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Table of contents
1.
Introduction
1.1.
About Goldman Sachs
2.
Job Fields at Goldman Sachs
2.1.
Engineering
2.2.
Executive Office
2.3.
Firmwide Strategy
3.
Selection Criteria
3.1.
Selection Criteria for Freshers
3.2.
Selection Criteria for Experienced
4.
Skills and Experiences Required
4.1.
Engineer
4.2.
Executive Office
4.3.
Firmwide Strategy
5.
Job Opportunities at Goldman Sachs
5.1.
Software Engineer
5.2.
System Engineer
5.3.
Process Coordinator
5.4.
Security Engineer
6.
Average Salary
7.
Preparation Resources for Goldman Sachs
7.1.
Free Resources
8.
Frequently Asked Questions
8.1.
What can be the format of writing a resume?
8.2.
How challenging is it to work at Goldman Sachs?
8.3.
Can one apply for a program at more than one location or division?
8.4.
Can one change their mind about applying?
8.5.
Is Goldman Sachs using negative marking?
9.
Conclusion
Last Updated: Mar 27, 2024

Job Opportunities at Goldman Sachs

Author Aditya kumar
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Introduction

Everybody has experienced the feeling of hearing about someone getting a job at Goldman Sachs, but now it's your turn. Numerous people aspire to work for Goldman Sachs, one of the most illustrious organizations with significant economic, social, and cultural influence and one of the most valued brands.

Job Opportunities at Goldman Sachs

In this article, we'll talk about the job opportunities at Goldman Sachs. We will also go through the qualifications, the hiring procedure, and the skill sets that will enable you to land your dream job. A few resources are also given to aid you on your preparation journey.

About Goldman Sachs

American global investment bank and financial services provider Goldman Sachs is based in New York City.

About Goldman Sachs

The Goldman Sachs Group, Inc. was established in 1869 and had its main office at 200 West Street in Lower Manhattan. Regional offices are also in London, Warsaw, Bangalore, Hong Kong, Tokyo, and Salt Lake City. It is placed 59th on the Fortune 500 list of the most prominent American firms by total revenue and second on the list of investment banks in the world by revenue. The Financial Stability Board regards it as a systemically important financial institution.

Job Fields at Goldman Sachs

The following three fields are where Goldman Sachs primarily recruits:

  • Engineering 
  • Finance
  • Global Investment Research 

Engineering

According to Goldman Sachs' own careers website; there are presently 920 job opportunities at Goldman Sachs for engineers. Of the 2,080 positions available, these are about 44% of the total. A few examples of the kinds of job opportunities at Goldman Sachs that engineers hold

  1. Quantitative Strategists: Quantitative strategists are at the forefront of Goldman Sachs' operations, using various analytical techniques to solve challenges in the real world.
     
  2. Cyber Security: Cybersecurity analysts at Goldman Sachs are fighting on the front lines of this contemporary conflict. In this position, you will act as both an advisor and an engineer to safeguard their clients and our company's reputation. 
     
  3. Software Engineering: Join Goldman Sachs as a software engineer and use your expertise to assist the company to create the next generation of financial tools that will transform how their clients and internal teams conduct business.
     
  4. Systems Engineering: Systems engineers work with the complex core of systems required to support and maintain corporate business operations.
Engineering at Goldman Sachs

Executive Office

The Executive Office is one of the important job opportunities at Goldman Sachs and is crucial in developing and implementing Goldman Sachs' business strategy and maintaining the company's unique culture. Maintaining the firm's relationships with alumni, clients, shareholders, policymakers, and the general public is their responsibility, as is making sure that their staff is aware of the firm's shifting goals. In accordance with the company's social and sustainability agendas, they also collaborate with the businesses to identify high-impact opportunities.

Executive office at Goldman Sachs

Firmwide Strategy

Develops, evaluates, and executes plans for new businesses and growth initiatives across the firm and leads strategic transactions for Goldman Sachs, including acquisitions, investments, and joint ventures.

Firmwide Strategy
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Selection Criteria

Before filling in the details for job opportunities at Goldman Sachs we need to take care of the selection criteria. The selection criteria for Goldman Sachs are mentioned below for a fresher as well as experienced candidate:

Selection Criteria

Selection Criteria for Freshers

Percentage/CGPA in Class 10th  Minimum 60% or 6.0 CGPA
Percentage in Class 12th & Diploma  Minimum 60% 
Percentage/CGPA in College Graduation  Minimum 60% or 6.0 CGPA 
Completion of Graduation 2022
Allowed Gap 2 years maximum 
Type of Graduation Graduation and Post Graduation in ME, M.Tech, BE, B.Tech
Post for Fresher Summer Internship
Stipend INR 25000 or more per month (depending on your performance)
Location of the job India
Backlogs and Arrears No arrears in your graduation.

