As a PhD intern, you'll develop trading strategies, conduct statistical analysis, backtest models, and collaborate with experienced team members in quantitative research.
Job Description
At Citadel Securities, a leading global market maker, our team of quantitative researchers models the markets and brings trading strategies to life every day. Specifically, this team develops and tests automated quant trading strategies using sophisticated statistical techniques. You'll get to challenge the impossible in quantitative research by applying sophisticated and complex statistical techniques to financial markets, some of the most complex data sets in the world.
As an intern, you'll dive into research through an 11 week program that will allow you to collaborate and connect with senior team members. In addition, you'll get the opportunity to network and socialize with peers throughout the internship.
Our signature internship program takes place June through August. Occasionally, we can be flexible to other times of the year. You will be able to indicate your timing preference in the application.
Your Objectives
Your Skills & Talents
Opportunities available in London and Zurich.
We collect and use personal data in accordance with our Privacy Policy. We retain data on prospective candidates and may consider suitability for alternative opportunities at Citadel. For more information, see our Privacy Policy.
About Citadel Securities
Citadel Securities is a technology-driven, next-generation global market maker. We provide institutional and retail investors with world-class liquidity, competitive pricing and seamless front-to-back execution in a broad array of financial products. Our teams of engineers, traders and researchers harness leading-edge quantitative research and the accelerating power of compute, machine learning and AI to power our analytics and tackle the market's and our clients' most critical challenges. Together, we are forging the future of capital markets. For more information, visit citadelsecurities.com .
At Citadel Securities, a leading global market maker, our team of quantitative researchers models the markets and brings trading strategies to life every day. Specifically, this team develops and tests automated quant trading strategies using sophisticated statistical techniques. You'll get to challenge the impossible in quantitative research by applying sophisticated and complex statistical techniques to financial markets, some of the most complex data sets in the world.
As an intern, you'll dive into research through an 11 week program that will allow you to collaborate and connect with senior team members. In addition, you'll get the opportunity to network and socialize with peers throughout the internship.
Our signature internship program takes place June through August. Occasionally, we can be flexible to other times of the year. You will be able to indicate your timing preference in the application.
Your Objectives
- Conceptualize valuation strategies, develop and continuously improve upon mathematical models, and help translate algorithms into code
- Back test and implement trading models and signals in a live trading environment
- Use unconventional data sources to drive innovation
- Conduct research and statistical analysis to build and refine monetization systems for trading signals
Your Skills & Talents
- PhD degree in mathematics, statistics, physics, computer science, or another highly quantitative field
- Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis, pattern recognition, NLP)
- Prior experience working in a data driven research environment
- Experience with translating mathematical models and algorithms into code (Python, R or C++)
- Independent research experience
- Ability to manage multiple tasks and thrive in a fast-paced team environment
- Excellent analytical skills, with strong attention to detail
- Strong written and verbal communication skills
Opportunities available in London and Zurich.
We collect and use personal data in accordance with our Privacy Policy. We retain data on prospective candidates and may consider suitability for alternative opportunities at Citadel. For more information, see our Privacy Policy.
About Citadel Securities
Citadel Securities is a technology-driven, next-generation global market maker. We provide institutional and retail investors with world-class liquidity, competitive pricing and seamless front-to-back execution in a broad array of financial products. Our teams of engineers, traders and researchers harness leading-edge quantitative research and the accelerating power of compute, machine learning and AI to power our analytics and tackle the market's and our clients' most critical challenges. Together, we are forging the future of capital markets. For more information, visit citadelsecurities.com .
Similar Jobs at Citadel Securities
Information Technology • Software • Financial Services • Quantitative Trading
Conduct original research applying machine learning, deep learning, and NLP to extract patterns from large and unstructured datasets; implement and back-test algorithms in high-quality code; document findings and collaborate with trading teams to deploy research-driven models.
Top Skills:
AIC++Deep LearningMachine LearningNlpPythonStatistics
Information Technology • Software • Financial Services • Quantitative Trading
As a Quantitative Researcher, you will develop trading strategies, implement mathematical models, analyze data, and contribute to high-level research in a trading environment.
Top Skills:
C++PythonR
Information Technology • Software • Financial Services • Quantitative Trading
Design, build, and operate distributed platforms, backend services, APIs, and data systems to support quantitative research, large-scale simulations, AI applications, and analytics. Improve performance, reliability, and scalability while collaborating with researchers to productionize research workflows.
Top Skills:
AirflowAPIsAWSAzureC++Distributed DatabasesGCPGoKafkaKubernetesPythonSdksSpark
What you need to know about the Charlotte Tech Scene
Ranked among the hottest tech cities in 2024 by CompTIA, Charlotte is quickly cementing its place as a major U.S. tech hub. Home to more than 90,000 tech workers, the city’s ecosystem is primed for continued growth, fueled by billions in annual funding from heavyweights like Microsoft and RevTech Labs, which has created thousands of fintech jobs and made the city a go-to for tech pros looking for their next big opportunity.
Key Facts About Charlotte Tech
- Number of Tech Workers: 90,859; 6.5% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Lowe’s, Bank of America, TIAA, Microsoft, Honeywell
- Key Industries: Fintech, artificial intelligence, cybersecurity, cloud computing, e-commerce
- Funding Landscape: $3.1 billion in venture capital funding in 2024 (CED)
- Notable Investors: Microsoft, Google, Falfurrias Management Partners, RevTech Labs Foundation
- Research Centers and Universities: University of North Carolina at Charlotte, Northeastern University, North Carolina Research Campus
