The TeamAHL's Fast Trading Strategies (FTS) team is responsible for the development of high Sharpe, high frequency trading strategies across all asset classes. The team has been running for over a decade, and currently manages a large and successful portfolio across both global futures and cash markets. The FTS team is responsible for the full end to end development of the fast alpha portfolio, using several techniques to capture fast alphas, ML, event driven, microstructure based etc, building its own customised monetisation stack, and optimising trading and order placement with dedicated high frequency infrastructure. This posting is specifically for candidates interested in joining the New York office, which houses Man AHL's newest business unit focused on high frequency alpha research, trading, and infrastructure.
Who Should Apply?The team is currently hiring both undergraduate and graduate (Masters and PhD) students with strong academic achievement in highly technical degree programs who are interested in either a summer internship (expected to be between 10 - 12 weeks) or full-time role (further information on the available roles can be found below). Candidates are encouraged to submit only one application using their university email address via the below link, which requires a resume that includes all completed and in-progress post-secondary education GPAs. School transcripts may be optionally provided immediately or later in the process. Kindly note that our summer internships are open to penultimate year students and full-time roles are open to final year students (expecting to graduate and be available to commence work within one year of applying).
Role DetailsThe FTS team's definitions of Machine Learning Engineering (MLE) and Quantitative Research (QR) are in line with industry standards, but due to the collaborative nature of the team and smaller personnel footprint in New York, the line delineating the roles may blur from time to time.
- The MLE role is ideal for individuals who are passionate about software that is focused on machine learning applications such as MLOps and research workflows. Because MLEs are also expected to use their own software, the ideal candidate not only has experience coding in a variety of languages (especially Python) but also has knowledge of ML algorithms and research processes.
- The QR role is ideal for individuals who are passionate about using high frequency tick data and machine learning algorithms to predict asset returns and converting those models into profitable trading strategies. QRs will work closely with MLOps in deploying models and therefore are required to be strong programmers in a variety of languages (especially Python). Previous ML or statistical research internship experience in finance, technology, or academia is strongly preferred.
About Man AHLMan AHL is one of the world's longest running diversified systematic investment managers, trading in over 800 markets globally and offering a range of absolute return and long-only quantitative strategies that invest across traditional and alternative markets.With over three decades of quantitative investment experience, Man AHL is committed to constant innovation and evolution of research. It applies advanced technology and scientific rigour to every stage of the investment process, from data curation and cleaning through to signal generation, risk management and execution. It views risk management and trading and execution as central to alpha generation, and its strategies are designed to understand risk, take appropriate exposures and, where necessary, dynamically adjust exposure.Man AHL brings together scientists, academics, technologists and finance practitioners who are driven by curiosity, intellectual honesty and a passion for solving the complex problems presented by financial markets. It works closely with the Oxford-Man Institute of Quantitative Finance (OMI), Man Group's unique collaboration with the University of Oxford, and leverages insights from its field-leading academic research into machine learning and data analytics.Founded in 1987, Man AHL's assets under management were $63.8 billion at 31 March 2024. Further information can be found at www.man.com/ahl.
Working hereAHL fosters a performance driven, meritocratic culture with a small company, no-attitude feel. It is flat structured, open, transparent, and collaborative, offering ample opportunity to grow and have enormous impact on what we do. We are actively engaged with the broader research and academic community, as well as renowned industry contributors. We're fortunate enough to have a modern high-rise office in central Midtown conveniently located near Central Park, and continually strive to make our environment a great place in which to work.
- We have annual away days and research off-sites for the whole team.
- We open-source some of our technology. See
- We regularly talk at leading industry conferences, and tweet about relevant technology and how we're using it. See @manquanttech and @ManGroup.
- Our Oxford lab is collocated with the Oxford-Man Institute of Quantitative Finance ( and the Machine Learning Research Group in Engineering Science, University of Oxford (
We offer competitive compensation, a generous holiday allowance, as well as various health and other flexible benefits. We are also committed to continuous learning and development via coaching, mentoring, regular conference attendance and sponsoring academic and professional qualifications. Base Salary Range: The anticipated based salary range for the full-time position is $175,000 - $200,000 + benefits + a discretionary bonus. This is the base salary range that the Company believes it will pay for this position at the time of this posting based on the location and requirements of the position as well as the skills, qualifications, and experience of the applicant. The Firm reserves the right to modify this pay range at any time. Base Salary Range: The anticipated based salary range for the internship position is $55 - $65/hour. This is the base salary range that the Company believes it will pay for this position at the time of this posting based on the location and requirements of the position as well as the skills, qualifications, and experience of the applicant. The Firm reserves the right to modify this pay range at any time.
Equal Employment Opportunity Policy Man provides equal employment opportunities to all applicants for employment and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws.
Our Culture, Values and Benefits at ManMan Group is proud to provide the best working environment possible for all of its employees, and we are committed to equal opportunities. At Man Group we believe that a diverse workforce is a critical factor in the success of our business and this is embedded in our culture and values. There are a number of external and internal initiatives, partnerships and programmes that help us to attract and develop talent from diverse backgrounds and that encourage inclusion and diversity across our firm and the industry. Man Group is a Signatory of the Women in Finance Charter and the Race at Work Charter. Man Group is also a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact ...@man.com. Man Group supports many charities, and global initiatives. We support professional training and development, and requests for flexible or part-time working. Employees are also offered two 'Mankind' days of paid leave per year as part of the Man Charitable Trust's community volunteering programme.We offer comprehensive, firm-wide employee benefits including competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Additional benefits are tailored to local markets and may include private medical coverage, discounted gym membership and wellbeing programmes.Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact ...@man.com.