Algovant

Build your career here.

Join a team of exceptional professionals who are passionate about quantitative finance, cutting-edge technology, and making a meaningful impact in structured finance markets.

Why Algovant?

Collaborative Culture

Work alongside brilliant minds in a collaborative environment that values diverse perspectives and encourages innovation.

Continuous Learning

Access to cutting-edge research, conferences, and training programs to keep you at the forefront of quantitative finance.

Meaningful Impact

Your work directly contributes to advancing the field of quantitative finance and creating value for institutional investors.

Summer 2025 Internships

Quantitative Research Internship

New Jersey
Summer 2025 | On-Site

Analyze loan-level mortgage data and borrower behavior trends. Assist in developing and validating prepayment, delinquency, and credit risk models. Build backtesting pipelines using Python for structured finance applications.

Requirements: Pursuing degree in Applied Mathematics, Statistics, Finance, or related quantitative field (graduating 2026 or later). Hands-on experience with Python and analytical libraries (NumPy, Pandas). Understanding of basic statistical modeling and regression concepts.

Business Analyst Internship

New Jersey
Summer 2025 | On-Site, Remote

Work with product and engineering teams to define business requirements. Analyze client workflows and document system use cases. Help design data reports, KPIs, and product feedback loops.

Requirements: Pursuing degree in Business Analytics, Economics, Finance, or related field. Strong written communication and organizational skills. Comfortable working with data in Excel, SQL, or dashboarding tools.

MBS Structuring & Modeling Internship

New Jersey
Summer 2025 | Remote

Assist in building and maintaining cash flow models for MBS portfolios. Conduct scenario-based simulations and interest rate stress tests. Work with Excel, Python, and/or VBA to automate structuring workflows.

Requirements: Studying Finance, Financial Engineering, or Economics. Strong Excel modeling skills and familiarity with structured cash flow logic. Basic coding knowledge (Python or VBA). Understanding of MBS or fixed-income instruments.

AI Research Internship

New Jersey
Summer 2025 | Remote

Explore the use of NLP and generative AI to enhance internal data analysis tools. Analyze financial and economic datasets for predictive modeling. Assist in building prototypes of LLM-based research or automation agents.

Requirements: Studying Computer Science, Statistics, Data Science, or related field. Experience with Python and ML/NLP libraries (scikit-learn, HuggingFace, LangChain). Familiarity with large language models and modern ML workflows.

Data Engineering Internship

New Jersey
Summer 2025 | On-Site, Remote

Build and maintain ETL pipelines that ingest structured finance and loan-level data. Work with APIs and streaming tools to support real-time synchronization. Contribute to data validation and transformation logic using SQL and Python.

Requirements: Pursuing degree in Computer Science, Data Engineering, or related technical field. Experience with Python and SQL. Familiarity with modern data stack tools (dbt, Airflow, Snowflake, or similar).

Full-Stack Engineer Internship

New Jersey
Summer 2025 | On-Site, Remote

Contribute to the development of web-based tools for structured finance workflows. Implement backend services in Python or Node.js. Build and style responsive user interfaces using React or similar frameworks.

Requirements: Pursuing degree in Computer Science, Software Engineering, or related field. Experience with JavaScript frameworks (React, Vue) and backend development. Knowledge of relational databases (PostgreSQL).

UI/UX Design Internship

New Jersey
Summer 2025 | Remote

Create wireframes and high-fidelity mockups for analytics dashboards and platform tools. Participate in user interviews and internal feedback loops. Contribute to the development and documentation of our design system.

Requirements: Pursuing degree in UI/UX Design, Human-Computer Interaction, or Visual Design. Comfortable using design tools like Figma, Sketch, or Adobe XD. Portfolio demonstrating thoughtful layout, accessibility, and interface consistency.

Benefits & Perquisites

Compensation

  • Competitive base salary
  • Performance-based bonuses
  • Equity participation
  • Annual salary reviews

Health & Wellness

  • Comprehensive health insurance
  • Dental and vision coverage
  • Mental health support
  • Fitness membership

Time Off

  • Unlimited PTO policy
  • Sabbatical opportunities
  • Parental leave
  • Holiday schedule

Professional Development

  • Conference attendance
  • Training programs
  • Research publications
  • Continuing education

Work Environment

  • Flexible work arrangements
  • State-of-the-art technology
  • Collaborative workspace
  • Catered meals

Financial Benefits

  • 401(k) with matching
  • Life insurance
  • Disability coverage
  • Commuter benefits

Students & New Graduates

We offer comprehensive programs for students and recent graduates looking to launch their careers in quantitative finance.

Summer Internship Program

10-week program for undergraduate and graduate students. Work on real projects alongside our research and technology teams.

Graduate Training Program

18-month rotational program for new graduates. Gain exposure to all aspects of our business while developing specialized expertise.

Application Timeline

Summer InternshipsApplications due: February 1
Graduate ProgramApplications due: October 15
Campus RecruitingSeptember - November
Final InterviewsNovember - December

Ready to join our team?

Take the next step in your career and help us shape the future of quantitative finance.