About the Role: We are seeking a highly skilled and motivated Systematic ETF Trader to join our dynamic trading team. The ideal candidate will be responsible for developing, testing, and executing systematic trading strategies focused on Exchange-Traded Funds (ETFs) across various asset classes. This is an excellent opportunity for a quantitative professional with a passion for financial markets and algorithmic trading.
Key Responsibilities:
- Strategy Development: Design, develop, and implement algorithmic trading strategies that trade ETFs across global markets.
- Data Analysis & Modeling: Utilize historical and real-time market data to identify inefficiencies and create predictive models that inform trading decisions.
- Backtesting & Optimization: Conduct rigorous backtesting of trading strategies to ensure robustness and optimize for risk-adjusted returns.
- Execution: Manage and execute trades through automated systems, ensuring minimal slippage, transaction costs, and market impact.
- Risk Management: Monitor and manage trading risks, including market risk, liquidity risk, and operational risk, ensuring compliance with risk guidelines and limits.
- Performance Analysis: Track and analyze the performance of strategies, identify areas for improvement, and implement iterative changes to enhance profitability and performance.
- Collaboration: Work closely with quantitative researchers, data scientists, and other traders to refine strategies and improve performance.
- Technology Integration: Leverage advanced tools and platforms for data analysis, strategy development, and execution (e.g., Python, SQL, MATLAB, etc.).
Requirements:
- Education: Bachelor's degree in Finance, Economics, Engineering, Computer Science, Mathematics, or a related field.
- Experience: Proven experience (2+ years) as a quantitative trader, systematic trader, or similar role, with a strong focus on ETFs and algorithmic trading.
- Technical Skills: Proficiency in programming languages such as Python, C++, Java, or similar, along with experience in financial modeling, data analysis, and backtesting.
- Quantitative Skills: Strong background in statistics, econometrics, or machine learning techniques, with the ability to apply them to trading strategies.
- Market Knowledge: Deep understanding of financial markets, especially ETFs, including structure, liquidity, and market microstructure.
- Problem-Solving: Strong analytical and problem-solving skills with a keen ability to think critically and adapt to evolving market conditions.
- Communication: Strong verbal and written communication skills for collaborating across teams and presenting findings to stakeholders.
The expected base salary for this New York, New York, United States-based position is $150,000-$300,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Skills Required
- Bachelor's degree in Finance, Economics, Engineering, Computer Science, Mathematics, or related field
- Proven experience (2+ years) as a quantitative trader, systematic trader, or similar role focused on ETFs
- Proficiency in Python, C++, or Java
- Experience with SQL
- Experience with MATLAB
- Strong background in statistics, econometrics, or machine learning
- Deep understanding of ETFs, liquidity, and market microstructure
- Strong analytical, problem-solving, and verbal/written communication skills
Goldman Sachs Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Goldman Sachs and has not been reviewed or approved by Goldman Sachs.
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Healthcare Strength — Coverage includes medical, dental, vision, disability, life and accident insurance, with multiple plan options and most premiums subsidized; coverage often starts on day one. Wellness resources, on-site health centers in some locations, and EAP access reinforce the depth of health support.
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Parental & Family Support — Family care includes on-site childcare in some offices, expectant parent resources, and transitional programs for returning parents. Feedback suggests parental leave is very generous, with reports of around 20 weeks paid leave and stipends for adoption, surrogacy, and fertility-related services.
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Retirement Support — The firm provides a 401(k) plan with employer matching contributions and broad financial education to help employees plan for retirement. Resources also support saving for education and preparing for unexpected events.
Goldman Sachs Insights
What We Do
At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices in all major financial centers around the world. More about our company can be found at www.goldmansachs.com
