At a Glance
- Tasks: Lead a team to develop and maintain cutting-edge market risk models for equities.
- 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 a real impact in the finance world with innovative quantitative solutions.
- Qualifications: PhD or relevant experience in quantitative fields; strong programming skills required.
- Other info: Dynamic work environment with opportunities for personal and professional growth.
The predicted salary is between 72000 - 108000 £ per year.
We are currently seeking experienced candidates for the position of Vice President in Market Risk Strats team within the Risk Division to lead Equities Market risk Strats. The Market Risk Strats team is a multidisciplinary group of quantitative experts focusing on market risk and capital models. The team is primarily responsible for designing, implementing and maintaining quantitative models for metrics such as Value-at-Risk, Stress Tests and Capital.
Responsibilities
- Developing, refining and maintaining robust and production quality market risk models (such as value-at-risk, stress tests) and capital models covering Equities businesses.
- This involves identifying market risk factors for various equity products (derivatives) and building mathematical models to capture their economic and statistical characteristics.
- Implementing, testing and productionizing models and analytics. This involves prototyping models, implementing them and designing tests to ensure the quality of implementation as well as tests for the continuous functioning of the models.
- Performing pricing analyses, risk and capital impact analyses.
- Interact with various other groups such as risk managers, senior managers and stakeholders to explain the results of the models and analytics and provide quantitative advice.
- Leading a team of quantitative analysts, managing their day-to-day activities.
Basic Qualifications
- Strong quantitative skills with a PhD degree in a quantitative discipline (Physics, Mathematics, Quantitative Finance, Computer Science, Engineering, etc.) along with 5 years of relevant work experience or a Bachelor’s/Master’s degree in a quantitative discipline with 8 years of relevant work experience.
- Excellent command of mathematics, modeling and numerical techniques. Good knowledge of statistics, time series analysis, econometric modeling and probability theory.
- Strong programming skills and experience with a popular programming language (Java, C++, Python etc.).
- Hands‑on experience of developing pricing models/risk models for equities (derivatives).
- Experience in managing a team of quantitative analysts.
Risk - Quantitative Engineering - Vice President - London London · United Kingdom · Vice President employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk - Quantitative Engineering - Vice President - London London · United Kingdom · Vice President
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and risk management sectors. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! Create a portfolio showcasing your quantitative models and analyses. This can be a great conversation starter during interviews and helps demonstrate your expertise in market risk and capital models.
✨Tip Number 3
Prepare for those tricky interview questions! Brush up on your technical knowledge and be ready to discuss your experience with programming languages like Python or C++. Practice explaining complex concepts in simple terms, as you’ll need to communicate effectively with various stakeholders.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our company. So, get that application in and let’s make it happen!
We think you need these skills to ace Risk - Quantitative Engineering - Vice President - London London · United Kingdom · Vice President
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Vice President in Market Risk Strats. Highlight your quantitative skills, relevant experience, and any leadership roles you've held. 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 market risk and how your expertise can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Technical Skills: Since this role requires strong programming skills, make sure to mention your proficiency in languages like Python or Java. If you’ve developed any models or analytics, share those experiences with us – we’re keen to see your hands-on work!
Apply Through Our Website: We encourage you to apply directly 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 – just follow the prompts!
How to prepare for a job interview at Goldman Sachs Bank AG
✨Know Your Models Inside Out
Make sure you have a deep understanding of the quantitative models relevant to market risk, especially Value-at-Risk and stress tests. Be prepared to discuss your experience in developing and implementing these models, as well as any challenges you've faced and how you overcame them.
✨Brush Up on Your Programming Skills
Since strong programming skills are essential for this role, ensure you're comfortable discussing your experience with languages like Python, Java, or C++. You might be asked to solve a coding problem or explain how you've used programming in your previous roles, so practice articulating your thought process.
✨Prepare for Team Leadership Questions
As a Vice President, you'll be leading a team of quantitative analysts. Think about your leadership style and be ready to share examples of how you've managed teams in the past. Highlight your ability to mentor others and how you handle conflicts or challenges within a team.
✨Engage with Stakeholders
You'll need to interact with various groups, including risk managers and senior stakeholders. Prepare to discuss how you've communicated complex quantitative concepts to non-technical audiences. Practice explaining your models and analyses in simple terms, as this will demonstrate your ability to bridge the gap between technical and non-technical teams.