At a Glance
- Tasks: Join a dynamic team to develop innovative FX option pricing models and trading tools.
- Company: Goldman Sachs is a global leader in financial services, committed to client success and community growth.
- Benefits: Enjoy generous paid time off, healthcare, fitness perks, and support for education and family care.
- Why this job: Be part of a fast-paced trading floor, solving complex problems and making a global impact.
- Qualifications: Strong analytical skills with a degree in a quantitative field; 1-3 years in financial modelling preferred.
- Other info: Goldman Sachs values diversity and offers numerous opportunities for personal and professional growth.
The predicted salary is between 43200 - 72000 £ per year.
Global Banking & Markets, FX Option Strat, Associate/Senior Analyst, London
Global Banking & Markets
Our core value is building strong relationships with our institutional clients, including corporations, financial service providers, and fund managers. We assist them in buying and selling financial products globally, raising funding, and managing risk. This is a dynamic, entrepreneurial team passionate about markets, thriving in fast-paced, changing environments, and energized by a bustling trading floor.
Divisional Overview
As a Global Banking & Markets Strat, you will play an integral role on the trading floor. Responsibilities may include creating cutting-edge derivative pricing models, developing automated trading algorithms, analyzing exposures, structuring transactions, and designing complex computing architectures and trading tools. Strats use quantitative and technological techniques to solve complex business problems across the division.
Responsibilities
- Develop, improve, and maintain FX option pricing models, including volatility surfaces and exotic multi-factor models.
- Develop and maintain risk reports, stress scenarios, and analyze risk of the firm’s option books.
- Collaborate with trading and sales teams to provide innovative client solutions and optimize business operations.
- Expand the foreign exchange options franchise through new business initiatives with global impact.
Qualifications
- Excellent academic record with a Bachelor’s, Master’s, or Ph.D. in a quantitative or engineering field (e.g., mathematics, finance, physics, computer science, engineering).
- Strong analytical and programming skills.
- 1-3 years of experience in quantitative financial modeling; experience with foreign exchange derivatives preferred.
- Creative problem-solving skills and the ability to communicate complex ideas effectively to trading and sales teams, both written and verbally.
- Ability to work independently and as part of a global team in a fast-paced environment.
About Goldman Sachs
Goldman Sachs is committed to helping clients, shareholders, and communities grow through our people, capital, and ideas. Founded in 1869 and headquartered in New York, we operate worldwide. We foster diversity and inclusion, providing numerous opportunities for professional and personal growth, including training, benefits, wellness, and mindfulness programs. Learn more at GS.com/careers.
Goldman Sachs is an equal employment/affirmative action employer, welcoming applications from females, minorities, individuals with disabilities, veterans, and those of diverse sexual orientations and gender identities.
Benefits
- Healthcare & Medical Insurance: Medical, dental, disability, life, and travel insurance.
- Vacation Policies: Generous paid time off, with at least three weeks annually.
- Financial Wellness & Retirement: Support for savings, retirement planning, and higher education.
- Health Services: Medical advocacy, counseling, travel assistance, and on-site health centers.
- Fitness: On-site fitness centers and reimbursement for fitness memberships.
- Child & Family Care: On-site child care, parental resources, and family support stipends.
For more details, see the full suite of benefits offered by Goldman Sachs.
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Global Banking & Markets, FX Option Strat, Associate/Senior Analyst, London London · United Kin[...] employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Banking & Markets, FX Option Strat, Associate/Senior Analyst, London London · United Kin[...]
✨Tip Number 1
Familiarise yourself with the latest trends in FX options and derivatives. Understanding current market dynamics and recent innovations in pricing models will not only enhance your knowledge but also demonstrate your passion for the field during interviews.
✨Tip Number 2
Network with professionals already working in Global Banking & Markets. Attend industry events, webinars, or local meetups to connect with individuals who can provide insights into the role and potentially refer you internally.
✨Tip Number 3
Brush up on your programming skills, particularly in languages commonly used in quantitative finance like Python or R. Being able to showcase your technical abilities in developing trading algorithms can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss complex problem-solving scenarios during your interviews. Think of examples where you've successfully tackled analytical challenges, as this will highlight your creative thinking and ability to communicate effectively with teams.
We think you need these skills to ace Global Banking & Markets, FX Option Strat, Associate/Senior Analyst, London London · United Kin[...]
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in quantitative financial modelling and programming skills. Emphasise any work with foreign exchange derivatives and showcase your academic achievements in quantitative or engineering fields.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for the role and the company. Discuss how your skills align with the responsibilities of developing FX option pricing models and collaborating with trading teams. Use specific examples to demonstrate your problem-solving abilities.
Showcase Analytical Skills: In your application, provide examples of past projects or experiences where you used analytical skills to solve complex problems. Highlight any experience with risk reports or stress scenarios, as these are crucial for the role.
Prepare for Technical Questions: Be ready to discuss your technical knowledge during the interview process. Brush up on derivative pricing models and be prepared to explain your thought process in developing automated trading algorithms or analysing exposures.
How to prepare for a job interview at Goldman Sachs Bank AG
✨Showcase Your Quantitative Skills
Make sure to highlight your academic background and any relevant experience in quantitative financial modelling. Be prepared to discuss specific projects or models you've worked on, especially those related to FX options or derivatives.
✨Demonstrate Problem-Solving Abilities
Prepare examples that showcase your creative problem-solving skills. Think of situations where you had to analyse complex data or develop innovative solutions, and be ready to explain your thought process clearly.
✨Communicate Effectively
Since the role involves collaboration with trading and sales teams, practice explaining complex ideas in simple terms. You might be asked to present a technical concept, so clarity and confidence in your communication are key.
✨Understand the Business Environment
Familiarise yourself with the current trends in global banking and markets, particularly in FX options. Being able to discuss recent developments or challenges in the industry will demonstrate your genuine interest and knowledge.