Quantitative Research Internship – Master’s: Summer 2027

Trading Interview; New York (NY); On-site; USD 348,000 - 434,000; Full time

Benefits offered by this job

Signing bonus

Housing

Breakfast and lunch

Other perks

Job summary

Susquehanna International Group (SIG) invites you to join the Quantitative Research Intern program, where you’ll model work of full-time staff and undergo a robust education program with top mentors. You will have the chance to build alphas on an actual trading strategy and collaborate across multiple teams.

You will be exposed to modelling, execution, backtesting, and evaluation, with hands-on support and opportunities in Philadelphia and New York offices.

Qualifications

• Masters in quantitative fields such as Mathematics, Physics, Statistics, Economics, or related areas.
• Analytical problem-solvers with strong logical reasoning and data-driven decision making.
• Clear communicators in a fast-paced, collaborative environment.
• Programming experience in Python; C++ or other low-level language is a plus.
• Strategic thinkers with interest in competitive activities, self-motivated and quick to learn.

Responsibilities

• Model market behavior using probability, statistics, and ML to generate alphas.
• Develop strategies and backtest ideas on historical data.
• Execute modelling ideas in simulated environments and refine approaches.
• Explore diverse areas of quant work across Susquehanna’s business units.
• Participate in a comprehensive education program with mentorship from experts.
• Collaborate with multiple teams and gain exposure to different groups.

Skills

Python

C++

Data analysis

Communication

Problem solving

Team collaboration

Education

Masters in quantitative fields

Tools

Python

C++

Pandas

NumPy

Linux

Job description

As a Quantitative Research Intern at Susquehanna, you will work on projects that model the work of our full-time employees. You will also go through a comprehensive education program and interact with mentors who are at the top of their field, allowing you to build foundational knowledge in quantitative finance. You will have the opportunity to build alphas on an actual trading strategy.

What you can expect

• Modelling. Apply probability theory, statistical analysis, and machine learning techniques to predict market behavior and generate alphas
• Execution. Create strategies to execute on modelling ideas under simulated competition
• Evaluation. Backtest ideas using historical market data and revise strategies
• Breadth. Explore all aspects of quant work and different areas of Susquehanna’s business
• Education. Participate in a comprehensive education program and receive personalized mentorship from experienced professionals to accelerate your growth
• Collaboration. Work in an open environment that allows you to collaborate with multiple teams and get exposure to different groups and parts of the business

Susquehannacombines all of the above to provide the best quant internship program in the industry.Join us to see why so many previous quant interns decide to return for a full-time career.

Overview

As a Quantitative Research Intern atSusquehanna, you will work on projects that model the work of our full-time employees. You will also go through a comprehensive education program and interact with mentors who are at the top of their field, allowing you to build foundational knowledge in quantitative finance. You will have the opportunity to build alphas on an actual trading strategy.

What you can expect

• Modelling. Apply probability theory, statistical analysis, and machine learning techniques to predict market behavior and generate alphas
• Execution. Create strategies to execute on modelling ideas under simulated competition
• Evaluation. Backtest ideas using historical market data and revise strategies
• Breadth. Explore all aspects of quant work and different areas of Susquehanna’s business
• Education. Participate in a comprehensive education program and receive personalized mentorship from experienced professionals to accelerate your growth
• Collaboration. Work in an open environment that allows you to collaborate with multiple teams and get exposure to different groups and parts of the business

Susquehannacombines all of the above to provide the best quant internship program in the industry.Join us to see why so many previous quant interns decide to return for a full-time career.

What we\'re looking for

• Masters (in penultimate or final year) in quantitative fields such as Mathematics, Physics, Statistics, Electrical Engineering, Computer Science, Operations Research, or Economics
• Analytical problem-solvers with excellent logical reasoning and a passion for turning data into decisions
• Clear communicators in a fast-paced and highly collaborative environment
• Programmerscomfortable processing and analyzing large data sets in Python; experience with C++ (or another low-level language) is a plus
• Strategic thinkers with demonstrated interests in strategic games and/or competitive activities
• Self-motivated and quick to learn, thriving in dynamic, fast-moving environment

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.

Opportunities as a quantitative research intern will be available in our Philadelphia and New York offices.

Master’s Quantitative Research interns at Susquehanna will receive a $8600 weekly base salary during the ten-week program. In addition, interns will receive a signing bonus, housing, breakfast and lunch, and other perks.

About Susquehanna

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.

If you\'re a recruiting agency and want to partner with us, please reach out to [e-mail] . Any resume or referral submitted in the absence of a signed agreement will not be eligible for an agency fee.

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This description was published by Susquehanna International Group (SIG). Applications are handled on their careers site: we are not the employer and cannot process them.