 

Selection Criteria for Experienced

Percentage/CGPA in Class 10th  Minimum 60% or 6.0 CGPA
Percentage in Class 12th & Diploma  Minimum 60%
Percentage/CGPA in College Graduation  Minimum 60% or 6.0 CGPA
Completion of Graduation 2022
Allowed Gap 2 years maximum
Type of Graduation Graduation and Post Graduation in  ME, M.Tech, BE, B.Tech
Post for Experienced Summer Internship
Stipend 12 LPA (depending on your performance)
Location of the Job India
Required Experience Working Experience of fewer than 12 months.
Backlogs and Arrears No arrears in your graduation.

 

Skills and Experiences Required

Skills and Experiences Required

For all the above-mentioned types of job opportunities at Goldman Sachs, you need to have all those skills which are mentioned below:

Engineer

The engineers at Goldman Sachs are creative thinkers who develop solutions in a variety of fields, including risk management, big data, mobile, and more. They seek out creative colleagues that are flexible, open to change, and successful in a globalized, quick-paced atmosphere.

They are looking for candidates with the following computer science skills:

  • Strong foundations in databases and distributed systems
  • The creation and evaluation of algorithms
  • Implementation of run-time systems and programming languages
     

It would be advantageous to have knowledge of finance, stochastic calculus, and financial models.

Executive Office

They want individuals with great interpersonal, writing, and verbal communication, analytical and quantitative skills from all academic backgrounds. Being a self-starter, capable of reviewing and synthesizing information, and able to make autonomous judgments are equally vital.

Firmwide Strategy

You'll be assisting Goldman Sachs with its most important strategic prospects by working in the Firmwide Strategy. They look for candidates with good multitasking, analytical, quantitative, and technological abilities and experience who are interested in working in the financial services industry. Candidates for the Firmwide Strategy team should have excellent communication skills, be able to review and synthesize information and make their own independent decisions.

Job Opportunities at Goldman Sachs

Let's look at some of the job profiles you can apply for at Goldman Sachs:

Software Engineer

Software Engineer

Join Goldman Sachs as a software engineer and use your expertise to help them create the next generation of financial technologies that will transform how the clients and internal teams conduct business.

In order to address issues and produce precise, complicated, scalable applications that aid their business and clients in gaining new insights, they combine the greatest open source software, databases, cloud services, and programming languages. You, as a software engineer, are the change agents who, by putting your technical expertise to use, revolutionize Goldman Sachs.

Every day, software engineers write code, attend meetings, work with their peers, and solve issues with web applications and programs. Typically, they multitask while working on a project.

Innovate in a collaborative, agile atmosphere with UI/UX designers, full-stack engineers, data scientists, cloud engineers, and more. Your eagerness to take on new challenges and learn will be immediately noticed.

System Engineer

System Engineer

Systems engineers work with the complex core of systems required to support and maintain corporate business operations. You have the direct chance to design, develop, install, and own a range of systems as a systems engineer, ensuring the continuous operation of all of their business lines.

You will examine networks, storage, computation, big data, application messaging, public and private clouds, and more in this position. Their engineers tackle a wide range of complex issues, including developing their data architecture, putting public and private cloud-based solutions in place, and facilitating smooth, on-demand application scaling.

Join their team of systems engineers to develop enterprise-level code that is highly testable, resilient, and scalable in a range of programming languages.

Process Coordinator

Process coordinator

A process coordinator is a person in charge of a certain area of a business process. He or she distributes information with everyone involved in the workflow and coordinates actions. Companies that work in information technology, construction, and project management frequently have employees in this administrative job.

Advanced computer proficiency, great written and verbal communication and sound decision-making abilities are prerequisites for this position. The center of the workflow is where process coordinators make decisions about what information to share and when. This has a significant effect on a process' productivity, overall effectiveness, and costs.

Security Engineer

Security Engineer

The dramatic increase in digital hazards has come to represent the 21st century. The security engineer at Goldman Sachs is fighting on the front lines of this contemporary conflict. In this position, you will serve as their firm's advisor and engineer while also defending the reputation of our clients. Software architects are among our cyber security specialists; they develop and implement solutions to monitor and manage cyber security risks. Security advisors have a thorough understanding of technology and assist in educating the company's thousands of engineers on how to implement solutions with security by design. We need all code crackers and puzzle solvers to work together to ensure the firm's and our clients' futures.

