Quantitative Analyst - SFG

SIG Susquehanna; New York (NY); On-site; USD 100,000 - 200,000; Full time

Job summary

SIG Susquehanna is seeking a Quantitative Analyst to enhance their Institutional Trading business. The ideal candidate will support trading strategies through quantitative research and model development while collaborating with internal teams to deliver actionable insights. Applicants should possess strong analytical skills and a deep understanding of the derivatives markets, particularly options.

Qualifications

• 3–6 years of experience in quantitative role within trading or research environment.
• Solid understanding of derivatives markets.
• Experience with backtesting frameworks.

Responsibilities

• Conduct quantitative research to inform trading strategies.
• Develop models and tools for market analysis.
• Collaborate with sales and trading teams to provide insights.

Skills

Quantitative Analysis

Options Pricing

Volatility Modeling

Statistical Analysis

Excel

Bloomberg Terminal

Education

Bachelor’s or Master’s degree in a quantitative field

Tools

Python

R

MATLAB

Job description

Overview

We are seeking a highly analytical and collaborative Quantitative Analyst to support our Institutional Trading business. This role is ideal for a technically skilled individual with a strong understanding of derivatives markets, particularly options, and a passion for delivering actionable insights to internal stakeholders and clients.

What we are looking for:

Excel & Bloomberg Expertise:

• Enhance and maintain sophisticated Excel models that leverage Bloomberg data for real-time analysis.
• Develop innovative tools and dashboards to facilitate idea generation and improve client engagement.

Quantitative Research & Analysis:

• Drive the creation of Derivatives Strategy and Market Intelligence reports through meticulous quantitative research.
• Conduct comprehensive statistical and scenario-based analyses to support trading strategies and market insights.

Options Market Expertise:

• Examine volatility surfaces, skew, term structures, and other critical options metrics to inform trading decisions.
• Stay abreast of market trends and provide interpretations of options flows and positioning.

Strategy Development & Backtesting:

• Formulate and backtest options-based strategies using historical data to assess performance and risk.
• Analyze the feasibility and implementation of strategies to ensure optimal outcomes.

Collaborative Efforts:

• Partner with sales, trading, and strategy teams to address ad hoc requests and deliver timely, actionable insights.
• Adapt to changing priorities and contribute effectively across various projects and workstreams.

Effective Communication:

• Simplify complex quantitative findings into clear, actionable insights for diverse audiences.
• Prepare and present client-ready materials, and actively participate in client meetings.

Proactive Contribution:

• Monitor internal research and market developments to identify opportunities for quantitative input.
• Take initiative to support the broader team’s objectives and contribute beyond assigned tasks.

What we're looking for

Qualifications:

• Bachelor’s or Master’s degree in a quantitative field (e.g., Mathematics, Financial Engineering, Statistics, Physics, Computer Science).
• 3–6 years of experience in a quantitative role within a trading, strategy, or research environment.
• Solid understanding of options pricing, volatility modeling, and derivatives markets.
• Experience with backtesting frameworks and statistical analysis (Python, R, or MATLAB preferred).
• Strong proficiency in Excel (including VBA) and Bloomberg Terminal functions.
• Excellent communication skills and a client-oriented mindset.

What you can expect from us:

Real Impact: You’ll be designing and reviewing systems and processes that are essential to the expanding scope and long-term goals for Susquehanna’s business..

Collaboration: Our quantitative researchers, traders and technologists work together to create competitive edge through best-in-class modeling and technical solutions.

Growth: Continuous growth and learning, with a focus on innovation and adaptability in a dynamic trading environment and regulatory landscape.

Benefits: & software engineer experience at Susquehanna International Group from technologists like you.

About Susquehanna

Susquehanna is a global quantitative trading firm founded by a group of friends who share a passion for game theory and probabilistic thinking. We have incorporated this approach into our culture, where you will find relentless problem solvers within each of our core disciplines: Trading, Technology, and Quantitative Research. From offices around the world, our employees collaborate to make optimal decisions and are driven by the desire to achieve winning results together.

What we do

We are experts in trading essentially all listed financial products and asset classes, with a focus on derivatives trading. Through market making and market taking, we handle millions of trading transactions around the world every day, providing liquidity and ensuring competitive prices for buyers and sellers. While our presence in the market is broad, our trading desks are highly specialized, allowing for a deep understanding of unique drivers of each asset class.

The annual base pay range for this role is $100,000-$200,000 + discretionary bonus + benefits. Susquehanna considers factors such as scope and responsibilities of the position, work experience, education/training, key skills, as well as market and organizational considerations when extending an offer.

Susquehanna 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 Susquehanna and no fee will be paid.

#LI-WD1