Quant Analyst Intern

Interactive Brokers

Posted 3 days ago

Internship

Greenwich, Connecticut

In Person

Smart Summary

The intern will assist in developing and testing quantitative models for trading strategies and risk management, alongside conducting statistical analysis on large financial datasets. Responsibilities also include supporting the implementation of algorithmic trading strategies and performing back-testing and validation of models.

Interactive Brokers is seeking a Quant Analyst Intern with a passion for financial markets and quantitative methods. The role requires a student pursuing a bachelor's or master's degree in a quantitative field, strong programming skills in Python, R, or MATLAB, and a solid understanding of statistics and linear algebra. Excellent analytical, problem-solving, and communication skills are essential.

Must Have Skills for ATS

Python

R

MATLAB

Statistics

Probability

Linear Algebra

Quantitative Modeling

Algorithmic Trading

Back-testing

Data Visualization

Problem-Solving

Communication

Job Description

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

About your Team:

We are looking for a highly motivated Quant Analyst Intern to join our quantitative research team. The most important quality is a passion for financial markets, trading, and how quantitative methods can empower every investor.

 What will be your responsibilities within IBKR: 

  • Assist in developing and testing quantitative models for trading strategies and risk management
  • Conduct statistical analysis on large financial datasets
  • Support the implementation of algorithmic trading strategies
  • Perform back-testing and validation of quantitative models
  • Collaborate with senior analysts on research projects
  • Create data visualizations and present findings to the team

 What required skill’s you need:

  • Currently pursuing bachelor’s or master’s degree in mathematics, Statistics, Computer Science, Financial Engineering, Physics, or related quantitative field
  • Strong programming skills in Python, R, or MATLAB
  • Solid understanding of statistics, probability, and linear algebra
  • Knowledge of financial markets and instruments (preferred)
  • Excellent analytical and problem-solving abilities
  • Strong communication skills

 To be successful in this position, you will have the following:

  • Self-motivated and able to handle tasks with minimal supervision.
  • Superb analytical and problem-solving skills.
  • Excellent collaboration and communication (Verbal and written) skills.
  • Outstanding organizational and time management skills.

Interactive Brokers

Rated #1 Active Traders and #1 International Trading in 2025 by StockBrokers.com. Interactive Brokers Group (Nasdaq: IBKR) and its affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com, and many others. Interactive Brokers Group’s consolidated equity capital exceeds $17 billion. Throughout its history, the company’s mission has remained unchanged: Create technology to provide liquidity on better terms. Compete on price, speed, size, diversity of global products and advanced trading tools. Interactive Brokers LLC is a member of NYSE, FINRA, SIPC. For more information, visit: ibkr.com.

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