Goldman Sachs & Co.
,
London, Greater London
Securities, FICC, Systematic Market Making Commodity Trader Who Codes, VP or Associate, London
Overview
Job Description
MORE ABOUT THIS JOB SECURITIES 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 with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor. RESPONSIBILITIES AND QUALIFICATIONS Securities, FICC, Systematic Market Making Commodity Trader Who Codes, VP or Associate, London FICC SMM is a cross-asset systematic market making business covering FX, commodities, interest rates, and credit. As an automated trading business, SMM manages the financial as well as operational risks of this business. We are looking for a Trader Who Codes (TWC) in London with a focus on Commodities. The principal focus of the role is running he business and working on enhancements to our trading and risk-management, with additional focus on developing the client franchise in the region in partnership with Sales. Principal Responsibilities + Risk-managing the electronic commodities franchise as the primary trader in London time zone, working as part of a global team that manages the book 23hr/day. + Ownership and management of the operational risks inherent in this business. + Client franchise analysis and optimization. + Analysis of our pricing and hedging including analysis of large data sets to drive strategic improvements to our electronic trading. + Work productively with people outside the electronic trading business, e.g. other traders, sales engineers, compliance etc. + Understand the regulatory and supervisory environment and demonstrate ownership of our obligations and responsibilities under this. Experience/Skills + Proven ability to analyze data and draw useful commercial conclusions. + Understanding of client needs and how we can meet them through an electronic trading offering. + Understanding and management of operational risks including identifying and remediating such risks + Capable of handling appropriately situations involving live risk, whether market risk or operational risks. + Track record of learning new skills and adapting to new technologies. + Ability to communicate and work collaboratively within their own team and with other parts of the firm, e.g. voice trading, other technology teams and functions like economic research which have varying levels of technical knowledge. + Demonstrated understanding of and engineering of a safe operating environment, particularly regarding the control environment around electronic trading. + Understanding of commodity market structure and the needs of commodities clients. ABOUT GOLDMAN SACHS 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 .We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: The Goldman Sachs Group, Inc., 2020. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity Location(s)UK-London Job ID2020-63325 Schedule TypeFull Time LevelVice President Function(s)General RegionEMEA DivisionSecurities Business UnitFICC EMEA Systematic Mkt Makin Employment TypeEmployee