Quantitative Research Strats Analyst

Job description

Job Summary & Responsibilities

GOLDMAN SACHS FIRM OVERVIEW
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial 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 and other major financial centers around the world.

STRATS OVERVIEW
Goldman Sachs’ Strats organization is a world leader in developing quantitative and technological techniques to solve complex business problems. Working within the firm’s trading, sales, banking and investment management divisions, Strats use their mathematical and scientific training to create financial products, advise clients on transactions, measure risk, and identify market opportunities.

ROLES WITHIN CCBD STRATS
As a strategist in in the Consumer and Commercial Banking Division (“CCBD”), you will play an integral role for the firm’s Investing and Lending business. You may create cutting-edge pricing models and empirical models to drive investment decisions, or develop a cross-asset type portfolio management system. You would be involved in analyzing market exposures and helping your desk with hedging and developing P&L projections. Throughout CCBD, strategists use quantitative and technological techniques to solve complex business problems.  The ideal candidate will have a good mix of solid math skills and programming ability.

CCBD houses businesses including the Urban Investment Group (“UIG”), GS’ impact investing and lending business. We are seeking a strong quantitative candidate (analyst level position) in the UIG Strats team. UIG is a fast growing principal investing and lending business that invests and lends across 7 main products, many of which are highly structured. UIG’s innovative investing approach also frequently requires new activity approvals that provide opportunity for collaboration across the firm with other Strats and divisions. You have the opportunity to have a profound impact on Goldman Sachs’ Investing and Lending Sector system infrastructure.  Working with some of the best investing and lending minds in the industry, you will learn about credit lending, equity investment, real estate investment and tax credits.  Leveraging your programming skills and quant skills, you can help to transform this investing and lending business with highly efficient, modern portfolio management system infrastructure.

Additionally, you will directly facilitate UIG deploying the firm’s capital into impact investments and loans that benefit low and moderate income communities, focusing on affordable housing, neighborhood revitalization and small business growth.  The business works closely with other areas of Goldman Sachs in sourcing, evaluating and structuring investment opportunities.

Primary Responsibilities
• Develop and maintain risk/pricing models and risk infrastructure for UIG
• Develop portfolio management tools to asset manage the wide variety of investment products
• Develop analytics to project P&L and the impact of stress tests on the portfolio
• Build analytics to optimize the capital deployment to help deal terms structure investments in a capital efficient manner

Basic Qualifications

• Master’s degree in computer science, math, physics or engineering
• Strong coding skills preferably with a working knowledge of Java, C++, Python or Scala
• Knowledge of SecDB/Slang is a plus
• Strong verbal and written communication skills

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.  © The Goldman Sachs Group, Inc., 2015.  All rights reserved.