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Susquehanna International Group

4.6
  • 1,000 - 50,000 employees

2022 Graduate Trader Program - Sydney

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

Location

Sydney

Opportunity expired

Opportunity details

  • Opportunity typeGraduate Job or Program
  • Additional benefitsCompetitive
  • Number of vacancies5-10 vacancies
  • Application open dateApply by 31 Aug 2021

SIG Sydney is on the lookout for bright, friendly students who are interested in the world around them, to join our Graduate Quantitative Trader program starting in January 2022.

 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 Global Quantitative Trader Program

We teach our Graduate Quantitative Traders to be autonomous decision-makers through our trader training program. Over the course of 12-18 months, you will develop the skills to be able to trade across our different trading teams throughout our global offices. You will learn:

Option theory and option modelling in the classroom

  • Decision making using game theory, decision science, poker and other strategy games. It's true what you've heard!
  • Mock Trading where you have the opportunity to practice what you have learnt.
  • Practical application of your classroom lessons on the trading desk.
  • Our Sydney Grads spend up to 6 months on one of our Options or ETF desks, before going on secondment to our US headquarters in Philadelphia*. Here you will continue your education, and start trading on the US options markets.

What we're looking for

Successful candidates typically have… 

  • Confirmed plan to graduate by December 2021 or recent graduation
  • STEM or other quantitative degrees 
  • Minimum Distinction WAM
  • Exceptional mathematical and logical reasoning with analytical skills
  • Demonstrated interest in strategic games and/or competitive activities
  • Ability to thrive in a fast-paced environment as part of a team
  • Well-developed communication skills
  • Coding skills (not essential as long as you have a willingness to learn)
  • Studying at an Australian or New Zealand University

Our Edge

  • Competitive salary
  • Fully-stocked kitchen, including breakfast and daily catered lunch
  • Casual dress code
  • On-site gym for SIG employees with 24hr access
  • 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 -> Recruiter Interview ->  Trader Interviews -> Final On-site Interview -> Job Offer   

We hire on a rolling basis and will close applications early when if we meet our hiring needs. Therefore we encourage early applications. 

While we have made many adjustments in response to COVID-19, SIG is still defined by our commitment to collaboration, education, and community. We have every hope and intention to continue sending our trading interns to the US for training, we recognise that it is impossible to guarantee this part of the program during the pandemic. We will only resume international travel when it is safe for our employees to do so. In the event international travel is not possible, our trading interns will receive the same high-quality education that is typical of SIG's Global Quantitative Trading Internship in Sydney rather than the US.

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.

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
Minimum grade
Minimum grade
75 WAM or Percentage
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Study fields
    Business & Management
  • Degree typesBachelor or higher
  • Minimum grade
    75 WAM or Percentage
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)