Goldman Sachs Asset Management
Job Location :
New York,NY, USA
Posted on :
2025-02-01T06:20:54Z
Job Description :
GBM, Public, Systematic ETF Trader, Vice President - New York New York, New York, United States JOB DESCRIPTION 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. Salary Range The expected base salary for this New York, New York, United States-based position is $150000-$300000. 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. JOB INFO Job Identification 140596 Job Category Vice President Posting Date 01/27/2025, 08:01 AM Locations New York, New York, United States We Offer Best-In-Class Benefits Healthcare & Medical Services 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 Holiday & Vacation Policies We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year. Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees' priorities. Health We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices. Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount). Childcare & Family We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available. Benefits at Goldman Sachs Read more about the full suite of class-leading benefits our firm has to offer.. Learn More
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