Who We Are At Goldman Sachs we connect people capital and ideas to help solve problems for our clients We are a leading global financial services firm providing investment banking securities and investment management services to a substantial and diversified client base that includes corporations financial institutions governments and individuals A Derivative Settlements Engineer plays a critical role in the financial services industry focusing on the technological solutions and operational processes that ensure the accurate and timely settlement of complex financial derivative transactions This role bridges the gap between financial operations and software development requiring expertise in both Role Overview The Derivative Settlements Engineer is responsible for designing developing and maintaining scalable high-quality software applications and systems that support the post-trade lifecycle of derivative products This includes ensuring efficient processing reconciliation and settlement of transactions across various asset classes such as Foreign Exchange Credit Rates Equities and Commodities The role often involves driving technical transformation and implementing modern engineering practices to enhance system reliability performance and efficiency Key Responsibilities Software Development and System Design Design develop and maintain robust scalable and high-performance applications for processing millions of derivative transactions daily This includes hands-on coding code reviews and refactoring to maintain high engineering standards Process Optimization and Automation Identify analyze and implement improvements to end-to-end trade lifecycle processes leveraging automation technologies to optimize operations and increase Straight Through Processing STP Reconciliation and Issue Resolution Participate in the reconciliation of ledgers investigate and resolve breaks cash discrepancies and perform root cause analysis for errors to enhance operational accuracy and integrity of financial data Stakeholder Collaboration Collaborate extensively with various teams including Operations Product Tech Change partners Traders and external clients to understand business requirements facilitate proper funding and develop solutions for intricate challenges Risk Management and Compliance Ensure all day-to-day queries are handled within required SLAs escalate issues above materiality thresholds and contribute to managing settlement risk and exposure Adherence to controls and understanding of regulatory requirements are crucial Project Participation Support and manage strategic projects applying change management skills to ensure seamless adoption of new processes and technologies Required Qualifications Capabilities and Skills Education A Bachelor s or Master s degree in Computer Science Financial Engineering Mathematics Finance or a related engineering field is typically required Technical Proficiency Solid proficiency in object-oriented programming languages such as Java or C Experience with scripting languages like Python or Perl Hands-on experience with UNIX systems Deep expertise in system design and strong problem-solving skills to create resilient high-performing and secure applications Experience with modern engineering practices like Agile DevOps CI CD trunk-based development test-driven development TDD and behavior-driven development BDD Domain Knowledge Understanding of financial derivatives across various asset classes e g Credit Default Swaps Interest Rate Swaps Equities Commodities Knowledge of trade lifecycle principles cash movements funding coordination and settlement processes Familiarity with financial regulations though not explicitly stated as a core engineering skill it s implied for the financial context Soft Skills Excellent communication interpersonal and relationship-building skills to manage diverse stakeholder groups Strong time management organizational and prioritization abilities to work under pressure Analytical and problem-solving skills with an ability to conduct root cause analysis Self-starter with a strong desire to learn and adapt to a fast-paced environment Preferred Qualifications Understanding of SWIFT Cross Border Payments Foreign Exchange Project management skills Knowledge on AWS AI tool usage is an advantage Goldman Sachs Engineering Culture At 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 Engineering is at the critical center of our business and our dynamic environment requires innovative strategic thinking and immediate real solutions Want to push the limit of digital possibilities Start here The Goldman Sachs Group Inc 2025 All rights reserved Goldman Sachs is an equal employment affirmative action employer Female Minority Disability Veteran Sexual Orientation Gender Identity