2024 Risk Analyst Summer Internship
Posted on 9/14/2023

201-500 employees

Proprietary trading firm
Company Overview
Schonfeld's mission statement is to help clients work toward financial independence through planning.
New York, NY, USA
Experience Level
Desired Skills
Data Science
Data & Analytics
Quantitative Finance
  • A Bachelor's, Master's, or PhD degree in a quantitative or technical field such as mathematics, physics, engineering, economics, or finance (ideally with one year left in your academic program)
  • Knowledge of, and coursework in, linear algebra, statistics, numerical optimization, and data science
  • Proficient programming ability in Python
  • Knowledge of databases like SQL and/or KDB
  • Excellent organizational skills and ability to communicate ideas clearly and succinctly
  • Strong problem-solving skills
  • A keen analytical eye with a high regard for attention to detail
  • A passion for financial markets and a desire to learn more about the strategies deployed by hedge funds
  • Previous financial industry experience
  • Knowledge of equities and market microstructure
  • We are excited to offer an opportunity for a diverse group of talented students to join the internship program at Schonfeld. You'll spend ten weeks with Risk team where you will be immersed in the culture and atmosphere of Schonfeld, working alongside talented professionals on meaningful projects
  • Risk Analysts at Schonfeld take on a wide range of responsibilities and challenges. They are responsible for helping portfolio managers think about different dimensions of risk, and further help with portfolio construction decisions designed to optimize risk-adjusted returns
  • As a Risk Analyst Summer Intern, you'll spend ten weeks with the Schonfeld Risk team, focusing on a quantitative risk research project related to topics such as portfolio construction and optimization, risk estimation and forecasting, and/or liquidity measurement. The research project will be empirical and involve the use of advanced quantitative techniques and economic theory. You will present your research project at the end of the program. Upon completion of the internship, you may be extended a full-time offer of employment
  • You will be assigned both a manager and mentor, participate in organized team-building events, lunch and learns, social activities, and network with senior management throughout the summer