• Securities, FICC – Credit Systematic Market Making Quantitative Researcher

    Location(s) US-NY-New York
    Job ID
    2019-57404
    Schedule Type
    Full Time
    Level
    Managing Director, Vice President/Executive Director
    Function(s)
    Engineering, Quant/Strats
    Region
    Americas
    Division
    Engineering
    Business Unit
    FICC Am Systematic Mkt Making
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    YOUR IMPACT

    As a strat who sits in the Securities Division, you will play an integral role on the trading floor. You may develop automated trading algorithms for the firm and its clients or create cutting-edge derivative pricing models and empirical models to provide insight into market behavior. You might be involved in analyzing exposures and structuring transactions to meet client needs, or involved in designing and developing complex parallel computing architectures, electronic trading tools, and advanced algorithms. Throughout the Securities Division, strats are using quantitative and technological techniques to solve complex business problems.

     

    THE SECURITIES DIVISION

    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.

     

    Job Summary

    Candidates joining the Credit Systematic Market Making (SMM) Trading desk are engaged in market making and its related functions in US Credit and Muni products. The desk offers liquidity primarily in a principal capacity and trade with clients via vendor platforms and directly with clients intermediated by sales. Team members combine their mathematical, programming and market expertise to build and generate systematic strategies. The desk looks for individuals with strong mathematical skillsets, programming experience, and who are motivated to get hands on experience with algorithmic trading.

    RESPONSIBILITIES AND QUALIFICATIONS

    Responsibilities

    • Conduct signal generation research
    • Conduct research on trading cost models, liquidity models, risk models, and portfolio construction methodology

    Basic Qualifications 

    • Experience conducting research and applying statistical methods to large data sets
    • Programming experience in C++, Java, or Python
    • Masters or PhD in a scientific or quantitative discipline

    Preferred Qualifications

    • Past experience building quantitative signals in the Credit space

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