This internship follows an apprentice-style learning model where you'll work alongside an ... Build and test statistical and stochastic models for pricing, forecasting, and risk management
This internship follows an apprentice-style learning model where you'll work alongside an ... Build and test statistical and stochastic models for pricing, forecasting, and risk management
This internship follows an apprentice-style learning model where you'll work alongside an ... Build and test statistical and stochastic models for pricing, forecasting, and risk management
This internship follows an apprentice-style learning model where you'll work alongside an ... Build and test statistical and stochastic models for pricing, forecasting, and risk management
Internal Auditor
Deerfield, IL · On-site
$63K - $101K/yr
Provides advisory support on governance, risk, and internal control frameworks to promote a strong ... quantitative analysis, or other business fields. * Master's degree or MBA. * Internship experience ...
Internal Auditor
Deerfield, IL · On-site
$63K - $101K/yr
Provides advisory support on governance, risk, and internal control frameworks to promote a strong ... quantitative analysis, or other business fields. * Master's degree or MBA. * Internship experience ...
Internal Auditor
Deerfield, IL · On-site
$63K - $101K/yr
Provides advisory support on governance, risk, and internal control frameworks to promote a strong ... quantitative analysis, or other business fields. * Master's degree or MBA. * Internship experience ...
Internal Auditor
Deerfield, IL · On-site
$63K - $101K/yr
Provides advisory support on governance, risk, and internal control frameworks to promote a strong ... quantitative analysis, or other business fields. * Master's degree or MBA. * Internship experience ...
Actuarial Analyst
Chicago, IL · On-site
... quantitative field. • 2+ years of health benefits experience at a brokerage/consulting firm or ... or risk concepts preferred (job, school coursework and internship experience all accepted). • ...
Actuarial Analyst
Chicago, IL · On-site
... quantitative field. • 2+ years of health benefits experience at a brokerage/consulting firm or ... or risk concepts preferred (job, school coursework and internship experience all accepted). • ...
Graduate Machine Learning Researcher - Chicago
Chicago, IL · On-site
$300K/yr
... risk and interpretability * Investigate novel machine learning approaches through rigorous ... Demonstrated research excellence through publications, preprints, research internships, or ...
Graduate Machine Learning Researcher - Chicago
Chicago, IL · On-site
$300K/yr
... risk and interpretability * Investigate novel machine learning approaches through rigorous ... Demonstrated research excellence through publications, preprints, research internships, or ...
Actuarial Analyst
Chicago, IL · On-site
Strong analytical and quantitative skills with an interest in actuarial career progression ... risk concepts preferred (job, school coursework and internship experience all accepted). Strong ...
Actuarial Analyst
Chicago, IL · On-site
Strong analytical and quantitative skills with an interest in actuarial career progression ... risk concepts preferred (job, school coursework and internship experience all accepted). Strong ...
... risk management. This position reports to the Managing Investment Officer and works closely with ... and quantitative findings. • Participate in evaluating co-investment opportunities and ...
... risk management. This position reports to the Managing Investment Officer and works closely with ... and quantitative findings. • Participate in evaluating co-investment opportunities and ...
Actuarial Analyst
Chicago, IL · On-site
... quantitative field. • 2+ years of health benefits experience at a brokerage/consulting firm or ... or risk concepts preferred (job, school coursework and internship experience all accepted). • ...
Actuarial Analyst
Chicago, IL · On-site
... quantitative field. • 2+ years of health benefits experience at a brokerage/consulting firm or ... or risk concepts preferred (job, school coursework and internship experience all accepted). • ...
Associate Actuary - ASA Required
Chicago, IL · On-site
$102K - $184K/yr
Risk and capital assessment, including RBC and economical capital frameworks. Implementation of ... in internship roles). Desired: * Strong quantitative background. * Proficiency in Excel, VBA and ...
Associate Actuary - ASA Required
Chicago, IL · On-site
$102K - $184K/yr
Risk and capital assessment, including RBC and economical capital frameworks. Implementation of ... in internship roles). Desired: * Strong quantitative background. * Proficiency in Excel, VBA and ...
Associate Actuary - ASA Required
Chicago, IL · On-site
$102K - $184K/yr
Risk and capital assessment, including RBC and economical capital frameworks. Implementation of ... in internship roles). Desired: * Strong quantitative background. * Proficiency in Excel, VBA and ...
