FX-as-a-Service (FXaaS) Sales Strat, VP - New York

Candidate Experience Site - Lateral; New York (NY); On-site; USD 180,000 - 260,000; Full time

Job summary

Goldman Sachs is seeking a dynamic professional to join the FX-as-a-Service (FXaaS) Strats team, focusing on institutional hedging, cross-border payments, and our Americas franchise. You will work on a front-office product line that provides a unified software platform for FX risk management and programmatic hedging solutions.

You will cover global clients, interact with Sales, Trading, Systematic Market Making and other Strat teams, and contribute to the ongoing development of live risk systems

Qualifications

• Strong academic background in a quantitative or technical discipline.
• Experience within institutional FX markets.
• Excellent written and verbal communication skills.
• Active professional network within the fund hedging space.

Responsibilities

• Operate day-to-day FX risk management initiatives within the FXaaS Strats team.
• Collaborate with Sales, Trading, Systematic Market Making and Marquee teams.
• Demonstrate capability to pitch and demo technology products to clients.
• Contribute to development and support of risk systems and client-facing software.

Skills

Communication

FX markets experience

Networking

Quantitative/technical background

Education

Quantitative/technical degree

Tools

Python

Java

C++

Job description

New York, NY, United States

Job Description

GLOBAL BANKING & MARKETS

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

OUR IMPACT

The Strats business unit is a world leader in developing quantitative and technological expertise to solve complex business problems. Working within the firm’s trading, sales, banking and investment management divisions, strats use their mathematical and scientific training to create financial products, advise clients on transactions, measure risk, and identify market opportunities.

YOUR IMPACT

We are looking for a professional to join the FX-as-a-Service (FXaaS) Strats team, with a focus on our institutional hedging business and cross-border payments and our Americas franchise. The team operates; innovates and distributes software and API-enabled solutions for FX risk management to a global client base.

Passive Currency Overlay (PCO) is an established, but also fast-growing, product line which provides clients with a single unified software to manage their end-to-end FX risk management, converting raw exposure data into a programmatic FX hedging solution. This is a key front-office role responsible for operating the day-to-day business; contributing to our track record of innovation around new functionality and products and interacting constantly with our global footprint of hundreds of clients.

You will cover clients relentlessly and work closely with our partners in Sales; Trading; Systematic Market Making and Marquee (in addition to other Strat teams).

SKILLS & EXPERIENCE WE’RE LOOKING FOR

The role is very varied, and you will interact with a broad spectrum of the existing GBM client base as well as contributing to our growth and diversification strategies to grow the business in new client sectors and geographies.

We need someone who is commercially minded and highly motivated by delivering on our ambitious revenue targets. This person will be an effective written and oral communicator and comfortable working with clients globally across a range of different senior decision-makers. We expect you to possess confidence pitching and demoing technology product and be nimble and responsive to live client feedback.

We want colleagues that are passionate about harnessing digital transformation to solve our clients’ problems. You will understand that a successful platform business delivers scale; operating flawlessness and allow us to enter new addressable markets and disrupt existing providers quickly.

Part of your role will be to contribute to the day-to-day problem-solving and troubleshooting that comes with working in a technology-led business on the trading floor of the world’s pre-eminent FX franchise. This will involve handling live market-risk and contributing to the code base.

Ultimately, all our business lines involve the quantification and review of foreign currency risk, so experience in providing an advisory service around how to handle these exposures is strongly preferred.

BASIC QUALIFICATIONS

• Strong academic background in a quantitative or technical discipline
• Understanding of basic financial maths concepts, e.g. Interest rate differentials; carry structure; liquidity and strong interest in finance
• Excellent written and verbal communication skills
• High level of diligence and discipline
• Comfortable managing multiple stakeholders, demonstrating initiative and showing commercial impact
• Experience within institutional FX markets
• An active professional network within the fund hedging space e.g with fund admins/custodians/service providers

PREFERRED QUALIFICATIONS

• Coding and software design skills in any recognized programming language e.g. Python, Java, C++
• Experience working with client-facing software products and thinking about customer journeys
• Experience developing and supporting risk systems
• Exposure to cross-border payments, preferably in a Product seat

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

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