1

Internship Quant Trading Jobs in Minnesota (NOW HIRING)

Commodity Trading Internship - 2027

Wayzata, MN

$15.25 - $20.25/hr

Our Commodity Trading internship program enables the individual to build relationships with ... Strong analytical, quantitative, and problem-solving skills * Sound judgment and decision-making ...

New

... trading, programming, quantitative investing, insurance product hedging, or investment-related ... internship and/or work experience). * Four year degree required: Mathematics, computer science ...

Internship Quant Trading information

What are the key skills and qualifications needed to thrive as a quant trading intern?

To thrive as an intern in Quantitative Trading, you need strong analytical abilities, proficiency in mathematics and statistics, and familiarity with programming languages such as Python, C++, or R, often supported by progress toward a quantitative degree. Experience with data analysis tools, financial modeling software, and platforms like Bloomberg Terminal or MATLAB is highly valued. Initiative, problem-solving skills, attention to detail, and effective communication distinguish top candidates in this competitive field. These skills and qualities are crucial for analyzing complex data, developing trading strategies, and collaborating successfully within fast-paced financial environments.

What do quant trading interns typically do?

Quant trading interns often work closely with experienced traders and quantitative analysts on projects that involve data analysis, backtesting trading strategies, and developing new models. You might be tasked with gathering and cleaning financial data, coding algorithms in languages like Python or C++, and assisting in evaluating the performance of trading strategies. Collaboration is key, as you'll regularly participate in team meetings, share findings, and receive feedback to improve your work. This hands-on exposure not only enhances your technical skills but also gives you insight into the fast-paced decision-making environment of quant trading.

What is the difference between Internship Quant Trading vs Quant Trading Analyst?

AspectInternship Quant TradingQuant Trading Analyst
CredentialsUndergraduate or early graduate students, some programming knowledgeBachelor's or master's degree in finance, math, or computer science; some roles prefer advanced degrees
Work EnvironmentInternship programs, learning-focused, mentoredFull-time, professional trading environment, more responsibility
Employer & Industry UsageHired by hedge funds, investment banks, proprietary trading firms during internshipsEmployed as entry-level or junior analysts in trading firms or financial institutions

Internship Quant Trading positions are typically temporary, designed for students to gain exposure and skills, while Quant Trading Analysts are full-time roles with greater responsibilities in developing and executing trading strategies. Both roles require strong quantitative skills, but the internship is more educational, whereas the analyst role involves ongoing trading activities.

What is an internship in quantitative trading?

An internship in quantitative trading is a temporary position, typically for students or recent graduates, where individuals gain hands-on experience working with quantitative analysts and traders at financial firms. Interns learn how to develop and implement mathematical models to identify trading opportunities, analyze large datasets, and assist in algorithm development. These internships often involve using programming languages like Python or C++, and require strong mathematical and analytical skills. The experience helps interns build a foundation for a career in quantitative finance, providing exposure to real-world trading strategies and financial markets.
What are the most commonly searched types of Quant Trading jobs in Minnesota? The most popular types of Quant Trading jobs in Minnesota are:
What job categories do people searching Internship Quant Trading jobs in Minnesota look for? The top searched job categories for Internship Quant Trading jobs in Minnesota are:
What cities in Minnesota are hiring for Internship Quant Trading jobs? Cities in Minnesota with the most Internship Quant Trading job openings:

Commodity Trading Internship - 2027

Cargill

Wayzata, MN

$15.25 - $20.25/hr

Other

PTO

Posted 2 days ago

New


Cargill rating

7.4

Company rating: 7.4 out of 10

Based on 220 frontline employees who took The Breakroom Quiz

20th of 49 rated food wholesalers


Job description

Cargill's size and scale allows us to make a positive impact in the world. Our purpose is to nourish the world in a safe, responsible and sustainable way.
Cargill is a family company providing food, ingredients, agricultural solutions and industrial products that are vital for living. We connect farmers with markets so they can prosper. We connect customers with ingredients so they can make meals people love. And we connect families with daily essentials - from eggs to edible oils, salt to skincare, feed to alternative fuel. Our 160,000 colleagues, operating in 70 countries, make essential products that touch billions of lives each day. Join us and reach your higher purpose at Cargill. 
This position is in Cargill's animal nutrition and health business, where we improve animal lives through better nutrition. Our team researches, innovates and creates solutions that deliver healthy results for our customers.

At a Glance:

To be considered for employment, candidates must apply online and complete the entire application process. Complete applications are required prior to participating in an interview process. Click the link below to directly access the position application

Your Internship:

Gain real experience. Learn from the best. See how your work matters.

 

Our internships are designed to prepare you for your career journey, not a final destination. When you join our team, you are welcomed into a community committed to providing you with a safe environment to learn, grow and cultivate your skills. With our expansive learning resources, our well-respected leaders, and our carefully curated development courses, you will be equipped to confidently solve tomorrow's global issues. And, truthfully, our future relies on you. Your innovative minds, your intentional collaboration, and your sincere desire to nourish the world. Your work may be local, but at Cargill, your impact will be global. Join our community to cultivate your curiosity, develop meaningful relationships and propel your career. 

Commodity Trading Internship:

Our Commodity Trading internship program enables the individual to build relationships with internal and external customers to successfully buy, move, process, and/or sell grain and its products. It is the blending of skills and knowledge in a fast paced, dynamic working environment. The trading intern will practice and grow their understanding in economics, communications, customer service, risk assessment, and decision-making.