Associate Actuary - ASA Required
Chicago, IL · On-site
$102K - $184K/yr
Risk and capital assessment, including RBC and economical capital frameworks. Implementation of ... in internship roles). Desired: * Strong quantitative background. * Proficiency in Excel, VBA and ...
Associate Actuary - ASA Required
Chicago, IL · On-site
$102K - $184K/yr
Risk and capital assessment, including RBC and economical capital frameworks. Implementation of ... in internship roles). Desired: * Strong quantitative background. * Proficiency in Excel, VBA and ...
Associate Actuary - ASA Required
Chicago, IL · On-site
$102K - $184K/yr
Risk and capital assessment, including RBC and economical capital frameworks. Implementation of ... in internship roles). Desired: * Strong quantitative background. * Proficiency in Excel, VBA and ...
Associate Actuary - ASA Required
Chicago, IL · On-site
$102K - $184K/yr
Risk and capital assessment, including RBC and economical capital frameworks. Implementation of ... in internship roles). Desired: * Strong quantitative background. * Proficiency in Excel, VBA and ...
Associate Actuary - ASA Required
Chicago, IL · On-site
$102K - $184K/yr
Risk and capital assessment, including RBC and economical capital frameworks. Implementation of ... in internship roles). Desired: * Strong quantitative background. * Proficiency in Excel, VBA and ...
Graduate Machine Learning Researcher - Chicago
Chicago, IL · On-site
$300K/yr
... risk and interpretability * Investigate novel machine learning approaches through rigorous ... Demonstrated research excellence through publications, preprints, research internships, or ...
Graduate Machine Learning Researcher - Chicago
Chicago, IL · On-site
$300K/yr
... risk and interpretability * Investigate novel machine learning approaches through rigorous ... Demonstrated research excellence through publications, preprints, research internships, or ...
Development Analyst
Chicago, IL · On-site
$75K - $85K/yr
MRP is a PE-backed environment that requires operating at pace, calculated risk-taking, and ... Prior internship experience in project finance, private equity, or energy development is preferred.
Development Analyst
Chicago, IL · On-site
$75K - $85K/yr
MRP is a PE-backed environment that requires operating at pace, calculated risk-taking, and ... Prior internship experience in project finance, private equity, or energy development is preferred.
Forensic Accounting Senior Consulting
$76K - $95K/yr
Lead, mentor, and coach interns and staff members in the Forensic Accounting group Basic ... risk and performance services. Crowe is recognized by many organizations as one of the country ...
Forensic Accounting Senior Consulting
$76K - $95K/yr
Lead, mentor, and coach interns and staff members in the Forensic Accounting group Basic ... risk and performance services. Crowe is recognized by many organizations as one of the country ...
Development Analyst
Chicago, IL · On-site
$75K - $85K/yr
MRP is a PE-backed environment that requires operating at pace, calculated risk-taking, and ... Prior internship experience in project finance, private equity, or energy development is preferred.
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Development Analyst
Chicago, IL · On-site
$75K - $85K/yr
MRP is a PE-backed environment that requires operating at pace, calculated risk-taking, and ... Prior internship experience in project finance, private equity, or energy development is preferred.
Individual Equity Strategy Intern (Summer 2027)
Chicago, IL · On-site
$37.50 - $40/hr
Designing, analyzing, reporting on various model portfolios (risk management, etc.) * Individual ... Strong analytical and quantitative skills. * Proficiency in Microsoft Excel and other relevant ...
Individual Equity Strategy Intern (Summer 2027)
Chicago, IL · On-site
$37.50 - $40/hr
Designing, analyzing, reporting on various model portfolios (risk management, etc.) * Individual ... Strong analytical and quantitative skills. * Proficiency in Microsoft Excel and other relevant ...
Escalate supply/inventory risk to the Supply Interface Manager and identify options to drive ... Quantitative/qualitative analysis, including business process metrics and measures linking to ...
Escalate supply/inventory risk to the Supply Interface Manager and identify options to drive ... Quantitative/qualitative analysis, including business process metrics and measures linking to ...
C++ Software Engineer
Chicago, IL · On-site
$145K - $225K/yr
Our collaborative culture fuels innovation in quantitative research, systematic trading strategies ... risk management, and quality assurance. * Ensure operational safety and uphold the highest ...
C++ Software Engineer
Chicago, IL · On-site
$145K - $225K/yr
Our collaborative culture fuels innovation in quantitative research, systematic trading strategies ... risk management, and quality assurance. * Ensure operational safety and uphold the highest ...
