MORE ABOUT THIS JOB
Associate-Trading with Goldman Sachs & Co. LLC in New York, NY.
Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)
RESPONSIBILITIES AND QUALIFICATIONS
Duties: Associate-Trading with Goldman Sachs & Co. LLC in New York, NY. Develop, monitor and deploy a global electronic listed derivatives market making system. Responsibilities include: Observe market phenomena to develop concrete and demonstrably profitable strategies using complex mathematical and statistical techniques. Deploy these strategies using highly complex algorithms in a live trading environment, and to monitor the strategies' ongoing performance for continued profitability. Responsible for the risk-management of a large book of hundreds of thousands of options, futures and stock and ETF positions; the pricing and execution of complex derivatives strategies; interacting with brokers; managing, evaluating and systematizing the financial risk of the portfolio.
Job Requirements: Bachelor's degree (U.S. or equivalent) in Physics, Mathematics, Computer Science or a related field. Three (3) years of experience in the job offered or in a related quantitative financial position. Prior work experience must include: Experience with U.S. financial market structures including (order book mechanics) in stocks and ETFs on the major U.S. equity venues; Experience with futures and fixed income products; Experience with the development, deployment and operation of an execution management system/order management system for equities trading and sales trading; Experience with financial information eXchange (FIX) or binary protocols for communications with exchanges; knowledge of order types and execution styles; Experience with structured UAT, quality assurance procedures, performing and providing testing scenarios, issue tracking tools such as JIRA; Experience with trading environments in developed and emerging markets; Experience working with a global team and/or having global exposure where remote communication is required, in order to liaise with traders, sales people, developers and business management professionals across regions; Knowledge of financial risk management, VaR, margin requirements; Knowledge of derivative pricing including Black-Scholes, dynamic hedging, gamma-trading, complex options strategies hedging; Knowledge of derivative trading, hedging and risk management methodology; Experience in generating, presenting and defending trading ideas in derivative products to traders and sales; Experience with the manipulation and transformation of large data sets; Experience in SQL, VBA or other data-manipulation and aggregation languages and scripting languages; Using Bloomberg terminal. FINRA Series 7, 63 and 55 eligibility required.
ABOUT GOLDMAN SACHSThe Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. © The Goldman Sachs Group, Inc., 2017. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.
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