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Algorithm Engineer Intern Jobs in New York (NOW HIRING)

Solid grounding in the foundational concepts behind a variety of advanced ML algorithms ... Good to Have * Working knowledge of modern AI and analytics engineering patterns, including ...

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Algorithm Engineer Intern information

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$32

How much do algorithm engineer intern jobs pay per hour?

As of Aug 20, 2026, the average hourly pay for algorithm engineer intern in New York is $21.13, according to ZipRecruiter salary data. Most workers in this role earn between $17.60 and $22.88 per hour, depending on experience, location, and employer.

What does an algorithm engineer intern do?

An Algorithm Engineer Intern develops, optimizes, and implements algorithms to solve complex problems in fields like machine learning, data processing, or computer vision. They work closely with experienced engineers to analyze large datasets, improve existing models, and write efficient code. Responsibilities may include researching new algorithmic approaches, debugging issues, and testing performance. This role requires strong mathematical skills, programming proficiency (commonly in Python, C++, or Java), and familiarity with data structures and algorithms.

What are the key skills and qualifications needed to thrive as an algorithm engineer intern?

Excelling as an Algorithm Engineer Intern requires strong problem-solving abilities, proficiency in programming languages such as Python or C++, and a solid understanding of data structures, algorithms, and mathematics, often supported by ongoing studies in computer science or a related field. Familiarity with version control systems like Git, as well as experience with machine learning frameworks or relevant academic coursework, is typically expected. Excellent communication skills, a collaborative mindset, and eagerness to learn set candidates apart in this team-oriented environment. These skills are crucial to successfully contribute to real-world projects, adapt quickly, and effectively solve technical challenges in dynamic work settings.

What types of projects or tasks can I expect as an algorithm engineer intern?

As an Algorithm Engineer Intern, you can expect to work on a mix of real-world projects, such as developing and optimizing algorithms, analyzing data sets, or assisting in research and prototyping. You may also help implement algorithmic solutions for existing products or services under the guidance of senior engineers and participate in code reviews and team meetings. Interns often collaborate closely with software engineers, data scientists, and other team members, gaining exposure to both technical and cross-functional work. These experiences provide valuable hands-on training and a springboard for future roles in software engineering or data science.

What are the most commonly searched types of Algorithm Engineer jobs in New York?

The most popular types of Algorithm Engineer jobs in New York are:

What cities in New York are hiring for Algorithm Engineer Intern jobs?

Cities in New York with the most Algorithm Engineer Intern job openings:

Infographic showing various Algorithm Engineer Intern job openings in New York as of August 2026, with employment types broken down into 90% Full Time, 6% Part Time, and 4% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $43,952 per year, or $21.1 per hour.

Quantitative Researcher - PhD Intern (US)

Citadel

Greenwich, CT • On-site

$4.5K - $5.8K/wk

Other

Re-posted 4 days ago


Job description

Job Description

At Citadel, our mission is to be the most successful investment team in the world. Quantitative Researchers play a key role in this mission by developing next-generation models and trading approaches for a range of investment strategies. 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 New York, Miami, Greenwich, and Houston.

In accordance with applicable law, the base salary range for this role is $4,500 to $5,800 per week.

About Citadel

Citadel is one of the world's leading alternative investment managers. We manage capital on behalf of many of the world's preeminent private, public and nonprofit institutions. We seek the highest and best use of investor capital in order to deliver market leading results and contribute to broader economic growth. For over 30 years, Citadel has cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers and engineers in the world. Our colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.