Quant Research Intern: Build & Backtest Models

Quant Research Intern: Build & Backtest Models

Internship 22500 - 27500 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Develop and backtest automated trading models using advanced statistical techniques.
  • Company: Join Citadel Securities, a leader in quantitative research and trading.
  • Benefits: Gain hands-on experience, mentorship, and exposure to cutting-edge financial technology.
  • Other info: Fast-paced team environment with opportunities for growth and innovation.
  • Why this job: Make an impact by refining trading strategies with data-driven insights.
  • Qualifications: Strong quantitative skills and familiarity with statistical analysis.

The predicted salary is between 22500 - 27500 £ per year.

Citadel Securities is seeking a highly quantitative researcher to develop and test automated quant trading strategies using advanced statistical techniques on large financial data sets.

You will conceptualize valuation models, back test trading signals, and translate models into production code in a fast-paced team.

The role emphasizes data-driven research, experimentation with unconventional data sources, and rigorous statistical analysis to refine monetization signals for trading strategies.

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Quant Research Intern: Build & Backtest Models employer: Citadel

Citadel Securities is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets finance. With a strong emphasis on employee growth, team collaboration, and cutting-edge technology, we provide our Crypto Quantitative Developers with unparalleled opportunities to enhance their skills and contribute to high-performance trading systems in the rapidly evolving crypto market.

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Contact Details:

Citadel Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Quant Research Intern: Build & Backtest Models

Tap into Campus Resources

Universities often have strong ties with banks and financial institutions. Make sure to check in with your career services for any internship fairs or networking events. These can be golden opportunities to meet representatives from firms like Citadel and make a lasting impression.

Join Finance Societies and Clubs

Get involved with finance or investment clubs at your university. These not only offer great networking potential but often host guest speakers from the industry. Show your enthusiasm and engage with these professionals—who knows, they might tip you off about internship openings at Citadel!

Have Your Application Ready to Go

Internship applications can be competitive and come with tight deadlines. Be proactive! Have your CV and cover letter prepared and tailored for roles at Citadel. When the openings go live, you’ll want to be one of the first to apply.

Leverage LinkedIn for Connections

LinkedIn is a powerful tool, especially in the banking sector. Follow recruiters from Citadel and connect with alumni who are working in similar roles. Don’t hesitate to drop them a message to introduce yourself and express your interest in internships—they might have insider info or even refer you!

We think you need these skills to ace Quant Research Intern: Build & Backtest Models

Quantitative Research
Statistical Techniques
Financial Data Analysis
Model Development
Backtesting
Automated Trading Strategies
Data-Driven Research

Some tips for your application 🫡

Show Off Those Grades!:In banking and financial services, your academic background is super important. Make sure to highlight your grades, especially in finance, economics, or maths. If you've got any relevant coursework or projects, don’t hesitate to include them in your CV!

Craft Your Cover Letter with Care:For an internship, we want to see your enthusiasm and motivation. Use your cover letter to explain why you’re excited about this opportunity at Citadel and what you hope to learn. Be personal and connect the dots between your education and the role of Quant Research Intern: Build & Backtest Models.

Squeaky Clean CV:Your CV should be clear and free of jargon. Focus on the skills that matter most in the banking sector, like analytical thinking and attention to detail. Don't forget to include any internships or part-time jobs that show your experience in a banking environment!

Utilise Relevant Experiences:If you've been involved in finance-related clubs or societies at university, mention that in your application. Showing your practical experience alongside your studies can make a real difference and demonstrate your passion for the financial world. We love seeing candidates who go the extra mile!

How to prepare for a job interview at Citadel

Show Us Your Analytical Skills

As an intern in the banking and financial services sector, you'll want to showcase your analytical skills. Be ready to tackle numerical and case questions during your interview. Brush up on your data interpretation abilities and consider scenarios where you've used data to solve problems.

Know Your Financial Tools

Familiarise yourself with the financial tools and software commonly used in banking, like Bloomberg or Excel for financial modelling. We recommend having a couple of examples where you've applied these tools in your studies or projects to impress the interviewer.

Be Passionate About Learning

Internships are all about learning, so express your enthusiasm for the banking industry. Share what trends you're excited about, or recent news you've followed, to show you're motivated and engaged. This can set you apart from other candidates who might be less enthusiastic.

Prepare for Behavioural Questions

Expect behavioural questions that assess your fit within a team and your ability to handle challenges. Think of examples from your studies or group projects that highlight your teamwork, adaptability, and communication skills. We want to see how you've navigated situations that are relevant to the workplace!