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Algo Developer, Global Banking & Markets, Electronic Trading

GOLDMAN SACHS & CO. LLC

NEW YORK, NYJob$150–300K/yrSeen 6 days agoSeen in employer's feed 6 days ago

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At a glance

Compensation
$150–300K/yr
Location
NEW YORK, NY
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Requirements

Credentials this posting asks for.

Master's degree

Job overview

Goldman Sachs Electronic Trading is expanding its US Listed Options Trading platform through investment in people, platforms, and products. The Algo Developer will build and maintain options trading strategies, analyze their performance, customize algorithms for clients, and implement changes related to US options market structure, regulations, and exchange services. The role works with traders, sales, clients, and compliance officers to develop and explain trading features.

Skills & qualifications

RequiredNice to have

Skills

Java or C++US Trading AlgorithmsTrading Strategy AnalysisCommunicationTeamworkAgency AlgorithmsSmart Order RoutingTrading Strategy BacktestingLow-Latency TradingDirect Client Support

Qualifications

Advanced Degree in Relevant Technical Field5+ Years Relevant Work Experience

Full job description

What We DoAt Goldman Sachs, our Engineers don't just make things - we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets.Goldman Sachs Engineers are innovators and problem-solvers, building solutions in risk management, big data, mobile, and more. We look for creative collaborators who evolve, adapt to change, and thrive in a fast-paced global environment. Want to push the limit of digital possibilities? Start here.Within our Global Banking & Markets business, Goldman Sachs Electronic Trading (GSET) has launched an initiative to become the top provider in Electronic US Listed Options Trading by building superior technology and delivering high quality products. This vision is a multi-year investment in people, platforms, and products. Join our team and participate in the development and launch of best-in-class products for top clients across the industry. Who We Look ForOur engineers are involved in the entire product life cycle, from working with users and product managers to determine requirements, collaborating with other engineers to develop new APIs and UIs, engaging with penetration testers to ensure security and data protection, to deploying your code to users across the globe. Our team works with modern Typescript, Java, and Python frameworks and uses a variety of databases, caches, and queues to solve specific problems. Within our team, you will have ample opportunities to be curious, to solve problems for our clients, and directly impact the success of our business.We are looking for eager, nimble, and ambitious trading platform developers to join our growing team of visionaries, and drive Goldman Sachs Electronic Trading to achieve and exceed our goals.Responsibilities * Design, build, and maintain high-performance, yet nimble and adaptive Options trading strategies for internal and external clients. * Monitor trading performance for strategies daily and build algo customization based on clients' needs. * Utilize deep understanding of US Options market structure, regulations, exchange service offerings and implement changes to these on an on-going basis. * Communicate with traders, sales, clients, and compliance officers about new feature requests, explanation of existing features, etc.Basic Qualifications * Advanced degree in relevant technical field such as Computer Science or Financial Technology. * 5+ years of relevant work experience. * Proficiency in either Java or C++. * Extensive experience with designing and implementing algorithms for US trading. * Experience in data-driven trading strategy performance analysis and optimizations. * Strong communication skills and the ability to work as part of a team.Preferred Qualifications * Experience with designing and implementing algorithms / smart order router for Agency business. * Experience with building back testing for trading strategies. * Experience with low latency trading strategy development. * Experience supporting clients directly.Salary RangeThe expected base salary for this New York, New York, United States-based position is $150,000-$300,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Fem Ale/Minority/Disability/Vet.

How this job compares

Set against the 33,585 open Software Engineer jobs on Olive Jobs, counted October 27, 2026.

Pay
  • This posting$150–300K/yr
  • New York median$160–230K/yr2,141 salary ranges
  • US median$140–220K/yr26,891 salary ranges

This range's midpoint, $225K, is 13% above the New York median midpoint ($200K) — in the middle half of Software Engineer salary ranges in New York.

Openings
Olive Jobs lists 2,717 open Software Engineer jobs in New York and 33,585 across the US. 7% of them nationwide are listed as remote or flexible.
Hiring the most in New York
Experience
This posting asks for at least 5 years of experience; Software Engineer postings that state a minimum ask for 5 years at the median (27,197 postings).
Education
This posting asks for a master's degree; 648 of the 33,585 open Software Engineer jobs (2%) ask for a master's degree or higher.

Counted across the open, public US postings on Olive Jobs on October 27, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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