2026 PhD Quant Research Summer Intern - New York at Schonfeld

New York, New York, United States

Schonfeld Logo
Not SpecifiedCompensation
InternshipExperience Level
InternshipJob Type
UnknownVisa
Quantitative Finance, Hedge FundsIndustries

Requirements

  • Current PhD student in a quantitative or technical field such as statistics, mathematics, physics, electrical engineering, or computer science (ideally with one year left in your academic program)
  • Excellent programming skills in languages such as Python, C, C++, Java, SQL, or R
  • Strong knowledge of probability and statistics (e.g., machine learning, time-series analysis and forecasting, pattern recognition, NLP)
  • The ability to communicate research ideas clearly and succinctly
  • Creative problem-solving skills and experience working with real-world datasets
  • Strong attention to detail
  • We’d love if you had:
  • Previous financial industry experience (not required)
  • An advanced degree in a quantitative or technical field

Responsibilities

  • Work with researchers and developers on projects including design of novel predictive signals and enhancement of algorithms for prediction, trade execution, portfolio construction, risk management, and others
  • Contribute to all facets of running a successful quantitative trading business
  • Further alpha research by understanding economics of a fundamental domain and insights from alternative data
  • Identify compelling differentiating factors
  • Design novel predictive signals
  • Backtest and validate hypotheses
  • Collaborate with senior team members to learn quantitative research skills
  • Network and socialize with peers

Skills

Python
C
C++
Java
SQL
R
Machine Learning
Time-Series Analysis
Pattern Recognition
NLP
Probability
Statistics

Schonfeld

Multi-manager investment platform for diverse strategies

About Schonfeld

Schonfeld Strategic Advisors is a multi-manager investment platform that invests capital with internal and partner portfolio managers across four main strategies: quantitative, fundamental equity, tactical trading, and discretionary macro & fixed income. The firm provides portfolio managers with the autonomy and support needed to maximize their business potential while leveraging proprietary technology and risk analytics to identify market opportunities. Schonfeld serves institutional investors and high-net-worth individuals, focusing on generating returns through strategic investments and effective risk management. Its goal is to capitalize on market inefficiencies and expand its investment strategies globally.

New York City, New YorkHeadquarters
1988Year Founded
$1,464MTotal Funding
VENTURE_UNKNOWNCompany Stage
Quantitative Finance, Financial ServicesIndustries
201-500Employees

Benefits

Performance Bonus
Professional Development Budget

Risks

Departure of key Asia personnel may disrupt regional operations and growth.
New stakes in various companies expose Schonfeld to market volatility and sector risks.
New CTO appointment may lead to strategic shifts impacting current operations.

Differentiation

Schonfeld invests in diverse strategies: quantitative, fundamental equity, tactical trading, and macro.
The firm leverages proprietary technology and risk analytics for market opportunities.
Schonfeld offers global exposure across Americas, Europe, and Asia with multiple asset classes.

Upsides

AI-driven trading enhances Schonfeld's quantitative strategies and risk analytics.
Thematic ETFs in tech and healthcare offer high-growth investment opportunities for Schonfeld.
Alternative data integration provides Schonfeld competitive advantages in market insights.

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