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Internship Algorithmic Trading Jobs in New Jersey

Internship Algorithmic Trading information

What is an internship algorithmic trading?

Internship algorithmic trading positions are short-term roles, often offered to students or recent graduates, where individuals learn about and assist in developing, testing, and implementing automated trading strategies using computer algorithms. Interns typically work with quantitative analysts, traders, and software engineers to analyze market data, backtest strategies, and optimize trading models. These internships provide hands-on experience with programming, financial markets, and quantitative analysis, serving as a valuable stepping stone for a career in quantitative finance or trading.

What does an internship algorithmic trading do?

As an Algorithmic Trading intern, you'll likely be involved in tasks such as data collection and cleaning, backtesting trading strategies, and assisting with the development or enhancement of trading algorithms. You may work closely with quantitative analysts and traders to analyze market trends, evaluate performance metrics, and optimize models. Interns often gain hands-on exposure to programming languages like Python or C++, and collaborate within a fast-paced, team-oriented environment where communication and problem-solving skills are highly valued.

What skills and qualifications are needed for an internship algorithmic trading?

To thrive as an Algorithmic Trading Intern, you need strong quantitative skills, proficiency in programming (often Python, C++, or Java), and a solid understanding of financial markets, typically supported by coursework in mathematics, statistics, finance, or computer science. Familiarity with trading platforms, data analysis tools like MATLAB or R, and sometimes experience with version control systems or Bloomberg Terminal, is highly beneficial. Analytical thinking, attention to detail, and effective communication help interns contribute meaningfully to team projects and adapt quickly in fast-paced environments. These skills enable interns to analyze large datasets, develop trading algorithms, and collaborate efficiently, all of which are crucial for success in algorithmic trading.

What is the difference between Internship Algorithmic Trading vs Internship Quantitative Analysis?

AspectInternship Algorithmic TradingInternship Quantitative Analysis
Required CredentialsStrong programming skills, basic finance knowledge, often pursuing degrees in finance, computer science, or engineeringMathematical and statistical skills, degrees in mathematics, statistics, or related fields, programming skills beneficial
Work EnvironmentFast-paced trading firms, hedge funds, or proprietary trading desksFinancial institutions, research firms, or investment banks
Employer & Industry UsageCommon in trading firms and hedge funds focused on developing trading algorithmsUsed across finance sectors for data analysis, model development, and research

Internship Algorithmic Trading focuses on developing and implementing trading algorithms, requiring programming and finance knowledge. Internship Quantitative Analysis emphasizes data analysis and statistical modeling to inform investment decisions. Both roles involve quantitative skills but differ in their primary focus and work environment.

What are the most commonly searched types of Algorithmic Trading jobs in New Jersey?

The most popular types of Algorithmic Trading jobs in New Jersey are:

What are popular job titles related to Internship Algorithmic Trading jobs in New Jersey?

For Internship Algorithmic Trading jobs in New Jersey, the most frequently searched job titles are:

What job categories do people searching Internship Algorithmic Trading jobs in New Jersey look for?

The top searched job categories for Internship Algorithmic Trading jobs in New Jersey are:

What cities in New Jersey are hiring for Internship Algorithmic Trading jobs?

Cities in New Jersey with the most Internship Algorithmic Trading job openings:

Systems Engineering Asc Mgr - L4

Lockheed Martin Corporation

Moorestown, NJ • On-site

$118K - $219K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago


Lockheed Martin rating

8.2

Company rating: 8.2 out of 10

Based on 397 frontline employees who took The Breakroom Quiz

38th of 72 rated aerospace companies


Job description

Standard Job Description What We're Doing LockheedMartin is a pioneer, partner, innovator, and builder. Our world class workforce is on a mission to make a difference in the world, tackling some of the hardest engineering problems on the planet. We empower employees to dream big, perform with excellence, and create incredible products.

We are leveraging emerging, digitally enabled capabilities to lower cost, accelerate development, and deliver innovative solutions for our customers and stakeholders. By bringing the 4th Industrial Revolution to every role, we are reshaping aerospace and defense. The Opportunity - Functional Leader, RMS Engineering & Technology (E&T) The Rotary&Mission Systems (RMS) business is on a digital transformation journey.

