2027 Quantitative Research Intern

• JOB OPENING #: 9823

POSITION TITLE: 2027 Quantitative Research Intern

DEPARTMENT: Equity Investment Management

• Federated Hermes Summer Internship Program gives students real hands-on experience, professional skill-building, and direct access to talented leaders across the firm. Youll gain valuable insight into the asset management industry, build your network, and take part in engaging events throughout the summer designed to foster collaboration, connect you with the firm and your fellow interns.

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 02110
• Hybrid work arrangement (4 days in office / 1 day remote)

The hourly rate for this position is $42.00 per hour.

• COMMENCEMENT DATE: 10/05/2026

The firm does not sponsor employment visas

Federated Hermes is committed to providing equal employment opportunities in all aspects of employment to qualified individuals without regard to the following criteria: race, color, national origin, religion, sex, pregnancy, sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any local, state or federal law applicable to Federated Hermes. As part of the firm's equal employment opportunity statement, Federated Hermes will also comply with applicable government contractor obligations, including ensuring veterans and qualified people with disabilities are considered for employment and promotional opportunities consistent with current federal, state and local laws and regulations. Federated Hermes will also make reasonable accommodations for the religious practices or beliefs of applicants and employees, as well as for mental health or physical disability needs.

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