Analyst - SPG Trading

Job Description

YOUR IMPACT:

Synthetic Product Group (SPG) is looking for a highly motivated individual with excellent teamwork, organizational, communication and risk management skills. You will need to multi-task well and adapt quickly to an ever-changing list of demands. The individual will work closely with counterparties and various internal stakeholders and should have the ability to communicate to all levels within Sales & Trading, Engineering, and other Operations groups. The role has a heavy focus on risk management and client service.

Our Impact

Global Markets is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, SPG provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation.

Business Unit Overview

The team’s primary focus is to grow our client franchise offerings for equity derivative products such as equity swaps, in addition to working on efficient management of the firm’s equity inventory and funding. The SPG trading team will work closely with sales to cover clients from trading perspective, take and execute orders along with pursuing trading ideas.

Job Responsibilities Will Include, But Not Limited To

• High touch execution of equities with a focus on achieving best execution.
• Generate revenues from equity derivatives products.
• Dividend and corporate action research – track announcements, assist traders in formulating views and strategies.
• Dividend marking – regularly reconcile dividend curves and highlight main discrepancies.
• Preparation and monitoring of risk reports across various parameters, e.g., interest rates, XCCY basis, dividends, funding spread, FX, etc.
• Work closely with engineers and developers on new automation initiatives.
• Efficiency in trading books – highlight inefficient trades and boxed positions with other desks.
• Broker management – chasing approvals and coordination with other divisions for onboarding, keeping track of BC&E, standardizing formats of fills for uploads.
• Trade amendments and allocations – amending existing bookings with oversight. e.g., Amending MSCI futures price on T+1 to match the official close.
• Loan spread check – ensure all trades that flow down with incorrect spreads are amended by T+1 at the latest.
• Ensure compliance with all regulatory requirements and internal policies.
  
  

Basic Qualifications

• Relevant Bachelor’s degree or equivalent qualification with an excellent academic record.
• Proficiency in Microsoft Excel, specifically pivot tables, look up functions, and general data analysis.
• Strong interest in global financial markets and derivatives.
• Excellent communication and interpersonal (written and verbal) skills.
• Strong problem solving and analytical skills.
• Attention to detail.
• Ability to multitask and work in high pressure environment.
• Solid work ethic and high levels of motivation.
  
  

Preferred Qualifications

• Some coding knowledge and experience (Python, SQL).
• Some experience (0-2 years) in any of the following: trading, securities lending, trade booking, trade matches, and middle office.
  
  

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

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