Susquehanna International Group
Equity Analyst Internship (Nov 2024)
Sydney
Opportunity expired
Opportunity details
- Internship, Clerkship or Placement
- AUD 130000 / Year
- Salary pro rata + superannuation and housing
- 2-4 vacancies
- Apply by 30 Oct 2024
- Start date 24 Nov 2024
SIG is looking for penultimate year students who are interested in why financial markets move the way they do to join our 2024 Equity Analyst Internship 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 Equity Analyst Internship Program
Working from our Sydney office, you will partner with our senior Equity Analysts and traders to assist in identifying trading opportunities in the options and equity markets. You will learn to perform in-depth company analysis around future catalyst events and provide real-time opinions on breaking news throughout the trading day. You will also gain experience in the financial markets by tracking company news and events, assisting with valuation work, or other event-driven projects.
Your Internship experience includes:
- Option theory and option modelling lessons in the classroom.
- Decision making - using game theory, decision science, poker, and other strategy games. It’s true what you’ve heard!
- Real impact - SIG interns work closely with our traders and researchers on a real-world project that directly impacts our trading business.
What we're looking for
- Curious: You’re excited by a career in the financial markets and the reasons why markets move in the way they do.
- Analytical + Logical: When it comes to decision making, you use clear and sound reasoning. You’re rational and like to use analytical data and financial research skills to come up with sensible solutions.
- Effective Communicators: You enjoy building relationships with those you work closely with. You enjoy sharing ideas, expressing your thoughts, and listening to the views of others – excellent verbal and written communication skills are a must for this role!
- Problem Solvers: You enjoy solving puzzles and love it when you discover a solution to a difficult problem, with a demonstrated interest in strategic games and/or competitive activities.
- Penultimate Year Student: Confirmed plan to graduate by December 2025 with a degree in any discipline (most typically Finance and Economics), Distinction average WAM, from an Australian or New Zealand University.
Read about Tom’s ‘Day in the life’ as an Equity Research Analyst.
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
- Fully stocked kitchen - daily breakfast and lunch
- Regular social, sporting and community events
Our Interview Process
- Application
- Online Assessment (Finance knowledge and quantitative skills)
- Phone Interview (Recruiter)
- Case Study (Simulated task based on daily duties)
- Office Interview (Analyst and Trader)
- 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.
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.
Hiring criteria
- No experience required
- New Zealand Citizen +more
- Business & Management +more
- Bachelor 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)