics, we invest across four main strategies: Quant, Tactical, Fundamental Equity, and Discretionary Macro & Fixed Income.

Our Culture

At Schonfeld, we invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate, and pursue ambitious goals. We are teamwork-oriented and collaborative, and we encourage ideas—at all levels—to be shared.

As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships, and service initiatives that promote inclusion and purpose beyond the firm’s walls.