At a Glance
- Tasks: Assist in risk management and pricing of complex financial products.
- Company: Join Goldman Sachs, a leading global investment banking firm.
- Benefits: Diverse opportunities for growth, wellness programs, and a supportive culture.
- Other info: Collaborative environment with excellent career development opportunities.
- Why this job: Be part of a dynamic trading team and make an impact in financial markets.
- Qualifications: Strong academic background in quantitative subjects and interest in finance.
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
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
GBM Public, STS Trading, ANA/ASO, London employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a vibrant work culture that thrives on teamwork, innovation, and meritocracy. Located in the heart of London, employees benefit from a dynamic trading environment, extensive professional development opportunities, and a commitment to diversity and inclusion, ensuring that every individual can grow both personally and professionally. With a focus on fostering strong relationships and providing comprehensive support, Goldman Sachs stands out as a rewarding place for those passionate about financial markets.
StudySmarter Expert Advice🤫
We think this is how you could land GBM Public, STS Trading, ANA/ASO, London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at Goldman Sachs. Building relationships can open doors that applications alone can't.
✨Show Your Passion
When you get the chance to chat with recruiters or during interviews, let your enthusiasm for financial markets shine through. Share your insights on recent trends or products; it shows you're not just looking for any job, but you’re genuinely interested in this role.
✨Prepare for the Fast-Paced Environment
Brush up on your knowledge of derivatives and trading strategies. Be ready to discuss how you would handle real-time scenarios on the trading floor. This will demonstrate that you can thrive in the dynamic environment Goldman Sachs is known for.
✨Apply Through Our Website
Don’t forget to apply directly through the Goldman Sachs careers page! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and serious about joining the team.
We think you need these skills to ace GBM Public, STS Trading, ANA/ASO, London
Some tips for your application 🫡
Show Your Passion for the Markets:When you're writing your application, let your enthusiasm for financial markets shine through. We want to see that you’re not just ticking boxes but genuinely excited about the role and the dynamic environment at Goldman Sachs.
Tailor Your Application:Make sure to customise your application to highlight relevant experiences and skills that align with the job description. We love seeing how your background fits into our team and the specific role in STS trading.
Be Clear and Concise:Keep your writing clear and to the point. We appreciate well-structured applications that communicate your ideas effectively. Avoid jargon unless it’s relevant, and make sure your passion comes across without fluff.
Apply Through Our Website:Don’t forget to submit your application through our official website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team.
How to prepare for a job interview at Goldman Sachs
✨Know Your Numbers
Brush up on your quantitative skills and be ready to discuss complex financial concepts. Since this role involves pricing derivatives and risk management, having a solid grasp of mathematical principles will help you stand out.
✨Show Your Passion for Markets
Demonstrate your enthusiasm for financial markets during the interview. Share insights about recent market trends or products that excite you. This shows you’re not just qualified but genuinely interested in the field.
✨Prepare for Technical Questions
Expect technical questions related to trading strategies and risk management. Practice explaining your thought process clearly and concisely, as communication is key in a fast-paced environment like trading.
✨Network Like a Pro
Before the interview, try to connect with current or former employees of the firm. They can provide valuable insights into the company culture and the specific team dynamics, which can help you tailor your responses during the interview.
