Quantitative Trading Analyst Intern

DRW Trading Group • Chicago, IL

100d • $175,000 - $200,000

About The Position

As a Quantitative Trading Analyst Intern, you will gain exposure to the dynamic worlds of trading and technology in order to learn what it takes to become a successful and sustainable trader. You will work on a small team to combine the disciplines of technology, research and risk management to identify optimal trading and investment strategies within the regulatory framework through a series of project based assignments. At the conclusion of 10 weeks, you will have the opportunity to present your results to senior leadership at DRW. While your days will have you engrossed with complex quantitative trading projects, your evenings will be spent exploring the city with organized social events to truly discover what it's like to live and work in Chicago, Greenwich & New York.

Requirements

• Pursuing a bachelor's, master's or PhD in mathematics, economics, physics, statistics, computer science or any engineering related field with an expected graduation date between December 2026 and June 2027
• Advanced quantitative, analytical and problem-solving skills and the ability to deploy those skills under time-sensitive situations
• Proficient programming in Python
• Self-motivated, enjoy challenges and significant responsibility, and thrive in fast-paced, competitive environments
• A passion for the financial markets and a deep curiosity to explore new methodologies
• Strong communication skills to advocate your ideas in a clear and concise manner to the group

Responsibilities

• Collaborate with senior traders, technologists and quantitative researchers by developing and improving trading strategies by working directly on the trading desk
• Identify and research in the development of cutting-edge market research projects using powerful analytic tools
• Conduct market research projects that vary from macroeconomic data curation and analysis to application of machine learning techniques to market tick data for automated trading
• Be given immediate responsibility through assignments like position tracking, calculating risk, and analyzing vital theoretical values

Benefits

• Meaningful projects that promote a comprehensive learning experience and provide real-world work experience
• Community activities including educational, social and team-building events
• Housing provided in fully furnished apartments located close to the office
• Mentorship from experienced professionals in the field
• Educational courses including an options course and a technology immersion course

What This Job Offers

• Career Level: Intern
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree