Similar Jobs at Citadel
Information Technology • Software • Financial Services • Big Data Analytics
Develop next-generation models and trading strategies using machine learning and advanced statistical techniques to extract patterns from complex datasets.
Top Skills:
C++Python
Information Technology • Software • Financial Services • Big Data Analytics
The intern will utilize machine learning and statistics to extract patterns from data, implement algorithms, back-test models, and communicate findings effectively.
Top Skills:
C++Python
Information Technology • Software • Financial Services • Big Data Analytics
Software Engineers at Citadel build systems for investment processes, collaborating with investors and researchers to enhance efficiency and outcomes.
Top Skills:
C++JavaPython
Job Description
Our investment teams create portfolios of equity securities through collaboration with portfolio managers, analysts, associates and traders. Our Investment Associates (IAs) focus on a small number of stocks and learn everything they can about those companies. They build and maintain detailed financial models; work with data sources to build their insight into company fundamentals; and perform many other forms of primary and analytical research to help their team understand each company as thoroughly as possible.
Successful summer internship participants will receive an offer for full time employment in our Citadel Associate Program. The Citadel Associate Program seeks to train and develop junior talent into successful investment professionals on Citadel's platform.
As a participant in our summer program, you will experience first-hand long-short equities investing from the inside of one of the world's most preeminent hedge funds. Participants will learn through three different avenues: instructor led classroom training, rotations on investment teams, and a team-based stock pitch.
• The curriculum will focus on key Associate building blocks - basic financial modeling, dissecting a company's future business prospects, and distinguishing between good and bad businesses, and attractive and unattractive investment opportunities, among other areas. It will also provide extensive exposure to Citadel's best-in-class infrastructure, allowing participants to understand how the right technology investing applications and risk management systems help drive repeatable investing process and best in class performance.
• Investment team rotations will give our interns the chance to perform bespoke research projects while reporting directly to analysts and portfolio managers across different industry groups.
Your Objectives:
• Learn smart and efficient financial modeling techniques
• Gain exposure to innovative research tactics including identifying and mining external data sources
• Apply analytical and research skills to executing an investment process
• Experience best-in-class research technology and quantitative risk systems
Accepting applications for 2028 graduates into our internship program for the Summer of 2027.
In accordance with applicable law, the base salary range for this role is $2,500 to $3,000 per week.
Required Skills
• Strong organization skills to help create and maintain investment team infrastructure
• Desire and ability to learn and apply efficient financial modeling techniques
• Strong communication skills, both written and verbal
• Ability to leverage incomplete and imperfect information into a well-formulated thesis
• Skill in utilizing third party data sets to support or refute pillars of an argument
• Interest in learning and applying new technology applications
About Citadel
Citadel is one of the world's leading alternative investment managers. We manage capital on behalf of many of the world's preeminent private, public and nonprofit institutions. We seek the highest and best use of investor capital in order to deliver market leading results and contribute to broader economic growth. For over 30 years, Citadel has cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers and engineers in the world. Our colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.
Our investment teams create portfolios of equity securities through collaboration with portfolio managers, analysts, associates and traders. Our Investment Associates (IAs) focus on a small number of stocks and learn everything they can about those companies. They build and maintain detailed financial models; work with data sources to build their insight into company fundamentals; and perform many other forms of primary and analytical research to help their team understand each company as thoroughly as possible.
Successful summer internship participants will receive an offer for full time employment in our Citadel Associate Program. The Citadel Associate Program seeks to train and develop junior talent into successful investment professionals on Citadel's platform.
As a participant in our summer program, you will experience first-hand long-short equities investing from the inside of one of the world's most preeminent hedge funds. Participants will learn through three different avenues: instructor led classroom training, rotations on investment teams, and a team-based stock pitch.
• The curriculum will focus on key Associate building blocks - basic financial modeling, dissecting a company's future business prospects, and distinguishing between good and bad businesses, and attractive and unattractive investment opportunities, among other areas. It will also provide extensive exposure to Citadel's best-in-class infrastructure, allowing participants to understand how the right technology investing applications and risk management systems help drive repeatable investing process and best in class performance.
• Investment team rotations will give our interns the chance to perform bespoke research projects while reporting directly to analysts and portfolio managers across different industry groups.
Your Objectives:
• Learn smart and efficient financial modeling techniques
• Gain exposure to innovative research tactics including identifying and mining external data sources
• Apply analytical and research skills to executing an investment process
• Experience best-in-class research technology and quantitative risk systems
Accepting applications for 2028 graduates into our internship program for the Summer of 2027.
In accordance with applicable law, the base salary range for this role is $2,500 to $3,000 per week.
Required Skills
• Strong organization skills to help create and maintain investment team infrastructure
• Desire and ability to learn and apply efficient financial modeling techniques
• Strong communication skills, both written and verbal
• Ability to leverage incomplete and imperfect information into a well-formulated thesis
• Skill in utilizing third party data sets to support or refute pillars of an argument
• Interest in learning and applying new technology applications
About Citadel
Citadel is one of the world's leading alternative investment managers. We manage capital on behalf of many of the world's preeminent private, public and nonprofit institutions. We seek the highest and best use of investor capital in order to deliver market leading results and contribute to broader economic growth. For over 30 years, Citadel has cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers and engineers in the world. Our colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.
Citadel New York, New York, USA Office
350 Park Avenue , New York, NY, United States, 10022
Citadel New York, New York, USA Office
425 Park Avenue, New York, NY, United States, 10022
What you need to know about the NYC Tech Scene
As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.
Key Facts About NYC Tech
- Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
- Key Industries: Artificial intelligence, Fintech
- Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
- Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory
