Trading Operations Co-op with Drexel University

SIG Susquehanna; Pennsylvania; On-site; USD 28,000 - 34,000; Full time

Benefits offered by this job

Casual dress code

On-site Wellness Center

Fully stocked kitchens

Fitness facility

Social events

Professional development

Job summary

SIG Susquehanna is offering a Trade Operations co-op program designed to apply classroom knowledge to real-world trading and financial services. You’ll work both independently and in teams, rotating into preferred areas such as Convertible Bonds, Fixed Income, Equity Options, Institutional Brokerage, ETFs, and Stock Loans.

You’ll assist with blotting, settlement, and P&L calculations while gaining exposure to senior staff.

Qualifications

• Enrolled in a finance, business, or related program.
• Proficiency in Excel and strong numerical skills.
• Interest in trading, operations, or financial services.

Responsibilities

• Assist blotting, settlement, and P&L tasks.
• Support teams in data entry and reporting.
• Collaborate with senior staff on projects.
• Learn risk controls and compliance basics.

Skills

Communication skills

Detail oriented

Multitasking

Tools

Excel

Access

Python

VBA

SQL

Job description

Overview

The Susquehanna Co-op Program gives you an opportunity to apply what you learn in class to real world business scenarios. As a Trade Operations co-op, you will work both individually and as part of a team in one of our trading, operations, or financial services groups. Co-op students are placed in teams based on their preferences, major, background and skills, and Susquehanna's most critical business needs.

Susquehanna co-ops are given the opportunity to participate in projects that will contribute directly to the various businesses that they support. Co-ops are immersed into specific teams and interact with senior staff members on a daily basis. Co-ops will gain insight into Susquehanna's business and its approach to decision making.

Possible placements include:

• Convertible Bonds - Bonds that can be converted into a predetermined amount of stock
• Fixed Income - Products including bonds, futures, ETFs and OTC derivatives
• Equity Options - The right to buy or sell an underlying security at a fixed price
• Institutional Brokerage - The customer facing broker dealer arm of Susquehanna that trades on behalf of our institutional customers
• ETFs - Collection of securities that track an index or other asset, which can be traded on an exchange like a regular stock
• Stock Loan - Finance the firm's net equity positions through the process of borrowing and lending securities

Trade operations co-ops will have the opportunity to experience a dynamic trading environment. These co-ops are placed directly in front or mid office operations teams and are responsible for all aspects of trade blottering, settlement, and profit and loss calculations for the trading desks.

What we're looking for

• Proficiency in Microsoft Office suite, specifically Excel and Access
• Proficiency with Python, VBA and/or SQL a plus
• Strong communication skills (oral and written); ability to interact effectively with all levels of the organization and external vendors
• Detail oriented; ability to handle multiple tasks in a fast paced environment
• Must be a self-starter, a quick learner, and resourceful in solving problems
• Previous experience in the financial services industry or completion of finance- or investment-related coursework a plus
• Probability and Statistics background a plus
• Must be available to complete the full duration of co-op and training week

What's in it for you

• Our non-hierarchical culture allows employees of every level to thrive and make impact. We are not your typical trading firm - the environment is casual, collaborative and we focus on continuous development.
• Relaxed dress code (jeans and sneakers are the norm and team jerseys every Friday)
• Co-op classes designed to teach about Susquehanna's business and encourage professional development
• Fully stocked kitchens for breakfast, lunch, snacks, and beverages
• A forty thousand square-foot state of the art fitness facility with brand-new equipment, multi-purpose courts, group exercise classes, and locker room spaces
• Discounts for dining, entertainment, shopping, travel, and attractions
• Social events such as a poker tournament, holiday party, company outings, and more
• On-site Wellness Center
• On-site services such as a mailroom, barber, dry cleaning, and car maintenance
• Opportunities to give back to the community through Susquehanna sponsored events and donation drives