Asset & Wealth Management, Macro Research - Quantitative Researcher, Associate - New York

The Goldman Sachs Group; New York, Cary (NY, NC); On-site; USD 100,000 - 170,000; Full time

Job summary

An established industry player is seeking a passionate Quantitative Researcher to join their Macro Research group. This role offers the chance to drive innovation in investment strategies and collaborate with experienced professionals. You'll conduct in-depth research, optimize strategy implementation, and contribute to platform development. With a commitment to fostering a collaborative environment, this company provides opportunities for career growth and utilizes cutting-edge technology to facilitate impactful research. If you thrive in a fast-paced setting and are eager to make a significant contribution, this is the perfect opportunity for you.

Qualifications

• Strong foundation in quantitative finance and global macro investing.
• Exceptional attention to detail and commitment to rigorous research.

Responsibilities

• Conduct in-depth research and quantitative analysis to refine investment strategies.
• Leverage statistical techniques to discover novel return-predictive signals.
• Collaborate with technologists to develop and maintain research platforms.

Skills

Statistical analysis

Econometrics

Financial markets knowledge

Large dataset management

Python programming

R programming

MATLAB programming

Attention to detail

Communication skills

Time series analysis

Machine learning

Job description

Goldman Sachs Asset Management (GSAM) is one of the world's leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today's dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world's leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices

Join our dynamic Macro Research group, a core component of QIS's success, driving innovation in macro, risk premia, and trend-following strategies across global liquid markets. We develop and manage sophisticated models applied to a diverse range of portfolios, from market-neutral hedge funds to long-only institutional mandates and low-volatility mutual funds. Our team thrives on intellectual curiosity, collaboration, and a passion for translating cutting-edge research into tangible investment results.

As a Quantitative Researcher, you will be an integral part of our team, directly contributing to the evolution and enhancement of our proprietary global macro investment strategies. This role offers a unique opportunity to work alongside experienced researchers, portfolio managers, risk managers, and traders, impacting all stages of the investment process. We foster a hands-on, entrepreneurial environment where you are empowered to own your projects from conception to implementation.

Key Responsibilities:

• Drive Innovation: Conduct in-depth research and quantitative analysis to refine and improve existing investment strategies, collaborating closely with our research team.


• Uncover Predictive Insights: Leverage statistical and economic techniques, employing both traditional financial data and alternative datasets, to discover novel return-predictive signals.


• Optimize Strategy Implementation: Conduct research on crucial aspects of investment strategy implementation, including trading cost models, risk models, optimization techniques, and portfolio construction methodologies.


• Enhance Research Capabilities: Develop and implement new features within our proprietary research system to facilitate the exploration of innovative research ideas.


• Contribute to Platform Development: Collaborate with technologists and strategists to develop, enhance, and maintain our state-of-the-art research and portfolio management platform, encompassing strategy back-testing, performance monitoring, and comprehensive risk analysis.


• Communicate Research Findings: Prepare and deliver insightful analysis and research presentations for senior business leaders and portfolio management team members.

Qualifications:

We are seeking a highly motivated and intellectually curious individual with a strong foundation in quantitative finance and a passion for global macro investing.

• Essential Skills:
  
  
  
  • Solid understanding of statistics, econometrics, and financial markets.
  
  
  • Proficiency in working with large and complex datasets.
  
  
  • Strong programming skills (e.g., Python, R, MATLAB).
  
  
  • Exceptional attention to detail and a commitment to rigorous research.
  
  


• Desired Attributes:
  
  
  
  • Excellent communication and presentation skills.
  
  
  • Proven ability to work both independently and collaboratively in a fast-paced environment.
  
  
  • Experience with time series analysis, machine learning, or other advanced quantitative techniques is a plus.
  
  

Why Join Us?

• Impactful Research: Directly contribute to the development and implementation of investment strategies that manage significant assets.


• Collaborative Environment: Work alongside a team of talented and passionate professionals in a supportive and intellectually stimulating environment.


• Career Growth: Benefit from opportunities for continuous learning and professional development.


• Cutting-Edge Technology: Utilize state-of-the-art technology and data resources to conduct innovative research.

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., 2021. 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.

Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$170000. 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. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.