Asset & Wealth Management - Equity Desk Strat - Quantitative Engineering - Associate- New York [...]

Goldman Sachs Bank AG; New York (NY); On-site; USD 115,000 - 180,000; Full time

Job summary

An established industry player in asset and wealth management is seeking a motivated Quantitative Engineer to join their Fundamental Equity Team in New York. This exciting role involves developing and testing innovative investment strategies, managing risks, and constructing robust portfolios tailored to client needs. You will leverage your quantitative skills in a dynamic and collaborative environment, working closely with portfolio management teams to drive impactful investment results. If you are passionate about finance and eager to make a significant contribution, this opportunity is perfect for you.

Benefits

Competitive Salary

Discretionary Bonus

Valuable Benefits

Wellness Offerings

Qualifications

• 2+ years of relevant experience in quantitative roles.
• Strong analytical skills with a deep understanding of financial markets.

Responsibilities

• Develop and test investment ideas in collaboration with portfolio management teams.
• Utilize risk models to provide insights and enhance portfolio performance.

Skills

Quantitative Analysis

Risk Management

Portfolio Construction

Statistical Modeling

Data Science

Machine Learning

Financial Markets Knowledge

Creative Problem-Solving

Education

PhD or Advanced Master's in Mathematics, Physics, Engineering, or Computer Science

Tools

Risk Modeling Software

Statistical Analysis Tools

Job description

Asset & Wealth Management - Equity Desk Strat - Quantitative Engineering - Associate - New York location_on New York, New York, United States

Opportunity Overview sitemap_outline CORPORATE TITLE Associate language OFFICE LOCATION(S) New York assignment JOB FUNCTION Quantitative Engineering account_balance DIVISION Asset & Wealth Management monetization_on SALARY RANGE USD 115,000 - 180,000

About Asset & Wealth Management

Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm’s primary investment area, we provide investment and advisory services for some of the world’s leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals, for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success.

We are seeking a highly motivated and skilled Strategist to join our Fundamental Equity Team. The successful candidate will work closely with our portfolio management teams to develop and test investment ideas, manage risks, and build robust, risk-managed portfolios in order to drive investment results for our clients.

Key Responsibilities:

• Investment Idea Development and Testing: Collaborate with the portfolio management teams to develop investment ideas. Leverage frameworks provided by our core quant strats and AI strats teams to test these ideas.
• Risk Management: Utilize internal and external risk models to generate timely insights for the fundamental equity team. This includes proactive monitoring of risk exposures and analysis of recent returns to improve performance. The goal is to identify, assess, and mitigate potential risks before they impact our portfolios.
• Portfolio Construction: Assist in building robust, risk-managed portfolios that integrate the best stock level ideas with client needs. This involves managing factor, thematic, sector, and other risks in the portfolios to ensure they align with our clients' investment objectives and risk tolerance.

Qualifications:

• Outstanding background in a quantitative discipline (eg mathematics, physics, engineering or computer science at PhD or advanced Masters level)
• 2+ years of relevant professional experience
• Experience with fundamental equity research / equity valuation a plus
• Proven experience in a similar role, preferably within a fundamental equity environment.
• Strong quantitative and analytical skills, with a deep understanding of financial markets and investment strategies.
• Experience in statistics, data science, machine learning and/or predictive modelling.
• Proficiency in risk modeling and portfolio construction.
• Strong general and technical communication skills, with an ability to effectively articulate complex financial and mathematical concepts in a clear and concise manner.
• Strong team player, with the ability to collaborate effectively with various teams across the organization.
• Experience with alternative data sources a plus
• Creativity and problem-solving skills

This role offers a unique opportunity to apply your quantitative skills in a dynamic, collaborative environment. If you are passionate about finance and looking for a challenging role that allows you to make a significant impact, we would love to hear from you.

Salary Range
The expected base salary for this New York, New York, United States-based position is $115000-$180000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience.