Meet an Assistant Trader Intern with SIGPosted: October 14, 2016
Caitríona Lonergan is a third year Actuarial and Financial Studies student in UCD who spent her summer participating in the 10-week Assistant Trader Internship with Susquehanna International Group (SIG). We caught up with Caitríona to find out what working in SIG is really like.
How did you find out about SIG?
SIG sponsors the Actuarial Society in UCD, which I am a member of, so I knew the name but I initially didn’t know much about SIG’s business. I then attended a SIG careers talk on campus that explained the company a bit more and outlined the different career options available to me.
What makes SIG different than other organisations?
I think the main difference between SIG and other companies is the focus placed on education. We spent a lot of time in the classroom at the beginning of our internship, learning about trading from the ground up. There was no assumed level of knowledge about trading, which was good as we didn’t exactly study it in college! I also love how much emphasis is placed on applying poker strategies to trading; when I first started, I hadn’t played poker very much but now I can play quite well, and have learned a whole new way of thinking!
What do you like best about working in SIG?
I really enjoy the atmosphere and the sense of community in SIG. We are always working together and sharing ideas; it really helps to have such a varied mix of intelligent colleagues around you to bounce ideas off of. I like that there is always something to do. I’m never bored and I enjoy the work, which makes the day seem shorter. I also love the variety of people who are working at SIG; people travel from all over Europe to work here, so it’s clear that SIG is highly regarded across a number of countries.
There is a lot of talk about teamwork and collaboration at SIG. Where do you see this demonstrated in your current role?
Our projects have been carried out in pairs, so I have been working closely with another one of the interns for the whole summer. I have also met with traders and the head of the index arbitrage desk, all of whom have helped with any questions I have had. The atmosphere is very supportive; whenever anyone has a problem, there can be up to four people willing to help out!
What inspired you to choose this career path?
Trading is a more exciting, dynamic career path than some of the alternatives in the financial area. The work I am doing is challenging, but I enjoy the sense of risk and reward. We also get to see the impact of our work in real-time. Even when things don’t go exactly to plan, we learn so much from the outcomes, and this helps us to further hone our strategies.
If you were speaking with someone who was considering the Assistant Trader Internship with SIG, what would you tell them?
Definitely do it! SIG is a unique, dynamic place to work where you will never be bored. The education programme not only sets you up to work in trading but everyone in SIG also supports you in developing your skills.
What is your favourite thing about living in the Dublin area?
There is always something to do in Dublin, whether it is a concert, a festival, or a new restaurant/bar to try.
Finally, if you could have any super power, what would it be and why?
I would love to be able to time travel. It is almost like having lots of superpowers at once when you consider how much you could alter and change.
Both SIG’s Assistant Trader Internship and Assistant Trader Graduate Programme are currently open for applications via the SIG website. SIG also caters for work placements ranging from 3-12 months in duration.