{"id":2879212,"url":"https://alion.io/job/jain-global-quantitative-research-intern-equity-arbitrage","title":"Quantitative Research Intern – Equity Arbitrage","company":{"id":707050,"name":"Jain Global","domain":"jainglobal.com","url":"https://alion.io/company/jain-global","size_band":"201-500","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"B","score":75,"open_postings":4,"ghost_share":0,"stale_share":1,"repost_share":0,"time_to_fill_p50_days":38,"computed_at":"2026-10-23T05:54:15Z"}},"role":"Early Careers","role_family":"Early Careers","seniority":"intern","employment_type":"internship","work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["New York, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":{"min":182000,"max":234000,"currency":"USD","period":"year","gross":null,"usd_annual":234000},"salary_estimate":null,"experience_years_min":null,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Machine Learning","optional":false},{"name":"Python","optional":false},{"name":"Time Series","optional":false}],"status":"live","first_seen_at":"2026-10-19T22:21:13Z","employer_posted_date":"2026-10-19","last_verified_at":"2026-10-22T01:43:16Z","board_verified":true,"closed_at":null,"days_open":3,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":3},"description":"Job Description:\nQuantitative Research Intern - Equity Arbitrage\nJain Global, LLC\nJain Global is an innovative multi-strategy investment firm founded in July 2024 by Bobby Jain with over 400 employees operating from offices in New York, Houston, London, Singapore, and Hong Kong, we are looking to add to our growing teams.\nLocation: New York, NY\nRole Overview\nWe are looking for a highly motivated Quantitative Research Intern to join our Equity Arbitrage Equity Derivatives team. This role provides an opportunity to work at the intersection of statistical modeling, financial markets, and systematic trading, with a specific focus on equity relative value and arbitrage strategies.\nAs an intern, you will collaborate with portfolio managers and quantitative researchers to develop, test, and refine models that identify pricing inefficiencies across equities and related instruments. You will gain hands-on experience applying mathematical and statistical techniques to real-world trading problems while contributing directly to live research initiatives.\nResponsibilities:\nAnalyze large-scale equity and market datasets to identify arbitrage opportunities and inefficiencies \nDevelop and implement quantitative models for equity arbitrage strategies (e.g., statistical arbitrage, factor-based relative value, pairs trading) \nConduct rigorous statistical testing, back testing, and validation of trading signals Collaborate with researchers and developers to enhance model performance and execution efficiency \nExplore new data sources and features that improve predictive power \nContribute to research discussions and clearly communicate findings to the team \nAssist in improving research infrastructure, data pipelines, and model robustness \nQualifications & Experience:\nPursuing a master's or Ph.D. in Mathematics, Statistics, Financial Engineering, or related field \nStrong foundation in probability, statistics, linear algebra, and optimization \nExperience with time series analysis, regression, and machine learning techniques \nProficiency in Python (or similar programming language) for data analysis and modeling \nAbility to work with large datasets and extract meaningful insights \nInterest in equity markets, arbitrage strategies, and systematic investing \nStrong problem-solving ability and intellectual curiosity \nExcellent communication skills and ability to work in a collaborative environment \nCompensation\nThe estimated base salary range for this position is $182,000 for Master's students and $234,000 for Ph.D. students, which is specific to New York and may change in the future.\nWe are an Equal Opportunity Employer\nAs an employer, we believe every individual brings with them unique diversity of thought and perspectives to meaningfully enrich perspectives of Jain Global teams to drive competitive performance. We believe an inclusive environment can yield exceptional contributions.","description_format":"text","description_chars":2908,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"master","optional":false},"security_clearance":false,"languages":[]},"benefits":["Equity"],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Hedge Funds & Alternative Investments"],"lifecycle":[{"event":"open","at":"2026-10-19T22:21:13Z"}],"visa":[{"country":"US","licensed_sponsor":true,"evidence":"H-1B filings in 12 months: 11 · green card filings: 2","filings_12m":11,"filings_prev_12m":11,"green_card_filings_12m":2,"median_offered_wage_usd":194808,"route":null,"cap_exempt":false,"checked_at":"2026-10-15T11:24:14+00:00","sources":["US Department of Labor: LCA disclosure data (H-1B, H-1B1, E-3)","US Department of Labor: PERM disclosure data (green cards)"],"filings_for_role_12m":0}],"liveness":{"score":90,"band":"hot","label":"Hiring now","p_open":1,"p_active":0.903,"p_room":1,"age_days":3,"expected_fill_days":38,"reasons":["conf:28","velocity","win:early","comp:junior"],"computed_at":"2026-10-23T05:54:15Z"},"pay":{"stated_usd_annual":234000,"is_top_pay":true},"html_url":"https://alion.io/job/jain-global-quantitative-research-intern-equity-arbitrage","json_url":"https://alion.io/job/jain-global-quantitative-research-intern-equity-arbitrage.json","meta":{"generated_at":"2026-10-23T08:12:00Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":13081,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-24T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":707050},"rest":"https://alion.io/mcp/rest/get_company?id=707050"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fjain-global-quantitative-research-intern-equity-arbitrage"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fjain-global-quantitative-research-intern-equity-arbitrage"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fjain-global-quantitative-research-intern-equity-arbitrage"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/jain-global-quantitative-research-intern-equity-arbitrage\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fjain-global-quantitative-research-intern-equity-arbitrage"}]}