jumptrading

jumptrading

Campus Quantitative Researcher, PhD (Intern)

Chicago; New York · Intern · Internship

H1B sponsorship availableDetected 13 days ago
PythonC++Machine LearningDeep LearningStatisticsElectrical EngineeringResearchCollaborationMentoring

About the role

  • The program runs in person during Summer 2027 in our Chicago and New York offices.
  • The first two weeks are focused training covering our research process, machine learning, statistics, trading and market mechanics, Python, and the infrastructure you'll use all summer.
  • From there, you'll be matched with a trading team based on your background and interests, and spend the remaining weeks working 1:1 with experienced researchers on a real-world project tied to live business needs.

Responsibilities

  • Match with a trading team and own a research project end to end, in areas such as predictive modeling, alpha research on new datasets, and improving the models and systems behind live trading
  • Build, fit, and evaluate models on our supercomputing grid, and present your results to your team throughout the summer, culminating in a final presentation
  • Systematic research thinking: the ability to form well-educated hypotheses, design rigorous tests, and draw statistically sound, generalizable conclusions.

Requirements

  • Experience conducting an in-depth research project with real-world data
  • Programming experience in Python, with the ability to read, understand, and debug code, including code you didn't write
  • Perseverance: successful research is the result of lots of failure and intellectual risk-taking, and a PhD is often proof that you can stay with a hard problem for years without quitting

Nice to have

  • Proficiency in C++ (either works, and both is better)
  • Familiarity with financial markets.
  • No prior knowledge of finance or trading is necessary
  • we will give you the training that you need
  • Reliable and predictable availability required.
  • We accept students eligible for CPT/OPT and we sponsor work visas for full-time positions.

Skills

  • Jump Trading Group is committed to world class research.
  • Constant innovation requires fearlessness, creativity, intellectual honesty, and a relentless competitive streak.

Compensation

  • The estimated base salary for this role is $300,000 per year.

Visa & Work Authorization

  • We accept students eligible for CPT/OPT and we sponsor work visas for full-time positions.

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