Securities, Prime Services Strats, Associate
MORE ABOUT THIS JOB
OUR IMPACT Team Description
THE PRIME SERVICES STRAT TEAM- Our global team is a fundamental part of the Prime Brokerage and Clearing Services groups under the Prime Services umbrella within the Securities Division. We drive major business decisions and run business critical systems in the following areas:
STOCK LOAN & FUNDING- Our stock loan funding strats work side by side with the securities lending desk in conducting transactions and managing risk. In this entrepreneurial role, we build and maintain real-time and scalable trading, pricing, risk, inventory management and funding platforms.
RISK- Our risk strats together with risk managers are responsible for developing and maintaining stress tests across asset classes and modelling of margin methodology and calculation of margin requirements. These state-of-the art models allow us to offer a wide range of financing solutions and risk-management models to help clients operate reliable in a variety of market conditions.
CLIENT ANALYTICS- Our client analytics strats are in charge of developing external and internal client performance metrics across various dimensions of the Prime Brokerage Business. These metrics are heavily relied on by senior management and drive many discussions between clients, sales, and strats to identify the best ways we can serve our clients' needs.
While organized in different teams and locations, we pride ourselves in our teamwork across the globe and teams to find solutions that help our business thrive around the world. Our team members have a wide variety of quantitative academic and cultural backgrounds. This diversity helps us to find innovative solutions for our complex business problems. RESPONSIBILITIES AND QUALIFICATIONS HOW YOU WILL FULFILL YOUR POTENTIAL
If you are looking for a high impact position allowing you to fully leverage your strong quantitative and communication skills, then our Risk Strat team is the ideal opportunity for you.
Key responsibilities will include identifying risk factors underlying various asset classes (Equities/Credit/FX/Rates/Commodities) across various client strategies, calibration of the identified risk factors to incorporate to the risk based margin model, developing models to measure the risk, integrating various risk measures into a unified cross-asset margin model, building and enhancing risk management platforms, developing tools for risk deep dive analysis, and suggesting improvements to existing models.
You will work closely with prime brokerage risk managers and global Risk Strat team. You will establish and build-on partnerships with colleagues across the Securities Division and the Finance Division. You will enjoy a widely scoped role that rewards multi-tasking, initiative and strong execution. You will not only have a direct impact on key revenue stream in Prime Services business but also have the chance to realize additional revenue opportunities.
SKILLS & EXPERIENCE WE'RE LOOKING FOR Basic Qualifications
Strong academic background in a relevant field - Mathematics, Engineering, Computer Science or Physics background, including a quantitative understanding of statistics and probability
Strong programming skills in C, C++, Java, Python or equivalent language
Ability to work as part of a global team and deliver results quickly
Comfortable working on multiple projects, demonstrating initiative and showing commercial impact Preferred Qualifications
Strong verbal and written communication skills
Knowledge of Financial Mathematics a plus
Experience in one or more asset classes (Equities/FX/Credit/Rates/Commodities)
3 or more years of programming experience ABOUT GOLDMAN SACHS
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers .
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