At a Glance
- Tasks: Join a dynamic team to develop and maintain derivatives pricing models and algorithms.
- Company: Goldman Sachs is a top global investment firm, committed to diversity and growth.
- Benefits: Enjoy opportunities for professional development and a diverse, inclusive workplace.
- Why this job: Be at the forefront of finance, solving real-world problems with cutting-edge technology.
- Qualifications: Strong background in quantitative fields; programming experience in Python, C++, Java, or Scala required.
- Other info: Open to recent graduates or those with up to 4 years of relevant experience.
The predicted salary is between 28800 - 48000 Β£ per year.
Global Banking & Markets β Quantitative Engineering β Associate/Vice President β London London, Greater London, England, United KingdomGLOBAL BANKING & MARKETSOur 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 IMPACTWe 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.Responsibilities 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 Bachelors, Masters, or PhD in Mathematics, Physics, Computer Science, Engineering or similar subject.Strong programming skills, including clear understanding of algorithms and data structures.Excellent written and verbal communication skillsHigh level of diligence and disciplineComfortable managing multiple stakeholders, demonstrating initiative and showing commercial impactBenefits 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 are committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has 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.htmlWe offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.Financial Wellness & RetirementWe assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees\β priorities.Health ServicesWe offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.FitnessTo encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).Child Care & Family CareWe offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.Benefits at Goldman SachsRead more about the full suite of class-leading benefits our firm has to offer.
#J-18808-Ljbffr
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Quantitative Engineering
β¨Tip Number 1
Familiarise yourself with the latest trends in quantitative finance and derivatives pricing. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
β¨Tip Number 2
Brush up on your programming skills, especially in Python, C++, Java, or Scala. Consider working on personal projects or contributing to open-source projects that showcase your coding abilities relevant to quantitative engineering.
β¨Tip Number 3
Network with professionals in the finance and technology sectors. Attend industry events, webinars, or meetups to connect with people who can provide insights into the role and potentially refer you to opportunities at Goldman Sachs.
β¨Tip Number 4
Prepare for technical interviews by practising problem-solving and algorithm questions. Use platforms like LeetCode or HackerRank to sharpen your skills, as these are often a key part of the interview process for quantitative roles.
We think you need these skills to ace Quantitative Engineering
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your academic background in relevant quantitative fields like Finance, Mathematics, or Computer Science. Emphasise any experience with programming languages such as Python, C++, Java, or Scala.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Quantitative Engineering role at Goldman Sachs. Discuss how your skills and experiences align with the responsibilities outlined in the job description, particularly in derivatives pricing and automation.
Showcase Relevant Projects: If you have worked on projects related to derivatives pricing models or algorithm development, be sure to include these in your application. Detail your contributions and the impact of your work to demonstrate your practical experience.
Highlight Communication Skills: Since excellent communication skills are essential for this role, provide examples in your application that showcase your ability to convey complex ideas clearly, both in writing and verbally. This could include presentations, reports, or collaborative projects.
How to prepare for a job interview at Goldman Sachs Bank AG
β¨Showcase Your Technical Skills
Be prepared to discuss your experience with programming languages like Python, C++, Java, or Scala. You might be asked to solve a coding problem or explain your approach to building algorithms, so brush up on your technical knowledge and be ready to demonstrate your skills.
β¨Understand the Financial Concepts
Since the role involves derivatives pricing and market-making, make sure you have a solid grasp of financial concepts related to these areas. Familiarise yourself with how derivatives work and be ready to discuss recent trends in the financial markets.
β¨Communicate Clearly
Excellent communication skills are essential for this role. Practice explaining complex quantitative concepts in simple terms, as you will need to collaborate with traders and salespeople who may not have a technical background. Clear communication can set you apart from other candidates.
β¨Demonstrate Problem-Solving Abilities
Prepare to discuss specific examples of how you've tackled complex problems in the past. Think about challenges you've faced in your academic or professional experience and how you approached them using analytical methods. This will show your potential employer that you can think critically and creatively.