Goldman Sachs
Global Banking & Markets - FICC Commodities - SMM Trading - Vice President - New
Goldman Sachs, New York, New York, us, 10261
GLOBAL MARKETS
Goldman Sachs has been engaged in the commodities business since 1981 and is one of the leading players in the commodities markets across a wide variety of financial and physical products. It operates a fully integrated global commodities business that is able to offer services to clients spanning derivatives risk management and advisory, physical trading and logistics and structured finance products.
THE TEAM
The Systematic Market Making Commodities Trading team is responsible for making electronic markets across a variety of commodities including oil, gas, power and metals. The team has a wide remit including optimizing hedging and portfolio risk decisions, automating quoting, and developing algorithms and systematic strategies to trade derivatives. The team deploys statistical techniques and mathematical models to enhance the decision-making process across pricing, risk modelling and execution, with the overall aim of improving business performance while working closely with sales and the other trading desks.
ROLE RESPONSIBILITIES
Manage the day-to-day running of the trading book and associated portfolio risks from franchise flows across the core liquid commodities.
Perform systematic and quantitative research on external & internal data to improve pricing, risk modelling and execution decisions.
Implement systematic hedging and inventory management strategies/frameworks to manage risks centrally across asset classes.
QUALIFICATIONS
Excellent academic record in a relevant quantitative field such as physics, mathematics, statistics, engineering or computer science.
Strong programming skills in an object-oriented or functional paradigm such as C++, Java or Python.
3-4 years of experience in a trading or an automated trading function or at a cutting-edge technology company.
Self-starter with strong self-management skills, ability to manage multiple priorities and work in a high-pressure environment.
Excellent written and verbal communication skills.
SALARY RANGE 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.
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.
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., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.
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Goldman Sachs has been engaged in the commodities business since 1981 and is one of the leading players in the commodities markets across a wide variety of financial and physical products. It operates a fully integrated global commodities business that is able to offer services to clients spanning derivatives risk management and advisory, physical trading and logistics and structured finance products.
THE TEAM
The Systematic Market Making Commodities Trading team is responsible for making electronic markets across a variety of commodities including oil, gas, power and metals. The team has a wide remit including optimizing hedging and portfolio risk decisions, automating quoting, and developing algorithms and systematic strategies to trade derivatives. The team deploys statistical techniques and mathematical models to enhance the decision-making process across pricing, risk modelling and execution, with the overall aim of improving business performance while working closely with sales and the other trading desks.
ROLE RESPONSIBILITIES
Manage the day-to-day running of the trading book and associated portfolio risks from franchise flows across the core liquid commodities.
Perform systematic and quantitative research on external & internal data to improve pricing, risk modelling and execution decisions.
Implement systematic hedging and inventory management strategies/frameworks to manage risks centrally across asset classes.
QUALIFICATIONS
Excellent academic record in a relevant quantitative field such as physics, mathematics, statistics, engineering or computer science.
Strong programming skills in an object-oriented or functional paradigm such as C++, Java or Python.
3-4 years of experience in a trading or an automated trading function or at a cutting-edge technology company.
Self-starter with strong self-management skills, ability to manage multiple priorities and work in a high-pressure environment.
Excellent written and verbal communication skills.
SALARY RANGE 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.
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.
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., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.
#J-18808-Ljbffr