Your work:
  • Develop and maintain customer relationships with country elevators, producers, feed mills, end users and processors
  • Analyze supply and demand, survey market conditions, and other economic forces in order to maintain and grow Cargill's position in the marketplace
  • Initiate, negotiate and agree on terms of commodity purchase/sale contracts, such as price, quality, quantity, transportation, timing and payment
  • Coordinate transportation and logistics to execute commodity contracts
  • Ensure thorough and accurate follow-up, execution, and closure of all contracts
  • Provide timely and effective communication and interaction with other Cargill teams such as sales, transportation and logistics, quality assurance, plant personnel, engineers, and accountants
  • Make occasional plant and crop survey trips to visit with suppliers, and internal and external customers
  • Complete and present a project that is critical to the work process, customer interaction or market improvement
  • Complete and collaborate on other projects and assignments as needed
Key Capabilities for Success:
  • Strong analytical, quantitative, and problem-solving skills
  • Sound judgment and decision-making skills, even when outcome is uncertain
  • Comfortable taking and managing risks and challenging the status quo
  • Strong oral and written communication skills; strong persuasion and negotiation skills
  • Effective interpersonal skills; working in a team environment; coaching and developing others
  • Essential leadership qualities of integrity, conviction and courage
  • Motivated and driven to succeed
  • Adaptable, flexible and able to work in a fast paced, price-volatile, changing environment
  • Willing to relocate and accept challenging responsibilities
Our Programming:
  • With comprehensive learning resources at your disposal, you can take your learning in any direction. 
  • As employees, interns receive access to volunteer and community outreach opportunities and paid time off for volunteer activities. 
  • Throughout the internship, interns and co-ops are invited to participate in events that will give exposure to leadership, provide development opportunities, and offer the ability to network with cross-functional interns/co-ops across the U.S
Internship Details:
  • Internships are typically 12 weeks in duration. 
  • Interns are paid hourly for time worked. 
  • Interns are responsible for transportation to and from work. 
  • Interns may have the opportunity to travel during their term. 
  • Interns who demonstrate outstanding performance and a curiosity to learn more may be offered an internship or full-time position to return the following year. 
Our Benefits:

No matter who you are or where you are, we have resources to meet your needs. As an intern, you'll have access to a wide variety of programs to support you and help you succeed. Eligible programs and incentives include:   

  • Paid time off* 
  • Mental Health and Wellbeing program 
  • Housing and Relocation Assistance for those that qualify  

*Minnesota-based employees: Minnesota Sick and Safe Leave accruals of one hour for every 30 worked, up to 48 hours per calendar year unless otherwise provided by law. 

Compensation:

The expected hourly rate for this position is $23.13-$32.02. Compensation decisions are dependent on grad date and eligibility for full-time employment. 

Our Network:

Your development is our priority. With our outstanding global network, you will establish relationships, acquire mentors, and build your professional contacts. Our program encourages and orchestrates networking opportunities that will benefit you now and in your future career. During the internship, you will also receive consistent support from the early careers team, mentors, colleagues, and your supervisor. 

Our Vibrant Community:

At Cargill, you will be a part of our vibrant global community with a culture that celebrates diversity. This is a reflection of the clients we serve and generates an intellectually diverse set of employees. Business Resource Groups (BRGs) help us embrace our diversity, make our culture more inclusive and enhance our employees' outstanding talents and perspectives to benefit our organization and employees. Learn more at: Diversity, Equity and Inclusion. What a difference three words make. | Cargill

Job Locations:
  • Various U.S. locations including but not limited to: Eddyville, IA; Blair, NE; Amarillo, TX; Wayzata, MN; Kansas City/Olathe, KS;
  • Plant or office setting, must be open to working in either type of setting 
  • Majority of work week will be in office but there will be flexibility for hybrid work arrangements
Required Qualifications:
  • Right to work in the U.S. that is not based solely on possession of a student visa or a visa sponsored by a third-party employer
  • Pursuing a bachelor's or master's degree from an accredited program graduating between December 2027 and August 2028
  • Candidates must be geographically flexible and willing to relocate for an internship opportunity to one of the locations listed, if applicable
  • Able to complete a 12-week internship in the summer (May/June - August 2027)
  • Strong analytical, prioritization and problem-solving skills, collaboration skills, and verbal and written communication skills
  • Ability to work optimally with individuals from a diverse set of backgrounds and cultures
  • Ability to contribute, both as part of a team and individually
Preferred Qualifications:
  • Successfully completed, currently enrolled, or planning to complete before graduating either a micro or macro introductory college-level economics course
  • Successfully completed a commodity trading internship
  • Demonstrated ability to analyze macroeconomic and micro-level events and assess their impact on local commodity supply and demand dynamics

Cargill is an equal opportunity employer and committed to providing accommodation to our job applicants with disabilities.


What Cargill employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Cargill logo

About Cargill

Sourced by ZipRecruiter

Cargill was founded in 1865 as a single grain warehouse in Iowa, U.S. Since then, we’ve grown to become a global partner connecting people around the planet. But one thing has remained constant over the years: our purpose of nourishing the world in a safe, responsible and sustainable way. Cargill is committed to conducting business with integrity, operating responsibly, enriching communities and nourishing the world. In the fiscal year 2021, Cargill provided $110.5 million in total charitable contributions in 56 countries to support our communities. Cargill businesses and employee-led groups partner with local civic, nonprofit and non-governmental organizations on programs and projects that improve food security and nutrition; support human rights, equity and inclusion; strengthen farmer livelihoods; and advance our commitments in the areas of land use, water and climate.

Industry

Food and drink manufacturing

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US