Average Salary

Average Salary

These are the average salaries for different kinds of job opportunities at Goldman Sachs according to their positions and experience:

Designation and Experience

Average Salary

Analyst

Experience: 0 - 4 yrs

15,70,000/year

(5.0L/yr - 30.0L/yr)

Senior Analyst

Experience: 1 - 5 yrs

9,60,000/year

(5.5L/yr - 18.5L/yr)

Financial Analyst

Experience: 0 - 5 yrs

9,10,000/year

(3.5L/yr - 30.0L/yr)

Vice President (VP)

Experience: 7 yrs 

40,00,000/year

(22.0L/yr - 75.0L/yr)

Senior Associate

Experience: 5 - 11 yrs

17,50,000/year

(10.6L/yr - 30.0L/yr)

Senior IT Analyst

Experience: 2 - 5 yrs

5,30,000/year

(4.2L/yr - 6.8L/yr)

Investment Banking Analyst

Experience: 0 - 3 yrs

21,20,000/year

(10.0L/yr - 35.0L/yr)

Senior Financial Analyst

Experience: 2 - 5 yrs

7,40,000/year

(4.8L/yr - 16.0L/yr)

IT Analyst

Experience: 1 - 5 yrs

4,70,000/year

(3.5L/yr - 7.6L/yr)

Software Engineer

Experience: 1 - 4 yrs 

23,30,000/year

(12.0L/yr - 35.0L/yr)

Associate/Senior Associate -(Technical)

22,20,000/year

(13.0L/yr - 32.2L/yr)

Operations Analyst

Experience: 1 - 3 yrs

5,80,000/year

(4.1L/yr - 8.0L/yr)

Technology Analyst

Experience: 1 - 3 yrs

21,40,000/year

(16.0L/yr - 30.0L/yr)

Business Analyst

Experience: 0 - 8 yrs

14,90,000/year

(6.4L/yr - 30.0L/yr)

Vice President Operations

Experience: 9 - 17 yrs 

35,10,000/year

(21.0L/yr - 57.0L/yr)

SDE (Software Development Engineer)

21,70,000/year

(12.0L/yr - 34.0L/yr)

Team Lead

Experience: 4 - 14 yrs

11,90,000/year

(7.5L/yr - 21.5L/yr)

Senior Software Engineer

Experience: 2 - 7 yrs 

29,90,000/year

(11.8L/yr - 50.0L/yr)

Equity Research Analyst

Experience: 0 - 6 yrs

20,50,000/year

(13.0L/yr - 30.0L/yr)

 

Goldman Sachs employees make an average of INR 19.9 lakhs per year.

The salary figures mentioned above are subject to change.

Preparation Resources for Goldman Sachs

Preparation resources

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Frequently Asked Questions

What can be the format of writing a resume?

It should be in Portrait Layout, less than 512 KB in size, Microsoft Word, rich text format, text or pdf file format, no password protection, and not saved as read-only.

How challenging is it to work at Goldman Sachs?

For mid-level positions, Goldman Sachs receives 1 million applications annually. Just 5,000 of those applicants, or about 0.5 percent, are hired. The bank is now almost ten times as picky as Harvard.

Can one apply for a program at more than one location or division?

Yes, you can specify up to three location/division preferences for a particular role in your application.

Can one change their mind about applying?

Yes, you can self-withdraw your application by selecting it from the menu on the left after logging into your account on the Campus Application System.

Is Goldman Sachs using negative marking?

Negative marking is unlikely to be applied; however, avoid guessing since it will lower your accuracy rating. It is occasionally possible to estimate something by assuming that some of the answer choices are unreliable.

Conclusion

We have covered job opportunities at Goldman Sachs in detail in this article. We hope that this article has improved your understanding of the various career roles offered by Goldman Sachs and their selection criteria.

To know more about the job opportunities at Goldman Sachs, the ways to get into Goldman Sachs or different profiles, you can check out these articles: 


Refer to our guided paths on Coding Ninjas Studio to learn more about DSA, Competitive Programming, JavaScript, System Design, etc. Enroll in our courses and refer to the mock test and problems available; look at the Top 150 Interview Puzzles interview experiences, and interview bundle for placement preparations.

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