Overview
The Susquehanna Co-op Program gives you an opportunity to apply what you learn in class to real world business scenarios. As a 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.
A hallmark of Susquehanna's Co-op Program is the hands-on work experience you will receive. As a business co-op you may find yourself reconciling trades, compiling profit and loss reports, maintaining components of Susquehanna's intranet site, or researching potential new investments. Co-ops who perform well may be considered for full-time opportunities at Susquehanna, contingent upon graduation.
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 Finance- The borrowing and lending of equities
• Equity Options- The right to buy or sell an underlying security at a fixed price
• Index- Trades related to indices, which quantify the value of a particular set of securities
• Institutional Brokerage- The customer facing broker dealer arm of Susquehanna that trades on behalf of our institutional customers
• Technology Finance- Interact with the company's general ledger system and accounts payable department
• Audit - Identify current and future risks to our dynamic environment as well as establish the policies and controls to reduce and/or mitigate them
• ETFs- Collection of securities that track an index or other asset, which can be traded on an exchange like a regular stock
• Compliance- Ensure that the firm operates within regulatory requirements
• 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
• Experience with 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
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.
