Global Banking & Markets, Public, SMM Macro Trading role, Associate/Vice President, Bengaluru in Bengaluru at honor foundations

Date Posted: 8/30/2024

Job Snapshot

Job Description

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, Global Markets and asset management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bangalore, Hong Kong and other major financial centres around the world.

Divisional Overview

The professionals in our Global Markets Division help institutional clients, including fund managers, financial service providers and large corporations, buy and sell financial instruments on exchange around the world. From developing trading strategies to the final clearing and execution of transactions, our professionals provide insights and strategies that help clients achieve their goals.

Role Overview

The role will be a part of Bangalore based Eq SMM Macro trading team which is an extension of the London desk. The team’s primary focus is to provide liquidity on European ETFs and Index tracking products in addition to growing our wallet share within these products. 

The team works closely with sales to cover clients from a trading perspective, taking and executing orders along with pursuing trading ideas.

Job responsibilities include, but are not limited to:

  • Delta risk management: Actively monitor delta risk across books; liaise with teams in other regions and strats to provide timely resolution of front to back discrepancies; be the primary owner of ETF, Futures flow management for day-to-day trading
  • Dividend integrity check: Regularly reconcile dividends posted on desk accounts and highlight any  discrepancies 
  • Inventory optimization & analysis metrics: Identify opportunities to optimize inventory strategy and reduce inventory carry cost
  • Pro-actively highlight and handhold any market settlement risk such as buy-ins. 
  • Overall book, and flag pricing / positional inefficiencies and errors in inventory
  • Pro-actively suggest and carry out front to back process automation/improvements via Python / VBA etc.

Basic Qualifications

  • Relevant Bachelor’s degree or equivalent qualification with an excellent academic record
  • CFA / CA / FRM preferred but not required.
  • 4-12 years’ experience in treasury, inventory management, trade management, financial controllers, or trading related roles.
  • Working knowledge of Python/Alteryx/Datalake will be an added advantage
  • Strong Interest in global financial markets and derivatives
  • Excellent communication and interpersonal (written and verbal) skills
  • Attention to detail
  • Ability to multi-task & deliver under pressure.
  • Solid work ethic and high levels of motivation

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., 2024. All rights reserved.

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