Quantitative Systematic Trading Internship - PhD: Summer 2027

Susquehanna International Group; New York (NY); On-site; USD 348,257 - 434,343; Full time

Benefits offered by this job

Signing bonus

Housing

Breakfast and lunch

Job summary

Susquehanna International Group is seeking a Quantitative Systematic Trading Intern for their New York office. This role involves applying probability theory and machine learning techniques to predict market behavior and generate trading alphas. You will participate in a unique education program and collaborate with various teams.

Ideal candidates are PhD students in quantitative fields, experiencing problem-solving and programming large data sets in Python. With a $8,600 weekly base salary and additional perks, this internship provides a pathway to full-time opportunities.

Qualifications

• PhD candidates in quantitative fields.
• Strong analytical and problem-solving skills.
• Experience with large data sets in Python.

Responsibilities

• Apply probability theory and statistical analysis to model market behavior.
• Create strategies for executing modeling ideas in competition.
• Backtest and revise strategies using historical market data.
• Collaborate across teams within the firm.

Skills

Analytical problem-solving

Logical reasoning

Python

C++

Statistical analysis

Machine learning

Education

PhD in Mathematics, Physics, Statistics, Electrical Engineering, Computer Science, Operations Research, or Economics

Tools

Data processing tools

Job description

Overview

As a Quantitative Systematic Trading 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 personalised 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.

Susquehanna combines 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

• PhDs (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.
• Programmers comfortable 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 a dynamic, fast‑moving environment.

By applying to this role, you will be automatically considered for the Quantitative Research Internship program. There is no need to apply to both positions to be considered for both.

Opportunities

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

PhD quantitative systematic trading interns will receive a $8,600 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.