Susquehanna International Group
2021 Buy-side Internship - Sydney
Opportunity expired
Opportunity details
- Internship, Clerkship or Placement
- Competitive
- 5-10 vacancies
- Apply by 17 May 2021
"Do you enjoy watching how company-specific news and current events impact the financial markets? Like solving puzzles and working competitively with a team to win? SIG's Buy Side Research Internship is an opportunity learn how those passions can lead to a successful career.
SIGSydney is on the lookout for bright, friendly students who are interested in the world around them to join our Buy Side Research Internship starting in December 2021.
SIG is one of the world's largest market makers, with a unique approach to trading, technology, and research. While this background puts us at the top of our game, what really makes us successful is our quantitative approach to decision making and the collaboration between our employees.
Buy Side Research Internship
As an intern on SIG's Buy Side Research team, you will be partnered with our senior Buy Side Research analysts and traders to assist in identifying trading opportunities in the equity and options markets. You will learn to perform in-depth company analysis around future catalyst events and provide real-time opinions on breaking news throughout the trading day. You will gain experience in the financial markets by tracking company news and events, assisting with valuation work, or other event-driven projects.
Our internship program introduces you to our unique approach to research through a combination of work on a trading desk and classroom study in options theory basics. Buy Side Research interns are placed on a sector-focused team and work directly on the trading floor.
Always Learning
At SIG, we believe that there is always something to learn and that ideas can come from anywhere, whether you are one of the founders or fresh out of university. Our focus on education has given us the reputation of having best-in-class development in the industry. As a Buy Side Research intern, you will have a personalised learning program and will attend finance classes with our trading interns, over the course of 9 weeks from December 2021 through to mid-February 2022.
What we're looking for
Successful candidates typically have….
- Penultimate Year Student from an Australian or New Zealand University
- Bachelors or Master's Degree in Finance, Economics or related discipline
- On course to get minimum Distinction WAM average
- Strong written, analytical, and financial research skills
- Ability to prioritise and complete multiple tasks in a fast-paced, dynamic environment
- Excellent verbal and written communication skills, and resourceful in solving problems
- Demonstrated interest in strategic games and/or competitive activities
Our Edge
- Competitive salary
- Fully-stocked kitchen, including breakfast and daily catered lunch
- Casual dress code
- On-site gym for SIG employees with 24hr access
- Authentic social community (basketball team, gaming)
- 360 degree view of Sydney's Harbors (it really is Sydney's best office view)
- Sustainable & environmentally friendly office
Interview Process
Apply -> Quantitative Assessment -> Case Study -> Interview -> Job Offer
We hire on a rolling basis and will close when fill our hiring needs. Therefore we encourage early applications.
We don't post salary ranges externally so any salary estimate you see listed on a third-party website was not provided by SIG and may not be accurate.
SIG is not accepting unsolicited resumes from search firms. All resumes submitted by search firms to any employee at SIG via-email, the Internet or directly without a valid written search agreement will be deemed the sole property of SIG, and no fee will be paid in the event the candidate is hired by SIG."
Reviews
My responsibility is to help our traders gain an advantage in the markets in a few ways, such as recommending trades on breaking news, determining how information is disseminated, and providing valuation and analysis on situations in the markets. I try to understand what factors are driving price movements and ensure that our opinions are reflected in products that we trade.
Most of the time is intellectually stimulating with fun/interesting challenges on most days.
Day to day responsibilities include providing opinions on breaking news, preparing for events that we can trade on, and providing opinions to trades.
About the employer
Susquehanna International Group
4.6
1,000 - 50,000 employees
Trading
Susquehanna is a global quantitative trading firm where you will learn something new every day and solve problems that have never been solved before.
Pros and cons of working at Susquehanna International Group
Pros
I was given the opportunity to dive headfirst into the complex trading systems and start adding new functionality.
There is less micro-management compared to other companies, and there is a lot of room to grow and learn from more senior co-workers.
Everyday we're provided with breakfast snacks, multiple lunch options, and a cornucopia of pick-me-up treats.
Best training program any grad can receive ever. The effort and resources which go into you are unrivaled.
Compensation is very competitive, reviewed frequently, and portion is tied to the success of the business as a whole.
Cons
Working at Susquehanna can be very challenging and sometimes quite tiring.
Environment is more fast-paced and high-pressure which isn't for everyone.
The hours for researchers and traders are not very flexible as they are tied to market hours.
Pretty much no fluidity or choice in being able to move around desks
Generally, you take on more responsibility and coverage as you gain more experience at the firm. SIG doesn't have a structured title process like other financial firms (e.g. if you start as a trader or equity analyst, your role stays the same)