The Goldman Sachs Group, Inc

Asset & Wealth Management, Trading & Market Strategies - Execution Quantitative Researcher, Vice President - New York

The Goldman Sachs Group, Inc$125K — $250K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Advanced degree in Mathematics, Physics, Computer Science, Financial Engineering, or Statistics.
  • 5+ years in quantitative research or trading, ideally on the buy-side or in algorithmic execution teams.
  • Excellent Python programming skills with understanding of software design principles.
  • Familiarity with KDB+/Q or similar for large data analysis, especially tick data.
  • Strong experience in statistical modeling, machine learning, and optimization techniques.
  • Knowledge of trading market microstructure for Equities and at least one Futures or Options market.
  • Proficiency in various trade execution algorithms and Transaction Cost Analysis (TCA).
  • Experience using generative AI tools to enhance research and analytics.

Responsibilities

  • Conduct empirical research on trading performance for Equities, Futures, and Options.
  • Enhance analytical databases for Transaction Cost Analysis (TCA) and perform venue analysis.
  • Develop broker-side scorecards and execute A/B tests for trading strategies.
  • Monitor market structure developments and create automated reports for Portfolio Managers.
  • Build and maintain quantitative tools for trade estimations and evaluations.
  • Support and oversee trading activities facilitated by trading systems.

Benefits

  • Comprehensive and competitive benefits package.
  • Wellness offerings tailored to support employee experience.
  • Benefits available to both full-time and part-time employees working over 20 hours per week.
Full Job Description
Job Description

Central Trading and Market Strategies

The Central Trading and Market Strategies desk is a high-impact team responsible for the trading of Equities, ETF, Futures, and Options portfolios globally for the Quantitative Investment Strategies (QIS) and Fundamental Equities investment funds. We sit at the intersection of technology and investment management, leveraging data-driven insights to optimize trade execution performance. Given the scale and high volume of our global trading activity, execution quality and market impact are critical to fund performance and to how the funds operate overall. We are seeking a trading quant to join our systematic trading research team. This role focuses on the rigorous analysis of trading performance, supporting our systematic trading processes, and providing research and execution insights to support alpha retention and execution optimization.

Key Responsibilities:
  • Conduct empirical research on trading performance and execution strategies to optimize the performance of various funds and mandates across Equities, Futures, and Options.
  • Enhance and support analytical databases and libraries for Transaction Cost Analysis (TCA). Perform deep-dive venue analysis to evaluate liquidity quality and routing logic.
  • Develop and maintain broker-side scorecards; design and execute A/B tests for new trading ideas and broker algorithms to drive continuous improvement.
  • Monitor global market structure developments and build tools to automate the production of market structure reports for Portfolio Managers and the trading desk.
  • Help build and maintain quantitative tools and libraries used for pre-trade estimation, post-trade evaluation, and market structure research.
  • Support and monitor trading done via the trading systems.

Desired Skills & Experience:
  • Advanced degree (Master's or PhD) in a quantitative field such as Mathematics, Physics, Computer Science, Financial Engineering, or Statistics.
  • 5+ years of experience in a quantitative research or trading role, preferably on the buy-side (Asset Management or Hedge Fund) or within a sell-side algorithmic execution team.
  • Excellent Python programming skills and strong understanding of software design and principles.
  • Experience with KDB+/Q or similar databases and tools for analyzing large data sets such as tick data.
  • Strong familiarity with advanced statistical modeling, machine learning, market dynamics modeling, and optimization techniques.
  • Familiarity with trading and market microstructure of Equities and at least one Futures or Options markets.
  • Good knowledge of various trade execution algorithms (e.g. VWAP/IS/Liquidity Seeking) and Transaction Cost Analysis (TCA).
  • Experience using generative AI and agentic AI tools to automate research workflows, code generation, and analytical tasks.
  • Strong communication skills, with theability to translate complex quantitative findings into clear, actionable insights for various stakeholders, including Portfolio Managers.


Salary Range
The expected base salary for this New York, NY, United States-based position is $125000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

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Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

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Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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