Jobs · Finance · New York

Asset & Wealth Management, Trading & Market Strategies – Execution Quantitative Researcher, Vice President - New York

Goldman Sachs · New York, NY · 2 wk ago
Finance$125k–$250k/yrFull-time

Key Responsibilities

  • Conduct empirical research on trading performance and execution strategies to optimize the performance of various funds and mandates across Equities, Futures, and Options.
  • Enhance and support analytical databases and libraries for Transaction Cost Analysis (TCA).
  • Perform deep-dive venue analysis to evaluate liquidity quality and routing logic.
  • Develop and maintain broker-side scorecards; design and execute A/B tests for new trading ideas and broker algorithms to drive continuous improvement.
  • Monitor global market structure developments and build tools to automate the production of market structure reports for Portfolio Managers and the trading desk.
  • Help build and maintain quantitative tools and libraries used for pre-trade estimation, post-trade evaluation, and market structure research.
  • Support and monitor trading done via the trading systems.

Desired Skills & Experience

  • Advanced degree (Master's or PhD) in a quantitative field such as Mathematics, Physics, Computer Science, Financial Engineering, or Statistics.
  • 3 to 10 years of experience in a quantitative research or trading role, preferably on the buy-side (Asset Management or Hedge Fund) or within a sell-side algorithmic execution team.
  • Excellent Python programming skills and strong understanding of software design and principles.
  • Experience with KDB+/Q or similar databases and tools for analyzing large data sets such as tick data.
  • Strong familiarity with advanced statistical modeling, machine learning, market dynamics modeling, and optimization techniques.
  • Familiarity with trading and market microstructure of Equities and at least one Futures or Options markets.
  • Good knowledge of various trade execution algorithms (e.g. VWAP/IS/Liquidity Seeking) and Transaction Cost Analysis (TCA).
  • Experience using generative AI and agentic AI tools to automate research workflows, code generation, and analytical tasks.
  • Strong communication skills, with the ability to translate complex quantitative findings into clear, actionable insights for various stakeholders, including Portfolio Managers.

Pay

The expected base salary for this New York, NY, United States-based position is $125,000 - $250,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

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