New York, New York, USA
14 days ago
Quantitative Engineer - Financial Engineering | New York | 2024

MORE ABOUT THIS JOB

Please note division and function examples are representative of opportunities common for this skill-set. The list is not exhaustive, and availability of open roles is determined based on business need. Specific roles will be confirmed through the interview process.

 RESPONSIBILITIES

Our quantitative strategists are at the cutting edge of our business, solving real-world problems through a variety of analytical methods. Working in close collaboration with bankers, traders and portfolio managers across the firm, their invaluable quantitative perspectives on complex financial and technical challenges power our business decisions.

As a member of our team, you will use your advanced training in mathematics, programming and logical thinking to construct quantitative models that drive our success in global financial markets. Your talents for research, analysis and aptitude for innovation will define your contributions and enable you to find solutions to a broad range of problems, in a dynamic, fast-paced environment.

Whatever your background, you will bring a fresh perspective and unique skillset to our business. In return, you will be trained by our experts across the firm to navigate the complexities of the financial markets and state-of-the-art methods in quantitative finance.

An ordinary day is anything but. You may work on alpha generating strategies; discuss portfolio allocation problems; and build models for prediction, pricing, trading automation, data analysis and more. Whichever your area of contribution, your ideas will have measurable effect on our business and for our clients.

BASIC QUALIFICATIONS

1 - 5 years of work experienceStrong analytical and problem solving skills using math, statistics, and programmingWork experience in data analysis is preferableBasic fixed income & bond mathematics knowledge is preferableExperience in development of models for bespoke financial products is preferablePhD or Masters in applicable field e.g. computer science, mathematics, physics, engineering, computational finance, quantitative financeStrong programming skills and experience with an object oriented programming language (such as C++, Python, or Java)

Why join the team? 

Broad exposure to pricing and calibration models for a variety of financial products, including derivatives, illiquid cash products, private equity, etc.  Exposure to challenging quantitative problems such as modeling risks for derivatives, large scale Monte-Carlo simulations of complete portfolios across the firm, fast and accurate approximate valuation measurementsExposure to machine learning and data science skills, and applications in financeGain understanding of evolving regulatory framework and leverage quantitative skills to help the firm manage capital resourcesInterpersonal Communication: You’ll engage with business users and engineers across all areas of the business to understand their requirements and to propose solutions tailored to their needsAutonomy: You’ll have significant autonomy in designing and writing solutions to help our stakeholders deliver for the firm’s clients.Creativity: You’ll be encouraged to suggest improvements to products and to propose ways in which we can add value for our stakeholders.Training: Your manager will support your professional development, allowing you time for training at work, helping you learn and grow within the organization, and providing opportunities for increasing responsibility.    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 firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.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   © The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
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