Quantitative Strategy Development Summer Internship
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Job Description
About Susquehanna
Susquehanna is a trading firm that values a non-hierarchical culture, allowing employees at all levels to thrive and make an impact. It fosters a casual and collaborative environment with a strong focus on continuous development. The company is committed to employee well-being, offering a wide array of amenities and perks. These include a relaxed dress code (jeans, sneakers, shorts), fully stocked kitchens for meals and snacks, a 40,000 square-foot state-of-the-art fitness facility with modern equipment and classes, and discounts on dining, entertainment, shopping, and travel. Susquehanna also organizes various social events (poker tournaments, dinners, sporting events), provides an on-site Wellness Center, and offers convenient on-site services like a mailroom, barber, dry cleaning, and car maintenance. Additionally, the firm encourages community involvement through sponsored events and donation drives.
Job Description: Quantitative Strategy Development Summer Internship
Susquehanna is offering a 10-week quantitative strategy development summer internship program designed for highly motivated full-time students. This is a computationally intensive role that sits at the intersection of trading, quantitative analysis, and technology.
Program Structure and Responsibilities:
The internship is structured to provide a comprehensive learning experience, splitting time between desk-side work and classroom-based education.
• Education: Interns will receive in-depth education on how financial markets work and Susquehanna’s specific approach to trading through a deep dive into financial markets. This classroom setting provides foundational knowledge.
• Project Work: Interns will engage in challenging projects for the trading strategy development teams. These projects include:
• Signal creation and detection.
• Quantitative strategy analysis.
• Low latency C++ strategy development.
• Mentorship: Interns will have the opportunity to work on the desk side by side with senior developers, gaining practical insights into building complex trading strategies and understanding their nuances.
The program aims to provide the best possible preparation for a career in quantitative strategy development, combining theoretical learning with practical, hands-on experience in a fast-paced trading environment.
Candidate Requirements:
Susquehanna is looking for candidates who meet the following criteria:
• Academic Enrollment: Currently enrolled in a bachelor’s or master’s program in computer science, computer engineering, mathematics, or a closely related STEM discipline.
• Graduation Timeline: Intention to graduate with a minimum of a bachelor’s degree and begin full-time employment by August 2027.
• Technical Skills: Possess strong software development skills in both Python and a compiled language (e.g., C++, Java).
• Analytical Aptitude: Demonstrate exceptional quantitative, logical reasoning, and analytical skills.
Recruitment Timeline:
The recruiting process for this internship role will begin in August.
Additional Benefits for Interns:
• Housing provided for the entire duration of the internship.
• Access to all standard company benefits listed in the “About Susquehanna” section, including a relaxed dress code, stocked kitchens, fitness facility, social events, and on-site services.
