CME Group

CME Group

Research and Product Development PhD Student Intern (Part-Time, 12-Month Program)

New York - 300 Vesey Street, USA · Intern · Internship

Sponsorship not specified$24k-$40kDetected 26 days ago
PythonC++BigQueryGCPCloud PlatformsMachine LearningData AnalysisData EngineeringData ScienceComputer VisionStatisticsFinancial ModelingResearchLeadershipCommunicationCollaborationMentoring

About the role

  • We are seeking a PhD student-level intern (20 hours/week, part-time, 1-2 days onsite in New York) for a 12-month appointment working directly with the Executive Director leading CME's Data & Analytics buildout.
  • This is a ground-floor opportunity to contribute to both the modernization of CME's core analytics and the development of new AI-driven, mathematically rigorous models.
  • The role has three interlocking pillars:

Responsibilities

  • Document and validate models in alignment with governance and regulatory standards
  • Help to document and at times direct conversion of legacy codebases into robust, maintainable analytics libraries
  • Collaborate with Product, Clearing, Data Science, Index, and Engineering teams
  • CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process.
  • Build analytical pipelines using Python + GCP tooling
  • Develop visualizations and explainers for internal and client use
  • Support monthly and quarterly research themes

Requirements

  • Proficiency in Python and scientific computing libraries
  • Ability to communicate complex concepts clearly in writing
  • Experience with GCP: BigQuery, Vertex AI, Dataflow, C++
  • Experience with ML, embeddings, or agent-based systems
  • Ability to work on both quantitative financial models and cutting-edge AI systems
  • Experience bringing models into enterprise-scale production

Skills

  • High expectations for precision, mathematical clarity, and documentation
  • Requires comfort with governance and validation standards
  • Building New Machine Learning, Embedding, and Agent-Based Models
  • ML models trained on massive historical market datasets
  • Embedding models for numerical, textual, and transactional data
  • Agent-based systems and agent-communication protocols
  • Market microstructure simulations powered by intelligent agents
  • Predictive analytics and anomaly detection frameworks
  • Hybrid models combining financial mathematics with ML architectures
  • Where Futures are Made
  • CME Group is the world's leading derivatives marketplace.
  • Transform industries.

Compensation

  • The pay range typically applicable to our intern roles is $23.84--$39.71.

Benefits

  • Through our benefits program, we offer our employee interns the opportunity to participate in select offerings.
  • This includes our comprehensive health coverage and a mental health benefit.
  • Actual pay offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education, location of the internship, and the internship area of focus.
Apply directly at CME Group →Create a free account for alerts like thisView CME Group immigration profile

This listing is sourced directly from CME Group's careers page and normalized into a canonical job model.