At a Glance
- Tasks: Conduct portfolio research and manage innovative investment strategies in a dynamic team.
- Company: Join Goldman Sachs, a leading global investment firm with a commitment to diversity and inclusion.
- Benefits: Enjoy competitive salary, generous vacation, health services, and professional development opportunities.
- Other info: Experience a vibrant workplace culture with excellent career growth potential.
- Why this job: Make an impact in the world of finance 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.
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 Qualifications:
- 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.
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.
Locations: London, Greater London, England, United Kingdom
Asset & Wealth Management, QIS Liquid Alternatives – Portfolio Management, Analyst, London employer: Goldman Sachs Group, Inc.
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 diversity and inclusion, employees benefit from extensive professional growth opportunities, competitive vacation policies, and comprehensive wellness programs, all while contributing to meaningful investment strategies that impact clients globally.
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 people in the industry, especially those at Goldman Sachs. Use LinkedIn to connect and engage with them. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by brushing up on your Python skills and understanding options pricing theory. Be ready to discuss your experience with quantitative strategies and how they relate to systematic volatility investing.
✨Tip Number 3
Showcase your passion for asset management! When you get the chance to speak with someone from Goldman Sachs, share your insights on market trends and how you see the future of volatility investing. It’ll make you stand out!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. 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 analysis. We want to see how your background aligns with the responsibilities of the Analyst position.
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 Relevant Projects:If you've worked on any projects related to portfolio management or quantitative research, make sure to mention them. We love seeing practical examples of your work that demonstrate your ability to handle large datasets and coding challenges.
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 shows you’re serious about joining our team at Goldman Sachs.
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Quantitative Stuff
Make sure you brush up on your knowledge of options pricing theory and systematic volatility strategies. Be ready to discuss how you would apply advanced statistics and linear algebra in real-world scenarios, as this will show your understanding of the role's requirements.
✨Show Off Your Coding Skills
Since Python programming is crucial for this position, prepare to demonstrate your coding abilities. You might be asked to solve a problem or explain your thought process while writing code, so practice articulating your approach clearly and confidently.
✨Understand the Company Culture
Goldman Sachs values integrity and transparency, so be prepared to discuss how these principles resonate with you. Think of examples from your past experiences where you've demonstrated these values, as it will help you connect with the interviewers.
✨Prepare for Client Interactions
As you'll be assisting client-facing personnel, think about how you would handle client requests requiring quantitative analysis. Prepare to discuss how you would communicate complex information in a way that's easy for clients to understand, showcasing your ability to build relationships.
