Quantitative Strategist, Global Banking & Markets, FICC Resource Management

Quantitative Strategist, Global Banking & Markets, FICC Resource Management

Opportunity Overview

Office Location(s): New York Division: Global Banking & Markets Salary Range: USD 150,000 - 300,000

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 the firm's Global Banking & Markets business, our Resource Management Strats team is central to decisions made by senior business leaders, deploying actionable strategies to enhance business performance and drive cross-business initiatives in partnership with the leadership team. Our team works across various functions such as capital allocation, liquidity management, fee and expenses optimization, etc.

Who We Look For

For this position, we are seeking a professional to focus on optimization of scarce resources (Capital and Liquidity). Our ideal candidate will demonstrate strong statistical, quantitative modelling, and programming skills as well as excellent communication, presentation, and interpersonal skills. Our current portfolio of projects has a significant impact on the bottom-line of the firm. Yet, simultaneously, the bespoke nature of our team allows flexibility to onboard any new ideas with commercial impact.

How Will You Fulfill Your Potential

• Create innovative models and calculators to help drive our Capital and Liquidity optimization efforts across the firm's Global Banking & Markets business.
• Apply numerical optimization techniques to the minimization of the firm’s scarce resources (capital, initial margin, contingent liquidity).
• Develop a deep understanding of regulatory capital, methodology, and model implementation.
• Stay abreast of industry best practices, regulatory changes, and advancements in quantitative finance and risk modelling.
• Interact with business leaders to explain your findings and drive their implementation.

Basic Qualifications

• Strong academic background in quantitative field such as Computer Science, Applied Mathematics, Physics, Engineering, Statistics, etc.
• Strong programming background in a structured language such as C, C++, Python, Java.
• Interest in financial markets/products.

Preferred Qualifications

• Commercial focus, team oriented, self-motivated.
• Excellent written and verbal communication skills.
• Experience working on a trading desk.
• Exposure to recent regulatory developments (CCAR, Basel III, Balance Sheet, LCR, NSFR).
• Intellectual curiosity, follow through.

Salary Range

The expected base salary for this New York, NY, 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.

• We Offer Best-In-Class Benefits

• Healthcare & Medical Insurance

• We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

• Holiday & Vacation Policies

• We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

• Financial Wellness & Retirement

• We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

• Health Services

• We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

• Fitness

• To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

• Child Care & Family Care

• We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

• Benefits at Goldman Sachs

• Read more about the full suite of class-leading benefits our firm has to offer.