OpenQuant Newsletter - Edition #17
Quant Jobs & Internships, Upcoming Events, Puzzles and More!
Hello, fellow Quants!
Welcome to our weekly newsletter, where we share the latest jobs/internships, educational opportunities, and upcoming events in quantitative finance.
Here’s what we have on this week’s agenda:
Internships
Full-Time Jobs
Upcoming Events
Educational Resources
Quant Puzzle
Our Top Internships
✨ RBC Capital Markets - Global Markets Quantitative Summer Analyst 2024 | a global investment bank providing banking, finance, and capital markets services.
✨ Lincoln International - Summer 2024 Analyst Intern, Portfolio Valuations | a trusted global investment bank to business owners and executives worldwide.
✨ SMBC - Software Developer - Intern | a Japanese multinational banking and financial services institution.
Our Top Full-Time Positions
✨ BlackRock - Analyst, Securities Lending Trader | one of the world's preeminent asset management firms and a premier provider of investment management.
✨ GIC - Associate, Trader | a global, long-term investor established in 1981 to manage Singapore's foreign reserves.
✨ Vanguard - Data Scientist | an American registered investment advisor and asset management firm.
✨ iex - Quantitative Researcher | IEX Exchange is a U.S. stock exchange focused on driving performance for broker-dealers and investors through innovative technology
✨ MassMutual - Quantitative Developer | a company that offers life insurance, protection products, and retirement/investment services.
Upcoming Events
📆 6/21 - Fixed Income Leaders Summit | a conference featuring many leaders of Trading and Portfolio Management firms.
📆 6/24 - Jane Street Puzzle City in Chicago | a fun, weekend event hosted by Jane Street that combines problem-solving, teamwork, and puzzles.
Educational Resources
🚀 FinGPT: Open-Source Financial Large Language Models | a research paper on the rise of large language models in the financial sector.
🚀 Foundations of Reinforcement Learning with Applications in Finance | a free, online, Stanford course on reinforcement learning & quantitative finance.
🚀 Important Research Papers for Quants | An article detailing 7 foundational research papers that gave rise to advancements in quantitative finance.
Weekly Quant Puzzles
Question #1 - Mathematics
You are playing a 2D game where your character is trapped within a 6×6 grid. Your character starts at the top left corner of the grid marked (1, 1) and can only move right and down.
Part A: How many possible paths can your character take to get to the bottom right of the grid marked (6,6)?
Part B: Can you write an algorithm to solve this for an arbitrary N by M dimension grid?
Quote of the Week
“Pure mathematics is, in its way, the poetry of logical ideas.” - Albert Einstein