Hybrid Quantitative Analyst Intern

at Keyrock

• Job title: Quantitative Analyst Intern
• Job type: Full Time
• Experience level: Entry level
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Tech skills: Numpy, Pandas, Python, Rust, SQL
• Location requirements: Hybrid, London, United Kingdom

About the role

• Quantitative Analyst Intern supporting our Strategic Market Making team at Keyrock. Analyzing data and optimizing strategies for digital asset trading in a hybrid work environment.

Responsibilities

• Scalable Quant Infrastructure: Assist in the development of modular Python-based libraries (utilizing Pandas, NumPy, and Polars) to standardize performance metrics and unify global trading data.
• Strategy Forensics: Perform deep-dive statistical analysis on trade-level data to decompose PnL drivers, isolate alpha decay, and identify execution drag or "toxic flow."
• Perp DEX Optimization: Analyze the incentive structures and market-making programs of leading protocols (e.g., Hyperliquid/HIP-3, Paradex, Lighter). You will help optimize our participation to maximize protocol rewards and capital efficiency.
• Operational Intelligence: Build and maintain automated workflows that convert raw L1/L2 order book data into actionable insights for the Trading and Investment Committees.
• Market Monitoring: Proactively track market microstructure signals and portfolio exposures to highlight emerging risks and identify underutilized liquidity opportunities.

Requirements

• Recent or upcoming graduate from a top university in financial engineering, mathematics, physics, computer science, or a related quantitative field.
• Technical Proficiency: You have a solid foundation in Python (specifically for data science) and SQL. Exposure to Rust or a strong desire to learn it is highly valued.
• Mathematical Rigor: Strong academic background in a quantitative field (Math, Physics, CS, or Financial Engineering). You are comfortable with probability, statistics, and linear algebra applied to real-world trading.
• "Skin in the Game": You aren't just a theorist. You have a track record of running automated or semi-automated strategies—be it funding arbitrage, cash & carry, or delta-neutral market-making.
• Domain Expertise: You have a working knowledge of traditional equity market structure but are a "DeFi native" at heart, with an understanding of Perpetual DEX dynamics and on-chain mechanics.
• High-Stakes Agility: You thrive in fast-paced environments, can manage multiple workstreams, and have the "owner mindset" to see projects through to completion.
• Communication: Fluency in English is a must; the ability to explain complex technical concepts simply is even better.

Benefits

• Ability to work from our vibrant London or Brussels offices in a hybrid set-up.
• Company and team wide offsites.
• A global, collaborative and tech-driven environment.
• Autonomy & Impact - our flat structure means you can contribute your ideas from day one and help shape the foundation that will power Keyrock’s future business.
• Culture of Excellence - we value nimbleness, drive for success, owner mentality and collaboration.