About the role#
This summer internship is based in our New York office within the Discretionary Macro and Fixed Income (DMFI) business. You will join a small team focused on data-driven analysis across fixed income and macro markets. You will work directly with the Portfolio Manager to gain exposure to live trading and the full investment process.
What you'll do#
- Build and maintain fixed income analytics, valuation tools, and relative value frameworks for idea generation and portfolio monitoring.
- Develop research pipelines and production-quality tooling for data ingestion, analytics, backtesting, and risk analysis.
- Analyse relative value opportunities across rates and fixed income markets using quantitative and statistical techniques.
- Work with the Portfolio Manager to formalise trading intuition into quantitative models and repeatable research processes.
- Improve the robustness, scalability, and maintainability of the team's codebase and analytical stack.
What you'll need#
- Currently pursuing a degree in a highly quantitative discipline such as Computer Science, Mathematics, Statistics, Physics, Finance, or Economics.
- Strong Python programming skills with experience on data-driven projects.
- A solid grounding in quantitative analysis techniques, including statistics, linear algebra, and numerical methods.
- A software engineering mindset with a focus on code quality, testing, and maintainability.
- Genuine enthusiasm for financial markets, particularly fixed income and macro.
- Excellent attention to detail, intellectual curiosity, and strong communication skills.
Location & details#
- Location: New York, New York
- Term: Summer 2027
- Work Modality: On-site
- Employment Type: Full-time
- Compensation: The annual base pay is expected to be between $50,000 and $60,000, which will be prorated based on the internship duration.
About Schonfeld
Schonfeld is a multi-strategy hedge fund established in 1988. Based in New York, the firm operates across five continents. It employs between 501 and 1,000 people. The company focuses on four core strategies including quantitative, fundamental equity, tactical trading, and discretionary macro and fixed income.
How to get in at Schonfeld
Applying early to Schonfeld gives you a distinct advantage, as recruiters often review candidates before the applicant pool grows too large. Intern Insider sends an instant alert the moment a role matching your target is published, helping you get your materials in before the pile grows. You can use this lead time to refine your application and ensure your background aligns with their specific investment strategies. Reaching out to the right person at Schonfeld often yields better results than submitting through a general portal. Intern Insider surfaces the recruiters behind the company roles, allowing you to connect directly to ask about the position or a potential referral. This direct approach materially improves your response rates compared to standard submissions.
