Software Engineer, Global Banking & Markets, Goldman Sachs Electronic Trading (GSET)

The Goldman Sachs Group; New York, Cary (NY, NC); On-site; USD 150,000 - 300,000; Full time

Job summary

An established industry player is seeking a talented Software Developer to join their innovative Electronic Trading team. This role involves designing and implementing cutting-edge trading strategies for US Listed Options, ensuring high performance and adaptability to client needs. As part of a dynamic team, you'll collaborate with traders, sales, and compliance officers, driving the success of the trading platform. If you have a strong background in Java or C++, and a passion for algorithm design, this is an exciting opportunity to contribute to a leading firm in the financial sector.

Benefits

Competitive Salary

Discretionary Bonus

Wellness Offerings

Comprehensive Benefits Package

Qualifications

• 3 to 5 years of relevant work experience in trading platforms.
• Proficiency in Java or C++ with strong algorithm design skills.

Responsibilities

• Design and maintain high-performance Options trading strategies.
• Monitor trading performance and customize algorithms based on client needs.

Skills

Java

C++

Algorithm Design

Data Driven Trading Analysis

Communication Skills

Education

Bachelor's degree in STEM

Master's degree in STEM

Tools

Smart Order Router

Back Testing Tools

Low Latency Trading Systems

Job description

Goldman Sachs Electronic Trading - Software Developer - Associate Level

Goldman Sachs Electronic Trading (GSET) has launched an initiative to become the top provider in Electronic US Listed Options Trading by building superior technology and delivering high quality products. This vision is a multi-year investment in people, platforms and products. Join the team and participate in the development and launch of best-in-class products for top clients across the industry. We are looking for eager, nimble and ambitious trading platform developers to join our growing team of visionaries, and drive Goldman Sachs Electronic Trading to achieve and exceed our goals.

Your Impact

The Derivs Automation team is responsible for building algo, smart order router, order management system, and internalization for US Listed Options trading. The team is responsible for gathering requirements from internal/external clients, designing and developing trading strategies and trading platform, and monitoring trading performance for strategies. The team interfaces with clients, sales, trading, compliance, legal and other strats & engineering teams in the firm on a regular basis. The team plays a critical role in driving our Electronic Options Trading business.

Responsibilities

• Design, build and maintain high-performance, yet nimble and adaptive Options trading strategies for internal and external clients.


• Monitoring trading performance for strategies daily and building algo customization based on clients' needs.


• Deep understanding of US Options market structure, regulations, exchange service offerings and implementing changes to these on an on-going basis.


• Communication with traders, sales, clients and compliance officers about new feature requests, explanation of existing features etc.

Basic Qualifications

• Bachelor/Master's degree in STEM with 3 to 5 years of relevant work experience.


• Proficiency in either Java or C++


• Extensive experience with designing and implementing algorithm/smart order router for US Options trading


• Experience in data driven trading strategy performance analysis and optimizations


• Strong communication skills and the ability to work in a team

Preferred Qualifications

• Experience with designing and implementing algorithm/smart order router for Agency business


• Experience with building back testing for trading strategies


• Experience with Low latency trading strategy development


• Experience with supporting clients directly

Salary Range

The expected base salary for this New York, New York, United States-based position is $150000-$300000. 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.