At a Glance
- Tasks: Join a dynamic team to develop cutting-edge derivatives pricing models and algorithms.
- Company: Goldman Sachs is a leading global investment banking and securities firm with a commitment to diversity.
- Benefits: Enjoy professional growth opportunities, wellness programs, and a supportive work environment.
- Why this job: Be at the forefront of finance, solving real-world problems with innovative quantitative techniques.
- Qualifications: Strong academic background in quantitative fields and programming experience required.
- Other info: Open to recent graduates or those with up to 4 years of relevant experience.
The predicted salary is between 28800 - 48000 £ per year.
YOUR IMPACT
You’ll be part of a diverse and talented team, applying your advanced scientific training to solve new and exciting problems for the Flow Rates business.
OUR IMPACT
Quantitative strategists are at the cutting edge of our business, solving real-world problems through a variety of analytical methods. Working in close collaboration with traders and salespeople, their invaluable quantitative perspectives on complex financial and technical challenges power our business decisions.
Within the Flow Rates business, our team is responsible for utilising modern and sophisticated quantitative techniques to enhance and further develop our derivatives market making capabilities. This includes traditional derivatives pricing and modelling, as well as automation of our quoting, hedging and risk management activities.
HOW YOU WILL FULFILL YOUR POTENTIAL
- Develop and maintain derivatives pricing models across multiple products used on the desks, with a strong focus on developing, understanding and evolving cutting edge curves modelling the ever changing market conditions.
- Building algorithms and models for automated pricing and quoting of derivatives.
- Expand the scope of our automated pricing capabilities to new underliers/payoffs, solving idiosyncratic challenges along the way.
- Be involved with all stages of the software development life cycle with a range of technologies, and collaborate closely with engineering teams who support the underlying infrastructure and frameworks.
BASIC QUALIFICATIONS
SKILLS & EXPERIENCE WE’RE LOOKING FOR
- Excellent academic record in a relevant quantitative field such as Finance, Mathematics, Computer Science, Physics or Engineering.
- Experience in object-oriented programming with a language such as Python, C++, Java or Scala.
- Straight out of university or up to 4 years of experience in finance or a cutting-edge technology company.
- Excellent written and verbal communication skills.
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.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Global Banking & Markets - Flow Rates Strat / Quant - Analyst, Associate - London employer: Goldman Sachs
Contact Detail:
Goldman Sachs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Banking & Markets - Flow Rates Strat / Quant - Analyst, Associate - London
✨Tip Number 1
Familiarise yourself with the latest trends in quantitative finance and derivatives pricing. Understanding current market conditions and how they affect pricing models will give you an edge during interviews.
✨Tip Number 2
Brush up on your programming skills, especially in Python or C++. Being able to demonstrate your coding abilities through practical examples or projects can significantly enhance your candidacy.
✨Tip Number 3
Network with professionals in the industry, particularly those working in quantitative roles. Attend relevant events or webinars to make connections that could lead to referrals or insider information about the role.
✨Tip Number 4
Prepare for technical interviews by practising problem-solving questions related to derivatives and quantitative analysis. Familiarity with common algorithms and their applications in finance will be beneficial.
We think you need these skills to ace Global Banking & Markets - Flow Rates Strat / Quant - Analyst, Associate - London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant skills and experiences that align with the requirements of the Global Banking & Markets - Flow Rates Strat / Quant role. Emphasise your academic background in quantitative fields and any programming experience you have.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your passion for quantitative finance and your understanding of the Flow Rates business. Mention specific projects or experiences that demonstrate your analytical skills and problem-solving abilities.
Highlight Technical Skills: Clearly outline your proficiency in programming languages such as Python, C++, Java, or Scala. Provide examples of how you've applied these skills in previous roles or projects, especially in relation to derivatives pricing or algorithm development.
Showcase Communication Skills: Since excellent written and verbal communication skills are essential for this role, include examples in your application where you've effectively communicated complex ideas or collaborated with teams. This could be through presentations, reports, or teamwork experiences.
How to prepare for a job interview at Goldman Sachs
✨Brush Up on Quantitative Skills
Make sure to review key concepts in finance, mathematics, and programming. Be prepared to discuss your academic background and any relevant projects that showcase your quantitative abilities.
✨Demonstrate Programming Proficiency
Since the role requires experience in object-oriented programming, be ready to talk about your experience with languages like Python, C++, Java, or Scala. Consider preparing a coding challenge or example project to discuss.
✨Understand the Flow Rates Business
Familiarise yourself with the Flow Rates market and derivatives pricing models. Being able to discuss current trends and challenges in this area will show your genuine interest and understanding of the role.
✨Prepare for Behavioural Questions
Goldman Sachs values communication skills and teamwork. Prepare examples from your past experiences that demonstrate your ability to work collaboratively and solve problems effectively.