• FICC - GS Techs

    Location(s) US-NY-New York
    Job ID
    2017-38767
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    Quant/Strats
    Region
    Americas
    Division
    Securities
    Business Unit
    FICC Franchise Sales Strats
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    What We Do

     

    GS Techs is the Technical Strategy group of the Goldman Sachs Securities Division. The team focuses on price action analysis of the Foreign Exchange, Commodity, Interest Rate and Equity Markets. It employs classic technical analysis tools with an overlay of Elliott Wave techniques to cultivate short-/medium-/long-term technically driven views/themes in developed and emerging markets. Short-term chart analysis is conducted to find tactical opportunities to position or hedge in line with these underlying themes. GS Techs works with a wide variety of asset and liability side clients across the three major regions; Americas, EMEA and Asia.

     

    Your Impact

     

    As a strategist who sits in the Securities Division, you will play an integral role on the trading floor. You may create cutting-edge technical analysis models to provide insight into market behavior, or develop automated trading algorithms for the firm and its clients. You might be involved in analyzing trends and producing market content to meet client needs, or involved in designing and developing complex parallel computing architectures, electronic trading tools, and advanced algorithms. Throughout the Securities Division, strategists use quantitative and technological techniques to solve complex business problems. 

    RESPONSIBILITIES AND QUALIFICATIONS

    Responsibilities

     

    You will be asked to apply your quantitative and creative skills to develop and enhance models that are reliant on technical analysis, back-testing and optimization. These models may be used in client facing and internally distributed publications. You will also help automate the workflow by developing systematic quantitative solutions to drive efficiency in the production of content for clients internally and externally. 

    • Quant-Technicals
      • Produce regular standing product and content covering quant-technical topics ranging from intermarket rotation/correlations, sentiment/behavior, momentum/trend, market timing, flow, breadth
        • Both integrated and independent of the existing publications (Top Techs, Charts That Matter)
      • Programming skills required/preferred: Java/C++ and/or Python, R, Matlab
      • Automate market trading signals to support/complement/expand on existing GS Techs products
    • Stakeholders: FICC Securities
      • Build rapport, ongoing relationship with clients via calls, meetings and chats
      • Become a resource to Sales and Trading on all subjects relating to systematic/quantitative technicals
      • Resident techs expert for internal sales/trading meetings, share views regularly on Sales/Trading calls
      • Use own/GS Techs’ high conviction views as an input into options/derivatives trade ideas
      • Custom or reverse inquiry work for specific clientele
    • Collaborative opportunities:
      • Develop, backtest and optimize algorithmic models established on technical analysis theories
      • Collaborate with FX Trading Desk to create custom signals
      • Collaborate with Systematic Trading Strategies team to create a separate indexed strategy that can be marketed externally to clients
    • Asset class coverage:
      • Macro: FX, Rates, Equities (excluding single name), Commodities

     
    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

    • BS/MS/PhD degree in a STEM/quantitative field
    • Strong software development skills 
    • Excellent communication/writing skills

    Preferred Qualifications 

    • Familiar and willing to learn about technical analysis
    • Project/work experience in quantitative finance
    • Ability to work autonomously, think creatively and have a problem-solving attitude 

     

    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.