Global Banking & Markets - New York - Associate, Trading - 3680885

Goldman Sachs • New York, NY

9h • $134,000 - $195,000 • Onsite

About The Position

This role is responsible for making prices and executing trades in interest rate options and exotics products, primarily on behalf of the firm's clients. The position involves managing risk, building relationships with internal teams and clients, identifying potential transactions, and structuring and pricing new deals. The Associate will also manage ongoing market risks post-execution.

Requirements

• Bachelor’s degree (U.S. or foreign equivalent) in Economics, Finance, Financial Engineering, Computational Finance, or a related field.
• Two (2) years of experience in the job offered or a related role.
• Two (2) years of experience working with interest rates derivatives including futures, swaps, vanilla and exotic options.
• Two (2) years of experience with pricing parameters, risks, market conventions, and market structure.
• Two (2) years of experience conducting quantitative analysis on complex trading products, including working with mathematical valuations and probability weighted outcomes and applying this analysis to provide liquidity and manage risk.
• Two (2) years of experience presenting trade and hedge ideas and risk analyses to senior leaders.
• Two (2) years of experience liaising with clients, and internal sub-groups to achieve commercial outcomes.
• Two (2) years of experience performing studies on market liquidity, execution costs of trading various interest rate products.
• Two (2) years of experience performing regression data analytics on historical trading data.

Responsibilities

• Making prices and executing trades in interest rate options and exotics products.
• Managing risk of related books.
• Building relationships with sales, operations, engineering and structuring teams to facilitate premiere client experience.
• Working with other Trading desks and Sales to identify potential transactions and clients across various institutional and industry segments.
• Proactively pitching and originating new transactions and building relationships with clients and advisors.
• Working with control side personnel during execution to ensure transaction approval and support.
• Structuring and pricing transactions as part of a collaborative team.
• Managing ongoing market risks post-execution.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level