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Asset & Wealth Management - New York - Vice President, External Product Specialists -9849489
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Asset & Wealth Management - New York - Vice President, External Product Specialist - 4505808
New York, New York, United States · On-site
$179k–$338k/yr
Senior$32B raised
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Full-time
Collaborative work spaces, Ergonomic services, Wellbeing offerings, Resilience offerings, Training and development opportunities, Firmwide networks
Posted 9d ago
~40 hrs/week
Responsibilities
The role involves managing electronic futures trading client relationships, providing consultancy on execution tools, and driving new business acquisition in continental Europe. You will also oversee daily order flow, manage market risk, and ensure trading activities comply with European financial regulations.
Requirements
Candidates must have professional experience in electronic trading, specifically within futures or related asset classes like Equity, FX, or Rates. Strong technical knowledge of trading algorithms, connectivity solutions, and the ability to manage client onboarding pipelines are essential.
Full job description
Global Markets
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.
At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally. From collaborative work spaces and ergonomic services to wellbeing and resilience offerings, we offer our professionals the flexibility and support they need to reach their goals in and outside the office.
Business Segment and Role Overview
The Electronic Futures Trading team are responsible for the acquisition and ongoing client relationship management of clients who utilize our electronic trading solutions.
The team form the central hub for all electronic futures trading activity and provide supervisory and consulting services to all connected clients, advising on Algo usage and execution performance as well as managing the day-to-day market risk of connected clients.
The team’s acquisition responsibilities involve pitching our electronic execution offering ranging from algorithms and low latency solutions to market structure and Trade Cost Analysis (TCA) to win new business and expand on existing client relationships.
Key differentiators include our enhanced technology stack, advanced algorithm platform and continued investment and evolution of our electronic trading product.
The Electronic Trading team educates a broad range of clients ranging from hedge funds, institutional money managers and corporates on the electronic trading landscape. The role available in our Paris office sits within Futures Sales Trading, working closely with the Futures Execution desks as well as the Futures Clearing Sales team to pitch and manage our holistic futures offering across revenue streams.
Responsibilities:
Provide Electronic Trading Coverage and consultancy for the GSET Futures client base.
Act as primary electronic relationship owner to retain and grow market share with key European clients.
A focus on new business acquisition with continental European business.
Partner with Futures Sales and voice execution teams to pitch our electronic offering to existing and new client prospects.
Manage daily electronic order flow, responding to connectivity issues, outages, exchange disconnects and working with futures tech, vendors and exchanges to resolve.
Develop a deep technical knowledge and understanding of our futures algorithm suite and TCA offering to supervise and advise clients on optimal use of our execution tools.
Consult with clients and our strategists to help devise and implement custom algorithmic solutions based on the required trading strategy and objectives.
Develop close relationships with clients to ensure their experience with the product is positive and value added to their business.
Contribute to product marketing material and engage in proactive marketing campaigns to new and existing clients.
Act as a primary touchpoint for internal / external auditors and GS Compliance to ensure trading activity is fully aligned with European financial regulations
Partner with Compliance and Control functions to support regulatory reviews, audits and on-going enhancements to the electronic trading control framework
Qualifications & Experience:
Experience in electronic trading and markets. Electronic futures is required, though other asset classes would be of interest (Equity, FX, Rates).
Understanding of trading algorithms, platforms and connectivity solutions.
Experience in a trading solutions, coverage, sales or trading role.
Ability to work well with others and interact with sales, sales-traders, clients, strategists, technology teams and 3rd party vendors.
Strong analytical skills and ability to prioritize tasks accordingly.
Project Management skills in order to manage a client onboarding pipeline.
Ability to multi-task in a fast-paced, dynamic environment.
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 atGS.com/careers.
We aspire to be the world’s most exceptional financial institution, united by our shared values of partnership, client service, integrity, and excellence.
Operating at the center of capital markets, we act as one firm, mobilizing our people, capital, and ideas to deliver superior results across our clients’ most complex challenges.
For 157 years, Goldman Sachs has delivered world-class execution on a global scale across our leading Global Banking & Markets and Asset & Wealth Management businesses.
Apprenticeship is central to our culture, with hands-on coaching and access to leaders who bring decades of experience and expertise. With office locations around the world, we offer a broad range of career opportunities to those who insist on excellence and thrive on performance.
Find our Social Media Disclosures here: gs.com/social-media-disclosures
Offices: 200 West Street, New York, New York 10282, US
We aspire to be the world’s most exceptional financial institution, united by our shared values of partnership, client service, integrity, and excellence.
Operating at the center of capital markets, we act as one firm, mobilizing our people, capital, and ideas to deliver superior results across our clients’ most complex challenges.
For 157 years, Goldman Sachs has delivered world-class execution on a global scale across our leading Global Banking & Markets and Asset & Wealth Management businesses.
Apprenticeship is central to our culture, with hands-on coaching and access to leaders who bring decades of experience and expertise. With office locations around the world, we offer a broad range of career opportunities to those who insist on excellence and thrive on performance.
Find our Social Media Disclosures here: gs.com/social-media-disclosures
Offices: 200 West Street, New York, New York 10282, US