Global Markets, FICC, SMM FX – Quantitative Researcher, Associate, New York

Goldman Sachs; New York (NY); On-site; USD 150,000 - 225,000; Full time

Job summary

An established industry player is seeking a Quantitative Researcher to enhance their FX trading strategies. This role involves developing innovative models to improve pricing and risk management, as well as analyzing client behavior for alpha generation. The ideal candidate will possess a strong academic background in analytical fields and experience in real-time algorithmic systems. Join a forward-thinking firm where your contributions will directly impact the trading landscape and help shape the future of automated trading. This is an exciting opportunity to work collaboratively across teams and make a significant difference in a dynamic environment.

Benefits

Competitive vacation policies

On-site fitness centers

Medical advocacy service

Childcare services

Financial wellness programs

Employee Assistance Program

Generous health benefits

Wellness offerings

Training and development opportunities

Qualifications

• Strong academic background in Computer Science or analytical fields.
• Proven ability to analyze large datasets and draw useful conclusions.
• Experience with real-time algorithmic systems.

Responsibilities

• Generate ideas for models and strategies to improve pricing.
• Build, test, and deploy strategies in a fast-paced environment.
• Manage operational risks in automated trading.

Skills

Data Analysis

Algorithm Development

Java

Python

Collaboration

Education

Bachelor's in Computer Science

Degree in Mathematics

Degree in Physics

Degree in Engineering

Tools

Linux

Job description

Global Markets, FICC, SMM FX – Quantitative Researcher, Associate, New York

New York, New York, United States

Job Description

Global Markets, FICC, SMM FX - Quantitative Researcher, Associate, New York

SMM FX is a systematic market making business covering FX spot, forwards and NDFs. As an automated trading business, SMM manages the financial as well as operational risks inherent in this endeavor. We are looking for someone to work on the quantitative research aspect of market making. The successful candidate will work on improving our pricing and hedging capabilities, analyze client trading behavior, alpha generation, etc.

• Generate ideas for models and strategies to improve pricing and risk-management.
• Build, test and deploy those strategies in a fast-paced production environment.
• Manage the operational risks inherent in a fast-moving automated trading business.
• Collaborative working with colleagues across business lines and across regions.
• Work productively with people outside the electronic trading business, e.g. other traders, strats and engineers in the firm.
• Understand the regulatory and supervisory environment and demonstrate ownership of our obligations and responsibilities under this.

Experience/Skills

• Strong academic background in Computer Science or an analytical field such as Mathematics, Physics, Engineering, etc.
• Proven ability to analyze large data sets and draw useful commercial conclusions.
• Development in real-time algorithmic systems. Familiarity with Java and Python preferred, though not critical. In the absence of these, strong familiarity with alternative languages is essential to demonstrating an ability to develop production code.
• Ability to communicate and work collaboratively within their own team and with other parts of the firm, e.g. voice trading, other technology teams and functions like economic research which have varying levels of technical knowledge.
• Demonstrated understanding of and engineering of a safe operating environment, particularly regarding the control environment around electronic trading.

Preferred Experience

• Experience working on market making and execution
• Know your way around a Linux terminal

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're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Salary Range
The expected base salary for this New York, New York, United States-based position is $150000-$225000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Job Info

• Job Identification 142246
• Job Category Associate
• Posting Date 02/20/2025, 08:17 PM
• Apply Before 12/01/2025, 08:18 PM
• Locations New York, New York, United States

Healthcare & Medical Services

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

Read more about the full suite of class-leading benefits our firm has to offer..

Learn More