Susquehanna International Group
SIG Graduate Quantitative Trader 2021
Opportunity expired
Opportunity details
- Graduate Job or Program
- 7 vacancies
- Apply by 31 May 2020
Do you enjoy solving puzzles or playing strategy games? SIG's Graduate Quantitative Trader Program is an opportunity to transfer that passion into a successful career.
Graduate Quantitative Trader Program
The global Quantitative Trader Program at SIG Trading offers you the chance to learn from and collaborate with some of the world's best traders, technologists & quants.
Grads start in our Sydney office, spending time on a trading desk with experienced traders. Gaining exposure both on the job and in a classroom setting, you will learn how traders think about making decisions under uncertainty.
You will have the opportunity to spend 9-12 months in one of our US offices where you will continue with more in-depth classroom education, mock trading, and working with a trading desk.
Always Learning
At SIG Trading 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 on Wall Street as having best-in-class development.
The application of game theory and decision science is at the core of what we do and, like great gamers, we are big on strategy and managing risk. Our education includes classes on poker and other games that require strategic thinking, pattern recognition, and quick response time. Many of our traders have studied game theory for years as accomplished, world-class gamers – another opportunity to learn from the best!
What we're looking for
Qualifications
- Students in their final year of study in a STEM or Actuarial Studies degree
- Distinction or High Distinction WAM
- Exceptional quantitative, logical reasoning, and analytical skills
- Demonstrated interest in strategic games and/or competitive activities
- Ability to thrive in a fast-paced environment
- General computer skills required; computer programming skills a plus
About SIG
Haven't heard of us? SIG is a global quantitative trading firm founded with a growth mindset and rigorous analytical approach to decision making. Globally our team is made up of 2200 + people, committing our own capital and 'built-in-house' technology to trade on exchanges across the world. By building virtually all of our own trading technology from scratch, we are able to stream billions of quotes per day. Our traders, quants, and technologists work side-by-side to implement our proprietary trading strategies, making us leaders in the financial markets. Only by tapping into our diverse perspectives and our commitment to education, can we truly reach our potential. This ability to think together (but not always alike) has propelled our success.
Sig Benefits & Perks
- Competitive Salary
- 360 degree views of Sydney's Harbors
- Sustainable & environmentally friendly office
- World renown education program
- Opportunities to work overseas
- Breakfast & Lunch provided daily
- Casual dress code
We hire on a rolling basis for this program, therefore interested candidates are strongly encouraged to apply early
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)