ZipRecruiter

Log In

1

Intern Quantitative Modeling Jobs (NOW HIRING)

BSI Financial Services

Capital Markets Intern

Irving, TX · On-site

$15.50 - $20/hr

This role provides hands-on exposure to credit risk, loss modeling, and portfolio performance ... Strong analytical and quantitative skills * Proficiency in Microsoft Excel; experience with large ...

Autodesk

Intern, Model Based Systems Engineering

Novi, MI · Hybrid

$15.75 - $20.50/hr

The intern will explore integration of MBSE practices with computational geometry, AI/ML methods ... Understanding of quantitative trade-off methods (Multi-Attribute Utility Theory, Pareto analysis)

next page

Showing results 1-20

All JobsIntern Quantitative Modeling Jobs

Intern Quantitative Modeling information

What are the key skills and qualifications needed to thrive as an Intern in Quantitative Modeling, and why are they important?

To thrive as an Intern in Quantitative Modeling, you need a solid foundation in mathematics, statistics, and programming, often supported by coursework in quantitative fields like finance, engineering, or computer science. Familiarity with tools such as Python, R, MATLAB, and experience with statistical modeling libraries or financial data systems is highly valuable. Strong analytical thinking, attention to detail, and effective communication skills distinguish top candidates in this role. These skills and qualities are crucial for accurately analyzing complex data, building reliable models, and clearly presenting findings to support business or research decisions.

What are Intern Quantitative Modeling positions?

Intern Quantitative Modeling positions are internship roles where students or recent graduates work with experienced quantitative analysts to develop and implement mathematical models that assist in financial decision-making, risk management, or trading strategies. Interns typically use statistical, programming, and analytical skills to analyze large data sets and help solve real-world financial problems. These internships offer hands-on experience with quantitative tools, exposure to industry practices, and opportunities to learn from professionals in fields such as finance, insurance, or technology.

What is the difference between Intern Quantitative Modeling vs Intern Data Analysis?

AspectIntern Quantitative ModelingIntern Data Analysis
Required SkillsMathematics, programming, financial modelingData manipulation, statistical analysis, visualization
Work EnvironmentFinance, investment banks, hedge fundsTech companies, consulting firms, research institutions
Typical TasksBuilding models, forecasting, risk assessmentData cleaning, reporting, trend analysis

Intern Quantitative Modeling and Intern Data Analysis roles often overlap in skills like programming and data handling. However, quantitative modeling focuses more on creating financial or mathematical models used for decision-making, while data analysis emphasizes interpreting data to uncover insights. Both roles are common in finance and tech industries, but they serve different strategic purposes.

What types of projects or tasks can an Intern in Quantitative Modeling expect to work on during their internship?

As an Intern in Quantitative Modeling, you can expect to assist with developing, testing, and validating mathematical models used for financial analysis, risk assessment, or trading strategies. Typical tasks include working with large datasets, coding in programming languages such as Python or R, and collaborating with senior analysts or data scientists to solve real-world business problems. You'll often participate in team meetings, present your findings, and receive feedback to refine your models. This hands-on experience will help you build strong technical and analytical skills, while giving you exposure to the collaborative nature of quantitative teams in finance or technology firms.
What cities are hiring for Intern Quantitative Modeling jobs? Cities with the most Intern Quantitative Modeling job openings:
What are the most commonly searched types of Quantitative Modeling jobs? The most popular types of Quantitative Modeling jobs are:
What states have the most Intern Quantitative Modeling jobs? States with the most job openings for Intern Quantitative Modeling jobs include:
Intern Quantitative Modeling jobs near you
Software Engineer Intern - Full Stack Web

Software Engineer Intern - Full Stack Web

Akuna Capital

Chicago, IL • On-site

$130K/yr

Other

Posted 8 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, London, and Singapore. 

What you’ll do as a Quantitative Research Intern at Akuna:

Akuna’s Quant team is looking to add Quant Research Interns to a team of mathematicians, statisticians and technologists for our 10-week Akunacademy internship program in our Chicago office. This team creates trading strategies scientifically by combining its quantitative expertise with sophisticated understanding of derivatives and financial markets.

We are looking for talented researchers who can apply and develop machine learning algorithms to contribute to Akuna’s strategy portfolio. In this role you will:

  • Develop trading strategies using statistical and machine learning algorithms.
  • Design and implement optimization algorithms for portfolio construction.
  • Develop quantitative models describing market behavior.
  • Advance existing initiatives and explore opportunities for new research topics.

Qualities that make great candidates:

  • Pursuing a bachelor’s, masters or PhD in Statistics, Computer Science, Engineering, Mathematics (or a related subject)
  • Expertise in statistics and machine learning
  • Experience building mathematical models for complex real-world problems
  • Intermediate programming skills in Python 
  • The 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 are essential functions of the role
  • Financial experience is not a requirement
  • Must graduate by August 2027
  • 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 CPT, OPT or STEM

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 everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us!

Please note: By submitting an application for 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. 

In accordance with Illinois Equal Pay Act, the minimum annualized base salary starts at $130,000. 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.

Apply