• ION Risk and Models - FICC

    Location(s) US-NY-New York
    Job ID
    Schedule Type
    Full Time
    Engineering, Quant/Strats
    Business Unit
    FICC Desk Strats
    Employment Type


    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 energized by a bustling trading floor.


    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 is at the critical center of our business, and our dynamic environment requires innovative strategic thinking and immediate, real solutions. 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. Want to push the limit of digital possibilities? Start here.


    Fixed Income, Currency, and Commodities (FICC) Engineering plays a key role in the firm’s
    ability to provide liquidity and execution services for institutional clients around the world, two important revenue drivers for the firm. In FICC Engineering we use both open source industry standard and internal proprietary technologies to build cutting edge platforms for pricing, execution, and control over each of these millions of transactions.


    Your Impact

    As a Risk and Models developer on the ION team, you will be working directly with the firm’s Credit, Latam and Mortgage trading desks. As the Fixed Income market rapidly electronifies, the ION team is focussed on redesigning the full stack of our technological solutions to meet the changing market environments. This ranges from developing efficient pricing and risk models across these desks, building massively scalable risk and pnl systems, building services for quoting and analytics, and architecting low latency infrastructure solutions. We use world class internal systems, open-source components and best of breed commercial products to achieve this end.



    Who We Look For

    An ideal candidate would have strong a strong technical background and problem solving skills, drive to investigate and learn new ideas, and the judgement to deliver quick yet robust solutions.


    Basic Qualifications

    • Bachelors/MS or PhD in a quantitative field - Engineering, Computer Science, Applied Mathematics, Physics.
    • Strong programming background in an object oriented language
    • Excellent written and verbal communication skills.
    • Ability to work in a high-pressure environment and deliver accurate results quickly.
    • Ability to solve problems and to explain the ideas that underlie them.
    • Interest/familiarity with financial modelling


    Preferred Qualifications

    • Experience working with real-time systems
    • Knowledge of fixed income financial markets / basic financial modelling.


    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., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.