GMD - Equities GSET Strats - Software Developer

Location(s) US-NY-New York
Job ID
2021-74646
Schedule Type
Full Time
Level
Vice President
Function(s)
Quantitative Engineer
Region
Americas
Division
Engineering
Business Unit
Equity GSET Strats
Employment Type
Employee

MORE ABOUT THIS JOB

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.

 

At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally. From collaborative work spaces and mindfulness classes to working from home and flexible work options, we offer our people the support they need to reach their goals in and outside the office.

 

Goldman Sachs Electronic Trading (GSET) has launched an initiative to become the top provider in electronic trading by building superior technology and delivering high quality products. This vision is a multi-year investment in people, platforms and products. Join the team, and participate in the development and launch of best in class products for top clients across the industry. We are looking for eager, nimble and ambitious engineers to join our growing team of visionaries, and drive Goldman Sachs Electronic Trading to achieve and exceed our goals.

 

One Delta Electronic Trading Risk

 

One Delta Electronic Trading Risk is a front-office team within the equities one delta business unit, responsible for electronic trading risk management and control framework.

 

The group works closely with a number of trading desks including GSET Sales trading, Shares trading, Portfolio trading, Systematic market making as well as Execution Strats, Legal, Compliance, Internal Audit, and other various 2nd line control functions. The role requires a combination of technical capability, risk judgement, and good knowledge of equity markets.

RESPONSIBILITIES AND QUALIFICATIONS

The team’s core responsibilities include:

  • Design and calibration of e-trading risk controls, including detailed analysis of prior electronic trading patterns
  • Monitoring of algorithmic trading activity along with electronic trading control alerts
  • Providing recommendations to One Delta leadership regarding a variety of operational risk decisions
  • Liaison with 2nd and 3rd lines of defense control functions
  • Assisting with the preparation of responses to regulatory inquiries
  • Providing governance within the One Delta business unit for new business initiatives
  • Thought leadership and contribution to divisional and firmwide e-trading controls initiatives

The successful candidate will have:

  • Detailed knowledge of electronic trading systems and controls
  • Thorough knowledge of Americas equity market structure including detailed understanding of internalizers and alternative trading systems (ATSs)
  • Familiarity with Americas equity regulations, market access rules, and key exchange rules
  • A strong grasp of securities databases and SQL
  • A track record of sound risk management judgement
  • A drive to both reduce operational risk and facilitate rapid business development

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



© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity