Quantitative Developer, Global Banking & Markets, Systematic Market Marking

Goldman Sachs Bank AG; New York (NY); On-site; USD 150,000 - 250,000; Full time

Benefits offered by this job

Health benefits

On-site health centers

Job summary

Goldman Sachs in New York, NY is seeking a Quantitative Developer to design and implement high-performance trading strategies and real-time pricing engines for global markets. You will work with traders, researchers, and engineers to build scalable, low-latency infrastructure and adapt models to evolving market conditions.

The role emphasizes ownership, independence, and collaboration in a fast-paced trading floor environment, with opportunities to apply ML, risk controls, and optimization

Qualifications

• Advanced degree in Computer Science or Financial Technology.
• 5+ years of relevant work experience.
• Advanced proficiency in C++.
• Experience designing and implementing algorithms for US trading.
• Experience in data-driven trading strategy performance analysis and optimizations.
• Strong communication skills and the ability to work as part of a team.

Responsibilities

• Design, build, and maintain high-performance trading strategies for internal and external clients.
• Monitor trading performance daily and customize algorithms per client needs.
• Understand market structure, regulations, exchanges, and implement changes accordingly.
• Communicate feature requests and explanations with traders, sales, clients, and compliance.

Skills

C++ proficiency

Quantitative thinking

Team communication

Data-driven analysis

US trading experience

Education

Advanced degree in CS or Financial Tech

Job description

Quantitative Developer, Global Banking & Markets, Systematic Market Marking location_on New York, NY, United States

What We Do

At Goldman Sachs, our Engineers don't just make things – we make things possible.Change the world by connecting people and capital with ideas.Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Drive new businesses, redefine finance using AI, and seize opportunities at market speed.

The Systematic Rates Trading desk sits at the intersection of quantitative research, technology, and market-making execution. The team is responsible for overseeing the systematic trading, pricing, and risk management frameworks for global Rates products (including government bonds, interest rate swaps, and futures). We design, build, and manage real-time pricing engines, algorithmic hedging systems, and execution platforms that operate at scale in highly liquid and volatile markets.

Who We Look For

Quantitative developers are at the cutting edge of our business, solving real-world problems through a variety of analytical methods. Working in close collaboration with traders and salespeople, your invaluable quantitative perspectives on complex financial and technical challenges will power our business decisions.

We are seeking an exceptional software engineer and quantitative thinker with a "builder" mindset. You should thrive in a fast-paced, collaborative trading floor environment where you are expected to work independently, think critically, and take complete ownership of your projects.

Our ideal candidate will have strong a strong technical background and problem solving skills, drive to investigate and learn new ideas, and the judgement to deliver quick yet robust solutions.

Responsibilities

• Design, build, and maintain high-performance, yet nimble and adaptive trading strategies for internal and external clients.
• Monitor trading performance for strategies daily and build algo customization based on clients’ needs.
• Utilize deep understanding of market structure, regulations, exchange service offerings and implement changes to these on an on-going basis.
• Communicate with traders, sales, clients, and compliance officers about new feature requests, explanation of existing features, etc.

Basic Qualifications

• Advanced degree in relevant technical field such as Computer Science or Financial Technology.
• 5+ years of relevant work experience.
• Advanced proficiency in C++.
• Experience designing and implementing algorithms for US trading.
• Experience in data-driven trading strategy performance analysis and optimizations.
• Strong communication skills and the ability to work as part of a team.

Preferred Qualifications

• Prior experience working as a Quantitative Developer or Software Engineer on a systematic trading desk, market-making team, or high-frequency trading (HFT) firm.
• Strong understanding of Rates products (Treasuries, Swaps, Futures), yield curve modeling, and fixed-income analytics.
• Experience with building back testing for trading strategies.
• Experience with low latency trading strategy development.
• Experience supporting clients directly.

Salary Range

The expected base salary for this New York, New York, United States-based position is $150,000-$250,000. 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 .

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

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.

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 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. 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).

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. 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.