The Goldman Sachs Group, Inc

Engineering-New York-Vice President, Quantitative Engineering-10427773

The Goldman Sachs Group, Inc$191K — $236K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • PhD, Master's, or Bachelor's in Mathematics, Computer Science, Financial Engineering, Applied Mathematics, or similar quantitative field.
  • 1-5 years of experience in quantitative engineering roles, depending on degree level.
  • Proficiency in programming languages like C++, R, or Python.
  • Expertise in econometrics and time-series analysis.
  • Experience with machine learning, particularly explainable ML methods.
  • Skilled in production cloud deployment of statistical models.
  • Knowledge of AI agent development and orchestration.

Responsibilities

  • Lead design and development of quantitative models for forecasting.
  • Incorporate economic and business-risk variables into financial models.
  • Develop explainable ML models for risk assessment and event prediction.
  • Collaborate with cross-functional stakeholders on model specifications.
  • Translate user needs into metrics, dashboards, and reports.
  • Manage the model development lifecycle from data collection to deployment.
  • Create AI systems that provide analytical capabilities through conversational interfaces.

Benefits

  • Comprehensive health insurance plans.
  • Retirement savings plan options.
  • Generous paid time off and holidays.
  • Access to professional development and training programs.
  • Employee assistance programs and wellness initiatives.
Full Job Description
Job Duties: Vice President, Quantitative Engineering with Goldman Sachs Services LLC in New York, New York. Lead the design, development, implementation, and documentation of advanced quantitative models and scenarios for time series forecasting. Incorporate economic, financial, and business-risk variables to address practical issues in finance and risk management and conduct uncertainty quantification. Develop and deploy explainable Machine Learning (ML) models for event prediction and risk scoring. Derive actionable insights to support business strategy, regulatory compliance, and internal governance reviews. Collaborate with cross-functional stakeholders across business divisions, Finance and risk departments. Translate complex user needs into precise model specifications, analytical metrics, interactive dashboards, and comprehensive reports. Execute the end-to-end model development lifecycle, encompassing data collection, exploratory data analysis, feature engineering, variable selection, model selection, hyperparameter tuning, validation, and scalable cloud-based deployment. Design and engineer Artificial Intelligence (AI) agentic systems to deliver analytical, data science, and reporting capabilities through conversational interfaces. Manage agent orchestration, context management, knowledge base integration, and overall AI lifecycle management. Conduct rigorous simulation studies, provide theoretical justifications, and perform model performance testing. Create and maintain comprehensive technical documentation to support Model Risk Management reviews, facilitate finding remediation, and ensure ongoing model monitoring. Job Requirements: PhD degree (U.S. or foreign equivalent) in Mathematics, Computer Science, Financial Engineering, Applied Mathematics, or related quantitative field such as Statistics and one (1) year of experience in job offered or a related quantitative engineering role OR Master's degree (U.S. or foreign equivalent) in Mathematics, Computer Science, Financial Engineering, Applied Mathematics, or related quantitative field such as Statistics and three (3) years of experience in job offered or a related quantitative engineering role OR Bachelor's degree (U.S. or foreign equivalent) in Mathematics, Computer Science, Financial Engineering, Applied Mathematics, or related quantitative field such as Statistics and five (5) years of experience in job offered or a related quantitative engineering role. Prior experience must include one (1) year with PhD OR three (3) years with Master's OR five (5) years with Bachelor's with the following: programming Languages including C++, R, or Python; econometrics and Time-Series Analysis including modern time-series econometric techniques for forecasting, structural-break analysis, and regime-switching analysis; simulation and Uncertainty Quantification including Monte Carlo simulation and modern Conformal Prediction methods for uncertainty quantification; machine Learning and non-parametric statistics including statistical learning methods with emphasis on explainable ML, causal model selection, and hyperparameter tuning; production Cloud Deployment including implementation of mathematical and statistical models in scalable, production-grade cloud environments; data Management including management and processing of large-scale structured and unstructured datasets using database query languages and data management tools; model Validation and Documentation including design and execution of simulation studies, validation and theoretical justification, and production of comprehensive model risk documentation to support independent Model Risk Management (MRM) validation; and AI Agent Development including common agentic framework and context management, harness engineering, multi-agent orchestration, knowledge base integration, and safe code execution. Salary Range: Annual base salary for this New York, New York-based position is $191,000 - $236,800.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

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Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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