Susquehanna International Group
2024 Trading Internship (Nov 2024)
Sydney
Opportunity expired
Opportunity details
- Internship, Clerkship or Placement
- AUD 200000 / Year
- Health care and gym allowance, additional leave
- 10-14 vacancies
- Apply by 30 Jun 2024
- Start date 24 Nov 2024
SIG Quantitative Trading Internship Program
SIG’s Quantitative Trading Internship offers a unique opportunity to learn about quantitative trading. Working from our Sydney office, our interns will experience how our traders use decision science, game theory, and technology to make trading decisions. Our education program combines both classroom and on the ‘trading desk’ training, which provides interns with a deep exposure to trading, so they can decide if it is what they want to pursue as a career.
Your internship experience includes:
- Option theory and option modelling lessons in the classroom
- Decision making - using game theory, decision science, poker, and other strategy games
- Mock Trading - to practice what you have learnt
- Real impact - SIG interns work closely with our traders on a real-world project that directly impacts our trading business.
What we're looking for
- Numerate + Logical: When it comes to decision making, you use clear and sound reasoning. You’re rational and like to use numbers and data to come up with sensible solutions.
- Problem Solvers: You enjoy solving puzzles and love it when you discover a solution to a difficult problem.
- Communicators: You enjoy building relationships with those you work closely with, and you enjoy sharing ideas, expressing your thoughts, and listening to the views of others.
- Curious: You’re excited by a career in trading. You don’t need to have studied finance (we’ll teach you what you need to know).
- Penultimate Year Student: Confirmed plan to graduate by December 2025 with a degree in any discipline (most typically STEM), Distinction average WAM, from an Australian or New Zealand University
What’s in it for you:
- Our market leading education program incorporates classroom theory and simulated learning.
- Our non-hierarchical culture allows employees of every level to thrive and make an impact. We are not your typical trading firm – the environment is casual, collaborative and we focus on continuous development.
- Highly competitive remuneration, attractive bonus, and additional leave entitlements
- Fully stocked kitchen - daily breakfast and lunch
- Regular social, sporting and community events
- Explore our benefits and culture at https://sig.com/about/beyond-work-benefits/
Our Interview Process
- Application
- Online Assessment (Quantitative and problem-solving skills)
- Phone Interviews (Behavioural and technical)
- Office Interview (Trader interview, desk rotation, office tour)
- Job Offer
Equal Opportunity statement
We encourage applications from candidates from all backgrounds, and we welcome requests for reasonable adjustments during the recruitment process to ensure that you can best demonstrate your abilities.
About SIG
SIG is a global quantitative trading firm founded by a group of friends who share a passion for game theory and probabilistic thinking. We have incorporated this approach into our culture, where you will find relentless problem solvers within each of our core disciplines: Trading, Technology, and Quantitative Research. From offices around the world, our employees collaborate to make optimal decisions and are driven by the desire to achieve winning results together.
SIG does not post salary information, so any salary information you find online may not be accurate because it was not provided or verified by SIG.
SIG does not accept unsolicited resumes from recruiters or search firms. Any resume or referral submitted in the absence of a signed agreement will become the property of SIG and no fee will be paid.
Hiring criteria
- No experience required
- Australian Citizen +more
- Engineering & Mathematics
- 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)