Credit Desk Quant — Pricing & Risk Strategist

Goldman Sachs; Greater London; Hybrid; GBP 120,000 - 180,000; Full time

Job summary

Goldman Sachs in London is seeking a Desk Strat on the Credit Exotic Desk to design and build pricing and risk models for bonds and exotic credit derivatives. You will work with Credit Exotics, Macro Credit, and Credit Financing teams, partnering with trading desks to price and risk-manage client solutions across flow, structured, and funded credit.

The role requires strong quantitative abilities and sophisticated modelling skills, with emphasis on hazard-rate, correlation, and volatility

Qualifications

• Strong quantitative and technical problem solving skills.
• Meaningful experience in coding in an object oriented programming language.
• Excellent written and verbal communication skills.

Responsibilities

• Build and maintain pricing and risk models for credit derivatives and bonds, including single-name CDS, CDS indices, index tranches, CLNs, repacks and total return swaps on bonds, loans and indices.
• Develop and calibrate credit models, including hazard-rate, correlation, and volatility modelling.
• Work with sales, structuring and traders on strategies to navigate changing market and risk conditions and contribute to structured credit transactions.
• Develop robust, scalable pricing libraries and risk systems for derivatives, including trade booking, end-of-day risk, P&L explain and model validation support.

Skills

Quantitative skills

OO programming

Communication skills

Education

MS/PhD in quantitative field

Tools

Object oriented programming

Job description

Goldman Sachs in London is seeking a Desk Strat on the Credit Exotic Desk to design and build pricing and risk models for bonds and exotic credit derivatives. You will work with Credit Exotics, Macro Credit, and Credit Financing teams, partnering with trading desks to price and risk-manage client solutions across flow, structured, and funded credit.

The role requires strong quantitative abilities and sophisticated modelling skills, with emphasis on hazard-rate, correlation, and volatility