At a Glance
- Tasks: Lead quantitative trading strategies and enhance market making across FICC products.
- Company: Join Goldman Sachs, a global leader in investment banking and finance.
- Benefits: Diverse opportunities for growth, wellness programs, and competitive benefits.
- Why this job: Make an impact using advanced AI and machine learning in finance.
- Qualifications: Strong background in quantitative fields and programming skills in Python or C++.
- Other info: Dynamic team environment with a focus on diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
We are a team of FICC Quantitative Researchers who work to transform the Fixed Income, Currencies, and Commodities (FICC) business through quantitative trading, automating the key decisions taken every day. Our team has a wide remit across product types such as Interest Rates (IR), Foreign Exchange (FX), Credit, and Commodities, with strategies including market making, automatic quoting, central risk books, systematic trading, and algorithmic execution, trading on venues around the world. We deploy statistical analysis techniques and mathematical models, including advanced machine learning and AI, to improve business performance while working closely with traders and salespeople on the trading floor to bring value to our clients and the firm.
Role Responsibilities:
- Take a leading role on our Quantitative Trading & Market Making desk, building market making and quoting strategies across FICC products.
- Use advanced statistical analysis and quantitative techniques such as neural networks, machine learning, and factor models to build models that drive systematic alpha strategies which make real-time trading and risk management decisions.
- Implement frameworks to manage risk centrally and build optimal portfolios across FICC asset classes.
- Build model calibration frameworks for our advanced statistical and AI models, operating at scale with large quantities of time series data, ensuring accuracy and compliance.
- Drive our market making strategy development using a range of technologies, and collaborate closely with Quant Developers and core engineering teams to enhance core analytics infrastructure and trading tools.
- Develop and enhance critical pricing, trading, and risk tools, and create new frameworks leveraging trade and franchise data to optimize and systematize market making and hedging strategies.
Basic Qualifications:
- Excellent academic record in a relevant quantitative field such as physics, mathematics, statistics, engineering, or computer science.
- Strong programming skills in an object-oriented or functional paradigm such as C++, Java, or Python.
- Self-starter with strong self-management skills, ability to manage multiple priorities and deliver in a high-pressure environment.
- Excellent written and verbal communication skills, with the ability to articulate complex quantitative concepts to both technical and non-technical audiences.
Global Banking & Markets, FICC SMM Quantitative Researcher, Associate / VP, London employer: Goldman Sachs
Contact Detail:
Goldman Sachs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Banking & Markets, FICC SMM Quantitative Researcher, Associate / VP, London
✨Tip Number 1
Network like a pro! Reach out to current employees at Goldman Sachs or in the FICC space on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for those tricky technical interviews. Brush up on your programming skills in Python or C++, and be ready to discuss your quantitative projects. We want to see how you think!
✨Tip Number 3
Showcase your passion for FICC! Stay updated on market trends and be ready to discuss how you can apply your skills to real-world trading scenarios. It’s all about demonstrating your enthusiasm.
✨Tip Number 4
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 Global Banking & Markets, FICC SMM Quantitative Researcher, Associate / VP, London
Some tips for your application 🫡
Show Off Your Skills: Make sure to highlight your academic achievements and programming skills in your application. We want to see how your background in physics, mathematics, or computer science can contribute to our FICC team.
Tailor Your Application: Don’t just send a generic application! Tailor your CV and cover letter to reflect the specific role of a Quantitative Researcher at Goldman Sachs. We love seeing how you connect your experiences to the responsibilities listed in the job description.
Communicate Clearly: Your written communication skills are key! Make sure to articulate complex quantitative concepts clearly in your application. We need to know you can bridge the gap between technical and non-technical audiences.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!
How to prepare for a job interview at Goldman Sachs
✨Know Your Quantitative Stuff
Brush up on your knowledge of statistical analysis techniques and machine learning models. Be ready to discuss how you've applied these in real-world scenarios, especially in trading or risk management contexts.
✨Show Off Your Programming Skills
Make sure you can talk confidently about your programming experience, particularly in C++, Java, or Python. Prepare to discuss specific projects where you used these languages to solve complex problems or automate processes.
✨Communicate Clearly
Practice explaining complex quantitative concepts in simple terms. You might be asked to present your ideas to both technical and non-technical audiences, so being able to articulate your thoughts clearly is key.
✨Demonstrate Your Self-Management Skills
Be prepared to share examples of how you've managed multiple priorities in high-pressure situations. Highlight your ability to stay organised and deliver results, as this is crucial for the fast-paced environment of FICC trading.