Finance, Controllers Modelling, Analyst/Associate

Job description

Job Summary & Responsibilities

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong, Bangalore and other major financial centers around the world.
We are currently seeking candidates for the Controller Modeling (CM) group within the Market Risk Management and Analysis (MRMA) Department. CM is a multidisciplinary group of quantitative experts focusing on independent price verification. This position is based in London. The group is primarily responsible for designing, implementing and maintaining quantitative measures of fair value including Independent Present Value and collateral analysis signals.

Responsibilities
The responsibilities of the associate can include:
• Developing, refining and maintaining models and analytics (such as price verification and capital models). This involves designing and implementing tests to identify market risk factors for various portfolios and building models to capture their economic and statistical characteristics; this also involves analyzing the availability and quality of asset data inputs to the models.
• Implementing, testing and productionizing models and analytics. This involves prototyping models, implementing them and designing tests to ensure the quality of implementation as well as tests for the continuous functioning of the models.

• Providing model, testing and model change documentation and quality control of models.
• Performing exotic structure pricing analyses, risk and capital impact analyses.
• Interact with various other groups such as market risk analysts to explain the results of the models and analytics and provide quantitative advice.

Opportunities
In performing his/her job function an Associate will have the following opportunities:
• Broad exposure to pricing and calibration models, risk and capital models for a variety of products
• Exposure to challenging quantitative problems such as modeling risks for derivatives, large scale Monte-Carlo simulations of complete portfolios across the firm, fast and accurate approximate market risk measurements.
• Development of quantitative and programming skills as well as product and market knowledge.
• Opportunities to work with other groups in various areas of the firm.
• Dynamic team work environment.

Basic Qualifications

Qualifications
• PhD in a quantitative field such as mathematics, physics, statistics or engineering.
• Excellent command of mathematics, modeling and numerical algorithms. Good knowledge of statistics and time series analysis a definite plus.
• Strong programming skills and experience with an object oriented programming language (Java ok, C++ preferred).
• Strong written and verbal communication skills.
• Self-motivated team player

Goldman Sachs is an equal opportunity employer. © The Goldman Sachs Group, Inc., 2016. All rights reserved.