Susquehanna International Group
2022 Quantitative Research Intern (Dec 2022)
Sydney
Opportunity expired
Opportunity details
- Internship, Clerkship or Placement
- AUD 85,000 - 120,000 / Year
- Competitive
- 2 vacancies
- Apply by 14 Oct 2022
- Start date 3 Dec 2022 - 17 Dec 2022
Are you passionate about research and solving the unsolvable?
Interested in how you can have a research career in the industry?
SIG is on the lookout for passionate PhD researchers who are interested in the world around them to join our PhD Quantitative Research Internship starting in December 2022.
SIG is one of the world’s largest quantitative trading firms, with a unique approach to market making, 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.
SIG’s PhD Quantitative Research Internship
Our Quantitative Research Internship combines customized research projects with world-class mentorship from our quant team – doctorate researchers dedicated to data-driven development and improvement of our trading models. Your project will leverage tools in mathematics and statistics to transform market anomalies into trading opportunities. You will also participate in an educational program that offers insight into the world of finance.
What we're looking for
- PhD students who expect to graduate by December 2023
- Research experience in quantitative fields such as Mathematics, Physics, Statistics, Electrical Engineering, or Computer Science
- Exceptional mathematical problem-solving skills
- Strong programming skills, with emphasis on using computers to perform tasks reliably and efficiently.
- Ability to thrive in a fast-paced environment as part of a team
- Well-developed communication skills
- Finance experience is a plus, but not required
Our Edge
- Academically rigorous research with real-world application
- Competitive salary
- Fully-stocked kitchen, including breakfast and daily catered lunch
- Casual dress code
- 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 -> Maths Assessment -> Phone Interviews -> Data Exercise -> Final On-site Interview -> Offer
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.
Start on December 2022.
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.
Hiring criteria
- No experience required
- Australian Work Visa (All Other) +more
- Engineering & Mathematics +more
- Doctorate (PhD) 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)