Susquehanna is looking for an ETF Trading & Pricing Analyst to join our Sydney Trading team. Working closely with ETF traders and developers, you will support the accuracy and reliability of the pricing data used in our ETF market-making activities. The role combines ETF product knowledge, live problem-solving and technical analysis, with opportunities to improve the tools and processes that support the trading desk.

What you’ll do

- Analyse ETF portfolio composition files (PCFs), net asset values (NAVs), constituent data and other inputs used in ETF pricing.
- Validate pricing inputs and investigate discrepancies in ETF fair values, underlying market data and constituent information.
- Monitor corporate actions, index changes and ETF basket updates, assessing their impact on pricing data and raising relevant issues with traders.
- Work directly with ETF traders to investigate time-sensitive pricing issues, data exceptions and other trading-related queries.
- Support the accuracy and availability of data and processes used in ETF market-making and pricing workflows.
- Collaborate with Technology and Operations teams to troubleshoot issues affecting trading and pricing systems.
- Identify opportunities to improve data quality, monitoring, controls and the reliability of daily pricing processes.
- Use Python, SQL and Excel, as appropriate, to analyse datasets, automate checks and improve existing workflows.
- Develop a solid understanding of ETF structures, underlying securities, index methodologies and market dynamics.




- Contribute to trading-desk projects and enhancements as ETF products and business requirements evolve.

Overview

Susquehanna is looking for an ETF Trading & Pricing Analyst to join our Sydney Trading team. Working closely with ETF traders and developers, you will support the accuracy and reliability of the pricing data used in our ETF market-making activities. The role combines ETF product knowledge, live problem-solving and technical analysis, with opportunities to improve the tools and processes that support the trading desk.

What you’ll do

- Analyse ETF portfolio composition files (PCFs), net asset values (NAVs), constituent data and other inputs used in ETF pricing.
- Validate pricing inputs and investigate discrepancies in ETF fair values, underlying market data and constituent information.
- Monitor corporate actions, index changes and ETF basket updates, assessing their impact on pricing data and raising relevant issues with traders.
- Work directly with ETF traders to investigate time-sensitive pricing issues, data exceptions and other trading-related queries.
- Support the accuracy and availability of data and processes used in ETF market-making and pricing workflows.




- Collaborate with Technology and Operations teams to troubleshoot issues affecting trading and pricing systems.
- Identify opportunities to improve data quality, monitoring, controls and the reliability of daily pricing processes.
- Use Python, SQL and Excel, as appropriate, to analyse datasets, automate checks and improve existing workflows.
- Develop a strong understanding of ETF structures, underlying securities, index methodologies and market dynamics.
- Contribute to trading-desk projects and enhancements as ETF products and business requirements evolve.

What we’re looking for

- Experience working with ETFs, financial market data, trading support or a related analytical role; direct ETF pricing experience is advantageous.
- Understanding of ETF structures, underlying securities and the relationship between constituent data and ETF pricing.
- Experience with PCFs, corporate actions, index data or security reference data would be highly regarded.
- Programming experience in Python, with the ability to analyse data and improve or automate workflows.
- Strong Excel skills; SQL experience is an advantage.
- Good numerical and analytical skills, with a structured approach to troubleshooting data and pricing issues.
- High attention to detail and sound judgement when working with time-sensitive information.
- Ability to prioritise and respond effectively in a fast-paced trading environment.
- Clear communication skills and confidence working directly with traders, developers and other

📌 ETF Pricing Analyst New (Sydney)
🏢 Trading Interview
📍 Sydney