Electronic Trading Developer - Associate - GSET - GBM Public - New York New York · · Associate

Goldman Sachs Bank AG; New York (NY); On-site; USD 150,000 - 300,000; Full time

Job summary

An established industry player in electronic trading seeks an ambitious developer to join their Derivs Automation team. This role involves designing and implementing cutting-edge trading strategies and algorithms for US Listed Options. You will collaborate with various teams, ensuring high-performance trading solutions that meet client needs. The company offers a dynamic environment where your contributions can significantly impact the trading landscape. With a focus on innovation and excellence, this position is perfect for those eager to advance their careers in a fast-paced setting.

Benefits

Healthcare

Wellness Programs

Retirement Planning

Fitness Centers

Child and Family Care

Qualifications

• 3-5 years of relevant experience in trading platform development.
• Experience in designing algorithms for US options trading.

Responsibilities

• Design and maintain high-performance trading strategies.
• Monitor and customize algorithms based on client needs.

Skills

Java

C++

Algorithm Design

Data-driven Trading Strategy Analysis

Communication Skills

Education

Bachelor’s or Master’s degree in STEM

Tools

Smart Order Routers

Back-testing Tools

Job description

Electronic Trading Developer - Associate - GSET - GBM Public - New York

Goldman Sachs Electronic Trading - Software Developer - Associate Level

Goldman Sachs Electronic Trading (GSET) is committed to becoming the leading provider in Electronic US Listed Options Trading by developing superior technology and delivering high-quality products. This multi-year investment involves people, platforms, and products. Join our team to participate in creating and launching industry-leading products for top clients. We seek eager, nimble, and ambitious trading platform developers to help us achieve and surpass our goals.

Your Impact

The Derivs Automation team develops algorithms, smart order routers, order management systems, and internalization strategies for US Listed Options trading. Responsibilities include gathering client requirements, designing and developing trading strategies and platforms, and monitoring trading performance. The team collaborates with clients, sales, trading, compliance, legal, and other engineering teams, playing a vital role in driving our Electronic Options Trading business.

Responsibilities

1. Design, build, and maintain high-performance, adaptive options trading strategies for internal and external clients.
2. Monitor trading performance daily and customize algorithms based on client needs.
3. Maintain a deep understanding of US options market structure, regulations, and exchange services, implementing changes as needed.
4. Communicate with traders, sales, clients, and compliance officers regarding new features and existing functionalities.

Basic Qualifications

• Bachelor’s or Master’s degree in STEM with 3-5 years of relevant experience.
• Proficiency in Java or C++.
• Extensive experience designing and implementing algorithms and smart order routers for US options trading.
• Experience in data-driven trading strategy analysis and optimization.
• Strong communication skills and team collaboration ability.

Preferred Qualifications

• Experience designing algorithms and smart order routers for agency trading.
• Experience with back-testing trading strategies.
• Experience developing low-latency trading strategies.
• Experience supporting clients directly.

Salary Range

The expected base salary range for this position in New York, NY, is $150,000 to $300,000, plus potential discretionary bonuses for active employees at fiscal year-end.

Benefits

Goldman Sachs offers comprehensive benefits, including healthcare, wellness programs, retirement planning, financial wellness, health services, fitness centers, child and family care, and more, aimed at supporting our employees' overall well-being.