Quantitative Trader – Intern (US) (Trading and Research)
Citadel SecuritiesAbout the Role
At Citadel Securities, quantitative traders make complex risk decisions, model markets, and bring trading strategies to life every day. Working alongside traders and researchers, you'll use predictive analytics and sophisticated statistical techniques to monitor risk, respond to market signals, and develop trading strategies across Options, ETFs, Equities, Fixed Income, Commodities and Currencies.
- Complete two rotations with different teams over the summer, building exposure across distinct areas of the business ahead of full-time placement.
- Own a defined project in each rotation, supported by a dedicated project manager and desk mentors, presenting results and receiving formal feedback at the midpoint and end of the program.
- Develop in-depth knowledge of a financial market and sharpen decision-making under uncertainty through mock trading and game theory sessions.
- Conceptualize valuation strategies and design, build, and implement predictive models to generate novel trading signals.
- Conduct research and statistical analysis to build and refine monetization systems for trading signals, using unconventional data sources to drive innovation.
The summer program includes a Learning Series taught by traders and researchers covering asset class fundamentals, research techniques and case studies, mock trading, and game theory challenges, along with networking and social events with peers and senior team members.
Responsibilities
- Complete two rotations with different teams over the summer, building exposure across distinct areas of the business ahead of full-time placement
- Own a defined project in each rotation, supported by a dedicated project manager and mentors on the desk who guide your work and your professional development
- Present your results and receive formal feedback at the midpoint and at the end of the program
- Develop in-depth knowledge of a financial market
- Sharpen decision-making under uncertainty through a structured program of mock trading and game theory sessions run by our education team
- Innovate by using one of the industry's most powerful trading platforms
- Conceptualize valuation strategies, develop, and continuously improve upon mathematical models
- Design, build, and implement predictive models to generate novel trading signals
- Use unconventional data sources to drive innovation
- Conduct research and statistical analysis to build and refine monetization systems for trading signals
Requirements
- Bachelor's degree in applied math, engineering, statistical modeling, calculus, computer science, physics or related disciplines required
- Ability to think about the world systematically and quantitatively, as well as the ability to deal with uncertainty in a rigorous and statistical approach
- Experience with modern AI concepts such as Large Language Models (LLMs) and agentic systems is highly desirable
- Expertise in translating mathematical models and algorithms into code (Python, R or C++)
- 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
What You'll Get
- $4,500–$5,800/wk base salary
- Highly competitive sign-on bonus
- Housing stipend or covered living accommodations
- Company-sponsored travel
- Access to on-site fitness and wellness amenities
- Catered meals
- Social and networking events