GBM Public - Ficcs GCEM Strats - Quantitative Engineer - Associate - New York

Global Banking & Markets, Ficcs GCEM Strats - Quantitative Engineer -Associate - New York

MORE ABOUT THIS JOB

What We Do

Operating at the center of global financial markets, Global Banking & Markets Division serve institutional clients including asset managers, hedge funds, banks and brokerages, pensions, endowments and foundations, corporations and governments. We help them buy and sell financial products around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

The Global Currency and Emerging Markets (GCEM) Strats team work closely with trading to develop quantitative and technological techniques to solve complex business problems. Desk Strats sit on trading floors, creating cutting-edge models, analytics, data visualization and trading tools, for our internal and external clients.

Your Impact

Do you have strong quantitative and analytical skills and a passion for financial markets? As a desk strat in GCEM team you'll have the opportunity to apply your quantitative skills solving complex problem and create innovative solutions for our clients, at the same time you'll be operating in the center of financial markets with plenty opportunity to learn.

Your work will be directly linked to the business bottom line. Whether it's building a pricing model for a new product that help client hedging risk, or developing automatic pricing algorithms to help desk make better decisions in pricing or hedging, they all result in immediate commercial impact for the desk.

You'll have a highly visible platform to use your skills and knowledge into making a direct impact to the firm's bottom line. Given that the GCEM desk is global cross-asset desk, you will also gain exposure to a wide range of asset classes & risk factors (Credit/FX/Rates, vanillas/options/structured exotics). This provides an invaluable opportunity for you to sharpen your skills in different domains and build a deep and broad foundation of product knowledge.

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities

Within the GCEM Desk Strat role, you will be responsible for creating and providing solutions to the GCEM trading desk, in one or multiple asset classes including Rates, FX and Credit, from One Delta to Exotics products.

This includes but not limited to:

• Developing and optimizing market making algorithms and systems
• Conduct research and deploy machine learning models for trading
• Pricing and hedging analysis for complex transactions
• Developing and maintaining cutting-edge derivative pricing models

Who We Look For

We are looking for candidates with strong quantitative, programming and communication skills with a keen interest applying those skills in the financial markets.

Basic Qualifications and Preferred Qualifications

• MS, or PhD in quantitative field, e.g., Math, Stats, Computer Science or Engineering
• Deep knowledge of cutting-edge machine learning models and extensive hands-on experience
• Self-driven, quick learner, can-do attitude, results-oriented
• Excellent written and verbal communication skills
• Strong problem solving and analytical skills
• Strong coding skills

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

The Goldman Sachs Group, Inc., 2023. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.