The Core Engineering - Quantitative Engineer - Analyst/Associate - London
Job Description
About Corporate Treasury
Corporate Treasury manages the firm’s liquidity, funding, balance sheet and capital to maximize net interest income and return on equity through liability planning and execution, financial resource allocation, asset liability management, and liquidity portfolio management. The division is run by the Global Treasurer and works closely with the CFO, each of the firm’s businesses, Controllers, Operations, and Investor Relations among other groups at the firm. The division is ideal for collaborative individuals with strong quantitative analysis skills, interest in portfolio & liquidity management and risk management mind set.
Job Responsibilities
- Design, implement, and maintain quantitative models, tools, and frameworks for Asset Liability Management (ALM) including Net Interest Margin (NIM) forecasting, Earnings-at-Risk (EaR), and funding cost projections to optimize resources
- Develop stress and scenario analysis frameworks across portfolios, products, and legal entities to assess performance under a range of market scenarios identifying and quantifying key risk exposures, concentration risks, convexity effects, and potential vulnerabilities.
- Develop and enhancing behavioural models for deposits and other channels, such as non-maturity deposit modelling, deposit beta estimation, repricing lags, and volume flow projections under different macro scenarios and interest rate environments.
- Establish rigorous backtesting, model performance monitoring, and data quality frameworks to continuously evaluate model accuracy, identify potential drift, and refine behavioural and forecasting assumptions.
- Develop and uplift models to reflect evolving business needs, maintain model documentation and implementation, and support regulatory inquiries and second-line model validation.
- Deliver clear presentations and explanations related to balance sheet management for discussion with senior managers, committees, and key stakeholders.
Qualifications
- Excellent academic background in a quantitative field such as mathematics, physics, statistics, economics, engineering, or computer science, with a preference for Masters and PhDs.
- Strong programming skills in an object-oriented or functional paradigm such as Python, C++, or Java.
- Proven experience in a quantitative finance role, with a strong focus on ALM, funding modelling, behavioural modelling, or balance sheet management.
- Solid understanding of fixed income instruments, interest rate derivatives, curve construction methodologies, pricing/hedging strategies and their application to balance sheet risk management.
- Deep understanding of statistical and econometric modelling techniques (e.g., regression analysis, time-series forecasting, survival analysis) applied to financial products. Experience using AI-based tools in development is a plus.
- Excellent written, verbal, and team-oriented communication skills, with the ability to explain complex quantitative concepts to non-technical stakeholders.
- A self-starter with the ability to work independently as well as thrive in a collaborative, global team environment.
About Goldman Sachs
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, 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.
The Goldman Sachs Group, Inc., 2026. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Job Info
- Job Identification
- Job Category Associate
- Posting Date 09/21/2026, 10:28 AM
- Locations London, Greater London, England, United Kingdom
Healthcare & Medical Services
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
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 & Retirement
We 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’ priorities.
Health
We 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.
Fitness
To 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).
We 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 Sachs
Read more about the full suite of class-leading benefits our firm has to offer. Learn More
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The Core Engineering - Quantitative Engineer - Analyst/Associate - London employer: Goldman Sachs Group, Inc.
Goldman Sachs is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. With comprehensive training and mentorship, employees are empowered to develop their skills and advance their careers while building valuable relationships across the firm. The opportunity to work in such a prestigious environment not only enhances professional growth but also provides a unique platform for impactful contributions within the financial sector.
