At a Glance
- Tasks: Lead quantitative trading strategies and develop advanced models for FICC products.
- Company: Join Goldman Sachs, a global leader in investment banking and finance.
- Benefits: Enjoy competitive salary, health insurance, generous vacation, and wellness programs.
- Why this job: Make an impact with cutting-edge technology in a dynamic trading environment.
- Qualifications: Strong background in quantitative fields and programming skills in C++, Java, or Python.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
The predicted salary is between 43200 - 72000 £ per year.
We are a team of FICC Quantitative Researchers who work to transform the Fixed Income, Currencies, and Commodities (FICC) business through quantitative trading, automating the key decisions taken every day. Our team has a wide remit across product types such as Interest Rates (IR), Foreign Exchange (FX), Credit, and Commodities, with strategies including market making, automatic quoting, central risk books, systematic trading, and algorithmic execution, trading on venues around the world. We deploy statistical analysis techniques and mathematical models, including advanced machine learning and AI, to improve business performance while working closely with traders and salespeople on the trading floor to bring value to our clients and the firm.
Role Responsibilities:
- Take a leading role on our Quantitative Trading & Market Making desk, building market making and quoting strategies across FICC products.
- Use advanced statistical analysis and quantitative techniques such as neural networks, machine learning, and factor models to build models that drive systematic alpha strategies which make real-time trading and risk management decisions.
- Implement frameworks to manage risk centrally and build optimal portfolios across FICC asset classes.
- Build model calibration frameworks for our advanced statistical and AI models, operating at scale with large quantities of time series data, ensuring accuracy and compliance.
- Drive our market making strategy development using a range of technologies, and collaborate closely with Quant Developers and core engineering teams to enhance core analytics infrastructure and trading tools.
- Develop and enhance critical pricing, trading, and risk tools, and create new frameworks leveraging trade and franchise data to optimize and systematize market making and hedging strategies.
Basic Qualifications:
- Excellent academic record in a relevant quantitative field such as physics, mathematics, statistics, engineering, or computer science.
- Strong programming skills in an object-oriented or functional paradigm such as C++, Java, or Python.
- Self-starter with strong self-management skills, ability to manage multiple priorities and deliver in a high-pressure environment.
- Excellent written and verbal communication skills, with the ability to articulate complex quantitative concepts to both technical and non-technical audiences.
Global Banking & Markets, FICC SMM Quantitative Researcher, Associate / VP, London London · Uni[...] 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, FICC SMM Quantitative Researcher, Associate / VP, London London · Uni[...]
✨Tip Number 1
Network like a pro! Reach out to current or former employees in the FICC space on LinkedIn. A friendly chat can give you insider info and maybe even a referral!
✨Tip Number 2
Prepare for those tricky technical interviews. Brush up on your programming skills in Python or C++, and be ready to discuss your quantitative models. Practice makes perfect!
✨Tip Number 3
Showcase your projects! If you've worked on any relevant quantitative research or trading strategies, make sure to highlight them in your conversations. Real-world examples can set you apart.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team!
We think you need these skills to ace Global Banking & Markets, FICC SMM Quantitative Researcher, Associate / VP, London London · Uni[...]
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of a FICC Quantitative Researcher. Highlight your relevant skills in programming, statistical analysis, and any experience with machine learning or AI. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about quantitative research in FICC and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Projects: If you've worked on any relevant projects, whether academic or personal, make sure to include them. We’re interested in seeing how you’ve applied your skills in real-world scenarios, especially those involving trading strategies or risk management.
Apply Through Our Website: Don’t forget 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 gives you a chance to explore more about our culture and values!
How to prepare for a job interview at Goldman Sachs Bank AG
✨Know Your Quantitative Stuff
Brush up on your knowledge of statistical analysis techniques and machine learning. Be ready to discuss how you've applied these in real-world scenarios, especially in FICC contexts. This will show that you can hit the ground running.
✨Show Off Your Programming Skills
Make sure you're comfortable with programming languages like Python, C++, or Java. Prepare to talk about specific projects where you've used these skills to solve complex problems. A coding challenge might come up, so practice beforehand!
✨Communicate Clearly
You’ll need to explain complex quantitative concepts to both technical and non-technical folks. Practice articulating your thoughts clearly and concisely. Consider doing mock interviews with friends to refine your communication style.
✨Understand the Business
Familiarise yourself with the FICC market and current trends. Being able to discuss how quantitative research impacts trading strategies will impress your interviewers. Show them you’re not just a number cruncher but also understand the bigger picture.