Quantitative Research Analyst - Intern (US)

Learn more about Citadel
Citadel

Citadel

Quantitative Research Analyst - Intern (US)

Greenwich, CT +2 locations
Internship
Paid
  • Responsibilities

    Job Description

    Our mission is to be the most successful investment team in the world. Quantitative Researcher Analysts play a key role in this mission by developing next-generation models and trading approaches for a range of investment strategies. You'll get to 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'll dive into research through an 11-week program that will allow you to collaborate and connect with senior team members. In addition, you'll get the opportunity to network and socialize with peers throughout the internship.

    Our signature internship program takes place June through August. Occasionally, we can be flexible to other times of the year. You will be able to indicate your timing preference in the application.

    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

    • Bachelor's or master's 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 New York, Greenwich, and Miami.

    In addition to weekly pay, interns may be eligible for a highly competitive sign-on bonus, housing stipend or covered living accommodations, company-sponsored travel, and a variety of on-site benefits, including access to on-site fitness and wellness amenities, catered meals, and social and networking events.

    In accordance with applicable law, the base salary range for this role is $4,500 to $5,800 per week.

    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.

  • Industry
    Financial Services
  • Locations
    Greenwich, CT • Miami, FL • New York, NY
  • Fun Fact
    We are one of the largest alternative investment managers in the commodities markets. Our investments are based on our deep understanding of commodity market fundamentals. We express our investment views through financial derivatives, physical supply and offtake, and financing.
  • About Us

    For over 35 years, we’ve been helping the world’s preeminent institutions identify the highest and best uses of capital. Our innovative investment strategies and market-leading technology, backed by a global network of elite quantitative researchers, provide exceptional risk-adjusted returns that help our partners succeed.

    With more than $67 billion in investment capital as of early 2026, Citadel is the world’s most successful hedge fund manager by net gains since inception. We operate at the intersection of finance and technology to capture undiscovered opportunities across global markets.

    Citadel does business in every major financial hub, principally operating through five primary investment strategies—Equities, Fixed Income & Macro, Commodities, Credit & Convertibles, and Global Quantitative Strategies—and provides essential liquidity to the broader economy through its market-making affiliate, Citadel Securities.