Internship Risk Quant information
What are the key skills and qualifications needed to thrive as an Internship Risk Quant, and why are they important?
To thrive as an Internship Risk Quant, you typically need strong quantitative skills, a solid background in mathematics, statistics, or finance, and progress towards a relevant degree such as in quantitative finance or a related field. Familiarity with programming languages like Python, R, or MATLAB, as well as experience with risk management systems and financial modeling tools, is highly valued. Attention to detail, analytical thinking, and effective communication skills help interns collaborate and present complex findings clearly. These capabilities are critical for analyzing risk data accurately and supporting decision-making in dynamic finance environments.
What are Internship Risk Quants?
Internship Risk Quants are students or recent graduates who take on temporary roles within financial institutions to assist with quantitative analysis related to risk management. Their main responsibilities include analyzing financial data, developing risk models, and helping identify potential risks for the company. These internships provide hands-on experience with statistical tools, programming, and risk assessment in real-world finance environments. The goal is to prepare interns for full-time quantitative risk analyst roles after graduation.
What is the difference between Internship Risk Quant vs Risk Analyst?
| Aspect | Internship Risk Quant | Risk Analyst |
|---|---|---|
| Required Credentials | Typically pursuing or recent graduate, some quantitative coursework | Bachelor's or master's in finance, economics, or related field; certifications like FRM or CFA often preferred |
| Work Environment | Internship setting, often in financial institutions or asset management firms | Full-time role in banks, hedge funds, or investment firms |
| Industry Usage | Commonly used for entry-level or internship positions in risk management | Established role for ongoing risk assessment and management |
The main difference is that an Internship Risk Quant is an entry-level, temporary position aimed at gaining experience, while a Risk Analyst is a full-time professional role responsible for ongoing risk evaluation within financial organizations.
What types of projects do Risk Quant interns typically work on, and how do these projects contribute to the overall risk management strategy of the firm?
Risk Quant interns often work on projects involving data analysis, model validation, and the development of risk assessment tools under the guidance of senior quants. These projects may include tasks such as back-testing risk models, analyzing large datasets to identify potential risk exposures, and automating reporting processes. By contributing to these initiatives, interns help improve the firm's ability to measure and manage financial risks, gaining practical experience with real-world quantitative finance tools and methodologies. Collaboration with teams like trading, risk management, and IT is common, offering interns broad exposure to how quantitative analysis supports strategic decision-making in the organization.
What are the most commonly searched types of Risk Quant jobs in Chicago, IL? The most popular types of Risk Quant jobs in Chicago, IL are:
What are popular job titles related to Internship Risk Quant jobs in Chicago, IL? For Internship Risk Quant jobs in Chicago, IL, the most frequently searched job titles are:
- Quantum Computing Summer Internship
- Quantitative Analyst Intern
- Financial Risk Analyst
- Data Analytics Graduate
- Internship Equity Research Analyst
- Internship Google Financial Analyst
- Biotechnology Graduate Internships
- Portfolio Analyst Internship
- Internship Quant Trading
- Sports Analytics Internships Summer 2026
What job categories do people searching Internship Risk Quant jobs in Chicago, IL look for? The top searched job categories for Internship Risk Quant jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Internship Risk Quant jobs? Cities near Chicago, IL with the most Internship Risk Quant job openings:
Full-time, Temporary, Internship
Posted 11 days ago
Job description
As a Quantitative Research Intern, you'll work alongside researchers, engineers, and traders to tackle some of the most challenging quantitative problems in global financial markets. You'll analyze large-scale datasets, develop predictive models and algorithms, and apply statistical and machine learning techniques to uncover patterns in market behavior. AI-driven research at Optiver is where competitive advantage is built, transforming ideas, models, and insights into trading strategies that operate in live markets.
This opportunity is also available in our Austin office.
What You'll Do:
Led by our dedicated Education team, you'll build a strong foundation in market structure and options theory. This internship follows an apprentice-style learning model where you'll work alongside an experienced researcher and contribute to a project that's aligned with current business needs. Throughout the internship, you'll gain exposure to the AI tools and technologies that support research and development across the business, with the opportunity to contribute to several key areas:
What You'll Get:
You'll join a culture of collaboration, continuous improvement, and excellence, surrounded by curious thinkers and creative problem-solvers. Together, you'll tackle some of the toughest challenges in the financial markets by leveraging cutting-edge machine learning research to develop innovative, real-world solutions.
