
Senior Software Engineer, Global Banking & Markets, Systematic Market Making (SMM)
at Goldman Sachs
Posted 18 hours ago
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- Compensation
- $130,000 – $250,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Senior Software Engineer in Goldman Sachs' Systematic Market Making (SMM) team within Global Banking & Markets. You will design, build, and optimize automated trading strategies and the low-latency infrastructure that supports electronic market making. Responsibilities include analyzing trading system performance, proposing and implementing enhancements, and collaborating with engineers and traders to improve price-making, risk management, and execution. This role is based in New York, NY, with a salary range of USD 130,000–250,000 and discretionary bonus potential.
WHAT WE DO
Engineers in the Systematic Market Making (SMM) team play an integral role on the trading floor. We develop and employ automated trading strategies for the firm and its clients. We build complex parallel computing architectures, electronic trading tools and models to help us explain market behavior and predict price movement. Throughout the Global Banking and Markets business (GBM), eTrading Engineers are using quantitative and technological techniques to solve complex business problems. As an eTrading Engineer, you will be building the foundational technologies to run those algorithms on markets around the world, and to enable the research and analysis that support them. We are looking for developers who are interested in applying leading-edge technologies to solve problems in electronic trading. In a team of energetic, self-motivated individuals, we need someone who can take the initiative at any stage of the software cycle, from inception, through development, to release and support. This role also interacts with a variety of other engineering, trading and sales teams. The structure is flat and the successful candidate will be able to manage his or her time to have maximum impact.
YOUR IMPACT
You will be working on a team focused on electronic market making and execution. You will work with other engineers and traders to improve all aspects of price-making, risk management and execution. You’ll do this with a keen eye on performance, guided by a robust measurement framework and lots of experimentation. You will have an opportunity to develop a deep understanding of how GS interacts with some of the most dynamic and liquid markets in the world.
RESPONSIBILITIES AND QUALIFICATIONS
Principal Responsibilities:
- Analyze trading system performance and identify areas for improvement.
- Generate ideas for system enhancements that drive commercial performance.
- Implement, test and deploy these ideas.
- Improve the safety and reliability of trading systems.
- Work constructively in collaboration with other team members.
- Manage work to balance the short-term needs of the business with strategic enhancements.
Basic Qualifications:
- Strong academic background in Computer Science or an analytical field such as Mathematics, Physics, Engineering, etc.
- Strong software engineering background.
- Proven ability to analyze data and draw useful commercial conclusions.
- Good communication skills.
Preferred Qualifications:
- Securities/trading experience.
- Multi-threaded/concurrent programming.
- Java/C++ performance tuning.
- Low-latency systems, including messaging, network protocols, network I/O in Java, C/C++, JNI.
- Hardware stack and hardware architecture from a latency perspective.
- Know your way around a Linux terminal.
Salary Range
The expected base salary for this New York, New York, United States-based position is $130000-$250000. 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.









