We are seeking exceptional candidates to join one of our various quantitative investment teams. You will spend ten weeks with an experienced quantitative research team where you will be immersed in the culture and atmosphere of Schonfeld, working alongside talented professionals on high profile projects.
What you’ll do
The Quantitative Researcher Intern will work closely with senior researchers and portfolio managers on trading strategies and research projects. Quant Researchers at Schonfeld take on a wide range of responsibilities and challenges. They design, develop, deploy and support trading applications as well as new features and platforms.
You will leverage our top-notch research and trading infrastructure to develop models around alphas, execution, and risk management. We are here to help you acquire new skills and knowledge needed to solve the challenges. You will have enormous opportunities to learn and grow.
What you’ll bring
- Preferably pursuing a Ph.D. degree in a technical or quantitative field, such as math, physics, statistics, computer science and engineering.
- Someone who has demonstrated software engineering skills from previous internships, coding competitions, or publications
- Has an interest and proficiency in a programming language; various languages will be considered such as Python, R, MATLAB, Java or C++
- Has knowledge of databases (SQL)
- Strong attention to details.
- Excellent communication skills, both written and verbal.
- Collaborative approach to problem-solving.
The Schonfeld summer internship provides students with a unique opportunity to experience Schonfeld, our work, our people, and our culture. Interns will typically join a small team and will spend 10 weeks at Schonfeld from June – August.
Each summer intern will work on a tailored project that will provide them with real world experience. We provide all interns with a dedicated mentor and manager to help them navigate the summer successfully. Interns will also participate in our learning program, the Sapphire: Summer Session, which aims to provide tangible skills training and education on various functions across the firm and in the workplace. Along with the hands-on guidance and support from managers and mentors, interns will participate in weekly networking events, engage with our Diversity, Equity and Inclusion Alliance, attend panel discussions, and have many opportunities to get to know Schonfeld’s core values in practice.
The firm’s ethos is embedded in our people. ‘Talent is our strategy’ is our mantra and drives how we approach all initiatives at the firm. We believe our success is because of our people, so putting our talent above all else is our top priority.
Schonfeld strives to create an environment where our people can thrive. We foster a teamwork-oriented, collaborative environment where ideas at any level are encouraged and shared. The development and advancement of our talent is honed through interactions with each other, learning & educational offerings, and through opportunities to make impactful contributions. In our agile environment, engineers are expected to self-organize and collaborate on the best way to solve problems, and they are collectively responsible for the entire team’s delivery. Engineering teams are small and cross-functional, and value learning and knowledge sharing.
At Schonfeld, we strive to cultivate a sense of belonging throughout all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. As a firm we are committed to creating a hiring process which is not only fair, but also welcoming and supportive. On a daily basis, our employees welcome diversity across identity, thought, people and views which serves as the foundation of our culture and success. You can learn more about our DEI initiatives here – Belonging @ Schonfeld.
Who we are
Schonfeld Strategic Advisors is a multi-manager platform that invests its capital with Internal and Partner portfolio managers, primarily on an exclusive or semi-exclusive basis, across four trading strategies; quantitative, fundamental equity, tactical trading and discretionary macro & fixed income. We have created a unique structure to provide global portfolio managers with autonomy, flexibility and support to best enable them to maximize the value of their businesses.
Over the last 30 years, Schonfeld has successfully capitalized on inefficiencies and opportunities within the markets. We have developed and invested heavily in proprietary technology, infrastructure and risk analytics and continue to capitalize on new opportunities. In 2021 we launched our newest strategy, discretionary macro & fixed income as part of the continual growth of Schonfeld’s investible universe. Our portfolio exposure has expanded across the Americas, Europe and Asia as well as multiple asset classes and products.