The Goldman Sachs Group, Inc

The Core Engineering, FTP Strats, Associate, Quantitative Engineering

The Goldman Sachs Group, Inc$120K — $145K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Advanced degree (PhD or Masters) in a quantitative field (Mathematics, Physics, Engineering, or Computer Science), or bachelor's with equivalent experience
  • Strong analytical and problem-solving skills
  • Proficiency in Python or similar programming language
  • Excellent communication skills for both technical and business audiences
  • Familiarity with financial markets and optimization is advantageous
  • Self-motivated team player

Responsibilities

  • Design and implement quantitative models for accurate asset and liability pricing
  • Develop fixed-income models for risk centralization and internal funding transfers
  • Assess business needs and facilitate data engineering solutions
  • Create analytics and reporting for transparency on FTP and ALM
  • Analyze model outputs and communicate results to non-technical clients
  • Manage the full systems development cycle from requirements to maintenance

Benefits

  • Collaborative work environment with global exposure
  • Opportunities to work closely with senior leadership and various business units
  • Involvement in strategic decision-making to align with the Firm's financial objectives
  • Focus on professional development in quantitative finance and risk management
  • Access to resources supporting personal and professional growth
Full Job Description
Job Description

Corporate Treasury lies at the heart of Goldman Sachs, ensuring all the businesses have the appropriate level of funding to conduct their activities, while also optimizing the firm's liquidity and managing its risk.

The Funds Transfer Pricing (FTP) Strats team within Treasury is dedicated to developing robust quantitative Asset Liability Management (ALM) models and frameworks. This enables the accurate pricing, incentivization, and execution of funding transfers, utilizing liabilities such as deposits and notes, to support the Firm's asset-generating revenue activities. The team collaborates closely with Treasury traders, deposit and revenue businesses, Risk, and senior leadership across the Firm to strategically manage the overall balance sheet and enhance risk management.

FTP's primary objectives are:
  • Incentivize the desks' decision making to align with Firm's overarching financial objectives while operating within established risk and regulatory frameworks
  • Efficiently execute funds transfer through the utilization of internal funding instruments developed and managed by the FTP strats team
  • Manage deposits pricing models to accurately quantify and assess interest rate risks across all deposits in the Firm
  • Develop and manage effective quantitative models that facilitate the transfer of market risks in Treasury, enabling centralized managed by the Treasury trading desk


Responsibilities:
  • Design and implement quantitative frameworks and mathematical models to accurately price funding for Firm's assets and liabilities
  • Develop fixed-income tradable models for internal funding transfer and risk centralization as well as pricing models for deposits based to quantify deposits risk to markets sensitivities
  • Understand business needs, data requirements and specifications; facilitate and develop process workflow required to support implementation of data engineering solutions
  • Develop analytics and reporting to provide transparency on FTP and ALM
  • Analyze model output and facilitate understanding of model results by non-technical clients
  • Manage/Execute end-to-end systems development cycle from requirements analysis, coding, testing, UAT and post go live maintenance

Basic Qualifications
  • Advanced degrees (PhD or Masters) in a quantitative field such as Mathematics, Physics, Engineering, or Computer Science -- or bachelor's with relevant work experience
  • Strong analytical and problem-solving ability
  • Python or similar programming language
  • Excellent communication skills, including experience speaking to both technical and business audiences and working globally across multiple regions
  • Familiarity with financial markets, financial products, and optimization is a plus
  • Self-motivated team player

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

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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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