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Ameriprise Financial Services, LLC

Investments Internship - Quantitative Research

Reposted 2 Days Ago
Be an Early Applicant
In-Office
Boston, MA
31-31 Hourly
Internship
In-Office
Boston, MA
31-31 Hourly
Internship
The intern will engage in quantitative research, analyzing data, applying machine learning techniques, and collaborating with portfolio managers on investment strategies.
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Please note that applications will be assessed on a rolling basis. Due to anticipated interest, the role may close earlier than the stated deadline. We recommend submitting your application promptly. The advertised closing date is 20 February 2026.

Our 10-week summer intern program provides real-life experience in a collaborative and inclusive environment. Over the course of your internship, you will gain exposure to leaders, cultivate your business knowledge, work on projects that directly impact the business you support, and network in a welcoming atmosphere. Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance offers employees the opportunity to grow and develop personally and professionally in a flexible work environment designed to support individual needs.

As you spend the summer with us, learning and growing, you’ll also spend time getting to know your fellow interns during team building exercises. With access to our Business Resource Networks – which includes the Black Employee Network, Young Professionals Network, PRIDE Network – you will increase your own sense of belonging and engage in important networking and development opportunities. Embark as an intern with us this summer and lay the foundation for your future.

About the Role:

In this role, you will work with researchers and portfolio managers in systematic equity strategies and use rigorous analysis, creativity, and technical skills to generate insights. By combining theory, practice and technology, you will contribute to our alpha signal discovery, analytics development, and strategy implementation. This position is an excellent opportunity to gain experience and insight into the field of quantitative equity investing as well as exposure to all aspects of the investment process.

Responsibilities:

  • Work independently on impactful research and development projects.

  • Pre-process large data sets for signal processing and model estimation, including validation, cleaning, normalization, dimension reduction and visualization.

  • Apply innovative techniques such as machine learning and generative artificial intelligence to uncover differentiated investment signals and enrich our stock selection models.

  • Contribute to the team’s development of advanced investment analytics.

  • Work with portfolio managers to analyze market dynamics and their impact on factor behavior and portfolio performance.

Required Qualifications

  • Pursuing a bachelor’s degree in finance, Quantitative, Economics, Computer Science, Statistics, Applied Mathematics, Business, or related field

  • Graduation date of December 2026 or May/June 2027

  • Passionate about the investment management industry and dedication to being a part of a successful team.

Preferred Qualifications

  • Proficient programming skills in R, Python, SQL, or similar

  • High degree of self-motivation with strong integrity and ethics

  • Attention to detail

  • Excellent communication, interpersonal, and presentation skills

  • Ability to multi-task, problem solve independently and think creatively

  • Proven organization skills and ability to manage time effectively

The company does not offer corporate undergraduate internships for students with F-1 visas.


About Our Company
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Base Pay Salary

The hourly rate for this role is $31 per hour. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurance.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Non-Exempt

Job Family Group

Human Capital

Line of Business  

AMINV US Asset Management

Top Skills

Generative Artificial Intelligence
Machine Learning
Python
R
SQL

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