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GBM, Public, Systematic ETF Trader, Associate - New York

Goldman Sachs
New York, NY Full Time
POSTED ON 1/28/2025
AVAILABLE BEFORE 2/26/2025
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-$225000. 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 .

Salary : $150,000 - $225,000

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