Quantitative Strategist, Global Banking & Markets, Commodities Trading - Vice President

Goldman Sachs Group; New York (NY); Hybrid; USD 150,000 - 300,000; Full time

Job summary

Goldman Sachs’s Quantitative Strategist role in Global Banking & Marketing, Commodities Trading, VP, is based in New York, NY. The role blends quantitative research with practical pricing, risk management, and automated trading development on a global platform.

You will collaborate with traders and sales to translate complex models into client solutions, lead end-to-end structuring, and contribute to expanding a diversified commodities franchise.

Qualifications

• : Excellent academic record in a highly quantitative field such as Physics, Mathematics, Statistics, Engineering, or Computer Science.
• : Strong written and verbal communication skills.
• : Self-starter with ability to prioritize multiple tasks in a high-pressure environment.

Responsibilities

• : Data Analysis: Quantitatively analyze franchise flows and market data to drive decisions.
• : Structuring: Lead end-to-end structuring for commodity derivatives and financing products.
• : Business Expansion: Contribute to strategic initiatives and expand the commodities franchise.
• : Automated Pricing: Automate derivative pricing in response to client quotes.
• : Risk Management: Develop automated hedging algorithms and risk frameworks.
• : Collaboration: Work with sales and trading to support pricing and trading systems.
• : Software Development: Participate in SDLC with engineering teams.

Skills

Quantitative thinking

Written communication

Verbal communication

Education

Physics/Mathematics/CS background

Tools

C++

Java

Python

Job description

Quantitative Strategist, Global Banking & Marketing, Commodities Trading - Vice President

New York, NY, United States

Job Description

Who We Are

Goldman Sachs is a leading global participant in the commodities markets, active across a wide range of financial and physical products. We operate a fully integrated global business, offering comprehensive client services that span derivatives risk management and advisory, physical trading and logistics, and structured finance solutions.

At Goldman Sachs, Quantitative Strategists (Strats) are at the cutting edge of the businesses, solving real-world problems through a variety of analytical methods. Working in close collaboration with traders and sales, their invaluable quantitative perspectives on complex financial and technical challenges directly power our commercial and business decisions.

Our team is dedicated to transforming the commodities business through quantitative research and the systemization of key trading processes. We have a broad remit that includes automated quoting, optimizing hedging and portfolio risk decisions, and developing algorithms to trade derivatives on global venues. By deploying advanced statistical analysis and mathematical models, we enhance decision-making and drive business performance, working side-by-side with traditional "voice" traders and sales professionals on the trading floor.

Global Banking & Marketing

Our core value is building strong, lasting relationships with our clients, which include corporations, financial institutions, and fund managers. We help them execute transactions on global exchanges, raise funding, and manage complex risks. This is a dynamic, entrepreneurial team with a passion for the markets, composed of individuals who thrive in fast-paced, evolving environments and are energized by the activity of a bustling trading floor.

Our culture is built on teamwork, innovation, and meritocracy. We believe our people are our greatest asset, and we take pride in supporting each colleague both professionally and personally. From collaborative workspaces to comprehensive wellbeing and resilience offerings, we provide our people with the flexibility and support they need to reach their goals both inside and outside the office.

Who We Look For

We seek self-driven, intellectually curious, and commercially oriented individuals who thrive on solving complex, open-ended problems. You should be a creative and quantitative collaborator who can adapt to the fast-paced evolution of global markets and who enjoys the challenge of translating sophisticated concepts into actionable client solutions.

How You Will Fulfill Your Potenital

• Data Analysis:Perform systematic and quantitative analysis of franchise flows and market data to drive business decisions and inform the design of our automation platform.
• Structuring:Lead end-to-end structuring for commodity derivative and financing products, ensuring rigorous quantitative analysis and deepening client relationships by providing technical expertise and tailored solutions.
• Business Expansion:Contribute to a broad range of strategic initiatives and drive business expansion across Goldman Sachs’ diversified commodities franchise.
• Automated Pricing:Automate the pricing of derivative products, providing fast and accurate pricing in response to client quote requests.
• Risk Management:Implement automated hedging algorithms and build robust frameworks to manage risk centrally across a broad range of exposures.
• Collaboration:Work closely with sales and trading to support, maintain, and enhance our automated pricing and trading systems.
• Software Development:Participate in all stages of the software development life cycle (SDLC) using a range of technologies, collaborating closely with engineering teams that support the underlying infrastructure and frameworks.

Basic Qualifications

• Excellent academic record in a highly quantitative field such as Physics, Mathematics, Statistics, Engineering, or Computer Science.
• Strong programming skills in an object-oriented or functional paradigm (e.g., C++, Java, or Python).
• 5+ years of experience in quantitative finance or at a cutting-edge technology company.
• Self-starter with strong self-management skills, the ability to prioritize multiple tasks, and the capacity to work effectively in a high-pressure environment.
• Excellent written and verbal communication skills.

Preferred Qualifications

• Prior experience in commodities at a peer investment bank or hedge fund.
• Previous quantitative or technical experience working directly on or with a derivatives trading desk (regardless of asset class).

Salary Range

The expected base salary for this New York, New York, United States-based position is $150,000-$300,000. 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 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 class-leading benefits our firm has to offer..

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