GBM - Public, ETF Trading, Vice President - New York

The Goldman Sachs Group Inc

New York, NY

JOB DETAILS
SALARY
$150,000–$300,000 Per Year
SKILLS
Algorithms, Analysis Skills, C++ Programming Language, Communication Skills, Computer Science, Data Analysis, Data Modeling, Data Science, Econometrics, Economics, Finance, Financial Analysis, Financial Modeling, Java, Liquidity, MATLAB, Machine Learning, Maintain Compliance, Mathematics, Microsoft Exchange Server, Performance Analysis, Performance Management, Predictive Modeling, Presentation/Verbal Skills, Problem Solving Skills, Profit & Loss, Programming Languages, Python Programming/Scripting Language, Quantitative Analysis, Quantitative Research, Risk, Risk Management, SQL (Structured Query Language), Statistics, Stock Market, Strategic Analysis, Strategic Planning, Team Player, Test Plan/Schedule, Writing Skills
LOCATION
New York, NY
POSTED
11 days ago

About the Role: We are seeking a highly skilled and motivated Systematic ETF Trader to join our dynamic trading team. The ideal candidate will be responsible for developing, testing, and executing systematic trading strategies focused on Exchange-Traded Funds (ETFs) across various asset classes. This is an excellent opportunity for a quantitative professional with a passion for financial markets and algorithmic trading.

Key Responsibilities:

  • Strategy Development: Design, develop, and implement algorithmic trading strategies that trade ETFs across global markets.
  • Data Analysis & Modeling: Utilize historical and real-time market data to identify inefficiencies and create predictive models that inform trading decisions.
  • Backtesting & Optimization: Conduct rigorous backtesting of trading strategies to ensure robustness and optimize for risk-adjusted returns.
  • Execution: Manage and execute trades through automated systems, ensuring minimal slippage, transaction costs, and market impact.
  • Risk Management: Monitor and manage trading risks, including market risk, liquidity risk, and operational risk, ensuring compliance with risk guidelines and limits.
  • Performance Analysis: Track and analyze the performance of strategies, identify areas for improvement, and implement iterative changes to enhance profitability and performance.
  • Collaboration: Work closely with quantitative researchers, data scientists, and other traders to refine strategies and improve performance.
  • Technology Integration: Leverage advanced tools and platforms for data analysis, strategy development, and execution (e.g., Python, SQL, MATLAB, etc.).

Requirements:

  • Education: Bachelor''s degree in Finance, Economics, Engineering, Computer Science, Mathematics, or a related field.
  • Experience: Proven experience (2+ years) as a quantitative trader, systematic trader, or similar role, with a strong focus on ETFs and algorithmic trading.
  • Technical Skills: Proficiency in programming languages such as Python, C++, Java, or similar, along with experience in financial modeling, data analysis, and backtesting.
  • Quantitative Skills: Strong background in statistics, econometrics, or machine learning techniques, with the ability to apply them to trading strategies.
  • Market Knowledge: Deep understanding of financial markets, especially ETFs, including structure, liquidity, and market microstructure.
  • Problem-Solving: Strong analytical and problem-solving skills with a keen ability to think critically and adapt to evolving market conditions.
  • Communication: Strong verbal and written communication skills for collaborating across teams and presenting findings to stakeholders.

The expected base salary for this New York, New York, United States-based position is $150,000-$300,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

About the Company

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The Goldman Sachs Group Inc