GBM - Public Dept-Bengaluru-Associate-Quantitative Engineering Bengaluru · India · Associate

Goldman Sachs Bank AG; Hinoba-an; On-site; PHP 900,000 - 1,300,000; Full time

Job summary

Goldman Sachs Philippines seeks an Analyst or Associate to join the Resource Management Strats group within the Global Markets division. You will develop quantitative models for capital and liquidity optimization and counterparty credit risk across FICC, and apply calibration, backtesting, and stress tests as needed.

You will leverage strong programming skills (C/C++, Python, Java), a solid quantitative background, and a keen interest in financial markets to explain findings to business leaders

Qualifications

• Strong quantitative background with high academic achievement.
• Proficient programming in a structured language (C/C++, Python, Java).
• Interest in financial markets and products.

Responsibilities

• Create innovative models and calculators to optimize capital and liquidity and counterparty credit risk.
• Apply numerical optimization to minimize scarce resources in the firm.
• Develop a deep understanding of regulatory capital, methodology, and model implementation.
• Stay updated on regulatory changes and advances in quantitative finance and risk modeling.
• Interact with business leaders to explain findings and drive implementation.

Skills

Quantitative background

Programming in C/C++

Programming in Python

Programming in Java

Interest in financial markets

Education

Bachelor's degree in quantitative field

Job description

Our Impact

Resource Management Strats:The Resource Management Strats Group is central to management decisions made by senior business leaders within the Global Markets Division, create actionable strategies to enhance business performance, and drive cross-business initiatives along with the leadership team. The group works across various functions (liquidity management, capital allocation, Fee and Expenses optimization, Counterparty Credit risk management etc.)

For this position, we are looking for an Analyst or Associate to work in the Resource Management Strats group across the Counterparty Credit Risk & Funding and capital optimization strats teams.

Counterparty Credit Risk Divisional Strats:For this position, the individual will focus on the development, validation, and implementation of advanced quantitative models used to measure and manage counterparty credit risk across various financial products and asset classes in FICC. The candidate will also perform model calibration, backtesting, stress and scenario analysis to asses model performance and robustness.

Funding and Capital Optimisation Divisional Strats:For this position, the individual will focus on the optimization of scarce resources (Capital and Liquidity) and should demonstrate strong statistical, quantitative modelling, and programming skills as well as excellent communication, presentation, and interpersonal skills. The current portfolio of projects has a significant impact to the bottom-line of the firm but because of the very bespoke nature of the mandate of the team, there is embedded flexibility to onboard any new ideas with commercial impact.

How Will You Fulfil Your Potential

• Create innovative models and calculators to help drive our Capital and Liquidity optimization as well the Counterparty Credit risk management effort across the Global Banking & Markets division with initial exposure to all the businesses in the FICC division.
• Apply Numerical optimization techniques to the minimization of the firm’s scarce resources (capital, initial margin, contingent liquidity).
• Develop a deep understanding of regulatory capital, methodology, and model implementation
• Stay abreast of industry best practices, regulatory changes, and advancements in quantitative finance and risk modelling.
• Interact with business leaders to explain your findings and drive their implementation

Skills and experience We Are Looking for

Basic Qualifications

• Strong academic background in quantitative fields
• Strong programming background in a structured language (e.g. C/C++, Python, Java)
• Interest in financial markets/products

Preferred Qualifications

• Commercial focus, team oriented, self-motivated - Ability to solve problems and to explain the ideas that underly them to clients and colleagues - Excellent writing and verbal communication skills
• Experience working on a trading desk
• Exposure to recent regulatory developments (CCAR, Basel III, Balance Sheet, LCR, NSFR)
• Intellectual curiosity, follow through

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

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.

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.