2027 Quantitative Analytics Summer Internship Capital Markets PhD Early Careers
You will apply advanced analytics, artificial intelligence, and machine learning to capital markets challenges. You will develop pricing, simulation, and benchmark models, enhance production models, report model performance metrics, and validate model design, calibration, and implementation.
Responsibilities
- Develop pricing models for trading desks
- Enhance production models to mitigate deterioration in model performance
- Develop simulation models to forecast losses for trading portfolios
- Develop benchmark models to assess limitations of production models
- Analyze and report metrics used to assess model performance
- Validate model design, calibration, and implementation
- Design, develop, and deliver scalable solutions
- Support risk assessments and apply risk controls
Requirements
- 2+ years of work experience or equivalent experience, training, military experience, or education
- Currently pursuing a PhD degree in Mathematics, Physics, Engineering, Statistics, or a related quantitative field
- Expected graduation date after December 2027
- Programming skills for data and statistical analysis using Python, C++, SQL, and Java
- Knowledge of Monte Carlo methods, differential equations, linear algebra, applied probability, and statistics
- Quantitative and analytical skills
- Data analysis, modeling, visualization, statistics, research, and generative AI skills
- Data and software engineering skills
- Data management skills
- Communication skills
- Business acumen and understanding of capital markets
- Risk assessment and risk control knowledge
Benefits
- 10-week summer internship
- Mentorship
- Technical training
- Exposure to senior leaders
- Intern Induction Week at an offsite location
- Structured onboarding
- Speaker series with senior leaders
- Networking opportunities