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

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

Job summary

Join a forward-thinking firm as a Quantitative Researcher in New York, where you will enhance pricing and risk management strategies in a dynamic trading environment. This role allows you to leverage your analytical skills and programming expertise to develop innovative models and collaborate with diverse teams. You will be part of a culture that values diversity and inclusion, with ample opportunities for professional growth. If you are passionate about quantitative research and thrive in a fast-paced setting, this is the perfect opportunity to make a significant impact in the financial world.

Benefits

Healthcare & Medical Insurance

Financial Wellness & Retirement

Fitness Center Access

Child Care Services

Qualifications

• Strong academic background in analytical fields like Computer Science or Mathematics.
• Proven ability to analyze large data sets for commercial insights.

Responsibilities

• Generate models and strategies for pricing and risk-management.
• Collaborate across teams to improve trading strategies.

Skills

Data Analysis

Algorithm Development

Collaboration

Communication

Education

Bachelor's in Computer Science

Degree in Mathematics

Degree in Engineering

Tools

Python

Java

Linux

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.

Responsibilities

• 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.
• Collaborate with colleagues across business lines and 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 employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.

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.

• Healthcare & Medical Insurance: We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
• 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 Services: 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.
• 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).
• Child Care & Family Care: 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.