Asset & Wealth Management- Dallas-Associate-Quantitative Strategist "Strat"

The Goldman Sachs Group; Dallas (TX); On-site; USD 90,000 - 150,000; Full time

Job summary

An established industry player in financial services is seeking a Quantitative Strategist to design and implement innovative models that enhance investment strategies and risk management. This role offers the opportunity to work closely with portfolio managers and leverage your programming and analytical skills in a dynamic environment. If you possess a strong mathematical background and a passion for finance, this position will allow you to make significant contributions while advancing your career in a collaborative setting. Join a team that values innovation and excellence in the financial sector.

Qualifications

• 3+ years of experience in a quantitative role in financial services.
• Strong programming skills in Python, R, C++, or Java.

Responsibilities

• Develop and implement quantitative models for risk management.
• Collaborate with portfolio managers for data-driven insights.

Skills

Python

R

C++

Java

Statistical Analysis

Problem-solving

Financial Markets Knowledge

Education

Advanced degree in Mathematics

Advanced degree in Physics

Advanced degree in Computer Science

Advanced degree in Financial Engineering

Job description

Asset and Wealth Management Division - Engineering

Goldman Sachs Quantitative Engineering is a leading developer of quantitative models and cutting edge systems to solve complex business problems. Working with the firm's trading, operations, finance, sales, banking and investing businesses, engineers use their mathematical and scientific training to create financial products, advise clients on transactions, identify market opportunities, assist managing risks, and provide technical solutions to facilitate all business activities.

Goldman Sachs Asset and Wealth Management Division (AWM) is one of the key revenue generating Divisions of the Firm. AWM Alternatives is the private side of Asset Management and invests in a wide range of global asset classes including: Private Credit, Real Estate, Corporate Private Equity, Growth Equity and Infrastructure worldwide. The AM Private Alternatives Strategists collaborate with investing and finance professionals to create quantitative computer models and web applications to support all aspects of the investing and lending life cycle. We create quantitative models and develop software applications to help structure, value, hedge, and risk manage the investments in our portfolios, and applications as an interface to those models. Members hold advanced degrees in Engineering, Computer Science, Mathematics and Physics. The team proactively collaborates with colleagues globally to ensure that the best solutions are implemented.

Your Impact

Within Goldman Sachs Asset Management, quantitative engineers work in close collaboration with all parts of the business across asset classes, building products for portfolio, fund, deal, and budgeting analytics and models.

We are interested in individuals who have strong coding skills and a continued interest to learn about finance. As a member of our team, you will use your training in programming, mathematics, and logical thinking to construct applications that drive our success. Your talents for analysis and aptitude for innovation will define your contributions and enable you to find solutions to a broad range of problems, in a dynamic, fast-paced environment.

Job Overview

The Quantitative Strategist will be responsible for the design, development, and implementation of quantitative models and algorithms for a financial services company. This individual will work closely with portfolio managers, investing professionals, and other stakeholders to identify areas where quantitative analysis can provide insights and support decision-making. The Senior Quantitative Engineer will also lead the development of proprietary models to support the company's risk management and investment strategies.

Key Responsibilities:

• Develop and implement quantitative models and algorithms to support risk management and investment strategies
• Conduct statistical and mathematical analysis of financial data to identify patterns and trends
• Collaborate with portfolio & fund managers to identify areas where quantitative analysis can provide insights and support decision-making
• Lead the development of proprietary models and algorithms to support the company's risk management and investment strategies
• Communicate results and findings to stakeholders in a clear and concise manner
• Stay current with industry developments and new technologies

Qualifications:

• Advanced degree in a related field such as Mathematics, Physics, Computer Science, Financial Engineering or a related field.
• Strong programming skills in at least one language such as Python, R, C++ or Java
• Strong understanding of mathematical and statistical concepts, especially in finance
• Strong problem-solving skills and the ability to think critically
• Excellent communication skills and the ability to work well in a team environment
• Strong experience in financial markets, risk management and time series analysis.
• Working knowledge of Corporate Finance and Financing Mathematics

Experience:

• Minimum of 3+ years of experience in a quantitative role in a financial services company
• Experience with financial modeling or in the financial industry is a must

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

The Goldman Sachs Group, Inc., 2023. All rights reserved.

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.