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8 days ago

Quantitative Research Intern

Susquehanna International Group Philadelphia, PA

SIG's summer internship program places summer hires directly into the Quantitative Research department, allowing them to work on essential projects… Susquehanna International Group


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Susquehanna International Group, LLP Reviews

180 Reviews
4.1
180 Reviews
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Susquehanna International Group, LLP Managing Director Jeff Yass
Jeff Yass
140 Ratings
  1. 1 person found this helpful  

    This culture here is designed to breed mediocrity

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    Former Employee - Technology Associate  in  Bala Cynwyd, PA
    Former Employee - Technology Associate in Bala Cynwyd, PA

    I worked at Susquehanna International Group, LLP full-time for less than a year

    Pros

    Everything is so disorganized with no real chain of command in Technology so if your goal is to fly under the radar, you could probably collect a paycheck here for a while doing very little work.

    Cons

    Simply put, in Technology there is no management. Teams collaborate heavily, but I rarely saw any managers step up to bat for their teams or open their mouths when a process could be improved or work being done was redundant. Status quo is the name of the game here, so don't expect to be given any opportunity to advance, simplify processes, or to have your input be valued.

    There are also multiple systems for doing nearly everything in technology. Want to get system access to a Server A? Request it through Webpage A. Want to get access to server B? Email Team B. There is so much wasted time with half completed projects and systems that barely do their intended function.

    Overall, I saw these problems pervading through the entire Bala Cynwyd office. Most people seemed to do the bare minimum, the standout employees left after a short period, and the average employees stay for years and are promoted based on seniority only. (skill level and knowledge appeared to have nothing to do with your responsibility level)

    Advice to ManagementAdvice

    Hire some consultants or real managers, stop promoting people just because they've been at the company for 5-10 years. Most every Technology manager I interacted with seemed to just stay at the company until they had to be promoted. Few were qualified to do manage people or perform daily administrative duties of a good manager.

    Doesn't Recommend
    No opinion of CEO