At a Glance
- Tasks: Develop innovative models and trading strategies using complex statistical techniques.
- Company: Join Citadel, a leading alternative investment manager with a collaborative culture.
- Benefits: Gain hands-on experience, network with professionals, and enhance your skills in a dynamic environment.
- Other info: Opportunities available in London and Paris with excellent career growth potential.
- Why this job: Make an impact in finance by applying your quantitative skills to real-world challenges.
- Qualifications: PhD in a quantitative field and experience in data-driven research.
The predicted salary is between 45000 - 60000 £ per year.
At Citadel, our mission is to be the most successful investment team in the world. Quantitative Researchers play a key role in this mission by developing next‑generation models and trading approaches for a range of investment strategies. 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 have 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.
Your Objectives
- Conceptualize 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 monetization 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.
About Citadel
Citadel is one of the world’s leading alternative investment managers. We manage capital on behalf of many of the world’s preeminent private, public and nonprofit institutions. We seek the highest and best use of investor capital in order to deliver market‑leading results and contribute to broader economic growth. For over 30 years, Citadel has cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers and engineers in the world. Our colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.
Quantitative Researcher – 2026 PhD Intern (Europe) employer: Quant Blueprint LLC
At Citadel, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration among top-tier talent. Our 11-week internship programme not only provides invaluable hands-on experience in quantitative research but also encourages networking with senior professionals, ensuring that interns are well-equipped for future success. With opportunities for personal and professional growth in vibrant locations like London and Paris, Citadel is the ideal place for aspiring researchers to make a meaningful impact in the world of finance.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Researcher – 2026 PhD Intern (Europe)
✨Tip Number 1
Network like a pro! Reach out to current or former interns at Citadel on LinkedIn. Ask them about their experiences and any tips they might have. This can give you insider knowledge and help you stand out.
✨Tip Number 2
Brush up on your coding skills! Make sure you're comfortable translating mathematical models into code, especially in Python or R. Practice by working on small projects or contributing to open-source ones to showcase your skills.
✨Tip Number 3
Prepare for technical interviews by solving quantitative problems. Use platforms like LeetCode or HackerRank to sharpen your skills. The more you practice, the more confident you'll feel when tackling those tricky questions.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in the role. Don’t forget to tailor your application to highlight your relevant skills and experiences!
We think you need these skills to ace Quantitative Researcher – 2026 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 experience in mathematics, statistics, and any relevant programming skills. We want to see how your background aligns with the job description!
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 skills can contribute to our mission at Citadel. Keep it concise but impactful!
Showcase Your Projects:If you've worked on any relevant projects or research, make sure to include them in your application. We love seeing practical examples of your work, especially if they involve complex data sets or innovative approaches!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Quant Blueprint LLC
✨Know Your Numbers
Brush up on your probability and statistics knowledge. Be prepared to discuss concepts like machine learning, time-series analysis, and pattern recognition. Citadel values strong analytical skills, so showcasing your understanding of these areas will definitely impress.
✨Showcase Your Coding Skills
Since translating mathematical models into code is crucial for this role, make sure you can demonstrate your proficiency in Python, R, or C++. Bring examples of past projects where you've implemented algorithms or back-tested trading models to the table.
✨Research Citadel's Culture
Familiarise yourself with Citadel’s mission and values. Understanding their focus on collaboration and innovation will help you align your answers with what they’re looking for. Plus, it shows genuine interest in the company!
✨Prepare Thoughtful Questions
Think of insightful questions to ask your interviewers about their work and the team dynamics. This not only demonstrates your enthusiasm but also gives you a chance to assess if the environment is the right fit for you.
