At a Glance
- Tasks: Conduct portfolio research and manage innovative volatility investment strategies.
- Company: Join Goldman Sachs, a leading global asset manager with a diverse and collaborative culture.
- Benefits: Competitive salary, professional development, and opportunities for meaningful client engagement.
- Other info: Dynamic environment with excellent career growth and commitment to diversity.
- Why this job: Be at the forefront of quantitative investing and make a real impact in the finance world.
- Qualifications: Degree in a quantitative field and strong Python programming skills 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. As a primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.
ROLE SUMMARY
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 QUALIFICATION
- Degree (Undergraduate/Master’s/PhD) in a quantitative discipline required
- 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
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Asset & Wealth Management, QIS Liquid Alternatives - Portfolio Management, Analyst, London employer: Goldman Sachs
Goldman Sachs Asset & Wealth Management is an exceptional employer, offering a dynamic work environment in London where innovation and collaboration thrive. Employees benefit from a culture that prioritises integrity and transparency, alongside opportunities for professional growth through exposure to cutting-edge investment strategies and a diverse team of experts. With a commitment to sustainable success and a focus on long-term performance, joining Goldman Sachs means being part of a leading firm that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Asset & Wealth Management, QIS Liquid Alternatives - Portfolio Management, Analyst, London
✨Get Involved in Finance Communities
Join investment and finance forums like CFA Society local chapters or online platforms like Financial Modeling World Championship. These communities are gold mines for networking, and they often have events where you can meet industry professionals who might lead you to that coveted role!
✨Leverage University Career Services
If you're still a student or recently graduated, don’t miss out on your university's career services. They often have partnerships with investment firms and can point you towards entry-level openings or internships—sometimes even exclusive to your uni!
✨Showcase Your Passion for Finance
Start a blog or social media account to discuss market trends or investment strategies. This not only showcases your passion but also makes you more visible to recruiters at firms like Goldman Sachs. They'll see your commitment and insight, setting you apart from the pack.
✨Utilise Our Job Board
Check out openings directly on our website and apply through us! Tailor your application to highlight your enthusiasm for asset management. We’re all about helping you land that entry-level role in investment—let's ace this together!
We think you need these skills to ace Asset & Wealth Management, QIS Liquid Alternatives - Portfolio Management, Analyst, London
Some tips for your application 🫡
Show Off Your Analytical Skills:In the world of investment and asset management, we need to see your ability to crunch numbers and analyse data. Don’t just state your qualifications; showcase projects or coursework where you've applied analytical skills, like financial modelling or statistical analysis. If you’ve worked with tools like Excel, mention it—it's a big plus!
Highlight Relevant Coursework or Projects:If you have an academic background in finance, economics, or a related field, make sure to include specific modules or projects that showcase your knowledge. We love seeing how you’ve applied theory to practice, so talk about any case studies or simulations you've participated in during your studies.
Craft a Motivational Cover Letter:As this is an entry-level position, your cover letter should express your eagerness to learn and contribute. Share your passion for investment strategies and how you keep up with market trends. Let us know why you're excited about joining Goldman Sachs and what you hope to achieve in this role!
Quantify Your Experience:Even if your experience is limited, anything you can quantify makes a difference—it could be a class project with tangible results or any relevant internships. If you’ve interned or worked on relevant projects, highlight your contributions with numbers. For instance, mention how a particular investment strategy improved a hypothetical portfolio’s performance.
How to prepare for a job interview at Goldman Sachs
✨Mastering Financial Concepts
Brush up on key financial terms and concepts relevant to asset management, like portfolio theory and risk management. We want to be prepared for those technical questions that'll test our understanding of how investments work and how to analyse them effectively.
✨Show Your Analytical Skills
Be ready to demonstrate your analytical capabilities through practical scenarios or case studies. You might be asked to interpret financial data or analyse a given investment strategy, so having examples of your past analysis projects or relevant coursework can really help us stand out.
✨Highlight Your Enthusiasm for Finance
As an entry-level candidate, showing genuine passion for the finance world is crucial. Let’s share stories about our interest in investments and how we've sought to learn more, whether through courses, reading, or personal investments. This can really resonate with interviewers at Goldman Sachs.
✨Prepare for Cultural Fit Questions
In entry-level interviews, cultural fit is often just as important as skills. Expect questions about how you work in teams or handle challenges. We should think about our teamwork experiences and how they align with the values of Goldman Sachs—let’s come across as not just a candidate, but as a potential colleague.
