Global Banking & Markets Division - Strats - Embedded Control Strats
GLOBAL BANKING & MARKETS DIVISION In Global Banking & Markets 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 energised by a bustling trading floor. We combine engineering, research, risk management, control design and trading expertise to deliver solutions for our clients and advance the firm’s trading goals.
YOUR IMPACT No trading system or business is complete without an integrated and thoughtful approach to controls and risk management. Our cutting-edge high-speed trading systems and products present a unique challenge in this regard. This role is critical to the successful innovation and delivery of our applications. It is a unique opportunity to interface across many levels and teams, backed by a strong mandate to deliver. We are hiring within several important areas:
- Equities SMM. SMM is a systematic market making business covering European equities, equity futures and ETFs. SMM focuses on providing liquidity to clients, primarily via electronic channels using automated trading.
- FICC SMM. FICC SMM covers foreign exchange, commodities, interest rates, and credit.
- Equity Derivatives, covering GS market-making and risk management activities for Equity Derivatives products (including Equity options/warrants, variance/volatility swaps, convertible bonds, margin loans, among others).
Our mission is to grow the franchise, increase innovation across the division, generate standalone revenues and run the business in a truly systematic fashion such that required human involvement/intervention scales sub-linearly with the number/volume of products we trade or clients we serve.
RESPONSIBILITIES: - Designing, developing and maintaining controls for cutting-edge trading and quoting platforms.
- Documenting trading controls and activities for consumers both inside and outside of the team.
- Collaborating with cross-functional teams to understand business requirements and translate them into actionable solutions.
- Responding to information requests from regulators and control functions across the firm, such as Compliance, Risk and Internal Audit. The role may involve face to face interacting with both internal and external parties.
- Managing work to address follow-ups to production incidents and other operational risk events.
- Communicating complex technical concepts and findings to non-technical stakeholders in a clear and concise manner.
SKILLS & EXPERIENCE - Knowledge of electronic/algorithmic or equity derivatives trading systems and controls
- Proficiency in creating and maintaining complex technical documentation.
- Strong academic background in Computer Science or an analytical field such as Mathematics, Physics, Engineering.
- Knowledge of European market structure including understanding of Regulated Markets, MTFs and Systematic internalisers, or equity derivatives pricing & risk management.
- A background in trading, development, testing, operations, audit, compliance, control design or operational risk or risk frameworks.
- Proficiency in programming language like Python, Java or C++.
- Interest in developments in the global financial regulatory environment.
- The ability to communicate clearly and to lead conversations on technical topics.
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
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