Market Risk Strats, Equities Risk, VP, London

WeAreTechWomen; Greater London; On-site; GBP 80,000 - 130,000; Full time

Job summary

A leading global investment firm is seeking a Vice President in Market Risk Strats to lead the development of market risk models. This role involves refining and maintaining risk models for equities and implementing quantitative analytics. Candidates should hold a PhD in a quantitative discipline and have strong programming skills alongside team management experience. The firm is committed to diversity and inclusion and offers various professional growth opportunities.

Qualifications

• PhD in quantitative discipline with 5 years of experience.
• Proven experience developing pricing models for equities.
• Strong programming skills in popular languages.

Responsibilities

• Develop and maintain market risk models for equities.
• Implement and test models ensuring quality.
• Interact with stakeholders for model results.

Skills

Strong quantitative skills in quantitative subjects

Programming experience in Java, C++, or Python

Excellent command of mathematics

Knowledge of statistics and econometric modeling

Education

PhD in a quantitative discipline

Bachelor’s/Master’s degree with 8 years experience

Job description

MARKET RISK STRATS, RISK, VICE PRESIDENT

We are currently seeking experienced candidates for the position of Vice President in Market Risk Strats team within the Risk Division to lead Equities Market risk Strats.

The Market Risk Strats team is a multidisciplinary group of quantitative experts focusing on market risk and capital models. The team is primarily responsible for designing, implementing and maintaining quantitative models for metrics such as Value-at-Risk, Stress Tests and Capital.

Responsibilities

• Developing, refining and maintaining robust and production quality market risk models (such as value-at-risk, stress tests) and capital models covering Equities businesses. This involves identifying market risk factors for various equity products (derivatives) and building mathematical models to capture their economic and statistical characteristics.
• Implementing, testing and productionizing models and analytics. This involves prototyping models, implementing them and designing tests to ensure the quality of implementation as well as tests for the continuous functioning of the models.
• Performing pricing analyses, risk and capital impact analyses.
• Interact with various other groups such as risk managers, senior managers and stakeholders to explain the results of the models and analytics and provide quantitative advice.
• Leading a team of quantitative analysts, managing their day-to-day activities.

Basic Qualifications

• Strong quantitative skills with a PhD degree in a quantitative discipline (Physics, Mathematics, Quantitative Finance, Computer Science, Engineering, etc.) along with 5 years of relevant work experience or a Bachelor’s/Master’s degree in a quantitative discipline with 8 years of relevant work experience.
• Excellent command of mathematics, modeling and numerical techniques. Good knowledge of statistics, time series analysis, econometric modeling and probability theory.
• Strong programming skills and experience with a popular programming language (Java, C++, Python etc.).
• Hands‑on experience of developing pricing models/risk models for equities (derivatives).
• Experience in managing a team of quantitative analysts.

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.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

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Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.