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Schonfeld

2027 DMFI Technology Intern

Posted 26 Days Ago
In-Office
New York, NY, USA
125K-145K Annually
Internship
In-Office
New York, NY, USA
125K-145K Annually
Internship
Ten-week technology internship building high-performance software and market-data pipelines for a hedge fund’s DMFI division. Responsibilities include processing live market data, optimizing time-series datasets, managing data lifecycles, supporting real-time risk and P&L visibility, and deploying an analytics project to production. Candidates should have strong Python skills, database knowledge, and interest in capital markets.
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The Role 

We are excited to offer an opportunity for exceptional individuals to join the internship program at Schonfeld. You’ll spend ten weeks with an experienced technology team within the DMFI division where you will be immersed in the culture and atmosphere of Schonfeld, working alongside talented professionals on high profile projects. 

What you’ll do   

Collaborate with senior DMFI Technology developers to build high-performance software integrating with our analytics library. You will power live and historical market-data pipelines that directly enable Portfolio Managers to make critical, time-sensitive investment decisions. 

Key responsibilities include: 

  • Streaming Live Data: Process ticking market data from multiple providers, delivering it to users within milliseconds. 
  • Optimizing Time-Series: Build highly efficient historical datasets optimized for rapid trading analysis. 
  • Data Lifecycle Management: Enhance every stage of our data pipeline: ingest ➜ clean ➜ store ➜ analyze ➜ deliver. 
  • Risk & P&L Visibility: Contribute to pipelines that give PMs real-time and historical visibility into their market exposures. 
  • Production Ownership: Own a summer-long analytics project from conception to production deployment for active business use. 

 

What we look for: 

  • Academic Background: Currently pursuing a degree in a technical or quantitative discipline. 
  • Core Languages: Strong proficiency in Python; familiarity with Java is a plus. 
  • Database Knowledge: Solid understanding of relational and NoSQL databases (e.g., PostgreSQL, MongoDB). 
  • Technical Edge: Exposure to real-time data-streaming technologies is highly advantageous. 
  • Domain Interest: Coursework or a strong interest in capital markets and finance. 

 
Our Internship 

Kick-start your career in finance with the Schonfeld Summer Internship! Over the course of 10 action-packed weeks, you will have the opportunity to build solutions that tackle real-world challenges and leave a lasting impact on the firm. As an intern, you’ll join a close-knit team that is ready to support your growth and accelerate your career. We will pair you with a dedicated manager and a mentor who’ll guide your development over the course of the internship and beyond. Throughout the program, you will have the chance to connect with senior leaders through a series of learning sessions, attend hands-on skills workshops, network at social events and get a behind-the-scenes look at how various functions power the firm. We’ll empower you to bring your ideas to life and make an impact.  

Who We Are 

Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income. 

Our Culture 

At Schonfeld, we’ll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork-oriented, collaborative and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm’s walls. 

The annual base pay for this role is expected to be between $125,000 and $145,000 which will be prorated based on internship start and end date. The expected base pay range is based on information at the time this post was generated. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications and experience and level of education. 

HQ

Schonfeld New York, New York, USA Office

Park Ave, New York, NY, United States, 10022

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