Job Description

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally.  From collaborative work spaces and ergonomic services to wellbeing and resilience offerings, we offer our professionals the flexibility and support they need to reach their goals in and outside the office. 

Job Summary & Responsibilities

• Assisting the daily risk management of the Systematic Market Making ETF (SMM ETF) trading desk (executing hedges, developing risk management strategies and utilities) with a focus on EMEA listed ETFs
• Developing a cross-function, cross-asset and cross-regional network within the firm
• Learning how to trade a broad and complex set of products (and the models and markets, as well as the operational and legal framework necessary to trade)
• Working with other traders on the desk and the strats to develop new execution algorithms, pricing / risk management strategies, or enhance existing ones.
• Working with sales and strats to expand overall franchise business

SMM ETF trading is part of the One Delta Macro trading team. The desk delivers liquidity solutions for clients in cash equity products across developed market EMEA. This is achieved through the active management of client relationships, optimising ETF, Stocks and Futures inventory and diligently handling risk. Automation is at the heart of SMM and is a key enabler for both business scale and trader’s specialisation.

Basic Qualifications

• Excellent academic background, ideally in a highly quantitative subject (Mathematics, Physical, Engineering, Finance/Financial Economics or Computing)
• Excellent written and verbal communication skills
• Interest and knowledge in financial markets and products (derivatives knowledge is a plus)
• Great attention to detail, ability to multi-task
• Previous programming experience will be a plus
• Previous experience in trading and risk managing equity/single stocks / indices will be a plus

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

', 'CorporateDescriptionStr' : '', 'OrganizationDescriptionStr' : '', 'ShortDescriptionStr' : 'SMM ETF trading is part of the One Delta Macro trading team. The desk delivers liquidity solutions for clients in cash equity products across developed market EMEA. This is achieved through the active management of client relationships, optimising ETF, Stocks and Futures inventory and diligently handling risk. Automation is at the heart of SMM and is a key enabler for both business scale and trader’s specialisation.', 'ContentLocale' : 'en', '