ZipRecruiter

Log In

1

Internship Python Quant Jobs in Chicago, IL (NOW HIRING)

IMC

Quantitative Trader Intern - Summer 2027

Chicago, IL · On-site

$250K/yr

Python, Matlab or R) * Must be able to start the internship on June 7, 2027 You may submit one ... Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers ...

DRW

Quantitative Research Intern

Chicago, IL · On-site

$250K - $300K/yr

Proficiency in Python programming experience using the Python machine learning stack: numpy, pandas ... internship * Meaningful projects: Each project, advised by a trader, promotes a comprehensive ...

DRW

Quantitative Trading Analyst Intern

Chicago, IL · On-site

$250K/yr

Proficient programming in Python * Are self-motivated, enjoy challenges and significant ... internship * Meaningful projects: Each project, advised by a trader, promotes a comprehensive ...

IMC

Hardware Engineer Intern - Summer 2027

Chicago, IL · On-site

$200K/yr

Our 10-week internship is your chance to experience life as a Hardware Engineer at IMC. You'll have ... C++, Python, or similar) * Strong analytical skills and interest in solving complex problems ...

next page

Showing results 1-20

All JobsPython Quant JobsInternship Python Quant JobsInternship Python Quant Jobs in Chicago, IL

Internship Python Quant information

What types of projects can an Internship Python Quant expect to work on, and how do these contribute to professional development?

As an Internship Python Quant, you can expect to work on data analysis, financial modeling, and algorithm development projects that support trading strategies or risk management. These projects often involve cleaning and analyzing large datasets, implementing statistical models, and automating reporting processes using Python. Collaborating closely with senior quants and traders, you'll gain practical exposure to real-world finance problems and enhance your coding, analytical, and communication skills—an excellent foundation for a future full-time quant role.

What are the key skills and qualifications needed to thrive as an Internship Python Quant, and why are they important?

To thrive as an Internship Python Quant, you need strong quantitative and analytical skills, foundational knowledge in mathematics or finance, and proficiency in Python programming. Familiarity with data analysis libraries (such as NumPy, pandas, and matplotlib), version control systems like Git, and experience with financial modeling tools are typically required. Attention to detail, problem-solving ability, and effective communication are standout soft skills for collaborating with teams and interpreting complex data. These skills are crucial for developing accurate quantitative models and delivering actionable insights in a fast-paced financial environment.

What is an Internship Python Quant?

An Internship Python Quant is a student or recent graduate position that focuses on quantitative analysis in fields like finance, trading, or data science, using Python as the primary programming language. Interns in this role typically work on tasks such as data analysis, model development, and algorithmic trading strategies, often supporting senior quantitative analysts or researchers. The position helps interns gain hands-on experience with financial data, statistical modeling, and the application of Python programming to solve real-world quantitative problems.

What is the difference between Internship Python Quant vs Quantitative Analyst?

AspectInternship Python QuantQuantitative Analyst
Required CredentialsTypically pursuing or recent graduate in finance, mathematics, or computer scienceBachelor's or master's in finance, mathematics, or related fields; often requires experience
Work EnvironmentInternship setting, learning-focused, entry-levelFull-time, professional environment, responsible for trading strategies
Employer & Industry UsageFinancial firms, hedge funds, investment banksFinancial institutions, asset management firms, hedge funds
Common Search & ComparisonYesYes

The Internship Python Quant is an entry-level position focused on learning and supporting quantitative trading strategies using Python. In contrast, a Quantitative Analyst is a full-time professional responsible for developing and implementing complex models for trading and risk management. The internship provides foundational experience, while the analyst role involves greater responsibility and expertise.

What are the most commonly searched types of Python Quant jobs in Chicago, IL? The most popular types of Python Quant jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Internship Python Quant jobs? Cities near Chicago, IL with the most Internship Python Quant job openings:
Internship Python Quant jobs near you
Quantitative Trader Intern

Quantitative Trader Intern

TransMarket Group

Chicago, IL

Full-time, Internship

Re-posted 14 days ago

Job description

Who We Are

Founded in 1980 as Aardvark Financial, TransMarket Group (TMG) is a privately held global markets proprietary trading firm in Chicago. We use next-generation technology to capture opportunities around the world and manage risk in financial markets. Our mission is to bless others through the services we provide and through the generous stewardship of the wealth we create.

TMG is a well-established and profitable business as a respected member of the global financial system for over 40 years, but also is like a startup because the potential of our group is at least one order of magnitude greater than what we are currently producing. We have an entrepreneurial culture and collaboratively develop our business with patience and discipline; we work hard, learn constantly, and relentlessly improve our expertise.

Description

Our Quantitative Traders are passionate about improving the global economy by facilitating risk transfer and restoring order to prices. As an intern, you will partner with Junior and Senior Traders to learn, assist and interact first hand in all facets of trading. The ideal candidate is intellectually curious, competitively driven, and has a disciplined appetite for risk.

Responsibilities

  • Develop expertise in relative value market fundamentals, quantitative modeling, and risk management
  • Build and maintain quantitative model tools and analytics
  • Actively learn and analyze real-time trades
  • Engage in formal internship classroom-style education programs and research projects

Requirements

  • Pursuing a Bachelor's, Master's, or Doctorate degree in a technical or industry related field such as but not limited to mathematics, statistics or financial engineering with a graduation date between December 2027 and Spring 2028
  • Proficiency in Python programming required (1-2 years of experience)
  • Required math coursework: Differential Equations, Linear Algebra, Multivariable Calculus, Probability and Advanced Statistics
  • Minimum major GPA of 3.5/4 or equivalent scale
  • 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
  • This position requires physical presence and is onsite at our office in Chicago, IL

View our resources to help prepare for the interview process.

Benefits

We offer one of the most generous profit sharing programs in the industry because we believe our employees should be able to take part in our rapid growth and success. We are proud to offer more world-class benefits for our full-time employees and their families.

TransMarket Group is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, sexual orientation, gender identity or expression, religion, national origin, marital status, age, disability, veteran status, genetic information, or any other protected status.