Summer 2027

Quantic – Quantitative Researcher Intern

Walleye Capital

Walleye Capital

51-200 employees

Multi-strategy investment firm with quant strategies

Compensation Overview

$115.38/hr

+ Housing Stipend

Boston, MA, USA

In Person

Ten-week internship in Boston, MA (June–August 2027).

Category
Quantitative Finance
Required Skills
LLM
Python
R
Machine Learning
REST APIs
Data Analysis

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Requirements
  • Are pursuing an undergraduate or advanced degree in computer science, engineering, statistics, mathematics, or a related field, with an expected graduation date between December 2027 and June 2028.
  • Possess strong programming skills—particularly in Python or R—and hold experience working with large datasets, APIs, or databases.
  • Demonstrate rigorous analytical thinking, statistical modeling abilities, and familiarity with techniques from machine learning, optimization, or time-series analysis.
  • Are self-starters who enjoy digging into complex, open-ended problems and can work both independently and collaboratively with a team.
  • Exhibit a genuine interest in financial markets, systematic investing, AI/LLM application, and using technology in dynamic, data-rich environments.
  • Showcase creativity and enthusiasm for leveraging AI tools to enhance productivity, improve processes, and generate investment alpha.
  • Thrive in a collaborative culture that values intellectual humility, creativity, and continuous learning.
Responsibilities
  • Research, design, and test predictive signals, data sets, and systematic trading strategies.
  • Extract and analyze large datasets from structured and unstructured sources, applying advanced statistical and computational methods.
  • Enhance research infrastructure and tools for trading, risk management and attribution.
  • Develop machine learning models to predict patterns in asset returns, risks, trading costs, or other portfolio-relevant variables.
  • Design and implement scalable code across various stages of the investment process.
  • Work in Python and/or R, with opportunities to contribute to research tools and libraries.
  • Leverage AI tools including LLM-based analytical pipelines to enhance processes and analyses.

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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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.