2026 Quantitative Equity Intern

Position Title: 2026 Quantitative Equity Investment Management Intern (Boston)  

Department: Equity Investment Management

Purpose of the Internship:

At Federated Hermes MDT, we build proprietary software and systems to power our quantitative investment strategies. By combining deep market expertise with cutting-edge technology, we aim to deliver exceptional investment results. 

As an intern on the investment team, you would work with experienced quantitative researchers and portfolio managers to tackle open-ended challenges in alpha factor research, model development, machine learning, risk management, and portfolio optimization. 

Major Duties:

• Design and conduct empirical research to test hypotheses about financial markets.
• Analyze large-scale datasets using statistical and machine learning techniques.
• Develop models to forecast asset prices and evaluate investment signals.
• Collaborate with researchers and engineers to refine and implement research ideas.
• Present findings to senior researchers and receive feedback in a rigorous environment.

Hours/Location:  

• 8:30 a.m. - 5:00 p.m. (Overtime as required) 
• Federated Global Investment Management Corporation – Boston, MA 02116 
• Hybrid work arrangement (in office / remote)   

Explanatory Comments: 

• Excellent analytical and problem-solving skills, attention to detail, accuracy and timeliness
• Above average oral and written communication skills

Position Specifications:

• Pursuing a degree in Computer Science, Applied Mathematics, Physics, Economics, Statistics, or related quantitative field.
• Coursework or experience with at least one programming language such as Python, C, or C++. 
• No prior finance experience required.

Only those candidates in whom we have an interest will be contacted.

EOE / D / V