Quantitative Researcher Intern (Summer 2024 – Shanghai)
Shanghai
Our Quantitative Researcher Summer Internship is the perfect opportunity for you to gain exposure to a real-life trading floor. Expand your knowledge of the financial markets and solve some challenging problems that could impact the way we trade. Plus, if you’ve excelled over the summer and shown us your potential, you could receive an offer to join us as a graduate quantitative researcher!
WHO WE ARE
Optiver is a global market maker with offices in Amsterdam, London, Chicago, Austin, Sydney, Shanghai, Hong Kong, Singapore and Taipei. Founded in 1986, today we are a leading liquidity provider, with close to 2,000 employees in offices around the world, united in our commitment to improve the market through competitive pricing, execution and risk management. By providing liquidity on multiple exchanges across the world in various financial instruments, we participate in the safeguarding of healthy and efficient markets. We provide liquidity to financial markets using our own capital, at our own risk, trading a wide range of products: listed derivatives, cash equities, ETFs, bonds and foreign currencies.
Since its establishment in 2012, our Shanghai office is a rapidly growing participant in the Chinese markets, trading exchange-listed futures, options and equities in China mainland. Our vision is to become the trusted partner in the development of Chinese financial markets. With the culture of a start-up but the backing of a 35+ year-old trading firm, the Optiver Shanghai office is truly unique. Everyone who joins us will help shape the future of our company and its global impact. Get ready: we are only just beginning.
WHAT YOU’LL DO
As a Quantitative Researcher Intern, you’ll work with our researchers and traders on real-life research projects, that directly impact the way we trade. Our quantitative researchers are responsible for the accuracy of our core pricing models. They work closely with our traders to analyse and improve all facets of our trading strategies.
As part of the internship, you’ll get to:
- Perform extensive analysis in order to implement new algorithms that support and improve our existing models.
- Develop risk management and portfolio optimisation tools to improve our execution algorithm.
- Work with petabytes of low latency, high-frequency market data sets.
- Collaborate with our developers to test and drive changes to our trading system, that will improve our ability to make successful trades.
- Keep up to date on the latest development of new models and technologies
WHO YOU ARE
- Bachelor/Masters/PhD student, who will graduate during or after 2025.
- Major in a highly quantitative field.
- Strong knowledge of probability and statistics, experience in machine learning and time-series analysis is a big plus.
- Programming experience in any language (C, C++, Python, JAVA, etc.), ideally with a preference towards Python.
- Ability to carry a project on your own in a structured way within a short timeframe.
- Experience in working with large datasets.
- Both a self-motivated contributor and a team player, with an entrepreneurial attitude and hunger for success.
- Interest in the trading/quantitative finance industry.
WHAT YOU’LL GET
- The chance to work alongside diverse and intelligent peers in a rewarding environment.
- Competitive remuneration, including an attractive bonus structure and additional leave entitlements.
- Training, mentorship and personal development opportunities.
- Daily breakfast, lunch and snacks.
- Gym membership, sports and leisure activities, plus weekly in-house chair massages.
- Regular social events, clubs and Friday afternoon drinks.
As an intentionally flat organisation, we believe that great ideas and impact can come from everyone. We are passionate about empowering individuals and creating diverse teams that thrive. Every person at Optiver should feel included, valued and respected, because we believe our best work is done together.
Our commitment to diversity and inclusion is hardwired through every stage of our hiring process. We encourage applications from candidates from any and all backgrounds, and we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.
HOW TO APPLY
If you’re interested in taking your career to the next level and work on one of the most exciting trading floors in China mainland, apply now via the form below. Applications are open until 9 October 2023.
While we love how bilingual our teams are, be sure to submit the below application materials in English:
- Resume
- Cover letter (optional)
- Academic transcripts
For any other inquiries, please email [email protected]
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Optiver 重视个人信息的保护。请您在提供个人信息给我们之前,认真阅读Optiver China Privacy Notice, 了解我们如何收集及处理您的个人信息。
Personal information protection is of utmost importance to Optiver. Before you provide any personal information to us, we strongly urge you to read Optiver China Privacy Notice for acknowledging how we collect and process your personal information.