Quantitative Research Intern, Summer 2027

Akuna Capital • Chicago, IL

1d • Onsite

About The Position

Akuna’s Quant team is looking to add Quant Research Interns to a team of mathematicians, statisticians and technologists for our 10-week Akunacademy internship program in our Chicago office. This team creates trading strategies scientifically by combining its quantitative expertise with sophisticated understanding of derivatives and financial markets. We are looking for talented researchers who can apply and develop machine learning algorithms to contribute to Akuna’s strategy portfolio.

Requirements

• Pursuing a bachelor’s, masters or PhD in Statistics, Computer Science, Engineering, Mathematics (or a related subject)
• Expertise in statistics and machine learning
• Experience building mathematical models for complex real-world problems
• Intermediate programming skills in Python
• The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role
• Must graduate by August 2027
• GPA of 3.5 or above
• Legal authorization to work in the U.S. is required on the first day of employment including F-1 students using CPT, OPT or STEM
• Resumes must be submitted in PDF format.

Nice To Haves

• Financial experience is not a requirement

Responsibilities

• Develop trading strategies using statistical and machine learning algorithms.
• Design and implement optimization algorithms for portfolio construction.
• Develop quantitative models describing market behavior.
• Advance existing initiatives and explore opportunities for new research topics.

Benefits

• In accordance with Illinois Equal Pay Act, the minimum annualized base salary starts at $145,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate’s experience, qualifications, and skill set. The minimum base salary herein was determined in good faith by Akuna Capital LLC.

What This Job Offers

• Career Level: Intern