Algo Developer - Electronic Trading - Vice President - GBM Public

The Goldman Sachs Group
$150000-$300000
United States, New York, New York
200 West Street (Show on map)
Dec 20, 2024
Goldman Sachs Electronic Trading - Algo Developer - Vice President - New York Goldman Sachs Electronic Trading (GSET) has launched an initiative to become the top provider in Electronic US Listed Options Trading by building superior technology and delivering high quality products. This vision is a multi-year investment in people, platforms and products. Join the team and participate in the development and launch of best in class products for top clients across the industry. We are looking for eager, nimble and ambitious trading platform developers to join our growing team of visionaries, and drive Goldman Sachs Electronic Trading to achieve and exceed our goals. Your Impact The Derivs Automation team is responsible for building algo, smart order router, order management system, and internalization for US Listed Options trading. The team is responsible for gathering requirement from internal/external clients, designing and developing trading strategies and trading platform, and monitoring trading performance for strategies. The team interfaces with clients, sales, trading, compliance, legal and other starts & engineering teams in the firm on a regular basis. The team plays a critical role in driving our Electronic Options Trading business. Responsibilities Design, build and maintain high-performance, yet nimble and adaptive Options trading strategies for internal and external clients. Monitoring trading performance for strategies daily and building algo customization based on clients' needs. Deep understanding of US Options market structure, regulations, exchange service offerings and implement changes to these on an on-going basis. Communication with traders, sales, clients and compliance officers about new feature requests, explanation of existing features etc. Basic Qualifications Bachelor/Master degree in STEM with 5 to 10 years of relevant work experience. Proficiency in either Java or C++ Extensive experience with designing and implementing algorithm/smart order router for US Options trading Experience in data driven trading strategy performance analysis and optimizations Strong communication skills and the ability to work in a team Preferred Qualifications Experience with designing and implementing algorithm/smart order router for Agency business Experience with building back testing for trading strategies Experience with Low latency trading strategy development Experience with supporting clients directly 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.