Summer 2027

Volatility Trading Developer Intern

Walleye Capital

Walleye Capital

51-200 employees

Multi-strategy investment firm with quant strategies

Compensation Overview

$80.77/hr

+ Housing Stipend + Transportation

New York, NY, USA

In Person

Ten weeks in New York City; housing stipend provided.

Category
Quantitative Finance
Required Skills
Python
Java
C/C++

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Requirements
  • Are pursuing an undergraduate or non-MBA master’s degree in mathematics, computer science, engineering, or a related field, with an expected graduation date between December 2027 and June 2028.
  • Demonstrate quantitative and analytical skills, with a strong foundation in programming (Python, Java, or C++), problem-solving capabilities, and a passion for technological innovation; leverage AI tools to enhance productivity, drive efficiency, and improve workflows.
  • Are self-motivated, adaptable, and detail-oriented, with the ability to manage multiple priorities in a fast-paced environment.
  • Communicate ideas clearly and effectively, both in writing and verbally, while maintaining accuracy and thoroughness.
  • Thrive in a collaborative culture that values intellectual humility, creativity, and continuous learning.
Responsibilities
  • Collaborate with traders to help implement and scale trading strategies, build bespoke datasets, automate execution workflows, and develop tools that integrate trading signals into the execution stack.
  • Design and maintain tools supporting daily trading inputs, including earnings, dividends, interest rates, and quant model parameters; design and manage critical trade lifecycle processes, including Early Exercise and Expiration workflows.
  • Assist in modernizing legacy systems across risk, P&L, operations, execution, and trading system monitoring to improve reliability, scalability, and performance.
  • Explore the financial and technical context of project work through research and inquiry, ensuring design decisions reflect the real-world domain.
  • Utilize AI to drive efficiency, enhance processes, and improve workflows.

Walleye Capital is a multi-strategy investment firm with about $11 billion in assets, based in New York City. It allocates capital across Fundamental Equities, Quant, and Volatility strategies to seek risk-adjusted returns, using diversification, a strong balance sheet, and sophisticated technology to execute across markets. The firm differentiates itself through its three core pillars—approach, platform, and people—combining a long-running, evolving technology platform with a diversified, edge-driven investment approach and a culture that blends autonomy with collaboration. Its goal is to deliver attractive, risk-managed returns for clients while expanding the platform and attracting top talent.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Plymouth, Minnesota

Founded

2005

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Find people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Volatility specialization supports demand for custom analytics and execution tools.
  • Multiple strategy groups create demand for portfolio construction and cross-asset risk aggregation.
  • UK and EMEA operations create demand for multi-jurisdiction compliance automation.

What critics are saying

  • Volatility-heavy books face forced de-risking during sharp regime shifts.
  • Options market making exposes Walleye to liquidity gaps and hedge-cost spikes.
  • Global trading infrastructure increases blast radius from outages or model failures.

What makes Walleye Capital unique

  • Walleye began as an electronic and floor-based options market maker.
  • Its volatility vertical spans macro volatility arbitrage, FX volatility, and interest-rate options.
  • The flagship fund combines quant, volatility, fundamental equities, and tactical strategies.

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Benefits

Phone/Internet Stipend

Company News

Business Insider
Apr 9th, 2026
Hedge funds cut Miami investment staff despite overall growth

Several major hedge funds are reducing their investment staff in Miami despite the city's reputation as a growing finance hub. Eight multistrategy firms — including Citadel, Millennium, Point72 and Balyasny — employed 218 investment professionals in Miami in 2025, down 20 from the previous year, even as their overall investing head count grew by over 11%. Citadel, which moved its headquarters to Miami in 2022, cut 15 investment professionals there whilst adding 77 globally. Millennium reduced its Miami presence from 53 investors to 48 and consolidated from two offices to one. Only ExodusPoint and Walleye increased their Miami investment staff. Growth is instead concentrated in New York, London, Hong Kong and Dubai, according to regulatory filings.

ETF Daily News
Sep 20th, 2025
Freightcar America (NASDAQ:RAIL) Downgraded by Wall Street Zen to Hold

Walleye Capital LLC purchased a new stake in Freightcar America in the 1st quarter valued at about $74,000.

ETF Daily News
May 12th, 2025
Price T Rowe Associates Inc. MD Has $812,000 Holdings in Liquidity Services, Inc. (NASDAQ:LQDT)

Walleye Capital LLC acquired a new stake in Liquidity Services in the fourth quarter worth $2,969,000.

MarketBeat
May 12th, 2025
Dimensional Fund Advisors LP Boosts Position in indie Semiconductor, Inc. (NASDAQ:INDI)

Finally, Walleye Capital LLC purchased a new stake in indie Semiconductor in the fourth quarter valued at $62,000.

MarketBeat
Mar 20th, 2025
Kingsoft Cloud (NASDAQ:KC) Sees Unusually-High Trading Volume Following Strong Earnings

Walleye Capital LLC purchased a new stake in Kingsoft Cloud in the third quarter worth approximately $119,000.