At a Glance
- Tasks: Create pricing models and use AI for financial analysis in a fast-paced environment.
- Company: Join a leading investment bank tackling complex financial challenges.
- Benefits: Competitive salary, dynamic team culture, and opportunities for professional growth.
- Other info: Exciting career path with exposure to diverse asset classes and risk management.
- Why this job: Make a real impact on financial solutions while developing your quantitative skills.
- Qualifications: Strong maths, coding skills, and a degree in a quantitative field required.
The predicted salary is between 50000 - 70000 £ per year.
Investment banking works on some of the most complex financial challenges and transactions in the market today. Whether advising on a merger, providing financial solutions for an acquisition, or structuring an initial public offering, we handle projects that help clients at major milestones. We work with corporations, pension funds, financial sponsors, and governments and are a team of strong analytical thinkers, who have a passion for producing out-of-the-box ideas.
The Fund Finance Strats Team sits within Global Banking & Markets (GBM) and is responsible for modelling and pricing of structured trades, as well as building risk management tools for businesses and clients using cutting edge quantitative, machine learning, and other AI techniques. The business focuses on providing customized financing solutions to clients, which covers a wide range of collateral asset classes such as private credit and equity, capital calls or specialty assets, in the forms of Loans, Repurchase Agreements (Repos), Asset-Backed Securities and Derivatives. This role offers a unique opportunity to work within this to deliver tailored solutions to our clients, across a range of asset classes, employing an innovative and quantitative skillset.
Your Impact
Strats play a critical role in deal structuring, pricing, execution and risk management for the Fund Finance business. This is a highly visible platform to put quantitative skills and knowledge in use to make a direct impact on business growth. You will gain familiarity with different asset classes & risk factors while working on various trades and projects and build a broad foundation of product knowledge.
Responsibilities
- Create and extend pricing models, marking and calibration methodologies for structured products and derivatives.
- Use machine learning, data science and AI techniques for pricing and analysis of private market assets.
- Provide analysis for new transactions, understand key risks and drive commercial outcomes using data and quantitative methods.
- Build end to end solutions from data collection to automated actions for business risk management.
Who We Look For
- Strong quantitative and coding skills with a desire to develop commercial mindset.
- Solid work ethics, team oriented and high levels of motivation.
- Ability to work in fast-paced environment and time-sensitive situations.
- Effective oral and written communication skills, which can be tailored to both technical and business audiences.
Basic Qualifications
- Bachelors degree or above and excellent academic record in a relevant quantitative field such as Mathematics, Physics, Computer Science or Engineering.
- Strong maths and quantitative skills.
- Knowledge of Stochastic Calculus and Derivative Pricing or a Machine Learning / Data Science / Applied AI background.
- Experience in object-oriented programming with a language such as Python, Java or C++.
- Knowledge of Credit / Equity markets and products with an understanding of Interest Rates and FX risk management is preferred.
- Experience in a front office Strats or similar role is a plus.
Global Banking & Markets, Fund Finance Strats, Analyst/Associate, London employer: Goldman Sachs Group, Inc.
As a leading player in the investment banking sector, our company offers an exceptional work environment in London, where innovation meets collaboration. We pride ourselves on fostering a culture that encourages analytical thinking and creativity, providing employees with ample opportunities for professional growth through exposure to complex financial challenges and cutting-edge technology. Join us to be part of a dynamic team that values your contributions and supports your career development in a fast-paced, rewarding atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land Global Banking & Markets, Fund Finance Strats, Analyst/Associate, London
✨Get Involved with Campus Finance Societies
Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!
✨Attend Industry Workshops and Webinars
Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like Goldman Sachs Group, Inc..
✨Leverage LinkedIn for Informational Interviews
Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.
✨Apply Directly through Company Websites
Don't just rely on job boards. Head directly to Goldman Sachs Group, Inc.'s careers page and look for their entry-level openings. They might have opportunities that aren’t advertised widely, so keep checking back for new listings!
We think you need these skills to ace Global Banking & Markets, Fund Finance Strats, Analyst/Associate, London
Some tips for your application 🫡
Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!
Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!
Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!
Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Brush Up on Your Financial Knowledge
Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.
✨Show Off Your Analytical Skills
Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.
✨Demonstrate Your Team Spirit
As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.
✨Prepare Thoughtful Questions
Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.
