Susquehanna (SIG) Interview ProcessTier 2

Options Market Maker · Bala Cynwyd (Philadelphia), NYC

SIG's process opens with a timed probability and logic Problem-Solving Assessment (reports differ on whether it comes before or after the resume screen), and the culture rewards expected-value thinking, game theory and card games. Outside guides put the process at two to eight weeks, while some candidates describe much longer loops; it is known for being flaky. The bar is intuition and EV reasoning, not rote rigor.

204
problems
86 easy 102 medium 16 hard
3
hires: Trader / Quant Researcher, Quant Strategy Developer, Software Engineer

Problem-Solving Assessment (OA)

SIG's funnel opens with a famous resume-screen math OA for the Trader / Quant Researcher track - 17 questions in 60 minutes from a fixed bank that recurs for years (only the numbers change); a September 2026 sitting was captured question-for-question and is replicated word for word below. Engineering tracks get a proctored SWE coding OA (modeling over grind) or a Strategy-Developer CodeSignal test; the Capital Markets (equity-research) track gets a finance-flavored OA instead. Passing the screen is necessary but not sufficient - it is an early filter.

Practice this round 45 problems Pro
Trader / Quant Researcher
current
Sep 2026
Problem Solving Assessment (Sep 2026 sitting, verbatim)mettl, calculator allowed17 questions / 60 min

The Mettl screen exactly as it was sat in September 2026 (on-screen title 'The Susquehanna Problem Solving Assessment', one section, palette of 17 tabs with an 'Attempted: n/17' counter, 'Revisit Later' bookmarks, autosave). All 17 questions recovered word for word with their figures, in the real order and the real answer widgets: numerator / denominator blanks for fractions in simplest form, a dollar-prefixed blank (dice game), a %-suffixed blank (bakery), hh:mm blanks (canoe), a two-digit AB entry (skyscraper grid) and one five-option radio question (knights and knaves). Every family is a number-rotation of the classic bank drilled in the 22-question set below, but three prompts changed shape this sitting: the dice game pays the LOWER roll and $0 on doubles, the bakery runs out of croissants (the 80% item), and the news question asks for P(fake). Fourteen of the 17 have a bank twin (linked); the balance mobile, the exercise table and the plain 4x4 skyscraper grid live only in the timed test.

Take the timed assessmentReal reported OA questions, on the clockPro
current
2019 -> 2026
Recurring-bank drill (all 22 families)mettl, calculator allowed22 questions / 60 min (drill; the real sitting is 17 / 60)

The signature SIG screen is 17 timed questions, first ~9 easy then ~8 hard - probability, expected value, Bayes, constraint logic, gambler's ruin, and a lattice DP. The bank is fixed and only the numbers shuffle between sittings, so drilling it for speed is the whole strategy. Sitting reports (Aug 2026, and the Sep 2026 sitting captured word for word above) match this replica family-for-family - no genuinely unseen problems - though a couple of items run heavier live: the canoe question makes you solve for the paddling speed p, and the balance mobile hides the simple halving branch among many distractor branches (~2 min to find it). This drill runs all 22 recurring families in one 60-minute sitting; for the exact 17-question sitting use the verbatim Sep 2026 replica above.

Take the timed assessmentReal reported OA questions, on the clockPro
reported
2024 -> 2026
Quantitative Evaluation, short format (16 / 20)Mettl (reported)16 typed questions / 20 min (reported)

QuantVault's own candidate files describe the 17-question, 60-minute sitting above, but other prep sites, and a candidate quoting SIG's invitation email, describe a 20-minute Mettl Quantitative Evaluation, cited as 16 typed questions with no going back (14 short items and 2 longer ones; +1/-1 per one source). Both formats appear to be in use, so this replica covers the short one.

Free sample: 5 questions in 6 minutesGenerated in the reported format, timed like the real test.ProFull simulation: 16 questions in 20 minutes, no going back (Pro)Generated in the reported format, timed like the real test.Pro
current
2026 -> 2027
SIG Quantitative Assessment (2027 set)mettl, calculator allowed3 new questions / 12 min

A full 2027-cycle sitting of the 17-question screen leaked in mid-2026 (16 of 17 problems recovered). Thirteen are number-rotations of the classic bank drilled in the timed screen above; three question families are genuinely new to the rotation - a two-dice payoff-matrix EV with a doubles penalty, a stars-and-bars flavor count, and an expected-consecutive-pairs linearity question. This timed set runs exactly those three, with the sitting's numbers and figures.

Take the timed assessmentReal reported OA questions, on the clockPro
Software Engineer
Quant Strategy Developer
Capital Markets (equity research)
current
2024 -> 2025
Finance OA23 questions / 25 min23 questions / 25 min

The Philadelphia equity-research OA - finance-flavored, three sections: easy stats / expected value, option & equity VALUATION (multiples, EPS vs P/E, reading statements), and general market knowledge (M&A, board structure, bonds). Take the timed screen below; it expects a real finance background, not the quant math OA.

Take the timed assessmentReal reported OA questions, on the clockPro
Unlock the full interview funnel

The first stage is on us — you're seeing it in full. Unlock every later round, the must-do problems, and stage-by-stage prep across all 56 firms with QuantVault Pro.

56 firmsEvery stageMust-do problems

Looking for other firms?

Every firm has a curated interview-questions playlist — a ready-to-drill set of problems matched to how that firm interviews, each with a full worked solution.

Practice every firm's OA: timed replicas, free game replicas and guides in one place →

SIG round-by-round guides

Susquehanna (SIG) interview — FAQ

What is the Susquehanna (SIG) interview process?

SIG's process opens with a timed probability and logic Problem-Solving Assessment (reports differ on whether it comes before or after the resume screen), and the culture rewards expected-value thinking, game theory and card games. Outside guides put the process at two to eight weeks, while some candidates describe much longer loops; it is known for being flaky. The bar is intuition and EV reasoning, not rote rigor. The loop runs 7 stages: Problem-Solving Assessment (OA), Technical HR / Recruiter Screen, Quant / Technical Phone, Take-Home Data Exercise + On-Site Presentation (QR), Market-Making Game + EV Games, Onsite / Superday (Philadelphia), SWE / Quant-Dev Coding + Systems.

How many rounds does Susquehanna (SIG) have?

7 stages in total, starting with the Problem-Solving Assessment (OA) and ending with the SWE / Quant-Dev Coding + Systems.

How do I prepare for the Susquehanna (SIG) interview?

Work the stage notes above, then drill the Susquehanna (SIG) interview-questions set — each problem has a full worked solution.