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Internship Risk Quant Jobs in Deerfield, IL (NOW HIRING)

You will work on a small team to combine the disciplines of technology, research and risk ... internship * Meaningful projects: Each project, advised by a trader, promotes a comprehensive ...

You will work on a small team to combine the disciplines of technology, research and risk ... internship * Meaningful projects: Each project, advised by a trader, promotes a comprehensive ...

Quantitative Research Intern

Chicago, IL ยท On-site

$250K - $300K/yr

... internship * Meaningful projects: Each project, advised by a trader, promotes a comprehensive ... own risk. Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we ...

Analytics Analyst - Fraud

Chicago, IL ยท On-site

$63K - $83K/yr

... risk perspective Requirements: * A Bachelor's degree in a quantitative field (Statistics ... Solid programming skills for data analysis - demonstrated through work, internships, coursework, or ...

Showing results 41-60

Internship Risk Quant information

What is an internship risk quant?

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 types of projects does an internship risk quant 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 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 is the difference between Internship Risk Quant vs Risk Analyst?

AspectInternship Risk QuantRisk Analyst
Required CredentialsTypically pursuing or recent graduate, some quantitative courseworkBachelor's or master's in finance, economics, or related field; certifications like FRM or CFA often preferred
Work EnvironmentInternship setting, often in financial institutions or asset management firmsFull-time role in banks, hedge funds, or investment firms
Industry UsageCommonly used for entry-level or internship positions in risk managementEstablished 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 are popular job titles related to Internship Risk Quant jobs in Deerfield, IL?

For Internship Risk Quant jobs in Deerfield, IL, the most frequently searched job titles are:

What cities near Deerfield, IL are hiring for Internship Risk Quant jobs?

Cities near Deerfield, IL with the most Internship Risk Quant job openings:

Infographic showing various Internship Risk Quant job openings in Deerfield, IL as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 12% Part Time, and 3% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution.

Trader Summer Internship Chicago 2027

Maven - Emerging Talent

Chicago, IL โ€ข On-site

$15.50 - $19.75/hr

Full-time, Temporary, Internship

Posted 16 days ago


Job description

Summer Trader Internship Chicago 2027

Maven Securities is a leading proprietary trading firm that leverages sophisticated technology and quantitative analysis to trade in global financial markets. We specialize in options and derivatives market making, where your skills can be directly applied to have a real impact.

At Maven, we believe exceptional careers are built deliberately. Our summer internship is designed for a small number of high-potential students each year, combining structured training and practical exposure. We don't hire large classes with the expectation that only a few will succeed, we invest in every individual who joins the program.ย 

Program details

  • Location: Chicagoย 
  • Program start date: June 2027

Total compensation: $110k pro-ratedย 

Join a structured 9-week training internship in our Chicago office, designed to give you a practical introduction to options market making. The program starts with options theory and progresses into trading simulation and mock trading, helping you build the core foundations of a Trader. You'll also gain exposure to different desks through shadowing and project work.ย 

Throughout the internship, you'll be assessed on your performance and development. Successful interns may be considered for a place on our Graduate Trader Program the following year.ย 

What you will be doing
  • Learn the foundations of options market making; we don't assume prior knowledge
  • Build your understanding of pricing, probability and risk
  • You'll spend most of your Internship on trading simulation, with classroom-based training to prepare for this in your first 2-3 weeks
  • Use the same tools that our Traders use - or opt to build your own - and see the same trades that are currently going through in the live market
How and what you will learn
  • Progress through a structured internship program with clear learning milestones.ย 
  • Build your foundation through theory-led training, including options theory, delivered by Maven's in-house trainers
  • Develop practical trading skills through simulation and mock trading sessions, building your understanding of screen and broker trading
  • Take part in additional sessions such as macroeconomics, technical training and desk shadowing to further develop your learning
  • Receive ongoing feedback and check-ins from the Trading and Emerging Talent teams

Who you are:

Key criteria
  • A penultimate year undergraduate or master's studentย 
  • Strong numeracy skills and a solid understanding of probability and statistics
  • A genuine interest in financial markets and a curiosity to learn
  • A willingness to adopt and utilise emerging AI technologies
We're looking for someone who is
  • An entrepreneurial thinker with the ability to generate ideas, take initiative and drive innovation
  • A critical problem solver and decision maker who can analyze situations, think clearly and make effective decisions
  • An agile learner who is able to quickly acquire knowledge, take on feedback, adapt and apply insights across different contexts
  • Able to synthesize information, resolve conflicting inputs, see the bigger picture, and translate complex information into actionable recommendations
  • Collaborative and influential, able to build trust, work effectively with others and positively impact the team
  • Results-focused and accountable, taking ownership and delivering outcomes reliably: motivated to take on risk and made decisions with uncertainty and partial information

Why Maven?

  • Dedicated In-House Trainers: Learn through a training program designed and delivered by Maven's Traders, built specifically for the Summer Trader Internship. Our tailored curriculums are led by in-house experts and clever both technical and professional skills, as well as guidance on how to adopt AI best practices, which are integral to Maven's strategy and daily operations
  • Accelerate Your Career: Maven is growing quickly and we'll give you opportunities to learn from mistakes and try new things; your curiosity to learn is part of our growth story. Plus, as an Intern, you can jump-start your Maven career by being considered for a full-time Graduate Trader roleย 
  • Proven Pathways: Benefit from our structured pipeline programs that set you up for success from day one. Around a quarter of our workforce joined Maven through an Emerging Talent Program, including more than 50 of our current Traders
  • Supported to Succeed: We are committed to fostering an inclusive workplace where everyone can perform at your best. We offer recruitment support where needed, and employee resource groups that help build community across the firm
  • Grow with Guidance:Enjoy regular feedback, structured review points, and informal off-desk chats. Everyone in our Emerging Talent Programs is also paired with a Maven buddy for practical advice and day-to-day support
  • We invest in you: From the start of the internship, you'll be immersed in a simulated trading environment and learn directly from Traders. Throughout, you'll gain practical insight into how our desks operate and have the opportunity to demonstrate your potential for the Graduate Trader Program
Please note:
  • We accept one application per candidate, per recruitment cycle
  • Visa sponsorship is available for selected roles, please see our FAQ page for details

Maven is an equal opportunity employer. We encourage applications from candidates of all backgrounds, and do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, disability status, or any other basis protected by applicable law.


Benefits at Maven

As an intern joining Maven, you'll be eligible for a range of benefits, including:

  • Free breakfast and lunch, plus snacks and drinks throughout the day
  • Frequent cohort-specific and office-wide social events, from welcome dinners and summer parties to company sports leagues and boat tours!
  • Wellbeing support, including access to our Employee Assistance Program
  • Wellness benefits, including free use of the building gym and ClassPass membership
  • The option of either $5,000 or accommodation costs paid for by Maven for the summer
  • Work in a forward-thinking environment where AI is integral to our strategy and daily operations