What are the responsibilities and job description for the Global Banking & Markets- New York- Vice President, Trading - 7801337 position at Goldman Sachs?
Job Description
Job Duties: Vice President, Trading with J. Aron & Company LLC in New York, New York. Work with a broad base of institutional investors including banks, asset managers, insurance companies, and hedge funds, and focus on the secondary market trading of Foreign Exchange (FX) volatility in Global Currencies & Emerging Markets. Responsible for trading and market making in Foreign Exchange Options products and for risk management arising from facilitation of client demand. Hedge new and existing trades using derivatives and securities. Conduct detailed, in-depth analysis of new and existing positions for the purpose of pricing and risk management. Evaluate models for vanilla and exotic option payoffs to determine best practices for model usage and risks. Work with structuring and sales personnel to identify and evaluate potential investment opportunities; participate in the presentation of ideas. Work alongside Legal, Compliance, and Operations groups to evaluate documentation terms and enact proper trade capture. Identify new client opportunities and grow and maintain existing client relationships. Draw upon resources across the Firm to deliver the best service to clients. Provide regular market commentary to the Firm’s Global Currencies & Emerging Markets sales and client base. Train juniors in desk practices and protocols and educate both sales and trading analysts and associates on desk pricing and risk management.
Job Requirements: Bachelor’s degree (US or foreign equivalent) in Finance, Economics, Mathematics, or a related quantitative field. Five (5) years of experience in the job offered or in a related position. Must have One (1) years of experience with: modeling derivatives and deploying complex modeling knowledge for market-making of options; employing risk-management frameworks for dynamically hedging positions; understanding and addressing the evolving dynamics of a multi-billion dollar portfolio of trades and their hedges; liaising with traders, salespeople, structuring, operations, and management; interfacing with clients to assist in implementation of specific risk management intentions; applying knowledge of Financial Derivatives to price Non-deliverable and Deliverable Foreign Exchange swaps; applying correlations between local equities, bond markets and currencies in developed markets to generate relative value trade ideas; communicating trade and market ideas to clients; working with Reuters, Bloomberg, MS Excel and Foreign Exchange pricing tools to price complex options, manage risk, communicate with clients and follow market trends/events to make sure the desk is appropriately positioned; and working in a Foreign Exchange or Emerging Markets position. Domestic and international travel required to visit customers on-site (approx. two to four trips per year).
Salary Range: Annual base salary for this New York, New York -based position is $250,000/year - $295,000/year.
©The Goldman Sachs Group, Inc., 2025. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Job Duties: Vice President, Trading with J. Aron & Company LLC in New York, New York. Work with a broad base of institutional investors including banks, asset managers, insurance companies, and hedge funds, and focus on the secondary market trading of Foreign Exchange (FX) volatility in Global Currencies & Emerging Markets. Responsible for trading and market making in Foreign Exchange Options products and for risk management arising from facilitation of client demand. Hedge new and existing trades using derivatives and securities. Conduct detailed, in-depth analysis of new and existing positions for the purpose of pricing and risk management. Evaluate models for vanilla and exotic option payoffs to determine best practices for model usage and risks. Work with structuring and sales personnel to identify and evaluate potential investment opportunities; participate in the presentation of ideas. Work alongside Legal, Compliance, and Operations groups to evaluate documentation terms and enact proper trade capture. Identify new client opportunities and grow and maintain existing client relationships. Draw upon resources across the Firm to deliver the best service to clients. Provide regular market commentary to the Firm’s Global Currencies & Emerging Markets sales and client base. Train juniors in desk practices and protocols and educate both sales and trading analysts and associates on desk pricing and risk management.
Job Requirements: Bachelor’s degree (US or foreign equivalent) in Finance, Economics, Mathematics, or a related quantitative field. Five (5) years of experience in the job offered or in a related position. Must have One (1) years of experience with: modeling derivatives and deploying complex modeling knowledge for market-making of options; employing risk-management frameworks for dynamically hedging positions; understanding and addressing the evolving dynamics of a multi-billion dollar portfolio of trades and their hedges; liaising with traders, salespeople, structuring, operations, and management; interfacing with clients to assist in implementation of specific risk management intentions; applying knowledge of Financial Derivatives to price Non-deliverable and Deliverable Foreign Exchange swaps; applying correlations between local equities, bond markets and currencies in developed markets to generate relative value trade ideas; communicating trade and market ideas to clients; working with Reuters, Bloomberg, MS Excel and Foreign Exchange pricing tools to price complex options, manage risk, communicate with clients and follow market trends/events to make sure the desk is appropriately positioned; and working in a Foreign Exchange or Emerging Markets position. Domestic and international travel required to visit customers on-site (approx. two to four trips per year).
Salary Range: Annual base salary for this New York, New York -based position is $250,000/year - $295,000/year.
©The Goldman Sachs Group, Inc., 2025. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Salary : $250,000 - $295,000
