Quantitative Trading Intern (Summer 2024)

Full Time
11 months ago

At Ripple, we’re building a world where value moves like information does today. It’s big, it’s bold, and we’re already doing it. Through our crypto solutions for financial institutions, businesses, governments and developers, we are improving the global financial system and creating greater economic fairness and opportunity for more people, in more places around the world. And we get to do the best work of our career and grow our skills surrounded by colleagues who have our backs. 

If you’re ready to see your impact and unlock incredible career growth opportunities, join us, and build real world value.

THE WORK:

Ripple is looking for an intern to support the Trading & Markets team in all things related to Crypto and FX trading, liquidity and quantitative analysis. You will get a chance to see the inner workings of one of Crypto’s oldest firms and see a team of traders and quants apply institutional trading techniques to an emerging market. You will also get a chance to build on your understanding of macro forces and what that means for asset prices, market microstructure, advanced statistical analysis and get an opportunity to meet some of the brightest minds in Crypto within the firm as well as at conferences.

The ideal candidate will be hyper focused on detail, have an understanding of financial markets and have proficient data analysis skills. The ability to clearly present complex ideas, data and solutions is a highly valued skill within the Trading & Markets team. We prefer a candidate that is proficient with Python for data analysis or another major data analysis language as that marries well with our internal technology stack.

Among other aspects, the internship will be structured in a way that allows you to be relatively autonomous. A project will be discussed with the successful candidate but it will not be the sole focus of the entire 10-12 weeks. We encourage interns to immerse themselves in the Crypto landscape may it be through regional conferences, cross-functional team interaction and participation in company events. 

Interviews will test market knowledge of traditional concepts as well as crypto concepts, there may also be a data based case study. 

We expect interns to visit the office at least part of the week.  

WHAT YOU’LL DO:

  • Be a part of a team that has extensive traditional investment banking experience, be exposed to a rigorous work atmosphere. 
  • Be given a project working alongside a senior member of the team. 
  • Choose additional projects and be selective about what you work on.
  • Interact with various teams on the business side to understand what the problem we are trying to solve is.
  • Gain key insight into how trading, market-making and liquidity management works at scale.
  • Be a part of an extremely progressive tech firm in the crypto space and work with interesting people.

WHAT YOU'LL BRING:

  • Pursuing a degree in Computer Science/Mathematics/other relevant technical field. 
  • Advanced degree in Computer Science/Finance/Mathematics/other relevant technical field.
  • Advanced written and verbal communication skills.
  • Thrive on autonomy and responsibility
  • A passion for financial markets.
  • An interest in crypto markets.
  • 1-5 years of experience at an investment bank is a plus.

WHO WE ARE:

Do Your Best Work

  • The opportunity to build in a fast-paced start-up environment with experienced industry leaders
  • A learning environment where you can dive deep into the latest technologies and make an impact.  A professional development budget to support other modes of learning.
  • Thrive in an environment where no matter what race, ethnicity, gender, origin, or culture they identify with, every employee is a respected, valued, and empowered part of the team.
  • Ripple is Flexible First: in-office collaboration for moments that matter is important to our culture, and we give managers and teams the flexibility to decide which days they come in.
  • Weekly all-company meeting - business updates and ask me anything style discussion with our Leadership Team
  • We come together for moments that matter which include team offsites, team bonding activities, happy hours and more!

Take Control of Your Finances

  • Competitive salary, bonuses, and equity
  • Competitive benefits that cover physical and mental healthcare, retirement, family forming, and family support
  • Employee giving match
  • Mobile phone stipend

Take Care of Yourself

  • Twice a quarter R&R days so you can rest and recharge
  • Generous wellness reimbursement and weekly onsite & virtual programming
  • Generous vacation policy - work with your manager to take time off when you need it
  • Industry-leading parental leave policies. Family planning benefits.
  • Catered lunches, fully-stocked kitchens with premium snacks/beverages, and plenty of fun events

Benefits listed above are for full-time Ripple employees. For all Custody roles, please discuss benefits with your recruiter. 

Ripple is an Equal Opportunity Employer. We’re committed to building a diverse and inclusive team. We do not discriminate against qualified employees or applicants because of race, color, religion, gender identity, sex, sexual identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, military status, or any other characteristic protected by local law or ordinance.   Please find our UK/EU Applicant Privacy Notice and our California Applicant Privacy Notice for reference.