At a Glance
- Tasks: Assist in risk management and pricing of complex financial products.
- Company: Join Goldman Sachs, a leader in global banking and markets.
- Benefits: Competitive salary, diverse culture, and opportunities for personal growth.
- Other info: Collaborative environment with excellent career advancement potential.
- Why this job: Be part of a dynamic team on a bustling trading floor.
- Qualifications: Strong academic background in quantitative subjects and interest in financial markets.
The predicted salary is between 50000 - 70000 £ per year.
GLOBAL BANKING & MARKETS
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team that includes individuals who have a passion for the markets and who thrive in fast-paced, changing environments and are energized by a bustling trading floor. At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally.
Business Segment And Role Overview
STS trading is part of the Global Exotics and Structured Products trading team which trades, prices and risk manages a wide array of non-vanilla (i.e. exotic), cross asset underlying strategies and payoffs. The desk manages sizable principal exposure across multiple markets (Equities, Rates, FX, Commodities and Credit) both in volatility and one-delta space. We work very closely with the structuring and sales teams globally to create innovative structures, solutions and strategies for our franchise, while also risk managing positions that cannot be easily hedged.
Job Summary & Responsibilities
- Assisting the daily risk management of the Global STS trading book (executing hedges, developing risk management strategies and utilities)
- Pricing derivatives on cross asset Systematic Trading Strategies (STS)
- Developing a cross-function, cross-asset and cross-regional network within the firm
- Learning how to trade a broad and complex set of products (and the models, markets, and the operational and legal framework necessary to trade)
- Working with other traders on the desk and the strats to develop new models and products, or enhance existing ones
- Working with sales and strats to expand overall franchise business
Basic Qualifications
- Excellent academic background in a highly quantitative subject (Mathematics, Physical, Engineering, Finance/Financial Economics or Computing)
- Excellent written and verbal communication skills
- Interest and knowledge in financial markets and products (derivatives knowledge is a plus)
- Great attention to detail, ability to multi-task
- Previous programming experience will be a plus
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
GBM Public, STS Trading, ANA/ASO, London employer: Goldman Sachs
Goldman Sachs is an exceptional employer, renowned for its dynamic and entrepreneurial culture that thrives on teamwork, innovation, and meritocracy. Located in the heart of London, employees benefit from a bustling trading environment that fosters professional growth and collaboration across diverse teams. With a strong commitment to supporting each colleague both personally and professionally, Goldman Sachs offers unparalleled opportunities for career advancement in the fast-paced world of global finance.
StudySmarter Expert Advice🤫
We think this is how you could land GBM Public, STS Trading, ANA/ASO, London
✨Tap into Campus Resources
Universities often have strong ties with banks and financial institutions. Make sure to check in with your career services for any internship fairs or networking events. These can be golden opportunities to meet representatives from firms like Goldman Sachs and make a lasting impression.
✨Join Finance Societies and Clubs
Get involved with finance or investment clubs at your university. These not only offer great networking potential but often host guest speakers from the industry. Show your enthusiasm and engage with these professionals—who knows, they might tip you off about internship openings at Goldman Sachs!
✨Have Your Application Ready to Go
Internship applications can be competitive and come with tight deadlines. Be proactive! Have your CV and cover letter prepared and tailored for roles at Goldman Sachs. When the openings go live, you’ll want to be one of the first to apply.
✨Leverage LinkedIn for Connections
LinkedIn is a powerful tool, especially in the banking sector. Follow recruiters from Goldman Sachs and connect with alumni who are working in similar roles. Don’t hesitate to drop them a message to introduce yourself and express your interest in internships—they might have insider info or even refer you!
We think you need these skills to ace GBM Public, STS Trading, ANA/ASO, London
Some tips for your application 🫡
Show Off Those Grades!:In banking and financial services, your academic background is super important. Make sure to highlight your grades, especially in finance, economics, or maths. If you've got any relevant coursework or projects, don’t hesitate to include them in your CV!
Craft Your Cover Letter with Care:For an internship, we want to see your enthusiasm and motivation. Use your cover letter to explain why you’re excited about this opportunity at Goldman Sachs and what you hope to learn. Be personal and connect the dots between your education and the role of GBM Public, STS Trading, ANA/ASO, London.
Squeaky Clean CV:Your CV should be clear and free of jargon. Focus on the skills that matter most in the banking sector, like analytical thinking and attention to detail. Don't forget to include any internships or part-time jobs that show your experience in a banking environment!
Utilise Relevant Experiences:If you've been involved in finance-related clubs or societies at university, mention that in your application. Showing your practical experience alongside your studies can make a real difference and demonstrate your passion for the financial world. We love seeing candidates who go the extra mile!
How to prepare for a job interview at Goldman Sachs
✨Show Us Your Analytical Skills
As an intern in the banking and financial services sector, you'll want to showcase your analytical skills. Be ready to tackle numerical and case questions during your interview. Brush up on your data interpretation abilities and consider scenarios where you've used data to solve problems.
✨Know Your Financial Tools
Familiarise yourself with the financial tools and software commonly used in banking, like Bloomberg or Excel for financial modelling. We recommend having a couple of examples where you've applied these tools in your studies or projects to impress the interviewer.
✨Be Passionate About Learning
Internships are all about learning, so express your enthusiasm for the banking industry. Share what trends you're excited about, or recent news you've followed, to show you're motivated and engaged. This can set you apart from other candidates who might be less enthusiastic.
✨Prepare for Behavioural Questions
Expect behavioural questions that assess your fit within a team and your ability to handle challenges. Think of examples from your studies or group projects that highlight your teamwork, adaptability, and communication skills. We want to see how you've navigated situations that are relevant to the workplace!
