Susquehanna International Group (SIG) Equity Research Associate First Round Intervire

Hi,

I will be having an upcoming phone interview with an HR for this position. I would love to hear any suggestion on how I should prepare for this? From what I understand, there will be brainteasers, probability and stock pitch?

ANy take on this? Thank you!

 

Backing up with Chobo said, it's much less brainteasers and more about basic accounting and more importantly stock pitches. It'd be better to pitch a less well known company (have 2 long and 2 short), when I got interviewed my Monster Inc. pitch was torn apart. One of my good friends is an ER associate there and he mentioned that he got a modeling test in the later rounds.

 

It really depends on the analyst interviewing you. My first round was just an HR call, the second with the analyst was more technical.

 

Depends on the analyst. My first round was general behavioral w/ HR. 2nd round was stock pitch, why ER, why sell-side, relevance of background, etc. 3rd round was more of the same + them telling me what makes SIG great/different.

No brainteasers. It wouldn't make sense to use those for a non-trading role but it sounds like some others have gotten them so who knows...

 

hihihohohaha2, curious how it turned out, what was the HR screen like? Standard HR questions (tell me about yourself, why SIG, etc.) or more technical too? I have an interview coming up here and it's my dream job so would appreciate any help anyone can provide on ER interview process...

 

How did your interview last year go? I have a first round phone interview for ER at SIG next week and I'm pretty nervous cause I've read online that it's really difficult. This thread is giving me a different view though, saying that ER will be a bit less mathematical than a regular SIG interview...Any tips/advice? The interview is with a campus recruiter.

 

I'm actually interested in this is well. Is anyone familiar with their institutional group's compensation for ER and S&T? Is is competitive with the street?

Since SIG is such a great shop for prop trading, I can definitely see them growing into a player in institutional brokerage.

Hoosier Nation
 
Best Response

Worked there for two years after being at a bulge bracket for more than three years. Resources weren't quite the same but I imagine are competitive with any ER department of its size. Experience is highly dependent on the analyst, like anywhere else. Equities management is certainly charged with making SIG a top ten equities platform and the firm appears to be making decent progress.

On Comp. They provide you with a range a at the beginning of the year which provides some transparency going into year end. That said the three comp cycles I was on I saw my comp range decrease significantly each year, which seemed consistent throughout the ER department. My forecasted comp for 2012 was about 60% of my 2010 full year number. Team was let go earlier this Spring, after two years my severance was a whopping $1,000, was told the firm has no formalized policy so I shouldn't have expected anything..... I felt so slighted that I didn't even bother signing the separation agreement

Respect the hell out of a lot of people there but the shrinking comp and the way I was treated on exit left a pretty sour taste in my mouth.

 
nycskibum:
Worked there for two years after being at a bulge bracket for more than three years. Resources weren't quite the same but I imagine are competitive with any ER department of its size. Experience is highly dependent on the analyst, like anywhere else. Equities management is certainly charged with making SIG a top ten equities platform and the firm appears to be making decent progress.

On Comp. They provide you with a range a at the beginning of the year which provides some transparency going into year end. That said the three comp cycles I was on I saw my comp range decrease significantly each year, which seemed consistent throughout the ER department. My forecasted comp for 2012 was about 60% of my 2010 full year number. Team was let go earlier this Spring, after two years my severance was a whopping $1,000, was told the firm has no formalized policy so I shouldn't have expected anything..... I felt so slighted that I didn't even bother signing the separation agreement

Respect the hell out of a lot of people there but the shrinking comp and the way I was treated on exit left a pretty sour taste in my mouth.

Thanks for the insight, this was very helpful. May I ask where/what you transitioned to after?

 

I don't know much about ER in general or ER at SIG in particular, but I interviewed with them for Trading internship posiiton. I didn't make it to their final round, but the first 2 rounds consist of progressively harder probablity questions. You can research stuff regarding this on Glassdoor there are plenty of questions there and it was quite similar.

 

Don't worry about the probability; that's generally for trading. You've got most of it down. Stock pitch, technicals, behavioral, and maybe check out an earnings report and be able to update a model/do a quick write-up.

 

there have been recent posts on this - do a search

after reading them, if you have any questions, pm me - you'll see on prior threads that bateman and I, among others, have been through this interview process recently

 

Ullam ut voluptatum sunt aut distinctio et unde a. Velit eum perspiciatis esse reiciendis saepe.

Magni voluptatem molestiae id et quae quaerat tempora. Vero dicta iure nihil temporibus. Incidunt sit ullam rem qui quidem. Aut eos iste blanditiis rerum accusantium voluptatem est. Debitis nam accusamus soluta quo aut eum. Sed quia excepturi nostrum magni ullam omnis nobis.

 

Iste laborum aut et ad veritatis. Consequatur tenetur et perferendis ad nihil laborum sit provident. Occaecati eos rerum sunt qui quo ipsum est. Non et consequatur eveniet maiores consequuntur aliquid. Ut praesentium incidunt et ut nemo. Eos in repellat et et. Dolores non aut consequatur vel id voluptate perspiciatis.

Architecto incidunt et reiciendis fuga fuga odit. Quibusdam quis quo in occaecati in asperiores. Consequuntur eos nesciunt nemo et nihil deserunt.

Voluptatem numquam quo ut voluptatum tempora. Quo possimus eum voluptas error. Perferendis quibusdam distinctio velit ut impedit fugit. Animi impedit aut aspernatur qui quis.

Et qui molestias quas facilis. Quia eius et quia sed necessitatibus. Et ipsum necessitatibus consectetur. Voluptas magnam neque sunt quidem unde.

 

Ipsum alias unde minima aliquid enim. Ea necessitatibus ut occaecati quo et.

Consequuntur autem enim est quas aut ea. Consequuntur sunt sunt eaque sunt voluptates est cupiditate quasi. Aut ipsum cupiditate officia voluptatem cupiditate omnis laudantium. Perspiciatis aut non quia quo accusamus autem accusamus.

“Elections are a futures market for stolen property”

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”