1

Algorithms Intern Jobs in Illinois (NOW HIRING)

FPGA Intern

Chicago, IL · On-site

$225K/yr

As an FPGA Intern , you will build advanced trading applications leveraging cutting-edge technology ... Have strong understanding of data structures, and algorithms * An eagerness to learn and apply what ...

Showing results 41-60

Algorithms Intern information

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 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 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 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 cities in Illinois are hiring for Algorithms Intern jobs? Cities in Illinois with the most Algorithms Intern job openings:

Software Engineer Intern - Python, Summer 2027

Akuna Capital

Chicago, IL • On-site

$145K/yr

Other

Posted 28 days ago


Job description

About Akuna:

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market maker, meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies, and mathematical models.

Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm's first office in 2011 in the heart of the derivatives industry and the options capital of the world - Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, Singapore, and London.

What you'll do as a Python Software Engineer Intern at Akuna:

We are seeking Python Software Engineer Interns to join our innovative and growing technology team for our 10-week Akunacademy internship program. In this role, you will join either our Post Trade Technology or Data Engineering teams and work alongside software engineers and traders to design and implement elegant solutions to complex and interesting problems. Each intern takes full ownership of their project, and at the end of the program, has the opportunity to present their work and accomplishments.

Python Software Engineer Interns at Akuna have the opportunity to use cutting-edge technology while working on high-performance systems that process and analyze large volumes of trading and market data. We offer a team-based approach to trading and software engineering, believing that productive integration of the two groups is vital for success in this industry.

Akuna is looking for software engineer interns who are motivated and willing to reach for creative solutions when faced with novel problems. We value innovation and hard work and want our engineers to make an impact on the firm. Whether you are interested in trading infrastructure, algorithms, exchange gateways, or data capture and analysis, there's engaging work to be done. If you are excited to jump in and make a difference, Akuna could be the place for you.

Requirements for this role:

  • Pursuing a bachelor's, master's, or Ph.D. in a technical field (Computer Science/Engineering, Math, Physics, or equivalent)
  • Graduating by August 2028
  • Major GPA of 3.5 or above
  • Legal authorization to work in the U.S. is required on the first day of employment including F-1 students using OPT or STEM

Previous experience in finance or trading is not required. Many of our engineers joined Akuna with little-to-no prior knowledge of the markets, and we pride ourselves on our ability to onboard those new to the industry. Training and continuous education are provided for all engineers to ensure they can build the requisite technical and non-technical skillset for success.

Qualities That Make a Great Python Software Engineer Intern Candidate:

  • Strong programming skills in Object-Oriented Python Development
  • Demonstrated experience with distributed systems
  • Strong analytical and problem-solving skills
  • Ability to communicate with the trading team, obtain requirements, find solutions, and implement them in a clean and concise way
  • Ability to create an easily understood and testable codebase that can change as quickly as market conditions require
  • Ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems, is an essential function of the role
  • Passion for innovation and building systems from the ground up
  • Adaptability in an ever-changing environment
  • Self-starter attitude with the ability to work independently

Resumes must be submitted in PDF format.

In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want all groups to feel empowered to apply, even if you don't meet every qualification. We welcome your application and encourage you to take the first steps toward your future with us!

By applying to this role, you are indicating this is your top preference and acknowledge you will not be considered for other Quant and/or Tech roles at Akuna this recruiting season. This acknowledgement does not limit applications to Trading roles - in addition to this role, you may apply to any Trader roles of interest.

We are an AI-friendly company and encourage employees to leverage AI in their daily work. However, AI assistance is not permitted during interviews or assessments . Our interview process is designed to evaluate your individual skills and judgment , and the use of AI tools will result in disqualification from the hiring process.

In accordance with the Illinois Equal Pay Act, the minimum annualized base salary starts at $145,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate's experience, qualifications, and skill set. The minimum base salary herein was determined in good faith by Akuna Capital LLC.