The Goldman Sachs Group, Inc

Global Banking & Markets - New York - Vice President, Trading - 9032011

The Goldman Sachs Group, Inc$189K — $360K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Mathematics, Economics or related quantitative field.
  • Five years of experience in trading roles or related positions.
  • Proven expertise in analyzing market views and managing risk portfolios for short-dated rates financial products.
  • In-depth understanding of macroeconomic and regulatory policies, particularly the Federal Reserve and other financial regulations.
  • Advanced skill in developing economic models for business capital deployment.

Responsibilities

  • Conduct in-depth analysis of U.S. monetary and fiscal policy.
  • Create and maintain models for deploying financing resources based on various economic indicators.
  • Manage risk and execute trades related to fixed income instruments.
  • Build collaborative relationships with sales, operations, and structuring teams.
  • Communicate real-time economic insights to clients and firm management.
  • Collaborate with strategists to develop automated pricing and risk management models.
  • Train junior team members on trading strategies and operational tasks.

Benefits

  • Comprehensive health coverage including medical and dental insurance.
  • Retirement savings plan with employer matching contributions.
  • Generous paid time off and flexible work arrangements.
  • Professional development programs and mentorship opportunities.
  • Access to cutting-edge financial technology and resources.
Full Job Description
Job Duties: Vice President, Trading with Goldman Sachs & Co. LLC in New York, New York. Conduct analysis of U.S. monetary, fiscal and regulatory policy in conjunction with macroeconomic and geopolitical developments to assess their impact on global liquidity and funding markets by tracking economic data including, but not limited to, major releases such as Federal Reserve Open Market Committee meetings and minutes, labor market data, inflation releases, ISMs and PMIs, retail sales reports, and GDP releases, in addition to the Firm's own high frequency indicators tracking current activity. Create, maintain, and apply models and methods for deploying the Firm's financing resources based on macro and micro-economic models, incorporating constraints such as customer demand, return on regulatory resources, and maturity/volatility/credit constraints. Responsibilities may include changing & executing orders, managing risk of related books, and building relationships with sales, operations, engineering and structuring teams to facilitate client business. Regularly communicate insights to clients and firm management requesting the team's opinion of economic and market conditions in real time. Collaborate with strategists and engineers to develop models and automated approaches to pricing, hedging, and managing interest rate, funding, FX, and credit risk. Train junior team members on various economic analyses, trading strategies, and operational tasks. Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Finance, Mathematics, Economics, Financial Economics, or a related quantitative field and five (5) years of experience in job offered or a related trader role. Must have five (5) years of experience with the following: analyzing market views and risk portfolios for short-dated rates financial products, using macroeconomics, monetary policy, and regulatory policy knowledge; creating and maintaining economic and financial models and frameworks for deploying business capital, based on macro, regulatory, and client constraints; advanced knowledge of Monetary Policy, Federal Reserve, Securities Exchange Commission, Federal Deposit Insurance, and Basel Capital and Liquidity rules; trading and managing a portfolio of fixed income instruments, including Foreign Exchange (FX), futures, cash, interest rate products, and repos; developing presentations on current macroeconomic and geopolitical events, and financial regulations for meetings with C-Suite executives, corporate boards of directors, or regulators; researching economic models and fund flows that drive the quantum and timing of various issuances of debt and their impact on the evolution of short-term interest rates, including Repo, Treasury bill, and Treasury coupon rates; producing content for clients, including trade ideas and perspectives on major economic and market developments, and developing solutions for challenges by leveraging financial engineering, product and market knowledge; working in a large scale global multi asset trading financial institution across multiple asset classes; and working with object-oriented and functional programming concepts. FINRA Series 63 and 7 required. Salary Range: Annual base salary for this New York, New York -based position is $189,000-$360,000

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

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

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.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

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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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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
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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