Global Market division-Synthetic Products Group Trading-Analyst/Associate-Bengaluru

Job Description

Batch – 2022/2021/2020 & earlier

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bangalore, Hong Kong and other major financial centers around the world.

Divisional Overview

The professionals in our Global Market Division help institutional clients, including fund managers, financial service providers and large corporations, buy and sell financial instruments on exchange around the world. From developing trading strategies to the final clearing and execution of transactions, our professionals provide insights and strategies that help clients achieve their goals.

Role Overview

The role will be a part of Bangalore based Equities Synthetic Products Trading Group (SPG) which is an extension of the London desk. The team’s primary focus is to grow our client franchise offerings for synthetic 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 include, but are not limited to:   

• Delta risk management: Actively monitor delta risk across books; liaise with team in other regions and strats to provide timely resolution of discrepancies; be the primary owner of internal swap, stock and cash flow management for day to day trading
• Dividend integrity check: Periodically reconcile dividend curves and highlight main discrepancies; conduct in-depth dividend risk analysis across regions to optimize div risk and funding costs
• Trading metrics: Create & maintain metrics to track key indicators such as P/L, delta risk, broader desk / franchise performance, capital efficiency etc.
• Inventory optimization & analysis metrics: Create & maintain detailed metrics / dashboards that help track the overall book, and flag pricing / positional inefficiencies and errors in inventory
• Periodic analysis of funding swaps program: Suggest viable substitutions and new funding/sourcing swaps by market/funding counterpart 
• Inter-desk trading efficiency: Highlight & eliminate inefficient stock / swap position with GS trading desks in other regions
• Aid in implementation and back-test of trading strategies in consultation with the team to monetize risk and generate P/L   
• Pro-actively suggest and carry out process automation/improvements via VBA / SQL etc.

Basic Qualifications  

• Relevant Bachelor’s degree or equivalent qualification with an excellent academic record
• CFA / CA / FRM preferred but not required 
• 1-5 years’ experience in funding / treasury, inventory management, trade management, financial controllers, or trading related roles
• Working knowledge of VBA / SQL will be an added advantage
• Strong Interest in global financial markets and derivatives
• Excellent communication and interpersonal (written and verbal) skills
• Attention to detail
• Ability to multi-task & deliver under pressure
• Solid work ethic and high levels of motivation
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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity