At a Glance
- Tasks: Develop and test automated trading strategies using advanced statistical techniques.
- Company: Join Citadel Securities, a top global market maker with a focus on innovation.
- Benefits: Gain hands-on experience, network with industry leaders, and enhance your skills.
- Other info: Internship runs June to August, with flexible timing options available.
- Why this job: Challenge yourself in quantitative research and make an impact in financial markets.
- Qualifications: PhD in a quantitative field and strong coding skills in Python, R, or C++.
The predicted salary is between 500 - 1500 £ per month.
At Citadel Securities, a leading global market maker, our team of quantitative researchers models the markets and brings trading strategies to life every day. Specifically, this team develops and tests automated quant trading strategies using sophisticated statistical techniques. You will challenge the impossible in quantitative research by applying sophisticated and complex statistical techniques to financial markets, some of the most complex data sets in the world.
As an intern, you will participate in an 11-week program that allows you to collaborate and connect with senior team members. In addition, you will have the opportunity to network and socialise with peers throughout the internship. Our signature internship program takes place June through August, with some flexibility for other times of the year. You will be able to indicate your timing preference in the application.
Your Objectives
- Conceptualise valuation strategies, develop and continuously improve upon mathematical models, and help translate algorithms into code.
- Back test and implement trading models and signals in a live trading environment.
- Use unconventional data sources to drive innovation.
- Conduct research and statistical analysis to build and refine monetisation systems for trading signals.
Your Skills & Talents
- PhD degree in mathematics, statistics, physics, computer science, or another highly quantitative field.
- Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis, pattern recognition, NLP).
- Prior experience working in a data-driven research environment.
- Experience with translating mathematical models and algorithms into code (Python, R or C++).
- Independent research experience.
- Ability to manage multiple tasks and thrive in a fast-paced team environment.
- Excellent analytical skills, with strong attention to detail.
- Strong written and verbal communication skills.
Opportunities available in London, Paris and Zurich.
Quantitative Researcher – PhD Intern (Europe) employer: Citadel Enterprise Americas LLC
At Citadel Securities, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our internship programme not only provides hands-on experience in quantitative research but also encourages personal and professional growth through networking opportunities with industry leaders. Located in vibrant cities like London, Paris, and Zurich, our interns benefit from a stimulating environment that champions diversity and creativity, making it an ideal place for aspiring quantitative researchers to thrive.
Contact Details:
Citadel Enterprise Americas LLC Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Researcher – PhD Intern (Europe)
✨Tip Number 1
Network like a pro! Reach out to current or former interns and employees at Citadel Securities on LinkedIn. Ask them about their experiences and any tips they might have for you. This can give you insider knowledge and help you stand out.
✨Tip Number 2
Prepare for technical interviews by brushing up on your statistical techniques and coding skills. Practice explaining your thought process while solving problems, as this will show your analytical abilities and how you approach complex data sets.
✨Tip Number 3
Showcase your passion for quantitative research! During interviews, share specific projects or research you've done that relate to trading strategies or statistical analysis. This will demonstrate your commitment and understanding of the field.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Citadel Securities. Good luck!
We think you need these skills to ace Quantitative Researcher – PhD Intern (Europe)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of a Quantitative Researcher. Highlight your PhD work, especially any projects that involved statistical techniques or coding. We want to see how your skills align with what we do at Citadel Securities!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about quantitative research and how your background makes you a great fit for our team. Don’t forget to mention any relevant experience with data-driven research.
Showcase Your Technical Skills:Since this role involves translating algorithms into code, be sure to highlight your programming skills in Python, R, or C++. We love seeing examples of your work, so if you have any projects or GitHub repositories, include them!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you can indicate your preferred internship timing right there. Let’s get your application rolling!
How to prepare for a job interview at Citadel Enterprise Americas LLC
✨Know Your Numbers
Brush up on your probability and statistics knowledge. Be ready to discuss concepts like machine learning, time-series analysis, and pattern recognition. You might even be asked to solve a problem on the spot, so practice explaining your thought process clearly.
✨Show Off Your Coding Skills
Since translating algorithms into code is key for this role, make sure you’re comfortable with Python, R, or C++. Prepare to talk about any projects you've worked on that involved coding, and if possible, bring examples of your work to showcase your skills.
✨Research the Company
Familiarise yourself with Citadel Securities and their approach to quantitative research. Understand their trading strategies and recent innovations in the market. This will not only help you answer questions but also show your genuine interest in the company.
✨Prepare Questions
Have a list of insightful questions ready to ask your interviewers. This could be about their current projects, team dynamics, or how they approach innovation in trading. It shows you're engaged and eager to learn more about the role and the company culture.
