At a Glance
- Tasks: Join a dynamic team managing client assets and innovating in quantitative portfolio management.
- Company: Goldman Sachs, a leading global investment firm with a commitment to diversity and inclusion.
- Benefits: Competitive salary, generous vacation, health services, and financial wellness support.
- Other info: Exciting career growth opportunities in a supportive and innovative environment.
- Why this job: Make an impact in the finance world while collaborating with talented professionals.
- Qualifications: Strong Python skills and knowledge of options pricing and advanced statistics required.
The predicted salary is between 50000 - 70000 € per year.
A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world's leading asset managers with over $3 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance.
As a primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.
ROLE SUMMARY
The Quantitative Investment Strategies (QIS) group within Asset & Wealth Management is responsible for managing client assets, and is a market leader in quantitative portfolio management. We use advanced quantitative methods to structure, manage, and monitor investment portfolios including Exchange-Traded Funds (ETFs), mutual funds, and separately managed accounts. The role focuses on Systematic Volatility investing within our QIS Liquid Alternatives group and will contribute to the innovation and future growth of our volatility investing franchise with a particular focus on Defined Outcome and other derivatives-based structures in an ETF wrapper.
RESPONSIBILITIES
- Perform portfolio research and portfolio construction for liquid, derivatives-based portfolios.
- Contribute to quantitative research on systematic volatility strategies across equity and other Macro asset classes.
- Collaborate with senior portfolio managers to further develop, enhance, and maintain the research and portfolio management platform, encompassing strategy backtesting, performance monitoring, and risk analysis.
- Manage the end-to-end lifecycle of core software repositories both in research and production environments, creating and reviewing code in accordance to the team's SDLC requirements, to support the code base infrastructure.
- Manipulate structured and unstructured large datasets to extract quantitatively based insights for systematic volatility strategies.
- Assess the feasibility of systematic investment strategies regarding trading and implementation, incorporating liquidity and trading cost considerations.
- Serve as a junior portfolio manager for the systematic volatility vertical within the QIS Liquid Alternatives group.
- Monitor systematic volatility premia models on an ongoing basis to ensure expected return delivery within expected risk parameters.
- Review and sign off trades generated by the team’s systematic investment models.
- Contribute to the monitoring to ensure that the portfolios and associated materials are compliant with the relevant regulatory, governance, and risk processes.
- Assist client-facing personnel when addressing client requests requiring quantitative analysis as well as when directly engaging with clients in in-depth discussions about volatility-based portfolios.
REQUIRED QUALIFICATION
- Excellent Python programming skills and experience with other programming languages (e.g. C# or other languages).
- Proficiency in developing and deploying high-quality code within a production environment, ensuring strict adherence to established architectural standards and coding best practices.
- Knowledge of options pricing theory (classic and modern pricing methods, portfolio replication and stochastic calculus) and options derivatives analysis.
- Strong familiarity with advanced statistics, linear algebra, asset pricing models, and optimization techniques.
- Ability to synthesize and present research analysis, recommendations, and implications of investment decisions to senior management, client-facing personnel, as well as clients.
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.
Asset & Wealth Management, QIS Liquid Alternatives – Portfolio Management, Analyst, London employer: Goldman Sachs Bank AG
Goldman Sachs Asset & Wealth Management is an exceptional employer, offering a dynamic work environment in London where innovation and collaboration thrive. With a strong commitment to employee growth, the firm provides extensive training and development opportunities, alongside a comprehensive benefits package that includes health services, financial wellness programs, and generous vacation policies. The culture at Goldman Sachs values integrity, diversity, and inclusion, making it a rewarding place for professionals seeking to make a meaningful impact in the asset management industry.
StudySmarter Expert Advice🤫
We think this is how you could land Asset & Wealth Management, QIS Liquid Alternatives – Portfolio Management, Analyst, London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Goldman Sachs through LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your Python skills and understanding options pricing theory. Be ready to discuss how you can apply your knowledge to systematic volatility strategies – they’ll love that!
✨Tip Number 3
Show your passion for quantitative investment strategies! During interviews, share your thoughts on recent trends in the market and how they could impact portfolio management. This will demonstrate your enthusiasm and insight.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Goldman Sachs.
We think you need these skills to ace Asset & Wealth Management, QIS Liquid Alternatives – Portfolio Management, Analyst, London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role. Highlight your Python programming skills and any experience with quantitative research or portfolio management. We want to see how your background aligns with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about systematic volatility investing and how your skills can contribute to our QIS Liquid Alternatives group. Keep it concise but impactful!
Showcase Your Analytical Skills:In your application, don’t forget to showcase your analytical skills. Mention any relevant projects or experiences where you’ve manipulated large datasets or conducted quantitative analysis. We love seeing how you think!
Apply Through Our Website:Finally, make sure to apply through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to navigate!
How to prepare for a job interview at Goldman Sachs Bank AG
✨Know Your Quantitative Stuff
Make sure you brush up on your knowledge of options pricing theory and advanced statistics. Be ready to discuss how you've applied these concepts in real-world scenarios, especially in portfolio management or quantitative research.
✨Show Off Your Coding Skills
Since Python is a must-have for this role, prepare to demonstrate your coding abilities. You might be asked to solve a problem on the spot, so practice writing clean, efficient code and be familiar with best practices in software development.
✨Understand the Business
Familiarise yourself with Goldman Sachs' approach to asset and wealth management, particularly in systematic volatility investing. Be prepared to discuss how your skills can contribute to their goals and how you can help clients achieve long-term performance.
✨Ask Insightful Questions
Prepare thoughtful questions that show your interest in the role and the company. Inquire about the team's current projects, challenges they face in portfolio management, or how they integrate quantitative strategies into their investment processes.
