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Internship

2025 Quant Research Summer Intern

Confirmed live in the last 24 hours

Schonfeld

Schonfeld

501-1,000 employees

Multi-manager investment platform with diverse strategies

Financial Services
Fintech

Compensation Overview

$84.13 - $105.77Hourly

+ Prorated based on internship start and end date

New York, NY, USA

Located in the New York City metro area.

Category
Quantitative Research
Quantitative Finance
Required Skills
Python
R
SQL
Natural Language Processing (NLP)
Requirements
  • A Bachelor’s, Master’s, or PhD degree in a quantitative or technical field such as statistics, mathematics, physics, electrical engineering, or computer science (ideally with one year left in your academic program)
  • Excellent programming skills in languages such as Python, C, C++, Java, SQL, or R
  • Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis and forecasting, pattern recognition, NLP)
  • The ability to communicate research ideas clearly and succinctly
  • Creative problem-solving skills and experience working with real-world datasets
  • Strong attention to detail
Responsibilities
  • Depending on the portfolio manager team you join, as a Quantitative Researcher Intern you will be directly responsible for furthering our alpha research.
  • You will understand the economics of a fundamental domain, and the corresponding insights that can be gathered from associated alternative data offerings.
  • You will identify compelling differentiating factors, design novel predictive signals, backtest & validate hypotheses.
  • Over the 10-week internship program, you will have the opportunity to collaborate with senior team members to learn what it takes to be a successful quantitative researcher.

Schonfeld Strategic Advisors provides a multi-manager platform integrating quantitative, fundamental equity, tactical trading, discretionary macro, and fixed income strategies, supported by proprietary technology, infrastructure, and risk analytics.

Company Stage

N/A

Total Funding

$1.5B

Headquarters

New York City, New York

Founded

1988

Simplify Jobs

Simplify's Take

What believers are saying

  • Schonfeld's diverse investment portfolio offers employees exposure to a wide range of industries, enhancing their market knowledge and expertise.
  • The firm's significant growth in Asia presents opportunities for international assignments and career advancement.
  • Working at Schonfeld provides access to a network of high-caliber professionals, fostering a collaborative and innovative work environment.

What critics are saying

  • The departure of key personnel, such as the Asia cohead, could disrupt operations and affect regional growth.
  • Schonfeld's aggressive acquisition strategy may lead to integration challenges and potential overextension.

What makes Schonfeld unique

  • Schonfeld's strategic acquisitions across diverse sectors, from biotechnology to media, demonstrate a broad investment approach that sets it apart from more specialized hedge funds.
  • The firm's rapid expansion in Asia, including Japan and Australia, highlights its aggressive growth strategy and commitment to global market penetration.
  • Schonfeld's ability to attract top talent, such as the recent hiring of Alphadyne's former CTO, underscores its reputation as a desirable workplace in the competitive hedge fund industry.