At a Glance
- Tasks: Join our Quant team to enhance derivatives pricing and risk infrastructure.
- Company: Global hedge fund focused on innovative investment strategies.
- Benefits: Hands-on experience, mentorship, networking opportunities, and career growth.
- Other info: Collaborative culture with a focus on continuous learning and innovation.
- Why this job: Make a real impact in finance while developing your technical skills.
- Qualifications: Degree in a technical field and strong programming skills required.
We are seeking an exceptional intern to join our Discretionary Macro Fixed Income (DMFI) Quant team in London where you will have an opportunity to meaningfully contribute to building and enhancing our derivatives pricing and risk infrastructure, delivering solutions that directly impact our trading operations across multiple asset classes.
Reporting to our Lead Architect you will work collaboratively to design, build and test our derivatives analytics library and framework. More precisely you will collaborate with traders and quant researchers to deploy new pricing models and enhance existing analytics. You will also improve our risk analytics for real-time trading and risk management.
You will work on the end-to-end derivatives platform including market and reference data integration, model testing and validation and Greeks calculation. The ideal candidate will have a mindset of continuous improvement, seeking solutions to improve model performance, numerical stability, and computational efficiency.
What you need:
- A bachelor's or master's degree in a technical field such as computer science, statistics, mathematics, physics, or electrical engineering
- Excellent programming skills in at least 1 compiled language C++, C#, Rust and Python
- Strong knowledge of algorithms
- Strong applied mathematical background to understand the various aspects of the models
- Experience with database languages such as SQL
- The ability to communicate software design and development ideas clearly and succinctly
- Creative problem-solving skills and experience working with real-world datasets
- Strong attention to detail
We'd love if you had:
- Previous financial industry experience although it is not required
- An advanced degree in a quantitative or technical field
Kick-start your career in finance with the Schonfeld Summer Internship. Over the course of 10 action-packed weeks, you will have the opportunity to build solutions that tackle real-world challenges and leave a lasting impact on the firm. As an intern, you'll join a close-knit team that is ready to support your growth and accelerate your career. We will pair you with a dedicated manager and a mentor who'll guide your development over the course of the internship and beyond. Throughout the program, you will have the chance to connect with senior leaders through a series of learning sessions, attend hands-on skills workshops, network at social events and get a behind-the-scenes look at how various functions power the firm. We'll empower you to bring your ideas to life and make an impact.
Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income.
At Schonfeld, we'll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork-oriented, collaborative and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm's walls.
2026 DMFI Quantitative Developer Summer Internship -London employer: Schonfeld
Contact Detail:
Schonfeld Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land 2026 DMFI Quantitative Developer Summer Internship -London
✨Tip Number 1
Network like a pro! Reach out to current or former interns and employees on LinkedIn. Ask them about their experiences and any tips they might have for landing the internship. Personal connections can make a huge difference!
✨Tip Number 2
Prepare for technical interviews by brushing up on your programming skills. Make sure you’re comfortable with C++, Python, or whichever language you’re most proficient in. Practice coding challenges and algorithms to show off your problem-solving skills!
✨Tip Number 3
Show your passion for finance and quantitative analysis during interviews. Be ready to discuss any relevant projects or coursework that demonstrate your skills and interest in the field. We love seeing candidates who are genuinely excited about what we do!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Schonfeld!
We think you need these skills to ace 2026 DMFI Quantitative Developer Summer Internship -London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role. Highlight your programming skills, especially in C++, C#, Rust, or Python, and any relevant projects that showcase your problem-solving abilities. We want to see how your background fits with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about the DMFI Quantitative Developer Internship and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Projects: If you've worked on any relevant projects, whether academic or personal, make sure to mention them. We’re interested in your experience with algorithms, databases, and real-world datasets. This is your opportunity to demonstrate your hands-on skills!
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 at Schonfeld!
How to prepare for a job interview at Schonfeld
✨Know Your Tech Inside Out
Make sure you brush up on your programming skills, especially in C++, Python, or any other compiled language mentioned in the job description. Be ready to discuss algorithms and how they apply to real-world problems, as this will show your technical prowess.
✨Understand the Financial Landscape
Even if you don’t have prior financial industry experience, it’s crucial to familiarise yourself with basic concepts in finance, particularly around derivatives and risk management. This knowledge will help you engage more meaningfully during discussions with traders and quant researchers.
✨Prepare for Problem-Solving Questions
Expect to tackle some creative problem-solving scenarios during your interview. Practice explaining your thought process clearly and succinctly, as this will demonstrate your analytical skills and ability to communicate effectively.
✨Show Your Collaborative Spirit
Since the role involves working closely with a team, be prepared to share examples of past collaborative projects. Highlight how you contributed to team success and how you can bring that same energy to the DMFI Quant team.