Quantitative Investment Strategies - Macro Research, Associate/Vice President
Graduate job New York, United States Accounting / Management control
Job description
Job Summary & Responsibilities
YOUR IMPACT
We currently seek candidates who are eager to combine creative insights with thorough, high quality research to make investment decisions as part of our Global Macro Research and Portfolio Management team.
OUR IMPACT
Goldman Sachs Asset Management (GSAM) is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.
GSAM’s Quantitative Investment Strategies (QIS) group is a market leader in all aspects of quantitative portfolio management, including global macro investing. We implement our strategies in a variety of GSAM funds as well as in separate accounts for institutional clients.
HOW YOU WILL FULFILL YOUR POTENTIAL
The role will cover all aspects of our process, including researching new factors and strategies from the ground up; implementing risk and alpha models in production systems; critically evaluating daily updates to our model views; generating trades for our accounts; and explaining our research, process, and performance to clients.
The specific responsibilities of this position include:
• Compiling quantitative research from the literature with an eye towards creating profitable factors and risk estimates for use in global equity, fixed income, currency, and commodity portfolios
• Writing original code to simulate the historical performance of automated trading strategies
• Rebalancing client accounts while working as part of a broader team of traders, strategists, and other portfolio management professionals
• Meeting with internal and external clients to explain positioning and performance, to provide research updates, and to answer questions about our investment outlook
Basic Qualifications
SKILLS & EXPERIENCE WE’RE LOOKING FOR
• PhD in Finance or a related field with relevant published research, or a Bachelors/Masters in a STEM field with 3+ years of relevant industry research experience
• Thorough understanding of the fundamentals of Economics and Finance
• Proficiency in at least one scripting language (e.g., MATLAB, R, Python, Perl) and associated numerical/statistical packages
• Experience working with financial and economic data (including large data sets)
• Highly motivated, detail-oriented, and able to work both autonomously and collaboratively
Preferred Qualifications
• Experience with researching and testing systematic trading strategies
• Familiarity with global equity, fixed income, currency, and commodity markets
• Lower-level programming experience (e.g., C/C++, Java) a plus
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet. © The Goldman Sachs Group, Inc., 2015. All rights reserved.