Electronic Trading Strats Compliance, Quantitative Software Engineer, Analyst/Associate

MORE ABOUT THIS JOB

GLOBAL COMPLIANCEOur division prevents, detects and mitigates comliance, regulatory and reputational risk across the firm and helps to strengthen the firm's culture of compliance. Compliance accomplishes these through the firm's enterprise-wide compliance risk management program. As an independent control function and part of the firm's second line of defense, Compliance assesses the firm's compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm's responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.

Department Summary Strats Compliance is a niche team of professionals in New York / New Jersey within the Electronic Trading Compliance Group that plays a central role in Compliance Division's strategy and is responsible for helping the Firm to manage its regulatory, operational and reputational risk related to electronic trading activities. This is a global team that works across U.S., EMEA, and Asia and covers all electronic trading products in the Fixed Income, Equities, Commodities, Forex and Futures markets.

Role Description

This role provides broad exposure to individuals across products, market structures across the globe, various algorithmic trading strategies and supporting technology systems. The team does in-depth analysis of order flows across different types of electronic trading activities, such as market making, risk facilitation and agency trading. The role challenges the individuals to become subject matter expert in the electronic markets, understand business and regulatory concerns and devise automated control mechanisms to improve our control structure. This individual's responsibilities will include:

  • Understanding business context and activity profile (e.g., securities traded, order types, software systems, testing infrastructure)
  • Evaluating control design and effectiveness through code reviews and other mechanism
  • Evaluating design of regression tests, devising scenarios to evaluate a range of conditions, including extreme market movements and boundary cases
  • Sharing leading practices with Business, Technology and Compliance teams
  • Provide thought leadership to review, analyze impact of and implement controls for new e-trading regulatory requirements (e.g., MiFID II, FX Code of Conduct)

Qualifications

  • Bachelor or Masters in applicable field e.g. computer science, computational finance etc.
  • 2+ years of experience in code development
  • Experience in testing is preferred
  • Experience in algorithmic trading technology is an advantage
  • Motivated and capable of independently performing code reviews
  • Knowledge of C/C++/Java and familiarity with Boost/JUnit is preferable
  • Ability to effectively review and analyze strategies and apply judgment to resolve issues
  • General understanding of a wide range of financial products

RESPONSIBILITIES AND QUALIFICATIONS

Department Summary Strats Compliance is a niche team of professionals in New York / New Jersey within the Electronic Trading Compliance Group that plays a central role in Compliance Division's strategy and is responsible for helping the Firm to manage its regulatory, operational and reputational risk related to electronic trading activities. This is a global team that works across U.S., EMEA, and Asia and covers all electronic trading products in the Fixed Income, Equities, Commodities, Forex and Futures markets.

Role Description

This role provides broad exposure to individuals across products, market structures across the globe, various algorithmic trading strategies and supporting technology systems. The team does in-depth analysis of order flows across different types of electronic trading activities, such as market making, risk facilitation and agency trading. The role challenges the individuals to become subject matter expert in the electronic markets, understand business and regulatory concerns and devise automated control mechanisms to improve our control structure. This individual's responsibilities will include:

  • Understanding business context and activity profile (e.g., securities traded, order types, software systems, testing infrastructure)
  • Evaluating control design and effectiveness through code reviews and other mechanism
  • Evaluating design of regression tests, devising scenarios to evaluate a range of conditions, including extreme market movements and boundary cases
  • Sharing leading practices with Business, Technology and Compliance teams
  • Provide thought leadership to review, analyze impact of and implement controls for new e-trading regulatory requirements (e.g., MiFID II, FX Code of Conduct)

Qualifications

  • Bachelor or Masters in applicable field e.g. computer science, computational finance etc.
  • 2+ years of experience in code development
  • Experience in testing is preferred
  • Experience in algorithmic trading technology is an advantage
  • Motivated and capable of independently performing code reviews
  • Knowledge of C/C++/Java and familiarity with Boost/JUnit is preferable
  • Ability to effectively review and analyze strategies and apply judgment to resolve issues
  • General understanding of a wide range of financial products

ABOUT GOLDMAN SACHS

The 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 reservedGoldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.


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