Associate/Vice President

GBM Public, FICCS Commodities Strats, Associate/Vice President, London

Opportunity Overview

CORPORATE TITLE Vice President

OFFICE LOCATION(S) London

JOB FUNCTION Quantitative Engineering

DIVISION Global Banking & Markets

What We Do

At Goldman Sachs, quantitative strategists are the cutting edge of our businesses, solving real-world problems through a variety of analytical methods. Working in close collaboration with traders and sales, strats' invaluable quantitative perspectives on complex financial and technical challenges power our business decisions.

Within our Global Banking & Markets business, Commodities Strats sit on trading floors and provide value for both internal & external clients through cutting-edge models, predictive analytics, and high-quality trading tools. We are a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

While all trading desks at GS require strong quantitative skills, Commodities are at the centre of a changing world, where the environment, broader scientific R&D, geopolitics and global supply lines impact markets daily, and the pace of progress is rapid. This role will be an invaluable opportunity to sharpen all your skills and build a deep & broad foundation of product knowledge.

Who We Look For

We're looking for candidates with strong quantitative, programming, and communication skills with a keen interest applying those skills in the financial markets. As a desk strat on our Commodities trading desk, you’ll have the opportunity to apply your quantitative acumen towards solving complex problems and creating innovative solutions for our clients.

Your work will directly impact the firm's bottom line. Whether it’s developing automatic pricing algorithms to help our trading desks make better decisions or building a pricing model product that will help clients hedge risk, you'll create an immediate commercial impact for the firm.

Responsibilities

• Develop and maintain derivatives pricing models across multiple sub-asset classes, e.g. Gas & Power, Oil Products, Metals. The breadth of commodity markets means that we are constantly expanding and improving our models.
• Collaborate with Sales, Trading and Structuring teams to develop innovative risk-management solutions for clients. As a strat you will leverage option modelling knowledge to price bespoke client deals, while advising trading on hedging strategies.
• Contribute to physical commodity and commodity-backed structured finance transactions across the business.
• Be involved with all stages of the software development lifecycle. and collaborate closely with engineering teams who support real-time systems for risk (greeks), P&L attribution, market data, and automated quoting.
• Coordinate with different teams within the firm on projects to expand the business into new products and jurisdictions.

Qualifications

• Experience in commodity markets.
• Sound understanding of option pricing models.
• Experience in object-oriented programming with a language such as Python or C++.
• Excellent written and verbal communication skills.
• Excellent academic record in a relevant quantitative field such as Physics, Mathematics, Engineering or Computer Science.