Internship

Quantitative Developer Intern

Summer 2025

Posted on 8/5/2024

Arrowstreet Capital

Arrowstreet Capital

201-500 employees

Investment management for global equity strategies

No salary listed

Boston, MA, USA

Category
Quantitative Analysis
Algorithm Development
Quantitative Research
Quantitative Trading
Quantitative Finance
Software Engineering
Required Skills
Python
Data Science
R
Data Structures & Algorithms
Requirements
  • Enrolled in an undergraduate or graduate program from an educational institution in a technical field, such as computer science or engineering, with an additional focus in data science, applied mathematics, economics. Expected degree completion within a year of the internship
  • Strong analytical, quantitative, programming and problems solving skills
  • Knowledge of software design paradigms, data structures, and numerical algorithms
  • Understanding of probability and statistics, including linear regression and time-series analysis
  • Excellent communication and collaboration skills
  • Interest in financial markets (prior experience not required)
Responsibilities
  • Solving complex quantitative problems with Python or R
  • Designing and developing tools or libraries to enhance our data science technology stack
  • Performing exploratory data analysis across large complex data sets to inform investment and signal ideas
  • Implementing performance improvements in our data analysis and numerical programming libraries
  • Running POCs to evaluate technologies and libraries in cloud and PyData ecosystems

Arrowstreet Capital specializes in managing global and international equity investments for institutional clients, including pension plans and foundations. Their investment strategies include long-only, alpha extension, and long/short approaches, utilizing various financial instruments like swaps and futures. The company employs quantitative methods to analyze investment signals and develop proprietary models for returns, risks, and transaction costs. By focusing on a structured investment process, Arrowstreet aims to create diversified equity portfolios that seek to outperform specific benchmarks. They identify investment opportunities by evaluating a wide range of fundamental and market-based factors. With around $100 billion in assets under management, Arrowstreet serves over 200 clients across North America, Europe, and the Asia-Pacific region.

Company Size

201-500

Company Stage

Private

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1999

Simplify Jobs

Simplify's Take

What believers are saying

  • Advancements in AI enhance quantitative model capabilities for market trend prediction.
  • Increased interest in ESG investing can be leveraged by integrating ESG metrics.
  • Thematic investing trends offer opportunities for specialized equity strategies.

What critics are saying

  • Indictment of former executive for trade secrets theft may impact client trust.
  • Market volatility and geopolitical tensions could affect portfolio performance.
  • Rise of passive investment strategies may increase competition and pressure on fees.

What makes Arrowstreet Capital unique

  • Utilizes quantitative methods for investment signals in proprietary models.
  • Manages $100 billion for over 200 global clients.
  • Offers diverse equity strategies including long-only, alpha extension, and long/short.

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Benefits

Hybrid Work Options

Company News

News Breakers Online
Nov 4th, 2024
US Charges Chinese Hedge Fund Executive With Trade Secrets Theft

A top executive at a China-based hedge fund has been indicted in the United States and charged with stealing trade secrets from his former Boston-based employer, quantitative investment firm Arrowstreet Capital.

Defense World
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Arrowstreet Capital Limited Partnership purchased a new stake in Alkermes in the 1st quarter worth approximately $56,494,000.

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Arrowstreet Capital Limited Partnership acquired a new stake in Consumer Portfolio Services during the first quarter valued at approximately $115,000.

MarketBeat
Oct 5th, 2023
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Finally, Fullerton Fund Management Co Ltd. purchased a new stake in Crocs in the fourth quarter worth about $46,029,000.

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