Internship: Quantitative Research & Analytics (Summer 2026) at Wilshire Advisors LLC

Santa Monica, California, United States -

Full Time

Start Date

Immediate

Expiry Date

11 Mar, 26

Salary

30.0

Posted On

11 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Data Analysis, Model Implementation, Statistical Tools, Excel, Python, R, SQL, Risk Management, Portfolio Analytics, Quantitative Research, Data Science, Data Management, Visualization, Communication Skills, Team Collaboration, Detail-Oriented

Industry

Financial Services

Description

Company Description As part of the Wilshire family, you can rest assured that every day you are contributing to an organization that is helping investors improve their financial outcomes. For more than 50 years, Wilshire has been dedicated to providing customized portfolio solutions grounded in research and powered by next generation technologies. Wilshire advises on over $1 trillion in assets for some of the world’s largest and most sophisticated institutional investors and is headquartered in the United States with offices worldwide. Job Description Wilshire is seeking a highly motivated Quantitative Research & Analytics Intern to join our Risk Management team for Summer 2026. This role offers hands-on experience supporting the research, development, and maintenance of risk analytics and investment systems, with exposure to real-world applications in portfolio construction, asset allocation, and risk management. Interns will work under the guidance of senior team members and collaborate with investment professionals across the firm. The application deadline is January 23, 2026. What You’ll Do: Assist with the design, development, and testing of portfolio construction and risk analytics systems by supporting data analysis and model implementation. Support quantitative research on asset allocation, stock selection, and investment strategy evaluation, contributing to ongoing projects and initiatives. Aid in analyzing and processing large and complex data sets using statistical tools, Excel, Python, or other relevant technologies. Help in updating and maintaining systems and processes for monitoring risk data and generating risk management reports. Participate in routine and ad hoc reporting activities, including the compilation, review, and communication of results. Support the team in risk management processes across various alternative investment strategies. Contribute to project-based work on quantitative models and data infrastructure alongside experienced researchers. Assist with documentation and analysis required for internal and external presentations. Qualifications Working toward a Master of Financial Engineering or a related quantitative field (graduation between 12/2026 and 6/2027). Prior coursework or experience in one or more programming languages (such as Python, R, SQL) and strong proficiency in Excel; VBA experience is a plus. Solid academic background with a demonstrated interest in finance, quantitative analysis, and investments. Desire to develop practical skills in risk management, portfolio analytics, quantitative research, and data science. Experience working with data management, visualization, or research projects preferred. Highly motivated, analytical, detail-oriented, and able to collaborate effectively on team-based projects. Excellent verbal and written communication skills. Willingness to learn and take on new challenges in a fast-paced, dynamic environment. Additional Information This position will work on a hybrid model out of our Santa Monica office We offer a comprehensive benefits package including a collaborative work environment, generous PTO, 401(k) match, affordable & comprehensive medical/dental/vision insurance, CFA and other professional membership reimbursement, and more. The pay range for this position is $25-$30/hour. However, base pay will be determined on an individual basis considering various factors, including location, qualifications, skills, and experience. The total compensation package includes eligibility for an annual discretionary bonus and a full range of health and financial benefit offerings, which will be provided in conjunction with an offer of employment. Visit www.wilshire.com for additional company information. Wilshire is an SEC registered investment adviser and required to track certain political contributions under Rule 206(4)-5. As such, you may be required to disclose your prior political contributions. We are an equal opportunity employer, which means we afford equal employment opportunity to all individuals regardless of race/ethnicity, creed, color, religion, sex (including gender and gender identity), national origin, ancestry, age, marital status, veteran status, citizenship status, disability, medical condition (as defined by California Government Code section 12926), or sexual orientation. Our employees, as well as applicants and others with whom we do business, will not be subjected to sexual, racial, religious, ethnic, or any other form of unlawful harassment. In addition, Wilshire adheres to the equal employment opportunity requirements of all states and localities in which it does business. We are completely committed to these principles not only because of the various laws which address these subjects, but because it is the right thing to do for our employees and clients to thrive. If you have a disability, and require reasonable accommodations in the application process, contact Human Resources at [email protected] or 310-584-6011. #LI-Hybrid

Responsibilities

Interns will assist with the design, development, and testing of portfolio construction and risk analytics systems, supporting data analysis and model implementation. They will also participate in quantitative research on asset allocation and investment strategy evaluation.