ZipRecruiter

Log In

1

Algorithms Intern Jobs in Illinois (NOW HIRING)

TransMarket Group

Algorithmic Trader Intern

Chicago, IL · On-site

Description As an Algorithmic Trader Intern, you will have the opportunity to learn and experience relative value arbitrage trading paired with innovative software. You will work closely with Junior ...

Whiterabbit.ai

As a Research Scientist Intern at Whiterabbit.ai, you will ... Play a key role in architecting the algorithms and models that will power our products * Train on a ...

Whiterabbit.ai

As a Research Scientist Intern at Whiterabbit.ai, you will ... Play a key role in architecting the algorithms and models that will power our products * Train on a ...

Whiterabbit.ai

As a Research Scientist Intern at Whiterabbit.ai, you will ... Play a key role in architecting the algorithms and models that will power our products * Train on a ...

Whiterabbit.ai

As a Research Scientist Intern at Whiterabbit.ai, you will ... Play a key role in architecting the algorithms and models that will power our products * Train on a ...

Whiterabbit.ai

As a Research Scientist Intern at Whiterabbit.ai, you will ... Play a key role in architecting the algorithms and models that will power our products * Train on a ...

Whiterabbit.ai

As a Research Scientist Intern at Whiterabbit.ai, you will ... Play a key role in architecting the algorithms and models that will power our products * Train on a ...

Whiterabbit.ai

As a Research Scientist Intern at Whiterabbit.ai, you will ... Play a key role in architecting the algorithms and models that will power our products * Train on a ...

next page

Showing results 1-20

All JobsAlgorithms Intern JobsAlgorithms Intern Jobs in Illinois

Algorithms Intern information

What does an algorithms intern do?

An Algorithms Intern assists with the research, development, and optimization of algorithms used in various software or engineering applications. Their work often involves analyzing data, implementing algorithmic solutions, and testing their performance under different conditions. Interns may collaborate with more experienced engineers or researchers to solve real-world problems, contribute to ongoing projects, and document their findings. This role is ideal for students or recent graduates with strong backgrounds in mathematics, computer science, or related fields.

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

To thrive as an Algorithms Intern, you need a solid foundation in mathematics, data structures, and algorithm design, often supported by coursework in computer science or a related field. Familiarity with programming languages such as Python, C++, or Java, along with experience using version control systems like Git, is typically required. Strong problem-solving abilities, analytical thinking, and effective communication skills help you collaborate and present solutions clearly. These competencies are crucial for developing efficient algorithms and contributing meaningfully to technical projects.

What types of projects or tasks can I expect to work on as an algorithms intern?

As an Algorithms Intern, you will typically be involved in solving real-world problems by developing, optimizing, and testing algorithms under the guidance of experienced engineers or researchers. Your daily tasks may include analyzing data sets, prototyping new approaches, benchmarking algorithm performance, and collaborating with cross-functional teams such as software engineers and data scientists. You may also participate in code reviews and present your findings to the team, gaining hands-on experience in both independent and collaborative work environments.

What is the difference between Algorithms Intern vs Data Science Intern?

AspectAlgorithms InternData Science Intern
Required CredentialsUndergraduate or graduate in CS, Math, or related fieldsUndergraduate or graduate in Data Science, Statistics, or related fields
Work EnvironmentTech companies, research labs, startupsTech companies, finance, healthcare, research institutions
Employer & Industry UsageFocus on algorithm development, optimization, and implementationFocus on data analysis, modeling, and insights generation

Algorithms Interns typically focus on developing and optimizing algorithms, often requiring strong programming and mathematical skills. Data Science Interns work on analyzing data, building models, and deriving insights. While both roles involve programming and statistical knowledge, Algorithms Interns are more specialized in algorithm design, whereas Data Science Interns focus on data analysis and interpretation.

What cities in Illinois are hiring for Algorithms Intern jobs?

Cities in Illinois with the most Algorithms Intern job openings:

Algorithms Intern jobs near you

Algorithmic Trader Intern

Chicago, IL • On-site

TransMarket Group
Semiconductor and Electronic Component Manufacturing • 51 - 200 employees
Learn more about TransMarket Groupexternal

Internship

Posted 27 days ago

Job description

Description

As an Algorithmic Trader Intern, you will have the opportunity to learn and experience relative value arbitrage trading paired with innovative software. You will work closely with Junior and Senior Traders to assist and learn all facets of automated trading. From researching and analyzing high-frequency tick data and trading performance, to building mathematical models and performing time series analysis, you will experience a deep dive into real-time trading and gain exposure to build your expertise. The ideal candidate is intellectually curious, technically analytical, and has the desire to learn and apply programming skills in a fast-paced environment (Python, C++). 

Responsibilities

  • Work with Junior and Senior Algorithmic Traders to assist and learn all facets of automated trading
  • Develop expertise in market microstructure, tick data, and automated trading systems
  • Build and maintain trading quantitative model tools and analytics
  • Learn and master programming languages
  • Develop, code, maintain and support production-quality automated trading strategies
  • Engage in dynamic research projects and formalized internship educational program

Requirements

  • Pursuing a Bachelor's, Master's, or Doctorate in a technical field or pertinent industry experience such as but not limited to STEM or Finance with a graduation date between December 2027 and Spring 2028
  • Required courses: Data structures, Probability, Statistics and Linear Algebra
  • Minimum major GPA of 3.5/4 or equivalent scale
  • Proficiency and experience in object-oriented programming languages, C++, Python and/or Java preferred 
  • Proficiency and experience in Linux scripting are a plus
  • Demonstrated passion for markets, finance, and trading such as, but not limited to personal trading, participation in trading competitions, attendance at firm discover days, industry related student groups or clubs and/or prior internship experience preferred 
  • Project or internship experience in data analysis, quantitative modeling and/or machine learning
  • Passion for math and software applied to markets and trading
  • Strong understanding of computing, math, probability, statistics, and finance
  • Strong work ethic and willingness to do what it takes to get the job done
  • Excellent verbal and written communication skills
  • Ability to work within a team in a fast-paced environment
  • This position requires physical presence and is onsite at our office in Chicago, IL

View our resources to prepare for the interview process.

Apply