About the role#
This 10-week internship provides PhD students a look into research at Jump Trading. You will work on real problems using live market data. The program begins with two weeks of training on our research process, machine learning, statistics, and market mechanics. You will then join a trading team to work on a project tied to live business needs. This role is a primary pathway to a full-time offer.
What you'll do#
- Partner with a trading team to own a research project from start to finish.
- Collect, clean, and explore large datasets to engineer predictive signals.
- Build, fit, and evaluate models using our supercomputing grid.
- Present your findings to your team throughout the summer, including a final presentation.
- Receive daily 1:1 mentorship from experienced quantitative researchers.
What you'll need#
- Current enrollment in a PhD program for Statistics, Mathematics, Computer Science, Physics, Electrical Engineering, Operations Management, or Economics.
- Experience conducting an in-depth research project with real-world data.
- Programming skills in Python, including the ability to read, understand, and debug code.
- The ability to explain your research choices and the alternatives you considered.
- Creativity and initiative to explore ideas beyond those suggested to you.
- A collaborative working style and the ability to communicate results early and often.
- Proficiency in C++ and familiarity with financial markets are helpful but not required.
Location & details#
- Locations: Chicago, Illinois and New York, New York.
- Term: Summer 2027.
- Work Modality: On-site.
- Employment: This is a paid, full-time internship.
- Sponsorship: We support international students eligible for CPT or OPT and provide visa sponsorship for full-time roles.
About Jump Trading
Jump Trading is a financial services firm founded over 25 years ago. The company maintains its headquarters in Chicago and operates 13 offices across 8 countries. It employs over 2,000 people who work on trading systems, research, and engineering. The firm focuses on various asset classes and uses machine learning and AI to operate in global markets.
How to get in at Jump Trading
Applying early to Jump Trading gives you a distinct advantage, as recruiters often fill roles before the applicant pool grows too large. Intern Insider sends an instant alert the moment a role matching your target is published, helping you stay ahead of the crowd. It is a simple way to ensure you do not miss a window of opportunity while you manage your other commitments. You can use Intern Insider to surface the recruiters behind these roles and reach out directly to ask about the position or a referral. Connecting with the right person often improves your response rates compared to submitting an application into a general queue. This approach shows you are serious about the work and helps you stand out in a competitive field.
