The Goldman Sachs Group, Inc

Quantitative Developer, Global Banking & Markets, Systematic Market Marking

The Goldman Sachs Group, Inc$150K — $250K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Advanced degree in Computer Science or Financial Technology
  • 5+ years of relevant experience
  • Advanced proficiency in C++
  • Experience with algorithm design for US trading
  • Proficient in data-driven trading strategy analysis
  • Strong teamwork and communication skills

Responsibilities

  • Design and maintain high-performance trading strategies for clients
  • Monitor and optimize daily trading performance for strategies
  • Implement regulatory and market structure changes continuously
  • Communicate effectively with traders, sales, clients, and compliance teams

Benefits

  • Comprehensive health and wellness offerings
  • Employee assistance programs
  • Retirement savings options
  • Flexible work arrangements
  • Professional development opportunities
Full Job Description
Job Description

The Systematic Rates Trading desk sits at the intersection of quantitative research, technology, and market-making execution. The team is responsible for overseeing the systematic trading, pricing, and risk management frameworks for global Rates products (including government bonds, interest rate swaps, and futures). We design, build, and manage real-time pricing engines, algorithmic hedging systems, and execution platforms that operate at scale in highly liquid and volatile markets.

Who We Look For

Quantitative developers are at the cutting edge of our business, solving real-world problems through a variety of analytical methods. Working in close collaboration with traders and salespeople, your invaluable quantitative perspectives on complex financial and technical challenges will power our business decisions.

We are seeking an exceptional software engineer and quantitative thinker with a "builder" mindset. You should thrive in a fast-paced, collaborative trading floor environment where you are expected to work independently, think critically, and take complete ownership of your projects.

Our ideal candidate will 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.

Responsibilities
  • Design, build, and maintain high-performance, yet nimble and adaptive trading strategies for internal and external clients.
  • Monitor trading performance for strategies daily and build algo customization based on clients' needs.
  • Utilize deep understanding of market structure, regulations, exchange service offerings and implement changes to these on an on-going basis.
  • Communicate with traders, sales, clients, and compliance officers about new feature requests, explanation of existing features, etc.


Basic Qualifications
  • Advanced degree in relevant technical field such as Computer Science or Financial Technology.
  • 5+ years of relevant work experience.
  • Advanced proficiency in C++.
  • Experience designing and implementing algorithms for US trading.
  • Experience in data-driven trading strategy performance analysis and optimizations.
  • Strong communication skills and the ability to work as part of a team.


Preferred Qualifications
  • Prior experience working as a Quantitative Developer or Software Engineer on a systematic trading desk, market-making team, or high-frequency trading (HFT) firm.
  • Strong understanding of Rates products (Treasuries, Swaps, Futures), yield curve modeling, and fixed-income analytics.
  • Experience with building back testing for trading strategies.
  • Experience with low latency trading strategy development.
  • Experience supporting clients directly.


Salary Range
The expected base salary for this New York, New York, United States-based position is $150,000-$250,000. 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

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

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

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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