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Quantitative Developer Summer Intern Jobs in Colfax, IL

Intern Engineering

Bloomington, IL · On-site

$16 - $20.75/hr

Flexible schedules including ample flexibility in the summer months * Up to 9% towards 401k (3% ... The Engineering Intern is a temporary developmental role designed to provide students with ...

Intern Engineering

Bloomington, IL · Hybrid

$16 - $20.75/hr

Flexible schedules including ample flexibility in the summer months * Up to 9% towards 401k (3% ... The Engineering Intern is a temporary developmental role designed to provide students with ...

... a Intern- Gas Storage Engineering in our Fisher, Illinois location. About Us WEC Energy Group is ... Job Summary We employ students for summer and year-round opportunities to help design creative cost ...

... intern to support the Host Squad product team during a high-velocity summer. The Host Squad owns ... Propose and prioritize improvements, then partner with engineering and design to execute them

Quantitative Developer Summer Intern information

What is a quantitative developer summer intern?

A Quantitative Developer Summer Intern works on developing, implementing, and optimizing financial models, trading algorithms, and data-driven tools. Interns typically collaborate with quantitative researchers, traders, and software engineers to enhance trading strategies and risk management systems. Responsibilities may include coding in languages like Python, C++, or Java, analyzing financial data, and improving computational efficiency. This role provides hands-on experience in quantitative finance, algorithmic trading, and software development within a financial institution or hedge fund.

What are the typical responsibilities for a quantitative developer summer intern during their internship?

As a Quantitative Developer Summer Intern, you will likely assist with designing, coding, and testing quantitative models and tools under the guidance of experienced developers and quants. Your day-to-day work may involve data analysis, collaborating on algorithm optimization, and writing clean, efficient code for real-world finance applications. Interns often participate in team meetings, contribute to ongoing projects, and may have the opportunity to present their results to key stakeholders. This role provides valuable exposure to working in a fast-paced, collaborative environment and learning industry-standard development practices. By engaging with both technical and project-based tasks, you gain hands-on experience that can lead to future full-time opportunities.

What are the key skills and qualifications needed to thrive in the quantitative developer summer intern position, and why are they important?

To thrive as a Quantitative Developer Summer Intern, you need strong analytical abilities, proficiency in mathematics, and programming skills in languages like Python or C++, often supported by coursework in computer science, mathematics, or related fields. Familiarity with quantitative modeling tools, financial data platforms, and version control systems such as Git is typically important. Attention to detail, problem-solving aptitude, and effective teamwork and communication skills help interns contribute meaningfully to complex projects. These abilities are vital for efficiently developing, testing, and implementing quantitative models within high-performing financial or technology teams.

What cities near Colfax, IL are hiring for Quantitative Developer Summer Intern jobs?

Cities near Colfax, IL with the most Quantitative Developer Summer Intern job openings:

