Goldman Sachs & Co. Securities, FICC, Principal Funding & Investment STRATS, Analyst/Associate, London in London, United Kingdom

MORE ABOUT THIS JOB

SECURITIESOur 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.

DIVISIONAL OVERVIEW

Goldman Sachs' Strats business unit 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, measvure risk, and identify market opportunities.

ROLES WITHIN SECURITIES STRATS

Securities Strats play important roles in several areas. Some Strats sit on trading desks, creating cutting-edge derivative pricing models and developing empirical models to provide insight into market behavior. Others develop automated trading algorithms for the firm and its clients, taking an active part in the increasing shift from voice to electronic trading. A third group works directly with the firm's sales force and clients, analyzing exposures, structuring transactions, and applying quantitative concepts to meet client needs. Between these teams, Core Strats design and develop complex parallel computing architectures, electronic trading tools, and advanced algorithms.

RESPONSIBILITIES AND QUALIFICATIONS

THE ROLE

The Structured Credit Trading (SCT) desk at Goldman Sachs operates global business in structured finance, secured financing, credit exotics and credit hybrid transactions. SCT desk strats operate at the intersection of quantitative modeling, software development, deal structuring and marketing, working with trading and sales in a dynamic, high-pressure environment.

RESPONSIBILITIES

  • Work as part of the trading desk team to price and structure transactions and manage market, counterparty and funding risk

  • Develop new and support existing quantitative models for credit and financing products

  • Build and maintain trading and risk management tools

  • Develop trade ideas and risk analysis to help drive commercial transactions

EXPERIENCE

  • Strong academic background in a quantitative field, e.g. Applied Mathematics, Finance, Physics, Engineering, Computer Science (MS or PhD level)

  • Strong programming background (C/C++/Java/Python/Scala/Haskell/other functional programming languages)

  • Familiarity with financial modelling

  • Excellent writing and verbal communication skills

  • Ability to solve complex problems and to explain the ideas that underlie the solution to non-technical clients and colleagues Commercial focus, team oriented, self-motivated

  • Knowledge of stochastic calculus and financial mathematics

  • Experience working on a trading desk

  • Experience in asset backed securities

  • Experience in pricing and risk managing derivative instruments Goldman Sachs is an equal opportunity employer

ABOUT GOLDMAN SACHS

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 individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2017. All rights reservedGoldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.

Job ID 2017-37046

Schedule Type Full Time

Level Analyst

Function(s) General

Location(s) UK-London

Region EMEA

Division Securities

Business Unit FICC Desk Strats

Employment Type Employee