2025 Risk Analyst Summer Internship
Miami, Florida, United States
Internship Entry-level / Junior USD 105K - 125K
Schonfeld
The Role
We are seeking a highly qualified Risk Analyst Summer Intern to join our Systematic Strategies Risk team in Miami, FL. This team is responsible for helping systematic portfolio managers think about different dimensions of risk, and further help firm management with oversight of the systematic strategies division.
What You’ll Do
As a Risk Analyst Summer Intern, you’ll spend ten weeks with the Schonfeld Risk team, focusing on a quantitative risk research project related to topics such as portfolio construction and optimization, risk estimation and forecasting, and/or liquidity measurement. The research project will be empirical and involve the use of advanced quantitative techniques and economic theory. You will present your research project at the end of the program. Upon completion of the internship, you may be extended a full time offer of employment.
You will be assigned both a manager and mentor, participate in organized team-building events, lunch and learns, social activities, and network with senior management throughout the summer.
What You’ll Bring
- A Bachelor’s or Master’s degree in a quantitative or technical field such as mathematics, physics, engineering, economics, or finance (ideally with one year left in your academic program)
- Knowledge of, and coursework in, linear algebra, statistics, numerical optimization, and data science
- Proficient programming ability in Python
- Knowledge of databases like SQL and/or KDB
- Excellent organizational skills and high regard for attention to detail
- Strong problem-solving skills
- A passion for financial markets and a desire to learn more about the strategies deployed by hedge funds
Our Internship
The Schonfeld internship provides students with a unique opportunity to experience Schonfeld, our work, our people, and our culture.
Each intern will work on a tailored project that will provide them with real world experience. We provide all interns with a dedicated mentor and manager to help them navigate the internship successfully. Interns will also participate in our learning and development program, which aims to provide tangible skills training and education on various functions across the firm and in the workplace. Along with the hands-on guidance and support from managers and mentors, interns will participate in networking events, engage with our Diversity, Equity and Inclusion Alliance, attend panel discussions, and have many opportunities to get to know Schonfeld’s core values in practice.
Who We Are
Schonfeld Strategic Advisors is a global multi-strategy, multi-manager investment platform that harnesses the transformative power of people to perform in all market environments. Our dynamic culture inspires better outcomes for our team, our investors, and our partners. We aim to consistently deliver risk-adjusted returns, with people driving performance.
We specialize in five core strategies: Quantitative Trading, Fundamental Equity, Tactical Trading, Discretionary Macro & Fixed Income, and Emerging Markets & Delta One. We capitalize on inefficiencies and opportunities within the markets, drawing from a significant investment in proprietary technology, infrastructure, and risk analytics.
We invest through internal portfolio managers and external partner funds, pursuing alignment among investors, investment professionals, and the firm. Our footprint spans 7 countries and 19 offices.
Our Culture
Talent is our strategy. We believe our success is because of our people, so putting our talent above all else is our top priority. We are teamwork-oriented, collaborative, and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning & educational offerings and opportunities to make an impact.
We foster a sense of belonging among all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. Our employees value diversity across identity, thought, people and perspective which serves as the foundation of our culture. As a firm, we are committed to creating a hiring process that is fair, welcoming and supportive.
The annual base pay for this role is expected to be between $105,000 and $125,000 which will be prorated based on internship start and end date. The expected base pay range is based on information at the time this post was generated. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications and experience and level of education.
Tags: Economics Engineering Finance Linear algebra Mathematics Physics Python Research SQL Statistics
Perks/benefits: Career development Equity / stock options Team events
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