Quantitative Research Intern

Job Description

Job Title: Quantitative Research Intern

Company: Susquehanna (SIG)

Overview:

As a Quantitative Research Intern at Susquehanna, you will be integral to projects that mirror the work of our full-time quantitative researchers. This program is designed to immerse you in a comprehensive education program, providing foundational knowledge in quantitative finance. You will benefit from interacting with top-tier mentors who are leaders in their field, and critically, you will gain the unique opportunity to build alphas on an actual trading strategy.

What You Can Expect & Key Responsibilities:

• Applying Advanced Quantitative Techniques: Utilize probability theory, statistical analysis, and machine learning techniques to predict market behavior and generate novel alphas.
• Strategy Execution: Develop and implement strategies to execute your modelling ideas, operating within a simulated competitive environment.
• Rigorous Evaluation & Iteration: Backtest your ideas using extensive historical market data and continuously refine strategies based on performance analysis.
• Broad Exposure: Explore diverse aspects of quantitative work across various areas of Susquehanna’s business.
• Structured Education & Mentorship: Participate in a comprehensive educational program complemented by personalized mentorship from experienced professionals, designed to accelerate your growth in quantitative finance.
• Collaborative Environment: Work in an open, team-oriented setting that fosters collaboration across multiple teams and provides exposure to different groups and business functions.

Susquehanna combines all of the above to provide what we believe is the best quant internship program in the industry. Join us to discover why so many previous quant interns choose to return for a full-time career.

What We’re Looking For:

• Educational Background: PhDs (in penultimate or final year) in highly quantitative fields such as Mathematics, Physics, Statistics, Electrical Engineering, Computer Science, Operations Research, or Economics.
• Analytical Prowess: Proven analytical problem-solvers with excellent logical reasoning skills and a passion for transforming data into actionable decisions.
• Communication Skills: Clear and effective communicators capable of thriving in a fast-paced and highly collaborative environment.
• Technical Skills: Proficient programmers comfortable processing and analyzing large datasets in Python; experience with C++ (or another low-level language) is a significant plus.
• Strategic Acumen: Strategic thinkers with demonstrated interests in strategic games and/or competitive activities.
• Personal Attributes: Self-motivated, quick to learn, and capable of thriving in dynamic, fast-moving environments.

Important Application Note: By applying to this role, you will be automatically considered for the Quantitative Systematic Trading Internship program. There is no need to apply to both positions to be considered for both.

About Susquehanna (SIG):

Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Our culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in our systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, we excel in solving complex problems and pushing boundaries together.

Note for Recruiting Agencies:

If you’re a recruiting agency and wish to partner with us, please reach out to recruiting@sig.com. Any resume or referral submitted in the absence of a signed agreement will not be eligible for an agency fee.