At a Glance
- Tasks: Lead a team to develop and maintain cutting-edge market risk models for equities.
- Company: Join Goldman Sachs, a leader in financial services with a commitment to innovation.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Inclusive workplace with a focus on diversity and equal opportunity.
- Why this job: Make a real impact in the finance world while working with top quantitative experts.
- Qualifications: PhD or relevant experience in quantitative fields; strong programming and analytical skills.
The predicted salary is between 80000 - 100000 € 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.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. 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.
Market Risk Strats, Equities Risk, VP, London employer: Goldman Sachs Group, Inc.
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee development, we provide extensive growth opportunities through mentorship and training, ensuring that our team members excel in their careers. Our inclusive culture values diverse perspectives, fostering a supportive atmosphere that empowers employees to make meaningful contributions in the fast-paced world of market risk.
StudySmarter Expert Advice🤫
We think this is how you could land Market Risk Strats, Equities Risk, VP, London
✨Network Like a Pro
Get out there and connect with folks in the industry! Attend events, join online forums, or hit up LinkedIn. The more people you know, the better your chances of landing that VP role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your quantitative skills and experience with market risk models. Share specific examples of your work to really impress them!
✨Prepare for Technical Questions
Brush up on your programming languages and quantitative techniques. Be ready to tackle technical questions during interviews, as they’ll want to see how you think and solve problems on the spot.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team.
We think you need these skills to ace Market Risk Strats, Equities Risk, VP, London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Market Risk Strats role. Highlight your quantitative skills, relevant experience, and any specific projects that align with the responsibilities mentioned in the job description.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this VP position. Share your passion for market risk and how your background in quantitative finance makes you an ideal candidate to lead our team.
Showcase Your Technical Skills:Don’t forget to emphasise your programming skills and experience with risk models. Mention the languages you’re proficient in and any relevant projects that demonstrate your ability to develop robust market risk models.
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 it gets into the right hands quickly!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Models Inside Out
Make sure you can discuss the quantitative models you've worked on in detail. Be prepared to explain how you developed, tested, and implemented them, especially focusing on Value-at-Risk and stress tests. This shows your depth of knowledge and hands-on experience.
✨Brush Up on Your Programming Skills
Since strong programming skills are crucial for this role, ensure you're comfortable discussing your experience with languages like Python, Java, or C++. You might even want to prepare for some technical questions or coding challenges that could come up during the interview.
✨Prepare for Team Management Questions
As a VP, 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 any challenges you've faced and how you overcame them to demonstrate your capability.
✨Understand the Business Context
Familiarise yourself with the equities market and the specific products you'll be dealing with. Being able to discuss current trends, risks, and opportunities in the market will show that you're not just a numbers person but also understand the broader business implications.
