Quantitative Research Intern, PhD Position

1 month ago


Chicago, Illinois, United States Optiver Full time
Unlock Your Potential as a Quantitative Research Intern

At Optiver, we're committed to fostering a culture of collaboration and excellence. As a Quantitative Research Intern, you'll have the opportunity to work alongside our team of mathematicians, scientists, and technologists to develop and enhance the models that drive our trading decisions.

What You'll Do:
  • Delve into Trading Fundamentals: Led by our in-house education team, you'll engage in a research project that makes a real-world impact.
  • Explore Research Areas: You'll be paired with one of our seasoned researchers, providing you with exposure to a variety of research areas, including:
  • Using statistical models and machine learning to develop trading algorithms.
  • Leveraging big data technologies to analyze high-frequency trading strategies, market microstructure, and financial instruments to identify trading opportunities.
  • Building stochastic models to determine the fair value of financial derivatives.
  • Combining quantitative analysis and high-performance implementation to ensure the efficiency and accuracy of pricing engines and libraries.
What You'll Get:
  • A Highly-Competitive Internship Compensation Package
  • Optiver-Covered Flights, Living Accommodations, and Commuting Stipends
  • Office Perks, Including Fully Paid Commuting Expenses, Daily Breakfast and Lunch, Social Events, and Clubs
Who You Are:
  • Currently enrolled in a PhD program in Mathematics, Statistics, Computer Science, Physics, or a related STEM field with outstanding academic performance.
  • Anticipated graduation date between December 2025 and June 2027.
  • Availability to commence full-time employment upon graduation in 2026 or 2027.
  • Must be available to intern during Summer 2025.
  • Solid foundation in mathematics, probability, and statistics.
  • Excellent research, analytical, and modeling skills.
  • Independent research experience.
  • Proficiency in any programming language.
  • Knowledge of machine learning, time-series analysis, pattern recognition, and NLP is a plus.
  • Strong interest in working in a fast-paced, collaborative environment.
  • Fluent in English with strong written and verbal communication skills.
Diversity Statement

Optiver is committed to diversity and inclusion.

For answers to some of our most frequently asked questions, refer to our Campus FAQs.

Optiver is supportive of US immigration sponsorship for this role.



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