Analyst & Associate

Goldman Sachs; Greater London; On-site; GBP 50,000 - GBP 70,000; Full time

Job summary

A prominent global investment bank in Greater London is seeking a motivated Analyst/Associate to join their trading desk. The role involves managing risk for bond trading positions, supporting primary issuances, and developing innovative solutions to enhance efficiency. Candidates should have a quantitative background, a strong grasp of interest rate swaps and FX, and excellent communication skills. This position offers an opportunity to grow in a dynamic financial environment with a focus on Emerging Markets.

Benefits

Wide range of health and welfare programs

Generous vacation entitlements

Fitness club membership reimbursements

Child care and family care features

Qualifications

• Strong working knowledge of interest rate swaps, cross currency basis swaps, NDFs, and FX.
• Understanding the drivers of macroeconomic products and Emerging Markets.
• Desire to learn and develop professionally; takes initiative and ownership of tasks.
• Interest in improving processes and workflows.

Responsibilities

• Risk management of bond trading positions and associated FX, interest rate, and basis risk.
• Support in managing new primary issuances and associated processes.
• Development of innovative solutions to optimise desk performance.
• Trade idea generation and communication to stakeholders.

Skills

Quantitative background

Interest rate swaps knowledge

Cross currency basis swaps knowledge

NDFs knowledge

FX knowledge

Macroeconomic product understanding

Attention to detail

Effective communication skills

Job description

BUSINESS SEGMENT AND ROLE OVERVIEW

The desk is looking for a strong candidate (Analyst/Associate level) to join the team in a trading role with a diverse set of responsibilities and room for growth over time.

The EM SSA Trading desk is involved in the primary issuance and secondary trading of supranational bonds denominated in EM local currencies. The desk coordinates with issuers to print new deals, pitches to clients and investors globally to recycle a large inventory of bonds, and works with the other trading teams to hedge a broad portfolio of risks.

Products traded include interest rate swaps, cross currency basis swaps, FX, NDFs and government bonds across Asia, EMEA and Latam markets. The desk has experienced strong growth over the last few years and is looking to continue expanding into new areas.

The ideal candidate is motivated, driven, enthusiastic about financial markets and eager to learn. We are looking for someone who is proactive, well‑organised, a clear communicator, and able to own a range of tasks and responsibilities through to conclusion.

Responsibilities

• Risk management of bond trading positions and associated FX, interest rate and basis risk
• Support in managing new primary issuances and associated booking, confirmation, settlement and redemption/maturity processes
• Development of innovative solutions to optimise desk performance and efficiency
• Trade idea generation and communication to sales, clients and other stakeholders

Qualifications

• Quantitative background with a strong working knowledge of interest rate swaps, cross currency basis swaps, NDFs and FX
• Understanding of the drivers of macroeconomic products and Emerging Markets
• Desire to learn and develop professionally; takes initiative and ownership of tasks
• Attention to detail, solution‑oriented, interest in improving processes and workflows
• Effective written and verbal communication skills, and ability tailor communication across a range of internal stakeholders and clients across regions

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 firm‑wide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people atGS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short‑term disability, long‑term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state‑of‑the‑art on‑site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).

Child Care & Family Care

We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class‑leading benefits our firm has to offer.