Asset & Wealth Management - Quantitative Strategist - Associate - New York

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

Job summary

Goldman Sachs is seeking an Asset & Wealth Management Quantitative Strategist—Associate in New York, to build quantitative models that address risk, fraud, and investment goals. You will collaborate with risk management and strategy teams, deploying ML models and data-driven analytics across multiple asset classes.

The role requires strong programming and math skills, experience with Python/Spark, and a collaborative, self-driven attitude in a fast-paced environment.

Qualifications

• Quantitative or engineering degree (e.g., mathematics, physics, quantitative finance, CS).
• 1–3 years in quantitative modeling or software development roles.
• Programming and mathematical skills required; machine learning knowledge a plus.

Responsibilities

• Develop and deploy ML models for fraud and anomaly detection and improve workflows.
• Deliver risk metrics and analytics for financial and non-financial risks in wealth management.
• Build AI-led solutions to improve risk management efficiency and accuracy.

Skills

Mathematics

Programming

ML techniques

Communication

Independent work

Education

Bachelor/Master/PhD in quantitative field

Tools

Python

Spark

SQL

Pandas

NumPy

Scikit-learn

Job description

Asset & Wealth Management - Quantitative Strategist - Associate - New York

New York, NY, United States

Job Description

Our quantitative strategists are at the cutting edge of our business and solve real-world problems through a variety of analytical methods. As a member of our team, you will utilize your training in mathematics, programming, and logical thinking to build quantitative models that drive success in our business. Your problem-solving talents and aptitude for innovation will help define your contributions and enable you to find solutions to a broad range of problems, in a dynamic, fast-paced environment.

Responsibilities

As a strategist on our PWM Risk Strats team, you will workclosely with various teams including risk management and fraud strategy.You will combine quantitative techniques and industry knowledge to build best in class models and tools that streamline risk management, detect fraud at scale, enable optimized data-driven business decision making, and optimize profitability.

Responsibilities include:

• Developing and deploying ML models for fraud and anomaly detection as well as business workflows enhancement
• Delivering risk metrics and quantitative analytics for financial and non-financial risks across wealth management
• Develop AI-led solutions to improve efficiency and accuracy in risk management.
• Building and maintaining robust and systematic risk management tools and reporting
• Collaborating on the design of new and existing strategies to address clients’ investment goals.
• Developing and maintaining risk management and portfolio analysis tools across multiple asset classes for senior management and portfolio managers.
• Building and maintaining infrastructure of Strategists’ analytical systems.

About Goldman Sachs Wealth Management

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking, and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data, and design.

Basic Qualifications

• Bachelor, Masters or Ph.D. in a quantitative or engineering field, e.g. mathematics, physics, quantitative finance, computational finance, computer science, engineering
• 1-3 years of experience in the job offered or related quantitative financial modeling and software development positions
• Programming and mathematical skills are required
• Creativity, problem-solving skills, and ability to communicate complex ideas to a variety of audiences
• A self-starter, should have ability to work independently as well as thrive in a team environment
• Excellent understanding of machine learning techniques and algorithms, such as gradient boosting decision trees, random forests, etc., is a plus
• Experience with building models using common data science toolkits, i.e., Python (Pandas, NumPy, Scikit-learn) and Spark
• Experience with prompt engineering, working with LLM models, and MCP.
• Previous work experience in: Utilizing statistical methods, including time-series and regression analysis; programming in object-oriented languages for efficient model implementations; manipulating data sets using relational databases and SQL

Preferred Qualifications

• Excellent understanding of machine learning techniques and algorithms, such as gradient boosting decision trees, random forests, etc., is a plus
• Experience with building models using common data science toolkits, i.e., Python (Pandas, NumPy, Scikit-learn) and Spark
• Experience with prompt engineering, working with LLM models, and MCP.
• Previous work experience in: Utilizing statistical methods, including time-series and regression analysis; programming in object-oriented languages for efficient model implementations; manipulating data sets using relational databases and SQL

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 .

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, NY, 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. A summary of these offerings, which are generally availableto active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Healthcare & Medical Services

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

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

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

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).

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

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