Sydney
Opportunity expired
QUANTITATIVE RESEARCH INTERNSHIP, SUMMER 2024-25
Our Quantitative Team are a mixture of mathematicians, statisticians and technologists that find solutions to problems. We work closely with both traders and developers to create trading models and strategies scientifically by combining our quantitative expertise with an understanding of derivatives and financial markets. We are seeking interns to join the team to apply their quantitative skills to exciting problems. You don't need a background in finance or trading, instead, we look for maths and coding skills.
This internship will include a mixture of Akunacademy training sessions, project work, and mentoring opportunities. If this sounds interesting to you, apply now! We are looking for people who have innovative ideas, think analytically, and have an entrepreneurial mindset and want to make an immediate impact in our growing company and contribute to Akunaโs strategy portfolio.
What youโll do:
Leverage mathematical expertise from a variety of domains, including Probability & Statistics, Linear Algebra, Stochastic Calculus, Machine Learning, Optimization, and Control Theory to solve challenging problems in the trading domain
Use large data sets to train, test, and validate models, strategies and algorithms
Collaborate directly with traders and developers to take your ideas from concept to production
Develop a clear understanding of the mathematics of derivatives and financial markets,
Internship Dates: 10 weeks from November 2024- February 2025
What youโll bring:
Australian or NZ citizens or Australian Permanent residents only
University Degree graduating between August 2025 and January 2026
Bachelor, Honours, Master or PhDs in Statistics, Mathematics, Physics, Computer Science, Engineering, or related degrees
Distinction Average & proven strong academics
Awards, prizes, medals, competitions, & scholarships
Experience in research within an academic or professional environment
Achievements outside of studies through your hobbies & interests
An understanding of statistics and machine learning
Basic programming skills in Python or C++
Strong maths skills: able to apply concepts of probability, calculus and linear algebra
Strong verbal and written communication skills
Ability to run a project in a fast-paced, team environment
Financial experience or studies are NOT a requirement
What youโll get:
This is a paid internship with flights & accommodation for those relocating to Sydney
9-week structured learning program built upon our flagship Options 101 Course by our dedicated Trader Training Manager
An opportunity to secure a full-time role with Akuna once you graduate.
Buddy program to help you transition into Akuna, your role and your team, as well as build connections and support network
Flights & accommodation if you are relocating to Sydney for the opportunity.
Catch up with your colleagues over coffee made by our in-house barista & grab a bite to eat in our fully stocked kitchen
Weekly social events, team competitions & Akuna clubs
180-degree views of Darling Harbour in our collaborative, open-plan office space in Barangaroo
It is a mix of keeping old systems alive and trying to build new systems on infrastructure.
Working on the Vals/Quant team, my role involves both bridging the gap between our quant research work and our prop systems as well as building mechanisms to improve our research capability.
As a trader, I'm responsible for overseeing our automated trading systems. This includes making sure it's behaving the way we'd expect, working with Devs on bugs to fix, or testing new features to implement. I also conduct research on potential new opportunities, and build tools to help us capitalize on those opportunities. It's exciting to know that my actions daily have a clear and noticeable impact on the bottom line.
4.4
100 - 500 employees
Trading
Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions and automation.
There's a really diverse range of backgrounds, so there's always an opportunity to have interesting conversations. The work itself is challenging and fun.
The people. Everyone is highly motivated and super intelligent.
I've been given the freedom to work on projects I find particularly interesting. As Iโve improved, Iโve been given more responsibility and trust, and itโs rewarding to know that I contribute significantly to the company.
Working with some of the smartest and most driven people. Unique insight into an opaque industry. Very intellectual culture. Decent Work-Life-Balance for "high finance"
Collaborative environment, interesting work, flat work hierarchy, meritocracy, well compensated
Weird/late hours sometimes.
Steep learning curve, intense work and high expectations can be challenging.
Intense atmosphere sometimes causes stress
A bit of a steep learning curve because you need to learn so much so quickly