{"id":2176575,"url":"https://alion.io/job/optiver-quantitative-research-intern-phd-summer-2027-2","title":"Quantitative Research Intern, PhD (Summer 2027)","company":{"id":54501,"name":"Optiver","domain":"optiver.com","url":"https://alion.io/company/optiver","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Greenhouse","truth_index":{"grade":"B","score":84,"open_postings":145,"ghost_share":0.262,"stale_share":0,"repost_share":0,"time_to_fill_p50_days":56,"computed_at":"2026-10-17T05:46:00Z"}},"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":["Chicago, United States","Austin, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":{"min":80000,"max":100000,"currency":"USD","period":"year","gross":null,"usd_annual":100000},"salary_estimate":null,"experience_years_min":null,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Machine Learning","optional":false},{"name":"Time Series Forecasting","optional":false}],"status":"live","first_seen_at":"2026-07-01T18:42:54Z","employer_posted_date":"2026-10-09","last_verified_at":"2026-10-19T02:24:07Z","board_verified":true,"closed_at":null,"days_open":109,"trust":{"level":"ok","repost_count":0,"flags":["company_stale"],"days_open":108},"description":"As a Quantitative Research Intern, you’ll work alongside researchers, engineers, and traders to tackle some of the most challenging quantitative problems in global financial markets. You’ll analyze large-scale datasets, develop predictive models and algorithms, and apply statistical and machine learning techniques to uncover patterns in market behavior. AI-driven research at Optiver is where competitive advantage is built, transforming ideas, models, and insights into trading strategies that operate in live markets. \nThis opportunity is also available in our Austin office.\nWhat You’ll Do: \nLed by our dedicated Education team, you’ll build a strong foundation in market structure and options theory. This internship follows an apprentice-style learning model where you’ll work alongside an experienced researcher and contribute to a project that’s aligned with current business needs. Throughout the internship, you’ll gain exposure to the AI tools and technologies that support research and development across the business, with the opportunity to contribute to several key areas: \nDevelop predictive models and machine learning systems to better understand market behavior and identify trading opportunities \nAnalyze large-scale market and order-flow data to uncover signals, evaluate hypotheses, and improve trading performance \nBuild and test statistical and stochastic models for pricing, forecasting, and risk management \nApply modern research techniques, including deep learning and AI-enabled workflows, to accelerate discovery and improve research efficiency \nWhat You’ll Get: \nYou’ll join a culture of collaboration, continuous improvement, and excellence, surrounded by curious thinkers and creative problem-solvers. Together, you’ll tackle some of the toughest challenges in the financial markets by leveraging cutting-edge machine learning research to develop innovative, real-world solutions. \nIn addition, you’ll receive: \nThe opportunity to work alongside best-in-class professionals from over 40 different countries \nThe opportunity to earn a return internship or full-time offer in Chicago, Austin, or New York City based on performance \nA highly-competitive internship compensation package \nOptiver-covered flights, living accommodations, and commuting stipends \nExtensive office perks, including breakfast, lunch, snacks, regular social events, clubs, sporting leagues, and more \nWhat To Expect: \nAs part of our assessment process, you may be invited to participate in a multi-day, on-site evaluative program. Through hands-on workshops, technical discussions, and direct exposure to our researchers and traders, you’ll gain insight into how research is applied at Optiver and how PhD students transition successfully into industry. Attendance and successful completion of this program may be required to receive an internship offer. \nWho You Are: \nCurrently enrolled in a PhD program in Statistics, Computer Science, Machine Learning, Mathematics, or a related STEM field with outstanding academic performance \nExpected graduation between December 2027 - June 2029 and available to intern during Summer 2027 \nOpen to full-time opportunities upon graduation in 2028 or 2029 \nSolid foundation in mathematics, probability, and statistics \nExcellent research, analytical, and modeling skills \nExperience applying machine learning methods to real-world research problems, such as time-series analysis, prediction, forecasting, pattern recognition, optimization, or decision-making \nProficiency in any programming language \nStrong interest in working in a fast-paced, collaborative environment \nFluent in English with strong written and verbal communication skills \nWho We Are: \nOptiver is a leading technology- and research-driven trading firm. Our teams of scientists, engineers, mathematicians, and traders work side by side to develop, test, and scale ideas that shape how we understand and trade global markets. Powered by a global platform built for rapid experimentation and iteration, we combine the scientific rigor of a research institution with the pace of a technology company. \nOur differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics. \nOptiver is supportive of US immigration sponsorship for this role. \n*Optiver has a global application re-apply policy for our intern and graduate roles. If you have completed an online assessment or interviewed for a quantitative graduate or internship role at any Optiver location in the past 8 months, please note that you are not yet eligible to reapply. We welcome you to re-apply to after the 8-month cool off period. \nBelow is the expected compensation for this position. This is a good-faith estimate of the base pay scale and sign-on bonus for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for the benefits listed above.\nBase Salary Range\n$80,000—$100,000 USD","description_format":"text","description_chars":5132,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"phd","optional":false},"security_clearance":false,"languages":[{"language":"English","level":"Advanced (C1)","optional":false}]},"benefits":[],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Hedge Funds & Alternative Investments"],"lifecycle":[{"event":"open","at":"2026-10-09T14:11:55Z"}],"visa":[{"country":"US","licensed_sponsor":true,"evidence":"H-1B filings in 12 months: 51 · green card filings: 6","filings_12m":51,"filings_prev_12m":39,"green_card_filings_12m":6,"median_offered_wage_usd":191974,"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":12,"band":"cold","label":"Long shot","p_open":1,"p_active":0.335,"p_room":0.36,"age_days":107,"expected_fill_days":56,"reasons":["conf:1","velocity","win:tail","crowd:junior,brand"],"computed_at":"2026-10-17T05:46:00Z"},"pay":{"stated_usd_annual":100000,"is_top_pay":true},"html_url":"https://alion.io/job/optiver-quantitative-research-intern-phd-summer-2027-2","json_url":"https://alion.io/job/optiver-quantitative-research-intern-phd-summer-2027-2.json","meta":{"generated_at":"2026-10-19T04:59:38Z","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":2922,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-20T00:00:00Z"}},"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":54501},"rest":"https://alion.io/mcp/rest/get_company?id=54501"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Foptiver-quantitative-research-intern-phd-summer-2027-2"},{"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%2Foptiver-quantitative-research-intern-phd-summer-2027-2"},{"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%2Foptiver-quantitative-research-intern-phd-summer-2027-2"},{"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/optiver-quantitative-research-intern-phd-summer-2027-2\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Foptiver-quantitative-research-intern-phd-summer-2027-2"}]}