Tools & Compilers Research and Development
Jane Street
Tools & Compilers Research and Development
Jane Street
Trades stocks, bonds and funds as a market maker
About the Position
We are excited to announce research internships in our Tools and Compilers group. We're looking for PhD and masters students with outstanding research experience in programming languages, compilers, verification, and related areas.
Jane Street's Compilers team focuses on improving OCaml as a foundation for Jane Street's ever-growing technology stack, in collaboration with the greater OCaml community. We work on many different aspects of the compiler, aiming to make it easier for developers to express their ideas in OCaml, to improve the performance of the generated code, and to make the OCaml compiler itself faster and easier to use.
Over the years, we extended the type system with support for novel language features, re-engineered the optimizer ground-up, and added feedback-directed optimization. We also extend and enhance the surrounding toolchain, working on tools for profiling, debugging, documenting, and building automation. The vast majority of our work is open-source, and we upstream as much as we can to the mainstream OCaml compiler.
During the internship, you will work in collaboration with your mentors on one project for about 10-12 weeks. You'll learn how we use OCaml in our day-to-day work, and gain exposure to the libraries and tools that are foundational to our internal systems. You'll gain a better understanding of the wide range of problems we solve every day. You'll try out new ideas and apply state-of-the-art research to a large actively-developed production codebase.
We'll pick a project that combines your research background with our active work on the OCaml compiler and core libraries. Example project areas include:
You'll also be able to access our physical and virtual educational resources, attend guest speakers and social events, and hopefully get a real sense of what it would be like to work here full-time.
About You
We're looking for PhD and masters students with outstanding research experience in programming languages, compilers, verification, and related areas. We don't expect you to have a background in finance, OCaml, or functional programming. Please include the list of your peer-reviewed publications in your resume.
Trades stocks, bonds and funds as a market maker
Jane Street trades stocks, bonds, options, and exchange-traded funds with its own money as a market maker, a firm that constantly quotes prices to buy and sell so other investors can trade whenever they want. In 2025, it made more money from trading than JPMorgan Chase or Goldman Sachs, the biggest trading banks on Wall Street. Its traders, researchers, and engineers build computer-driven strategies that trade on exchanges and other venues around the world, and it also trades directly with large institutional clients. It earns the small gap between buying and selling prices across huge volumes, plus gains on positions it holds for minutes to days. Jane Street was founded in 2000 and is based in New York.
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