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Global Banking & Markets, Quantitative Volatility Trading Researcher, Associate/ Vice President, Hong Kong

at Goldman Sachs

Mid LevelNo visa sponsorshipData Science/AI/ML

Posted 13 hours ago

No clicks

Compensation: Not specified
City: Hong Kong
Country: China

Join the Quantitative Volatility Trading group to research historical market data, perform statistical analysis, and develop algorithms for trading and market making in equity derivatives. The role involves building and maintaining derivatives pricing and risk-management models and collaborating on trading strategy development and market-microstructure research.

Global Banking & Markets, Quantitative Volatility Trading Researcher, Associate/ Vice President, Hong KongHong Kong, Hong Kong

Opportunity Overview

CORPORATE TITLEVice President

OFFICE LOCATION(S)Hong Kong

JOB FUNCTIONQuantitative Engineering

DIVISIONGlobal Banking & Markets

Quantitative Volatility Trading is the desk that engages in quantitative trading and market making business in equity derivatives. We are heavily dependent on technology and mathematical modeling to manage risk and continuously quote two-way markets on hundreds of thousands of listed derivatives contracts.

Job Summary and Responsibilities

We are looking for a highly motivated professional with an entrepreneurial mind to join the Quantitative Volatility Trading (QVT) group within the Equities Division, based in Hong Kong. The candidate will research historical market data, conduct statistical analysis of trade data, and contribute to algorithm design and improvements, working on the trading and risk management of the book. As a Research Strat within QVT, you will engage in advanced research and modeling related to pricing, risk management, and trading strategies, all in the context of a quantitative trading and market-making group in equity derivatives.

Responsibilities include:

Take a leading role on our Quantitative Trading & Market Making desk, building market making and trading strategies in equity derivatives.
Analyze large sets of data using advanced statistical techniques.
Develop and deploy models for managing risk in a large portfolio of options, futures, and stocks.
Investigate market microstructure and develop algorithms to maximize trading revenue.
Develop, extend, and maintain complex derivatives pricing models.

Basic Qualifications

Strong academic background in a relevant field (e.g., Physics, Mathematics/Statistics, Engineering, or Computer Science)
Strong quantitative, problem-solving, and programming skills.
Strong time management skills with attention to detail, and the ability to multi-task.
Strong written and verbal communication skills and the ability to work in a collaborative environment.
Solid work ethic, team-oriented, high levels of motivation.
Ability to work in fast-paced and time-sensitive situations.

Preferred Qualifications:

Relevant work experience in options market making.
Experience in high-frequency or algorithmic trading.
Experience in portfolio risk management.

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

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

We Offer Best-In-Class Benefits

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.

Holiday & Vacation Policies

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

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.

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