Intern Engineering

Bloomington, IL • On-site


Compeer Financial
Finance and Insurance • 1 - 5K employees

9.1

Company rating: 9.1 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

Great coworkers

People enjoy working here

Good employer


$16 - $20.75/hr

Full-time, Internship

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago


Job description

Empowered to live. Inspired to work.
Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.
How we support you:
  • Hybrid model - up to 50% work from home
  • Flexible schedules including ample flexibility in the summer months
  • Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
  • Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
  • Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
  • Learning and development programs
  • Mentorship programs
  • Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
  • Professional membership/certification reimbursement and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.
To learn more about Compeer Financial visit www.compeer.com/careers.
CPT & Pre-Opt candidates invited to apply.
This is a paid internship; however, the intern must provide their own housing and transportation. Business related transportation and expenses will be paid by the organization. This intern will work full-time through the Summer of 2027. The internship is located in the Bloomington, IL or Sun Prairie, WI office location. If pursuing internship credit through your university, it is your responsibility to consult with your advisor and review the internship's job description to ensure it meets the minimum eligibility requirements.
The contributions you will make:
The Engineering Intern is a temporary developmental role designed to provide students with practical experience building and operating modern digital solutions while developing the technical, professional, and business capabilities needed for a successful software engineering career. Working within a cross-functional product team and with close guidance from experienced engineers, this role contributes to well-defined software design, development, testing, automation, deployment, support, and improvement activities while learning how engineering work connects to product objectives, client needs, and business value. The Engineering Intern develops learning agility by actively seeking coaching, rapidly applying feedback and new knowledge, and responsibly exploring cloud-native, DevSecOps, automation, observability, AI-enabled tools and practices, Agentic AI patterns, and AI agents.
A typical day:
  • Own Engineering Delivery by completing well-defined engineering assignments under guidance, with attention to quality, security, reliability, maintainability, supportability, testing, documentation, and established engineering standards.
  • Develop Technical Foundations and Learning Agility by applying software engineering fundamentals while learning the team's technologies, domain concepts, and modern cloud-native, DevSecOps, automated testing, CI/CD, observability, and delivery practices.
  • Demonstrates curiosity, actively seeks coaching, experiments responsibly within established guardrails, and rapidly applies feedback and new knowledge.
  • Uses AI-enabled engineering tools and practices, Agentic AI patterns, and AI agents with appropriate supervision to accelerate learning and improve productivity and quality while validating results, protecting sensitive information, and maintaining human accountability.
  • Connect Engineering to Business Outcomes by developing an understanding of product goals, client needs, business priorities, and how assigned engineering work contributes to team objectives and meaningful business value. Begins building a trusted, value-added partner mindset by listening to comprehend, asking thoughtful questions, offering relevant observations, and reliably following through on commitments.
  • Strengthen Team Effectiveness by actively participating in Agile ceremonies, technical discussions, code reviews, testing, documentation, operational support, root-cause learning, and continuous improvement.
  • Demonstrates resilience by adapting to feedback and changing priorities, learning from mistakes and setbacks, and persisting through routine technical challenges.
  • Collaborate Across Teams by building productive and trusted working relationships with engineers, quality engineers, product managers, architects, platform engineers, UX designers, and business partners.
  • Build Personal Capability by actively seeking coaching, reflecting on experiences, rapidly applying feedback and new knowledge, sharing learning, and demonstrating accountability for growth.
  • Contributes to an inclusive, positive, and engaging environment where team members take the work seriously, enjoy working together, and recognize progress and success while preparing for potential progression into an Associate Engineer role.

The skills and experience we prefer you have:
  • Currently pursuing a Bachelor or Master's degree in Computer Science, Software Engineering, Computer Engineering, Information Technology, or a related technical discipline.
  • Completion of coursework in programming, software engineering fundamentals, algorithms, data structures, or comparable technical subjects.
  • Experience developing software through academic coursework, personal projects, hackathons, research, open-source contributions, or comparable learning experiences.
  • Demonstrated learning agility through curiosity, active feedback seeking, rapid application of new technical concepts, and adaptation of approaches to solve problems.
  • Experience with one or more modern programming languages or development frameworks.
  • Exposure to cloud-native application development concepts and one or more cloud platforms.
  • Familiarity with Git-based source control and Agile software development.
  • Exposure to automated testing, CI/CD pipelines, DevSecOps, or observability practices.
  • Ability to develop clean, maintainable, and well-tested software while working under appropriate guidance and established engineering practices.
  • Ability to analyze routine technical problems, ask effective questions, and apply foundational engineering principles to identify solutions.
  • Ability to responsibly use AI-enabled engineering tools and practices, Agentic AI patterns, and AI agents with appropriate supervision while applying critical thinking, validating outputs, protecting sensitive information, maintaining human accountability, and following engineering standards.
  • Ability to demonstrate learning agility by actively seeking and applying feedback, rapidly acquiring new knowledge, experimenting within appropriate guardrails, reflecting on outcomes, and continuously improving technical and professional capabilities.
  • Ability to communicate effectively with technical and non-technical stakeholders; listens to comprehend, asks thoughtful questions, builds trust through reliable follow-through, and begins contributing value-added observations or ideas.
  • Ability to collaborate within cross-functional product teams, incorporate feedback and diverse perspectives, and contribute to an inclusive, positive, and engaging team environment.
  • Ability to organize assigned work, adapt to changing priorities, and persist through routine ambiguity, mistakes, setbacks, and technical challenges.
  • Understanding of secure software development fundamentals, quality engineering principles, and the responsibility to protect confidential information and client data.

How we will take care of you:
Actual hourly rate offered is dependent upon year in school, work experience, transferable skills, business needs and market demands. The hourly rate range is subject to change and may be modified in the future.
Base Pay
$19-$20 USD
Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Must be authorized to work for any employer in the United States. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.
Click here to view federal employment laws applicable for applicants.


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