Goldman Sach’s global hiring spree for its flagship Marquee platform, which lets clients tap the bank’s content, portfolio analytics, risk, and execution services, is extending into Hong Kong. While most of Goldman’s Marquee jobs are in New York, London and in the tech hubs of Warsaw and Bengaluru, it has also been advertising for Hong Kong-based engineering roles as the platform becomes more critical to the bank’s overall business strategy.
Goldman began developing Marquee back in 2013, with a view to allowing clients to interact electronically via APIs, code snippets that let users plug straight into Goldman’s systems. Over the past two years Goldman has stepped up recruitment for Marquee – it hired 60 development staff for the platform in 2018 and currently has 35 Marquee jobs on its careers site.
In Hong Kong, Goldman is hiring a Marquee RFQ (requests for quotes) engineering professional. To land this role, you’ll need programming experience in a complied language (such as Java or C#) or in an interpreted one (e.g. Python). “Strong knowledge of data structures, algorithms, and designing for performance” are a must, according to Goldman’s careers site. The US bank was also hiring for its Hong Kong Marquee team late last year, including in software engineering.
Goldman is touting its Hong Kong Marquee jobs as allowing tech professionals to “work on some of the most complex technical and design challenges in technology and finance”. While this is open to debate, it’s undoubtedly true that taking a Marquee job in Hong Kong will put you at the forefront of Goldman’s global strategy.
In the first nine months of 2019, Goldman spent $859m on technology and communications, up 13% year-on-year. Goldman CEO David Solomon is due to unveil a new strategy for the bank this month, the basics of which have already been outlined. Goldman’s future is going to be focused on ‘platforms’ that generate recurring revenues with minimal additional cost. Marquee is already one of the most critical of these platforms – Goldman CFO Stephen Scherr said in October that Marquee has over 50,000 monthly active users and more than 1m API daily data requests.
In January last year, Marty Chavez, Scherr’s predecessor in the CFO role, said the future of finance is all about APIs. “I cannot say it enough; it is going in the direction of who produces APIs and who consumes APIs,” he said.
Last month, at Amazon’s re:Invent 2019 conference, CEO Solomon announced that Marquee is moving onto Amazon Web Services (AWS) to encourage external developers to build the platform into new software products and apps.
Succeeding in Goldman’s latest Hong Kong-based Marquee job isn’t just about having excellent technical skills. “At times you will be asked to step into the trading floor environment and at others you will be called upon to guide the decisions of leadership,” according to the bank’s careers.
Photo by Joshua J. Cotten on Unsplash
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