At a Glance
- Tasks: Join the Equities STS Strats team to develop and maintain innovative trading strategies.
- Company: Goldman Sachs is a leading global investment banking and securities firm with a commitment to diversity.
- Benefits: Enjoy professional growth opportunities, wellness programs, and a supportive work culture.
- Why this job: Be part of a dynamic team on a bustling trading floor, making impactful financial decisions.
- Qualifications: Strong quantitative background, coding skills, and a passion for finance are essential.
- Other info: This role offers exposure to cutting-edge financial products and collaboration with top industry professionals.
The predicted salary is between 43200 - 72000 Β£ per year.
GLOBAL BANKING & MARKETS Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges 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. OUR IMPACT We are part of the Systematic Trading Strategy (STS) team. The STS team develops systematic and client-led investment strategies for our clients. The Strats business unit is a world leader in developing quantitative and technological expertise to solve complex business problems. Working within the firm\βs trading, sales, banking, and investment management divisions, strats use their mathematical and scientific training to create financial products, advise clients on transactions, measure risk, and identify market opportunities. YOUR IMPACT We are looking for a professional to join the Equities STS Strats team, with a specialization on the iSelect platform. iSelect is a fast-growing product line, which provides clients with the ability to allocate holdings among various asset classes: single stocks, futures, options, GS indices etc. This is a key front-office role responsible for developing and maintaining iSelect strategies. You would work closely with product developers, sales, trading, and fellow strats to develop and implement a robust and scalable platform which can accommodate hundreds of actively managed indices. SKILLS & EXPERIENCE WE\βRE LOOKING FOR The role will cover the full spectrum of index development and support, including implementation in the front-office modelling system, index methodology documentation, product development, parameter analysis and robustness testing, integration into front-office pricing and risk models, ongoing support for production indices and risk systems, and working with the relevant sales and trading teams on marketing and risk management. BASIC QUALIFICATIONS Strong academic background in a quantitative or technical discipline Advanced coding and software design skills in any recognized programming language e.g. Python, Java, C++ Understanding of basic financial math concepts, e.g. Black Scholes pricing and strong interest in finance Excellent written and verbal communication skills High level of diligence and discipline Comfortable managing multiple stakeholders, demonstrating initiative and showing commercial impact PREFERRED QUALIFICATIONS Experience within Equities, specifically single stocks Experience implementing or developing systematic and actively managed strategies Experience developing and supporting risk systems 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\βre 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\βre 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 #J-18808-Ljbffr
Contact Detail:
NCAA (National Collegiate Athletic Association) Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Global Banking & Markets, Systematic Trading Strategy (STS) Strat / Quant, VP, London
β¨Tip Number 1
Familiarise yourself with the iSelect platform and its functionalities. Understanding how it operates and the strategies it employs will give you a significant edge during interviews, as you'll be able to discuss specific examples and demonstrate your knowledge of the product.
β¨Tip Number 2
Network with professionals in the Equities and systematic trading space. Attend industry events or webinars where you can meet people from Goldman Sachs or similar firms. Building these connections can provide insights into the role and potentially lead to referrals.
β¨Tip Number 3
Brush up on your coding skills, particularly in Python, Java, or C++. Consider working on personal projects that involve financial modelling or risk assessment to showcase your technical abilities and understanding of financial concepts.
β¨Tip Number 4
Stay updated on market trends and developments in systematic trading strategies. Being knowledgeable about current events and innovations in the finance sector will not only help you in interviews but also show your genuine interest in the field.
We think you need these skills to ace Global Banking & Markets, Systematic Trading Strategy (STS) Strat / Quant, VP, London
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your strong academic background in quantitative or technical disciplines, as well as your coding skills in languages like Python, Java, or C++. Emphasise any relevant experience in Equities and systematic strategies.
Craft a Compelling Cover Letter: In your cover letter, express your passion for finance and the markets. Discuss how your skills align with the responsibilities of the role, particularly in developing and maintaining iSelect strategies. Use specific examples to demonstrate your expertise.
Showcase Communication Skills: Since excellent written and verbal communication skills are crucial for this role, ensure that your application materials are clear, concise, and free of jargon. Highlight any experiences where you successfully managed multiple stakeholders or demonstrated initiative.
Highlight Relevant Projects: If you've worked on projects related to risk systems or index development, be sure to include these in your application. Detail your contributions and the impact they had, showcasing your ability to solve complex business problems.
How to prepare for a job interview at NCAA (National Collegiate Athletic Association)
β¨Showcase Your Quantitative Skills
Make sure to highlight your strong academic background in quantitative disciplines. Be prepared to discuss specific projects or experiences where you've applied mathematical concepts, especially in finance, as this role heavily relies on such expertise.
β¨Demonstrate Coding Proficiency
Since advanced coding skills are crucial for this position, come ready to discuss your experience with programming languages like Python, Java, or C++. You might even be asked to solve a coding problem during the interview, so brush up on your coding skills beforehand.
β¨Understand Financial Concepts
Familiarise yourself with basic financial mathematics, particularly concepts like Black-Scholes pricing. Being able to explain these concepts clearly will show your understanding of the financial products you'll be working with.
β¨Prepare for Stakeholder Management Questions
This role involves managing multiple stakeholders, so be ready to share examples of how you've successfully navigated complex relationships in previous roles. Highlight your initiative and any commercial impact you've made in past projects.