The Goldman Sachs Group, Inc

Quantitative Strategist, Global Banking & Markets, FICC Resource Management

The Goldman Sachs Group, Inc$150K — $225K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong academic background in a quantitative discipline (Computer Science, Applied Mathematics, Physics, Engineering, Statistics)
  • Proficiency in programming languages such as C, C++, Python, and Java
  • Interest in financial markets and products
  • Exposure to recent regulatory developments like CCAR and Basel III
  • Excellent written and verbal communication skills

Responsibilities

  • Create innovative models to enhance Capital and Liquidity optimization
  • Apply numerical optimization techniques for resource minimization
  • Develop understanding of regulatory capital and model implementation
  • Stay updated on industry best practices in quantitative finance
  • Communicate findings effectively with business leaders

Benefits

  • Valuable and competitive benefits offerings
  • Wellness programs for employees
  • Support for work-life balance
  • Opportunities for professional development
Full Job Description
Job Description

What We Do

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 an Analyst- or Associate-level professional. The chosen individual will focus on optimization of scarce resources (Capital and Liquidity) and should 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 Fulfil 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, New York, United States-based position is $150000-$225000. 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.

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.

Stay Connected

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

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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