Quantitative Strategy Development Summer Internship Program
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Job Description
About Company
Susquehanna (SIG) is portrayed as a firm with a distinctive and employee-centric culture, deviating from the typical trading firm environment. It boasts a non-hierarchical structure that encourages employees at all levels to thrive and make a significant impact. The workplace is described as casual and collaborative, with a strong emphasis on continuous development.
Susquehanna offers an impressive array of benefits and amenities designed to enhance employee well-being and convenience:
• Accommodation: Housing is provided for the entire duration of the internship program.
• Work Environment: A relaxed dress code is the norm, allowing for jeans, sneakers, and even shorts during the summer months.
• Food & Beverages: Fully stocked kitchens offer complimentary breakfast, lunch, snacks, and a variety of beverages.
• Fitness & Wellness: A 40,000 square-foot, state-of-the-art fitness facility is available, complete with brand-new equipment, multi-purpose courts, group exercise classes, and comprehensive locker room spaces. An on-site Wellness Center further supports health and well-being.
• Discounts & Social Events: Employees can access various discounts for dining, entertainment, shopping, travel, and attractions. The firm also organizes engaging social events, including poker tournaments, dinners, and sporting events in Philadelphia.
• On-site Services: For added convenience, Susquehanna provides on-site services such as a mailroom, barber, dry cleaning, and car maintenance.
• Community Engagement: Opportunities are provided for employees to give back to the community through Susquehanna-sponsored events and donation drives.
Job Description: Quantitative Strategy Development Summer Internship Program
This is a 10-week summer internship program specifically designed for highly motivated full-time students. The role is computationally intensive, requiring interns to leverage strong technical skills to address complex problems at the convergence of trading, quantitative analysis, and technology.
The program structure is a unique blend of structured education and practical, hands-on experience:
• Deep Dive Education: Interns will receive comprehensive education about how financial markets operate, including a detailed exploration of Susquehanna’s unique approach to trading, delivered in a classroom setting. This ensures a strong theoretical foundation.
• Challenging Projects: Participants will work on demanding projects for Susquehanna’s trading strategy development teams. Key areas of focus include:
• Signal creation and detection: Developing methods to identify trading opportunities.
• Quantitative strategy analysis: Evaluating and refining existing or new quantitative trading strategies.
• Low latency C++ strategy development: Building high-performance trading strategies using advanced C++ programming.
• Desk-Side Experience: A significant portion of the internship involves working directly on the trading desk, side by side with senior developers. This provides invaluable exposure to the practical nuances of building and implementing complex trading strategies in a live environment.
The program aims to provide the best possible preparation for a successful career in quantitative strategy development by combining rigorous theoretical learning with direct practical application.
Recruitment for this role is scheduled to begin in August.
What Susquehanna is Looking For:
Candidates should meet the following qualifications:
• Education: Currently enrolled in a bachelor’s or master’s program with a major 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 be available to begin full-time employment by August 2027.
• Technical Proficiency: Demonstrated strong software development skills in both Python and a compiled language (e.g., C++).
• Analytical Acumen: Possess exceptional quantitative, logical reasoning, and analytical skills.
