Trading Internship

Job Description

About Susquehanna (SIG)

Susquehanna, often referred to as SIG, is a trading firm that offers a distinctive approach to quantitative trading. It is characterized by a non-hierarchical culture where employees at all levels are encouraged to thrive and make an impact. Unlike typical trading firms, Susquehanna fosters a casual and collaborative environment with a strong focus on continuous development. The firm leverages game theory, decision science, and cutting-edge technology to inform its trading decisions.

The company provides a highly supportive and engaging environment for its employees and interns, including:
• Relaxed Dress Code: Jeans and sneakers are the norm, with shorts permitted all summer long.
• Amenities: Food, beverages, and snacks are available all day.
• Perks: Discounts are offered for dining, entertainment, shopping, travel, and attractions.
• Social Life: The firm organizes various social events, such as poker tournaments, dinners, sporting events, and other outings in New York City.

About the Trading Internship Job

This trading internship at Susquehanna offers a unique and intensive program designed to provide interns with a deep exposure to quantitative trading, helping them determine if it’s a career path they wish to pursue full-time.

Job Overview and Structure:
The internship is structured to combine practical experience with theoretical education:
• Dual Approach: Interns split their day between working on a trading desk and participating in a classroom setting.
• On the Trading Desk: Interns are fully embedded within a trading desk, working directly alongside an experienced trader who serves as a mentor. This provides hands-on learning and practical application of trading concepts.
• Classroom Education: Interns receive industry-leading training in options theory and decision science. This education is delivered by traders who are fully dedicated to trader development.
• Quantitative Focus: Students with a STEM background are encouraged to apply, as they will learn how to leverage their quantitative skills to understand Susquehanna’s application of game theory, decision science, and cutting-edge technology in making trading decisions.

What Susquehanna is Looking For:
The ideal candidate for this internship will possess:
• Academic Standing: Intention to graduate with a minimum of a bachelor’s degree and be available to begin full-time employment by August 2027.
• Core Skills: Exceptional quantitative, logical reasoning, and analytical skills are essential.
• Technical Proficiency: General computer skills are required, and computer programming skills are a significant plus.
• Interests: A demonstrated interest in strategic games and/or competitive activities is highly valued.
• Work Ethic: The ability to thrive in a fast-paced and competitive environment.
• Visa Sponsorship: Visa sponsorship is available for this position, making it accessible to international candidates.

Compensation and Benefits for Interns:
This highly competitive internship program includes attractive compensation and benefits:
• Base Salary: Interns receive a $5,500 weekly base salary for the duration of the ten-week program.
• Signing Bonus: A signing bonus is also provided.
• Housing: Housing is provided for the entire duration of the internship.
• Meals: Breakfast and lunch are provided.
• Additional Perks: Interns also benefit from other perks such as discounts for dining, entertainment, shopping, travel, and attractions, along with access to social events.