GBM - Quantatative Rates Trading Strat, VP - New York

Goldman Sachs•New York, NY

6d•$150,000 - $300,000•Onsite

About The Position

Goldman Sachs is a leading global participant in the interest rate markets, active across a wide range of cash and derivative products. We operate a fully integrated global business, offering comprehensive client services that span interest rate derivatives, government bonds, inflation products, structured notes, and risk management solutions. At Goldman Sachs, Quantitative Strategists (Strats) are at the cutting edge of our businesses, solving real-world problems through a variety of analytical methods. Working in close collaboration with traders and sales, their invaluable quantitative perspectives on complex financial and technical challenges directly power our commercial and business decisions. Our team is dedicated to transforming the rates business through quantitative research and the systemization of key trading processes. We have a broad remit that includes automated quoting, optimizing hedging and portfolio risk decisions, and developing algorithms to trade interest rate derivatives and government bonds on global venues. By deploying advanced statistical analysis and mathematical models, we enhance decision-making and drive business performance, working side-by-side with traditional "voice" traders and sales professionals on the trading floor.

Requirements

Excellent academic record in a highly quantitative field such as Physics, Mathematics, Statistics, Engineering, or Computer Science.
Strong programming skills in an object-oriented or functional paradigm (e.g., C++, Java, or Python).
5–10 years of experience in quantitative finance or at a cutting-edge technology company.
Proven track record of project ownership, self-management, and the ability to prioritize multiple tasks and deliver results in a high-pressure environment.
Excellent written and verbal communication skills, with the ability to articulate complex technical concepts to senior stakeholders.

Nice To Haves

Prior experience in interest rates (e.g., government bonds, swaps, options, or inflation products) at a peer investment bank or hedge fund.
Previous quantitative or technical experience working directly on or with a fixed income or derivatives trading desk (regardless of asset class).

Responsibilities

Lead systematic and quantitative analysis of franchise flows and market data to drive strategic business decisions and design our next-generation automation platform.
Oversee end-to-end structuring for complex interest rate derivative and structured financing products, ensuring rigorous quantitative analysis and deepening client relationships by providing technical expertise and tailored solutions.
Drive a broad range of strategic initiatives and business expansion across Goldman Sachs’ diversified rates franchise.
Architect and enhance systems to automate the pricing of interest rate derivatives and cash products, providing fast and accurate pricing in response to client quote requests.
Design and implement automated hedging algorithms and build robust frameworks to manage risk centrally across a broad range of interest rate exposures.
Work closely with sales, trading, and engineering leadership to support, maintain, and enhance our automated pricing, curve modeling, and trading systems, while mentoring junior strats on the desk.
Guide all stages of the software development life cycle (SDLC) using a range of technologies, collaborating closely with engineering teams that support the underlying infrastructure and frameworks.