GBM - Quantitative Rates Trading Strat, VP - New York

Who We Are

Goldman Sachs is a leading global participant in the interest rate markets, active across a wide range of cash and derivative products. We operate a fully integrated global business, offering comprehensive client services that span interest rate derivatives, government bonds, inflation products, structured notes, and risk management solutions.

At Goldman Sachs, Quantitative Strategists (Strats) are at the cutting edge of our businesses, solving real‑world problems through a variety of analytical methods. Working in close collaboration with traders and sales, their invaluable quantitative perspectives on complex financial and technical challenges directly power our commercial and business decisions.

Our team is dedicated to transforming the rates business through quantitative research and the systemization of key trading processes. We have a broad remit that includes automated quoting, optimizing hedging and portfolio risk decisions, and developing algorithms to trade interest rate derivatives and government bonds on global venues. By deploying advanced statistical analysis and mathematical models, we enhance decision‑making and drive business performance, working side‑by‑side with traditional "voice" traders and sales professionals on the trading floor.

Global Banking & Markets

Our core value is building strong, lasting relationships with our clients, which include corporations, financial institutions, and fund managers. We help them execute transactions on global exchanges, raise funding, and manage complex risks. This is a dynamic, entrepreneurial team with a passion for the markets, composed of individuals who thrive in fast‑paced, evolving environments and are energized by the activity of a bustling trading floor.

Our culture is built on teamwork, innovation, and meritocracy. We believe our people are our greatest asset, and we take pride in supporting each colleague both professionally and personally. From collaborative workspaces to comprehensive wellbeing and resilience offerings, we provide our people with the flexibility and support they need to reach their goals both inside and outside the office.

Who We Look For

We seek self‑driven, intellectually curious, and commercially oriented individuals who thrive on solving complex, open‑ended problems. As a senior member of the team, you should be a creative and quantitative collaborator who can lead initiatives, mentor junior team members, adapt to the fast‑paced evolution of global markets, and translate sophisticated concepts into actionable client solutions.

How You Will Fulfill Your Potential

• Data Analysis: Lead systematic and quantitative analysis of franchise flows and market data to drive strategic business decisions and design our next‑generation automation platform.

• Structuring: Oversee end‑to‑end structuring for complex interest rate derivative and structured financing products, ensuring rigorous quantitative analysis and deepening client relationships by providing technical expertise and tailored solutions.

• Business Expansion: Drive a broad range of strategic initiatives and business expansion across Goldman Sachs’ diversified rates franchise.

• Automated Pricing: Architect and enhance systems to automate the pricing of interest rate derivatives and cash products, providing fast and accurate pricing in response to client quote requests.

• Risk Management: Design and implement automated hedging algorithms and build robust frameworks to manage risk centrally across a broad range of interest rate exposures.

• Collaboration & Leadership: Work closely with sales, trading, and engineering leadership to support, maintain, and enhance our automated pricing, curve modeling, and trading systems, while mentoring junior strats on the desk.

• Software Development: Guide all stages of the software development life cycle (SDLC) using a range of technologies, collaborating closely with engineering teams that support the underlying infrastructure and frameworks.

Basic Qualifications

• Excellent academic record in a highly quantitative field such as Physics, Mathematics, Statistics, Engineering, or Computer Science.

• Strong programming skills in an object‑oriented or functional paradigm (e.g., C++, Java, or Python).

• 5–10 years of experience in quantitative finance or at a cutting‑edge technology company.

• Proven track record of project ownership, self‑management, and the ability to prioritize multiple tasks and deliver results in a high‑pressure environment.

• Excellent written and verbal communication skills, with the ability to articulate complex technical concepts to senior stakeholders.

Preferred Qualifications

• Prior experience in interest rates (e.g., government bonds, swaps, options, or inflation products) at a peer investment bank or hedge fund.

• Previous quantitative or technical experience working directly on or with a fixed income or derivatives trading desk (regardless of asset class).

The expected base salary for this New York, NY, United States‑based position is $ -$ . In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year‑end.

Salary Range

The expected base salary for this New York, NY, United States‑based position is $ -$ . In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year‑end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non‑temporary, full‑time and part‑time US employees who work at least 20 hours per week, can be found here .

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short‑term disability, long‑term disability, life, accidental death, labor accident and business travel accident insurance.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state‑of‑the‑art on‑site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).

Child Care & Family Care

We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class‑leading benefits our firm has to offer.