Systematic Macro Quant Researcher

Goldman Sachs

Confirmed live yesterday High trust

Quick summary

Work type
On-site
Location
New York, NY
Salary
$150,000–$300,000 / yr
Posted
75 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $205k
This role $225k
$132k most similar roles pay here $318k

This role pays more than 64% of similar roles. Most pay $162,900–$247,937 — the shaded band above. At the midpoint, this role pays about $225k versus about $205k for comparable roles.

Based on 239 similar postings.

Employer

About Goldman Sachs

Goldman Sachs is a leading global investment banking, securities, and investment management firm providing financial services to corporations, financial institutions, governments, and individuals.

Goldman Sachs currently has 134 open roles on FindRole.

Listed pay typically runs $137,000–$250,000 across 55 roles with salary data.

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At a glance

TL;DR · Systematic Macro Quant Researcher

As a GBM Public - Systematic Macro Quant Researcher, you will join the FICC Quantitative Research team to transform the Fixed Income, Currencies, and Commodities business through quantitative trading and automated decision-making. You will take a leading role on the Quantitative Trading and Market Making desk, building market making and quoting strategies across various product types including Interest Rates, Foreign Exchange, Credit, and Commodities. Your daily work involves using advanced statistical analysis, neural networks, machine learning, and factor models to drive systematic alpha strategies for real-time trading and risk management. You will develop model calibration frameworks for large quantities of time series data while collaborating with engineers to enhance analytics infrastructure. Required skills include proficiency in C++, Java, or Python, along with a strong academic background in physics, mathematics, statistics, engineering, or computer science.

What you'll do

  • Build market making and quoting strategies across FICC product types including Interest Rates, FX, Credit, and Commodities.
  • Develop systematic alpha strategies using neural networks, machine learning, and factor models for real-time trading decisions.
  • Implement frameworks to manage risk centrally and build optimal portfolios across various asset classes.
  • Create model calibration frameworks for statistical and AI models using large quantities of time series data.
  • Enhance core analytics infrastructure and trading tools in collaboration with engineering teams.
  • Develop pricing, trading, and risk tools to optimize market making and hedging strategies.
  • Utilize trade and franchise data to create new frameworks for systematic decision-making.

What we're looking for

  • Excellent academic record in a relevant quantitative field such as physics, mathematics, statistics, engineering, or computer science.
  • Strong programming skills in an object-oriented or functional paradigm such as C++, Java, or Python.
  • Ability to use advanced statistical analysis and quantitative techniques including neural networks, machine learning, and factor models.
  • Experience building model calibration frameworks for statistical and AI models using large quantities of time series data.
  • Ability to develop pricing, trading, and risk tools while collaborating with engineering teams on analytics infrastructure.
  • Strong self-management skills and the ability to deliver in a high-pressure environment.
  • Excellent written and verbal communication skills to articulate complex quantitative concepts to both technical and non-technical audiences.

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