3Red Trading

Intern: Quant Trader (2019) - Chicago or New York City

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Active since 06-08-2014 Job category Financial and economic / busine...
Location Chicago or New York City Level Trainee / Student
Educational level Bachelor / Graduate Employment type Internship
Hours 40 - 45 Salary Paid
Quant Trading Intern – 3Red

Job Description
We are looking for a Quant Trading Intern. You would work closely with your trading leads, technologists, compliance, and risk. The expectation is that you would you will be scripting in languages such as Python/R but the role is trading focused. It’s a really cool opportunity as an intern where you'd get your hands dirty for a summer and add value in a short time. Helping to identify where there is edge that may not have been explored, analyzing the results of trades or automating a piece of trading are a few examples of a project you may have.

Previous Intern Projects:

  • Writing scripts to help manage positions
  • Help optimize historical simulation process
  • Historical data analysis to improve valuation models

Responsibilities of this Role:

  • Learning and managing a portfolio of trades
  • Writing scripts to maintain and improve trades
  • Historical data analysis

What We’re Looking for from Our Candidates:

  • Quantitative background
  • Some experience with a programming language
  • Ability to collaborate on projects with others but also work independently when needed
  • Interest in financial markets

It’s an exciting time to join. We are lean and have a lot of needs so you’ll actually be doing work that we’ll use. No fluff; we need you to do actual work. Feel free to pass this along to anyone that may be interested.

Once we receive your resume, we will review it within a few weeks. Should you be a fit, then we will move forward with an initial phone screen.

Qualifications and Culture
This person needs to be driven, able to self-direct, and eager to learn. Our environment offers quick feedback and we count on each person to thrive on that and be able to execute given new information. Our office and culture is casual but the work ethic is not. We have an excellent work-life balance and are able to be productive without working until we burn out. This role offers competitive benefits and pay, as well as casual dress every day, excellent work-life balance, fully stocked pantries with many healthy options and a bit of chocolate here and there, catered lunches every Wednesday, 3Red outings, and a Zen Room for moments of relaxation.

3Red prides itself in offering a highly competitive salary commensurate with experience, as well as a performance-based bonus. 3Red strives for a casual and fun work environment and promotes a healthy lifestyle. Full medical dental, and vision coverage is offered as well as a retirement plan. For more details on our perks, please have a look at our website. http://www.3redgroup.com/ourperks/

Info about 3Red
3Red is a proprietary trading startup headquartered in the Chicago Loop, with a presence in New York. We’re committed to leveraging technology and math to implement competitive trading strategies while managing risk and responding to dynamic market conditions. Technology and quantitative ingenuity are at our core.

We hire extremely bright, talented, and motivated individuals to collaborate with each other and compete in the world’s financial markets. Our team has extensive, global experience in a wide variety of asset classes, risk management, and simple and complex technologies. Dedicated Technologists create all of our trading architecture, risk management systems, and software in-house. Algorithmic Traders extract information from a ton of data and leverage mathematical modeling to build automated trading algorithms.

More information
This listing is a full-time job

Job category Financial and economic / business administration / Financial Management
Industry / Industries Financial Services
Region United States

Contact information

Name Liz Ferrara