Risk Quant Research Intern (Summer 2026)

Position: Risk Quant Research Intern (Summer 2026)

Location: New York, NY

Company Overview:

Walleye Capital is an $11 billion+ multi-strategy investment firm headquartered in New York City, with over 350 employees across five main offices. Founded in 2005 as an options market maker, we have organically grown into a global investment firm specializing in Fundamental Equities, Quant, and Volatility strategies. 

At Walleye, we continuously innovate by focusing on three core principles: approach, platform, and people. Our approach is to allocate risk capital where we believe there is not only a compelling opportunity, but also a clear ability to define our tangible edge. We seek to leverage the mathematical benefits of diversification while utilizing sophisticated infrastructure, technology, and our balance sheet to do so in a structurally advantageous way. Our platform, developed over two decades, is central to our operations, evolving alongside business complexities and technological advancements to support our team’s success. Our people are our greatest asset, and we’ve cultivated an environment that attracts top talent by balancing autonomy with collaboration, and intelligence with integrity.

Position Overview:

Walleye Capital is seeking Risk Quant Research Interns for Summer 2026. As an intern, you’ll contribute to quantitative research projects that support the firm’s risk management initiatives. You’ll work with experienced professionals, gaining exposure to real-time risk assessment and the broader risk management function. Through this collaboration, you’ll develop an understanding of the firm’s risk framework and gain hands-on experience in a fast-paced, data-driven investment environment. This internship is ideal for students with a strong analytical mindset, a passion for financial markets, and an interest in applying quantitative techniques to solve complex problems.

The internship is 10 weeks in length and will take place in New York City from June to August 2026.

Responsibilities:

• Conduct quantitative research to support and improve Walleye’s custom, in-house factor risk model.
• Perform targeted data analysis to support fund management in understanding risk exposures, performance attribution, and scenario sensitivities.
• Assist in the maintenance and enhancement of the risk infrastructure, including automated reports, dashboards, and data pipelines.
• Participate actively in daily risk team meetings, preparing relevant materials when assigned and learning to interpret daily risk movements.

We seek individuals who:

• Are pursuing an undergraduate or non-MBA master’s degree in computer science, financial math, engineering, or a related STEM field, with an expected graduation date between December 2026 and June 2027.
• Demonstrate quantitative and analytical skills, with a strong foundation in programming and problem-solving capabilities.
• Are self-motivated, adaptable, and detail-oriented, with the ability to manage multiple priorities in a fast-paced environment.
• Thrive in a collaborative culture that values intellectual humility, creativity, and continuous learning.

Pay Range:

The expected monthly pay for this position is $12,000/month. Interns will also receive a $10,000 housing stipend and transportation to and from New York City. 

The deadline to apply for this opportunity is Thursday, July 31 at 11:59pm ET. For questions about the process, please review our Campus FAQs.

Walleye is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.

If you require a reasonable accommodation to participate in any part of our hiring process, please contact HR@walleyecapital.com.   

Personal data you provide will be processed in accordance with Walleye Capital LLC’s Privacy Notice available at: https://www.walleyecapital.com/.