Quantitative Engineer

1 month ago


New York NY United States Goldman Sachs Full time
YOUR IMPACT

You'll be part of a diverse and talented team, applying your advanced scientific training to tackle new and exciting problems within our Equity Structured Product 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, our invaluable quantitative perspectives on complex financial and technical challenges power the business decisions

Within Equity Structured Product, our team is responsible for utilizing 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

Role Responsibilities:
  • Develop and maintain derivatives pricing models for equity structured products, such as structured equity linked notes, OTC equity derivatives etc.
  • Scale the business by increasing automated risk management for exposures to Equity, FX etc
  • Expand the scope of our pricing capabilities to new underliers/payoffs, solving idiosyncratic challenges along the way.
  • Enhance risk management by backtesting hedging strategies for equity structured products.
  • Collaborate closely with the trading team to ensure daily accurate risk management.
Basic Qualifications:
  • Experience in structured product modelling.
  • Excellent academic record in a relevant quantitative field such as Mathematics, Engineering or Computer Science.
  • Experience in object-oriented programming with a language such as C++, Java or Python.
  • At least two 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
Learn more about our culture, benefits, and people at GS.com/careers

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process
Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2023
All rights reserved

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience
A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here

Salary Range
The expected base salary for this New York, New York, United States-based position is $150000-$300000
In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience
A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here



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