Updating Results

Susquehanna International Group

4.6
  • 1,000 - 50,000 employees

Graduate Trader Program (Feb 2025)

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

Location

Sydney

Opportunity expired

Opportunity details

  • Opportunity typeGraduate Job or Program
  • SalaryAUD 250000 / Year
  • Additional benefitsPackage exclusive of superannuation. Health care + gym allowance, plus additional leave
  • Number of vacancies1-8 vacancies
  • Application open dateApply by 31 May 2024
  • Start dateStart date 16 Feb 2025

SIG is looking for soon-to-be and recent graduates who are interested in using decision science to solve problems in the world around them to join our 2025 Graduate Quantitative Trader 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 really makes us successful is our quantitative approach to decision making and the collaboration between our employees. 

SIG Graduate Quantitative Trader Program

As a Quantitative Trader, you will learn the quantitative and game-theoretical approach that SIG uses to make decisions in the financial markets. You will work closely with experienced quantitative traders, who share a passion for mathematics, problem solving, and technology, both on the trading desk and in the classroom. You will learn about decision science, game theory, and capital markets in the classroom and in mock trading sessions to reinforce what you are learning on the desk. You will also play poker and other strategy games to further develop your decision-making skills.

SIG’s Quantitative Trader program is designed to help you develop into an autonomous decision maker, capable of creating profitable trading strategies, assessing risk, and appropriately allocating firm capital. At the end of the program, you’ll be invited to attend a 10-week training class in our Philadelphia office, where you’ll learn directly from one of our founding partners, as well as senior traders who have decades of experience in the industry.

Read about Joseph’s ‘Day in the life’ as a Trader.

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).
  • Soon-to-be or Recent Grad: Confirmed plan to graduate by December 2024 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

  1. Application
  2. Online Assessment (Quantitative and problem-solving skills)
  3. Phone Interviews (Behavioural and technical)
  4. Office Interview (Trader interview, desk rotation, office tour)
  5. 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. If you have any questions, please contact sydneycampus@sig.com.

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.

Work rights

The opportunity is available to applicants in any of the following categories.

Work light flag
Australia
Australian CitizenAustralian Permanent ResidentInternational Student/Graduate VisaAustralian Work Visa (All Other)
Work light flag
New Zealand
New Zealand CitizenNew Zealand Permanent ResidentNew Zealand Student VisaNew Zealand Temporary Work Visa

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Qualification level
Qualification level
Bachelor or higher
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Working rights
    Australian Citizen
  • Study fields
    IT & Computer Science
  • Degree typesBachelor or higher
Show all hiring criteria

Reviews

user
Graduate
Sydney
5 months ago

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.

user
Graduate
Sydney
5 months ago

Most of the time is intellectually stimulating with fun/interesting challenges on most days.

user
Graduate
Sydney
5 months ago

Day to day responsibilities include providing opinions on breaking news, preparing for events that we can trade on, and providing opinions to trades.

Show all reviews

About the employer

.

Susquehanna International Group

Rating

4.6

Number of employees

1,000 - 50,000 employees

Industries

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)