Susquehanna International Group
2023 Graduate Research Analyst (Jan 2023)
Sydney
Opportunity expired
Opportunity details
- Graduate Job or Program
- AUD 100000 / Year
- Competitive
- 3 vacancies
- Apply by 31 Aug 2022
- Start date 29 Jan 2023
SIG is looking for final-year students who are interested in why financial markets move the way they do to join our 2023 Buy Side Research Graduate Program.
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 makes us successful is our quantitative approach to decision-making and the collaboration between our employees.
SIG Buy Side Research Graduate Program
Our Buy-side Research Analysts work directly with our traders to identify trading opportunities in the equity and options markets. From providing real-time opinions on breaking news to in-depth analysis of future catalyst events, our Buy Side Research Analysts have a constant impact on our trading strategies.
As a Buy Side Research Analyst, you will be responsible for finding opportunities that other market participants may not be capitalizing on, either by discovering new information or considering existing knowledge from a different perspective. You will be embedded in a sector-focused trading desk and work collaboratively with traders who rely heavily on the analysis you provide to make trading decisions. Grads can expect:
- Option theory and option modelling lessons in the classroom.
- Decision making - using game theory, decision science, poker, and other strategy games. It’s true what you’ve heard!
- Real impact - SIG Grads work closely with our experienced traders and researchers on real-world projects that directly impact our trading business.
What we're looking for
- Problem Solvers: You enjoy solving puzzles and love it when you discover a solution to a difficult problem, with a demonstrated interest in strategic games and/or competitive activities.
- Analytical + Logical: When it comes to decision-making, you use clear and sound reasoning. You’re rational and like to use analytical data and financial research skills to come up with sensible solutions.
- Communicators: You enjoy building relationships with those you work closely with. You enjoy sharing ideas, expressing your thoughts, and listening to the views of others – excellent verbal and written communication skills are a must for this role!
- Curious: You’re excited by a career in the financial markets and the reasons why markets move in the way they do.
- Soon-to-be or Recent Graduate: Confirmed plan to graduate by December 2022 with a degree in Finance, Economics or related discipline, distinction average WAM, from an Australian or New Zealand University.
Interview Process
Apply > Quantitative Assessment > Recruiter Interview > Case Study > Interview > Job Offer
We recruit on a rolling basis and may close early if we hit our hiring numbers. SIG encourages early applications.
Hiring criteria
- No experience required
- Australian Work Visa (All Other) +more
- Business & Management +more
- Bachelor or higher
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)