Quantitative Researcher – Post-Doctoral Intern (US)

Job Description

At Citadel Securities, a leading global market maker, quantitative researchers model the markets and bring trading strategies to life. The team develops and tests automated quantitative trading strategies using sophisticated statistical techniques and complex financial data.

As an intern, you will participate in an 11-week research program, collaborating and connecting with senior team members while networking with peers throughout the internship. The signature internship program takes place from June through August, with occasional flexibility for other times of the year. You may indicate your preferred timing in the application.

Responsibilities

• Conceptualize valuation strategies, develop and continuously improve mathematical models, and translate algorithms into code.
• Backtest and implement trading models and signals in a live trading environment.
• Use unconventional data sources to drive innovation.
• Conduct research and statistical analysis to build and refine monetization systems for trading signals.

Qualifications

• Postdoctoral degree in mathematics, statistics, physics, computer science, or another highly quantitative field.
• Strong knowledge of probability and statistics, including areas such as machine learning, time-series analysis, pattern recognition, and natural language processing.
• Prior experience working in a data-driven research environment.
• Experience translating mathematical models and algorithms into code using Python, R, or C++.
• Independent research experience.
• Ability to manage multiple tasks and thrive in a fast-paced team environment.
• Excellent analytical skills and strong attention to detail.
• Strong written and verbal communication skills.

Compensation

In accordance with applicable law, the base salary range for this role is $4,500 to $5,800 per week.

About Citadel Securities

Citadel Securities is a technology-driven, next-generation global market maker. The company provides institutional and retail investors with world-class liquidity, competitive pricing, and seamless front-to-back execution across a broad array of financial products.

Its teams of engineers, traders, and researchers harness leading-edge quantitative research, computing power, machine learning, and artificial intelligence to power analytics and address the market’s and clients’ most critical challenges. Together, they are forging the future of capital markets.

For more information, visit citadelsecurities.com.

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