Securities, FICC, IRP Quantitative Strats, Analyst/Associate

Job description

Job Summary & Responsibilities

As a strategist who sits in the Securities Division, you will play an integral role on the trading floor. You may create cutting-edge derivative pricing models and empirical models to provide insight into market behavior, or develop automated trading algorithms for the firm and its clients. You might be involved in analyzing exposures and structuring transactions to meet client needs, or involved in designing and developing complex parallel computing architectures, electronic trading tools, and advanced algorithms. Throughout the Securities Division, strategists are using quantitative and technological techniques to solve complex business problems.

THE SECURITIES DIVISION
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

Our team is responsible for the analytics, models and tools of the US interest rate products trading business. We actively collaborate with traders on model development, risk analysis and pricing trades, and with colleagues in engineering on developing and enhancing core analytics infrastructure, with the goal of growing revenue and better managing risk.

You will focus on the flow rates businesses which span interest rate swaps, government bonds and inflation linked products. Your responsibilities will include building and enhancing critical pricing, trading and risk tools, and developing new frameworks which leverage trade and franchise data to optimize and systematize market making and hedging, You will also work on analysis & optimization with respect to capital, liquidity & other regulatory constraints.

Basic Qualifications

i. Undergraduate or higher degree with major in computer science, engineering, applied math, physics or similar.
ii. 2 or more years of experience in a quantitative finance role in sell or buy side, preferably in fixed income.
iii. Strong programming experience in C/C++/Java or similar.
iv. Proficient in applied probability, optimization, numerical analysis, algorithms, data structures.

Preferred Qualifications

i. Experience in a sell side role within interest rate products, expertise in interest rate models and analytics such as yield curve construction, risk computation, some experience with volatility modeling desirable but not essential.
ii. Experience with building production systems used on a trading desk, and/or analysis of trading and market data in the context of systematic trading.

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