Susquehanna International Group
Graduate Quantitative Strategist (Dec 2024)
Sydney
Opportunity expired
Opportunity details
- Graduate Job or Program
- AUD 100000 / Year
- Competitive
- 1-2 vacancies
- Apply by 31 May 2024
- Start date 4 Dec 2024
Overview
As a Quantitative Strategist, you will play a hybrid role between systematic trading and quantitative research, solving real-world problems and making a direct impact to our business. The successful candidate will be data-driven and detail-oriented, with a strong foundation in statistics and computer science. Quant Strategists are seated at the heart of our trading floor, constantly collaborating with others and continually exploring the dynamic intricacies within the game of trading.
In the role you will:
- Monitor the performance of automated trading strategies
- Sit side-by-side with traders and other strategists to brainstorm new ideas and iterate upon existing projects
- Write code to analyse market data across multiple exchanges
- Design blueprints for new trading algorithms
- Work alongside technologists to put plans into production
- Contribute to the development of new software systems for trading and analytics
- Apply tools in probability, statistics, stochastic processes, numerical analysis and optimisation
- Maintain and extend existing quantitative pricing models
What we’re looking for:
- Master’s or *PhD degree in a quantitative field such as Mathematics, Physics, Statistics, Electrical Engineering, Computer Science, Operations Research, or Economics
- Strong quantitative, logical reasoning, and analytical skills
- Exceptional communication skills in a fast-paced environment
- Excellent programming skills; experience with Python and/or C++ is an advantage
- A collaborative mindset with a relentless desire for improvement
- Demonstrated interest in strategic games and/or competitive activities
- An interest in financial markets is a large plus. Trading experience is not required!
Pre-register
Pre-register here so you'll get notified once the opportunity is open!
Hiring criteria
- No experience required
- Australian Citizen +more
- Business & Management +more
- Bachelor (Honours) 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)