Securities, FICC, FX Algo Sales Strat, VP, New York

Goldman Sachs’ Strats business unit is a world leader in developing quantitative and technological techniques to solve complex business problems. Working within the firm’s trading, sales, banking and investment management divisions, strats use their mathematical and scientific training to create financial products, advise clients on transactions, measure risk, and identify market opportunities.

Roles within Securities Strats

Securities Strats play important roles in several areas. Some Strats sit on trading desks, creating cutting-edge derivative pricing models and developing empirical models to provide insight into market behaviour. Others develop automated trading algorithms for the firm and its clients, taking an active part in the increasing shift from voice to electronic trading. A third group works directly with the firm’s sales force and clients, analysing exposures, structuring transactions, and applying quantitative concepts to meet client needs. Between these teams, Core Strats design and develop complex parallel computing architectures, electronic trading tools, and advanced algorithms.

Job Summary and Responsibilities

The Global FICCS eProduct team is responsible for strategy and product development of the electronic trading business (eFX) within the Foreign Exchange Franchise at GS. Our team drives strategy, design and development of electronic products including mobile trading solutions, GS desktop trading applications (Marquee Trader), API products to third party channels (e.g. Bloomberg) as well as Algorithmic Execution (FX Algos) solutions for the FX Franchise as well as Internal FX Traders.

The team is looking for a VP to work with specific focus on FX Algos. A successful candidate will:

  • Liaise with eFX Trading, Sales, Quants, IT, Ops and Compliance to manage Product Development and parameter optimisation of existing and new Algos on both the front-end and the back-end
  • Work with Sales and Trading to identify clients who may have appetite for Algo Execution and prepare tailored pitches
  • Conduct high-level FX market microstructure and execution strategy analysis, and present these results to both internal and external audiences
  • Guide the development of pre-trade, real-time monitoring and post-trade analytics infrastructure and tools for both internal and external audiences
  • Regularly interact with clients to provide them with Execution Analysis and Market Colour to help them optimise their use of FX Algos
  • Seek to understand where Algo Execution fits within the rapidly evolving competitive and regulatory landscape in the eFX space
  • Work with 3rd party vendors to understand their product development cycles as well as distribute FX Algo products via those channels

Basic QualificationsBasic Qualifications

  • Based in New York
  • A passion for technology, a good understanding of the architecture of complex technological systems and an interest in developing technical solutions to empower/scale the business
  • A Bachelors/Masters degree in a quantitative discipline
  • Past experience with analysis of large data sets
  • Project management skills to organise Quant and IT development and timelines
  • Strong interpersonal and communication skills, as the role requires the ability to break down a technical conversation to a non-technical person and vice-versa
  • Self-motivated and an inquisitive nature to study any open problem in the eFX space using both a top down and bottom up approach

Preferred QualificationsPreferred Qualifications

  • Product Development or User experience/design experience a significant plus
  • Electronic Financial markets experience a significant plus
  • Experience with constructing and archiving large data sets and a knowledge of SQL – strongly preferred but not required
  • Knowledge of Econometrics/Statistics
  • Detail-oriented with the ability to manage multiple projects and deliver solutions on a tight timeline
  • Good presentation skills and an ability to pitch products persuasively to both internal and external audiences

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet. © The Goldman Sachs Group, Inc., 2015. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet. © The Goldman Sachs Group, Inc., 2015. All rights reserved.

Back to top