Securities - Desk Strat - FICC and Equity Derivatives Automation - Associate/VP

Location(s) UK-London
Job ID
2019-57437
Schedule Type
Full Time
Level
Associate
Function(s)
Quantitative Engineer
Region
EMEA
Division
Engineering
Business Unit
EQ Desk Strats
Employment Type
Employee

MORE ABOUT THIS JOB

SECURITIES

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

 

At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally.  From collaborative work spaces and ergonomic services to wellbeing and resilience offerings, we offer our people the flexibility and support they need to reach their goals in and outside of the office.

RESPONSIBILITIES AND QUALIFICATIONS

We are a team of desk strategists who work to transform the FICC and Equity Derivatives businesses at Goldman Sachs by automating the key decisions taken every day.  Our team has a wide remit including automatic quoting, optimizing hedging decisions and developing algorithms to trade derivatives on venues across Europe.  We also deploy statistical analysis techniques and mathematical models to enhance the decision making process, with the overall aim of improving business performance while working closely with traders and salespeople on the trading floor.

 

Role Responsibilities

  • Automate pricing of derivative products, providing fast and accurate prices in response to quote requests from our clients. 
  • Implement automated hedging algorithms, and build frameworks to manage risk centrally across asset classes.
  • Perform systematic and quantitative analysis of franchise flows and market data, driving business decisions and the design of our automation platform.
  • Work closely with sales and trading, support our automated pricing and trading systems.
  • Be involved with all stages of the software development life cycle with a range of technologies, and collaborate closely with engineering teams who support the underlying infrastructure and frameworks,

 

Basic Qualifications

  • Excellent academic record in a relevant quantitative field such as physics, mathematics, statistics, engineering or computer science.
  • Strong programming skills in an object oriented or functional paradigm such as C++, Java or Python.
  • At least 2 years’ experience.
  • Self-starter with strong self-management skills, ability to manage multiple priorities and work in a high-pressure environment.
  • Excellent written and verbal communication skills.
     

Preferred Qualifications

  • Experience implementing predictive statistical models, particularly non-linear regression/classification problems and Bayesian methods (hierarchical models, dynamic models, filtering etc).
  • Previous quantitative or technical role working on or with a derivatives trading desk (irrespective of asset class),
  • Knowledge of building automated trading systems and researching signals for use in a live trading environment.

ABOUT GOLDMAN SACHS

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



© The Goldman Sachs Group, Inc., 2020. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity