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Internship

Quantitative Developer Intern

Summer 2025

Confirmed live in the last 24 hours

Arrowstreet Capital

Arrowstreet Capital

201-500 employees

Investment management for global equity strategies

Quantitative Finance
Financial Services

Boston, MA, USA

Category
Quantitative Analysis
Algorithm Development
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 investments for institutional clients, including pension plans and foundations, by offering global and international equity investment strategies. 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. This structured investment process aims to create diversified equity portfolios that seek to outperform specific benchmarks by identifying opportunities across different companies, sectors, and countries. With around $100 billion in assets under management, Arrowstreet Capital serves over 200 clients across North America, Europe, the UK, and the Asia-Pacific region.

Company Stage

Private

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1999

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Simplify's Take

What believers are saying

  • Arrowstreet Capital's substantial assets under management and global client base indicate strong financial stability and growth potential.
  • The firm's innovative use of quantitative methods and proprietary models offers employees exposure to cutting-edge investment strategies.
  • Working at Arrowstreet Capital provides opportunities to engage with a diverse set of global markets and sectors, enhancing professional development.

What critics are saying

  • The reliance on quantitative models means that any flaws or miscalculations in these models could lead to significant financial losses.
  • The competitive nature of the investment management industry requires continuous innovation and adaptation to maintain a competitive edge.

What makes Arrowstreet Capital unique

  • Arrowstreet Capital's quantitative investment approach, utilizing proprietary return, risk, and transaction cost models, sets it apart from traditional investment managers.
  • The firm's focus on global and international equity strategies, combined with a structured investment process, provides a diversified and robust portfolio management approach.
  • Managing approximately $100 billion for over 200 clients globally, Arrowstreet Capital demonstrates significant scale and reach in the investment management industry.

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