We are leading the best engineering workforce in the industry, modernizing processes, advancing technology, and strengthening our position as the world's aerospace and defense leader. We need visionary functional leaders to drive this change and leadership. We are hiringtwo first line associate managers to lead radar systems engineering teams within the Maritime & Missile Defense Radar (MMDR) department.

Each manager will own one or more of these functional domains: Radar algorithm design & control solutions for ballistic missile defense, anti-air warfare, and hypersonic defense Radar modeling & simulation, digital twin development, and performance analysis Radar system integration, test, and verification Job Description: Systems Engineering Associate Manager in the Maritime & Missile Defense Radar (MMDR) department managing an RMS Engineering and Technology (E&T) organization supporting the programs within the SEMS line of business, reporting directly to the MMDR Senior Manager. This First Line Manager will lead a group of radar systems engineers supporting Lockheed Martin's Scalable, Supportable, Software-Defined, S-Band Radar (S4R) product line as well as Aegis SPY-1 radar programs in Moorestown, NJ or Camden, NJ. This Manager will be responsible for ensuring that appropriate engineering processes, technical personnel, and design tools are applied and managed.

Staffing responsibilities include the projection and planning of appropriate staffing levels, recruiting and selection of interns, contractors, college hires and experienced professionals. The position will be responsible for program execution, driving technical and organizational strategy, instilling and maintaining engineering discipline, and enhancing employee experiences while focusing on functional management excellence. Basic Qualifications - B.S

in Electrical Engineering, Computer Science, Computer Engineering, Physics, or equivalent. - Experience in two or more of the following areas: system integration & test, system analysis, trade studies, requirements development, design, modeling and simulation, performance assessment, requirements verification, Control Account Management. - Demonstrated experience in leading multi-disciplinary engineering teams, including task planning, budget management, or employee development and mentoring - Proven ability to resolve and drive complex technical issues and challenges to closure.

- Excellent interpersonal and communication skills, emotional intelligence, strong work ethic, and self-motivation - Strong customer focus with track record of achieving outstanding customer satisfaction. - Ability to obtain a Secret security clearance. Desired Skills - Advanced degree in Electrical Engineering, Computer Science, Software Engineering, Computer Engineering, Systems Engineering, Physics, Mathematics, or equivalent.

- Prior engineering management experience. - Prior experience in radar systems engineering or systems engineering techniques, such as Agile and Model Based System Design; experience in requirement verification; automated testing methodologies; performance analysis; radar tracking or discrimination algorithm development; radar control design; model driven test; modeling of simulation and tactical software. - Hands-on experience developing, implementing, and assessing the results of performance models/simulations.

- Hands-on experience developing, implementing, and assessing performance of radar algorithms. - Experience with CI/CD (Continuous Integration / Continuous Development) and DevSecOps. - Prior experience in the SPY-1 or S4R product line portfolio.

- Risk management experience, including identification, mitigation, abatement planning, and tracking. - Self-starter personality with an ability to multi-task effectively. - Ability to collaborate with multi-functional teams.

- Proposal development experience; Basis of Estimate (BOE) development experience. - Experience working and leading teams in an Agile team environment. Pay Information Full-Time Salary Range: $118000.00 - $219100.00 At Lockheed Martin, we know mission success starts with taking care of our people

Our Total Rewards program is designed to attract top talent, support your well-being, and help you grow-both professionally and personally. The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only.

Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer. Benefits offered: Medical, Dental, Vision, Flexible work arrangements and schedules (e.g., 4x10), 401(k) match, Paid time off, Holidays, Parental Leave, EAP, Flexible Spending Accounts, Education Assistance, Life Insurance, Short-Term Disability, and Long-Term Disability. Annual short-term and/or long-term incentive compensation programs may be offered depending on the position

Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics. For (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays

PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.


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About Lockheed Martin

Sourced by ZipRecruiter

As a global security and aerospace company, the majority of Lockheed Martin's business is with the U.S. Department of Defense and U.S. federal government agencies.The remaining portion of Lockheed Martin's business is comprised of international government and commercial sales of products, services and platforms.

Industry

Manufacturing

Company size

10,000+ Employees

Headquarters location

Bethesda, MD, US

Year founded

1912