In addition, you'll receive:
What To Expect:
As part of our assessment process, you may be invited to participate in a multi-day, on-site evaluative program. Through hands-on workshops, technical discussions, and direct exposure to our researchers and traders, you'll gain insight into how research is applied at Optiver and how PhD students transition successfully into industry. Attendance and successful completion of this program may be required to receive an internship offer.
Who You Are:
Who We Are:
Optiver is a leading technology- and research-driven trading firm. Our teams of scientists, engineers, mathematicians, and traders work side by side to develop, test, and scale ideas that shape how we understand and trade global markets. Powered by a global platform built for rapid experimentation and iteration, we combine the scientific rigor of a research institution with the pace of a technology company.
Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.
Optiver is supportive of US immigration sponsorship for this role.
*Optiver has a global application re-apply policy for our intern and graduate roles. If you have completed an online assessment or interviewed for a quantitative graduate or internship role at any Optiver location in the past 8 months, please note that you are not yet eligible to reapply. We welcome you to re-apply to after the 8-month cool off period.
Below is the expected compensation for this position. This is a good-faith estimate of the base pay scale and sign-on bonus for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for the benefits listed above.
Base Salary Range
$80,000-$100,000 USD
This opportunity is also available in our Austin office.
What You'll Do:
Led by our dedicated Education team, you'll build a strong foundation in market structure and options theory. This internship follows an apprentice-style learning model where you'll work alongside an experienced researcher and contribute to a project that's aligned with current business needs. Throughout the internship, you'll gain exposure to the AI tools and technologies that support research and development across the business, with the opportunity to contribute to several key areas:
- Develop predictive models and machine learning systems to better understand market behavior and identify trading opportunities
- Analyze large-scale market and order-flow data to uncover signals, evaluate hypotheses, and improve trading performance
- Build and test statistical and stochastic models for pricing, forecasting, and risk management
- Apply modern research techniques, including deep learning and AI-enabled workflows, to accelerate discovery and improve research efficiency
What You'll Get:
You'll join a culture of collaboration, continuous improvement, and excellence, surrounded by curious thinkers and creative problem-solvers. Together, you'll tackle some of the toughest challenges in the financial markets by leveraging cutting-edge machine learning research to develop innovative, real-world solutions.
In addition, you'll receive:
- The opportunity to work alongside best-in-class professionals from over 40 different countries
- The opportunity to earn a return internship or full-time offer in Chicago, Austin, or New York City based on performance
- A highly-competitive internship compensation package
- Optiver-covered flights, living accommodations, and commuting stipends
- Extensive office perks, including breakfast, lunch, snacks, regular social events, clubs, sporting leagues, and more
What To Expect:
As part of our assessment process, you may be invited to participate in a multi-day, on-site evaluative program. Through hands-on workshops, technical discussions, and direct exposure to our researchers and traders, you'll gain insight into how research is applied at Optiver and how PhD students transition successfully into industry. Attendance and successful completion of this program may be required to receive an internship offer.
Who You Are:
- Currently enrolled in a PhD program in Statistics, Computer Science, Machine Learning, Mathematics, or a related STEM field with outstanding academic performance
- Expected graduation between December 2027 - June 2029 and available to intern during Summer 2027
- Open to full-time opportunities upon graduation in 2028 or 2029
- Solid foundation in mathematics, probability, and statistics
- Excellent research, analytical, and modeling skills
- Experience applying machine learning methods to real-world research problems, such as time-series analysis, prediction, forecasting, pattern recognition, optimization, or decision-making
- Proficiency in any programming language
- Strong interest in working in a fast-paced, collaborative environment
- Fluent in English with strong written and verbal communication skills
Who We Are:
Optiver is a leading technology- and research-driven trading firm. Our teams of scientists, engineers, mathematicians, and traders work side by side to develop, test, and scale ideas that shape how we understand and trade global markets. Powered by a global platform built for rapid experimentation and iteration, we combine the scientific rigor of a research institution with the pace of a technology company.
Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.
Optiver is supportive of US immigration sponsorship for this role.
*Optiver has a global application re-apply policy for our intern and graduate roles. If you have completed an online assessment or interviewed for a quantitative graduate or internship role at any Optiver location in the past 8 months, please note that you are not yet eligible to reapply. We welcome you to re-apply to after the 8-month cool off period.
Below is the expected compensation for this position. This is a good-faith estimate of the base pay scale and sign-on bonus for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for the benefits listed above.
Base Salary Range
$80,000-$100,000 USD