SIG Buy Side Equity Research - Process and Strategy

Hi all,

I have an interview at Susquehanna International Group for the buy side equity research position - does anyone know a) what the interviews are like/how different they are from the sell side role/how much math/probability stuff they ask in the interviews and b) what is the mandate/risk parameters/strategy for their equities team? the job description indicates that you're basically a desk analyst working with traders to find profitable ideas/insights on mostly event-driven stuff - are they long/short? would it be like a merger arb pod at a platform? SIG is mostly known for their options trading/market making so wondering what the process for their equities unit is - ay insights appreciated.

 

Interviewed there. Basically have a pitch tied to an event, know expected value, and expect an option question where you calculate the price based on some probabilities. Not too bad. 

 

First round was what others said. The interview was an event driven pitch, a few questions about about merger arb, how options work, some easy probability questions. I moved to the next round where I was given a case that seemed very tedious and dove deep into probability about a very specific corporate event. I ended up taking an offer from a different firm so did not go continue with the process. Happy to talk more about this. 

 

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