Equities - Options Algo Developer



What We Do

At Goldman Sachs, our Engineers don't just make things - we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets .

Engineering, which is comprised of our Technology Division and global Strategists groups, is at the critical center of our business, and our dynamic environment requires innovative strategic thinking and immediate, real solutions. Want to push the limit of digital possibilities? Start here.



Your Impact

As a member of the team, you will play an integral role on the trading floor. You will be involved in designing and developing complex execution and routing algorithms, and electronic trading tools. This is a dynamic, entrepreneurial team with a passion for technology and the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor. The team takes a data driven approach to decision making, using both data from our algorithms interacting with the market as well as publicly available market data.

You will have the opportunity to understand option market microstructure, exchange service offerings, regulations, and implement changes according to these things on an on-going basis. You will also communicate with traders, sales teams, clients and compliance officers about new feature requests, explanation of existing features etc.

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities

The US Option Algo strats are part of GSET (Goldman Sachs Electronic Trading) within the Securities Division of Goldman Sachs. Throughout the Securities Division, strats are using quantitative and technological techniques to solve complex business problems. Our goal is to serve our large client base, which includes corporations, financial service providers, and fund managers.

The US Option Algo team is responsible for developing highly specialized equity execution and routing strategies for the US markets. Their work includes design, development, testing, support, and monitoring trading performance for strategies running on low latency automated trading platforms. The team has a strong focus on providing a best in class algorithmic trading offering to Goldman Sachs' electronic trading clients, and also provides algorithms to traders internal to GS. With an objective of improving execution quality in a quickly evolving marketplace, there is a rapid pace of software development and deployment. The team consists of self-guided pragmatic individuals who are motivated to change the status quo in calculated ways.



Who We Look For

Goldman Sachs Engineers are innovators and problem-solvers, building solutions in risk management, big data, mobile and more. We look for creative collaborators who evolve, adapt to change and thrive in a fast-paced global environment.



Basic Qualifications

  • Excellent knowledge of Object Oriented Programming, data structures, algorithms and design patterns (Java or C++ Preferred)
  • Strong communication skills and the ability to work in a team

Preferred Qualifications
  • Experience in developing Equities Listed Options trading strategies
  • Good understanding of Options Greeks, pricing, complex strategies
  • SQL, Groovy, R, Python.
  • Data analysis and statistical modeling experience.
  • Familiarity with Global Equity Markets
  • Familiarity with Functional Programming

WHO WE ARE

At Goldman Sachs, our Engineers don't just make things - we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets.

Engineering, which is comprised of our Technology Division and global Strategists groups, is at the critical center of our business, and our dynamic environment requires innovative strategic thinking and immediate, real solutions. Want to push the limit of digital possibilities? Start here.

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., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.


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